The weak economy is helping to drive thousands more college graduates into the U.S. military.
Since the recession began in 2007, there's been a steady increase in the number of college graduates joining the armed forces. The Navy and Army have seen the biggest jumps. About 60 percent more college grads joined the Navy last year than in 2007.
For some of them, it's a job some would never have imagined for themselves just a few years ago.
Banking industry officials say it's unheard of: A state regulator, flying solo, threatens to take away the state license of a global bank — and then secures a very public settlement.
That's exactly what happened in New York this past week, when the state's Department of Financial Services reached a settlement with Britain's Standard Chartered Bank over allegations that it schemed with the Iranian government to launder billions of dollars.
Originally published on Mon October 15, 2012 11:04 am
Credit Courtesy of Jonathan Kalan
Yesterday on All Things Considered, Allison Aubrey explained how coffee is the new wine — or, at least, how our morning brew is catching up with the evening Chardonnay in terms of our appreciation for its flavor and textures. And that's piquing our interest in learning where our coffee comes from.
The Securities and Exchange Commission says former University of Georgia football coach Jim Donnan used his influence to get high-profile college coaches and former players to invest $80 million into a Ponzi scheme. Donnan has denied the allegations
Families often pull together to help finance a college education, with parents and grandparents chipping in or co-signing loans. And now, a SmartMoney report finds the U.S. government withholding money from Social Security recipients who've stopped paying on federal student loans.