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Last Build Date: Fri, 20 Jan 2017 19:07:20 GMT

Copyright: Copyright 2017 The New York Times Company
 



In Navient Lawsuits, Unsettling Echoes of Past Lending Crisis

Fri, 20 Jan 2017 01:37:49 GMT

Lina Vitakauskas says it took over six years to get her monthly loan payments lowered. Her balance nearly doubled in that time.The largest U.S. collector of student loan payments is accused of engaging in the sloppiness and misleading tactics seen in the subprime market.


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Your Money: 6 Tips for Avoiding the Worst Student Loan Repayment Traps

Fri, 20 Jan 2017 10:00:20 GMT

Rohit Chopra, former student loan ombudsman for the Consumer Financial Protection Bureau, which has filed suit against the nation’s largest student loan servicer.The Consumer Financial Protection Bureau accused Navient, the nation’s largest student loan servicer, of much wrongdoing. Here’s how to steer clear of problems.


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A Gathering of the Global Elite, Through a Woman’s Eyes

Fri, 20 Jan 2017 10:00:18 GMT

Iris Bohnet, a behavioral economist from Harvard, at the World Economic Forum in Davos, Switzerland, where 80 percent of participants are men.Following a behavioral economist from Harvard as she navigates the World Economic Forum in Davos, Switzerland, where 80 percent of the participants are men.


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Women’s March Draws ‘Duty-Bound’ From Wall Street

Fri, 20 Jan 2017 00:13:25 GMT

Hillary Ripley, a longtime investor-relations professional, hosted a gathering on Tuesday for those planning to attend the women’s march in Washington this weekend.Financial professionals, not known for political protest because of its potential to hurt their careers, are joining the Washington event in force.


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Dow Industrials Turn Higher After 5 Straight Losses

Fri, 20 Jan 2017 16:15:43 GMT

Stocks are modestly higher in afternoon trading Friday following Donald Trump's swearing in as the 45th president of the United States. Phone companies, real estate and materials stocks were among the biggest gainers. Health care and industrial companies lagged the broader market. Investors were also weighing the latest batch of company earnings news.



Reporter's Notebook: A Clown and a Correspondent Join the Global Elite

Thu, 19 Jan 2017 22:42:10 GMT

What look like massive beach balls hanging from the ceiling are part of a project called Aerocene, led by the artist Tomás Saraceno, at the World Economic Forum in Davos, Switzerland.Ben Hubbard, a Mideast correspondent for The Times, tags along with his wife, a storyteller who was invited to Davos as a “Cultural Leader.”


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Tesla’s Self-Driving System Cleared in Deadly Crash

Fri, 20 Jan 2017 01:34:39 GMT

Joshua Brown was killed when his Tesla Model S, which was operating in Autopilot mode, crashed into a tractor-trailer.The highway agency found that while Tesla’s Autopilot feature didn’t prevent a crash in Florida, the system performed as it was intended.


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Issues of Riches Trip Up Steven Mnuchin and Other Nominees

Fri, 20 Jan 2017 02:04:18 GMT

Steven T. Mnuchin, President-elect Donald J. Trump’s nominee for treasury secretary, during his confirmation hearing on Thursday.Mr. Mnuchin, who failed to disclose nearly $100 million in assets, said the disclosure forms were “complicated” and his omissions were “unintentional.”


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China’s Economy Grows Strongly, Yet Central Bank Eases Policy

Fri, 20 Jan 2017 10:45:20 GMT

Shoppers in Sanya, China, in September. Adjusted for inflation, consumer spending climbed 9.6 percent last year, led by blistering growth in online retail sales of 26.2 percent.Rising debt helped fuel growth last year. But the central bank told big banks that they could lend even more during an upcoming holiday period.


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Former Top British Official to Join BlackRock as an Adviser

Fri, 20 Jan 2017 17:27:08 GMT

George Osborne spoke at the Treasury in London in June after Britain voted to leave the European Union.The move by George Osborne, the former chancellor of the Exchequer, is the latest example of British politicians taking financial jobs.


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Having a Sundance Hit May Not Make You Rich Anymore

Fri, 20 Jan 2017 18:36:24 GMT

In “Swiss Army Man,” a corpse (Daniel Radcliffe) appears to take a selfie with a friend (Paul Dano). The film earned about $4.2 million in theatrical release.In the last decade, only one film that had its premiere at the Sundance Film Festival has earned more than $40 million at the box office.


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Economic View: Federal Policy Will Shift. Not All States Will Shift With It.

Fri, 20 Jan 2017 19:00:23 GMT

States don’t always follow the lead of the federal government, and that is likely to be true regarding issues like climate change and health care.


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For-Profit Law School Is Cut Off From Federal Student Loans

Thu, 19 Jan 2017 22:24:29 GMT

The Education Department told the Charlotte School of Law that its students would not be eligible for federal aid because it did not meet standards.



Woody Johnson, New York Jets Owner, Will Be Ambassador to Britain

Fri, 20 Jan 2017 01:19:36 GMT

Woody Johnson, the owner of the New York Jets, at Trump Tower in Manhattan in November.Mr. Johnson is an old friend of President-elect Donald J. Trump, who has named just four ambassadors since his election in November.


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Author Who Turns Classics Into Children’s Books Is Sued

Fri, 20 Jan 2017 14:52:23 GMT

The author Fredrik Colting, whose KinderGuide books are based on classic novels.Two publishers and the estates of Arthur C. Clarke, Jack Kerouac, Truman Capote and Ernest Hemingway accused Fredrik Colting of copyright infringement.


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Adventures in Capitalism: For Trump’s Nominees, a Billionaires’ Guide to Running the Government

Thu, 19 Jan 2017 08:00:02 GMT

Clockwise from top left: Wilbur L. Ross, Rex W. Tillerson, Steven T. Mnuchin and Betsy DeVos, all nominees to be part of the Trump administration.President-elect Donald J. Trump says the federal government can be managed like a business. We’re about to find out if he’s right.


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Wealth Matters: Kroc’s Giving, Like McDonald’s Meals, Was Fast and Super-Sized

Fri, 20 Jan 2017 16:26:12 GMT

Michael Keaton portraying Ray Kroc in the new film “The Founder.”What do you do with all that money when you can never spend it all? After Ray Kroc amassed a vast fortune, his third wife, Joan, gave most of it to philanthropic causes.


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At Trump Hotel in Washington, Champagne Toasts in an Ethical ‘Minefield’

Thu, 19 Jan 2017 21:12:04 GMT

President-elect Donald J. Trump addressed a luncheon at the Trump International Hotel in Washington on Thursday.From the moment he is sworn in, the new president, Donald J. Trump, may be in violation of a lease with the federal government.


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Your Money Adviser: Time Is Not on Your Side When It Comes to Credit Debt

Fri, 20 Jan 2017 15:22:23 GMT

If you overspent on holiday gifts, credit experts advise that you pay down your card balance as quickly as possible.



Two Retirees Create Marijuana Packaging Business in Colorado

Wed, 18 Jan 2017 20:39:29 GMT

Deb Baker, left, a retired high school teacher, and Barb Diner, a former marketing executive, at a customer’s production facility in Aurora, Colo. The women started Higher Standard Packaging, which sells containers to cannabis dispensaries.A retired schoolteacher and a former marketing executive built a company in Colorado that sells child-resistant containers to cannabis dispensaries.


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Corner Office: Secretary of Defense Ashton B. Carter on Leading Through Clarity and Conduct

Fri, 20 Jan 2017 12:00:02 GMT

Ashton B. Carter, the outgoing secretary of defense.The outgoing secretary of defense says providing a clear sense of direction is especially important in the national security area.


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The Workologist: I’m Here to Work. Not to Be Your Friend.

Fri, 20 Jan 2017 12:30:23 GMT

Separate the personal from the professional if colleagues rub you the wrong way, but let the boss know if they’re not doing their job.


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Wheels: A Whiff of a New-Car Smell, Just a Page Flip Away

Thu, 19 Jan 2017 16:59:11 GMT

Steve Hayes in his Manhattan apartment with some of the 13,500 automobile sales brochures he has collected.For Steve Hayes, a childhood hobby turned into a collection of 13,500 automotive marketing brochures. Most of them will soon be up for sale.


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Putting The Times’s First Email Address to Bed

Fri, 20 Jan 2017 18:32:01 GMT

To my surprise, in 1995 The Times turned down my offer of the nyt.com domain. I was told that it would be confused with the internet address of New York Telephone.


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Tech Tip: How Your Phone Knows Where You Have Been

Fri, 20 Jan 2017 15:14:49 GMT

Most smartphones can store a visual history of your travels based on your GPS data, but you can turn it off.



Wayne Barrett, Fierce Muckraker at The Village Voice, Dies at 71

Fri, 20 Jan 2017 03:21:08 GMT

Wayne Barrett, a longtime investigative columnist for The Village Voice, in 2011 at his home in Brooklyn. There is, he once said, “no other job where you get paid to tell the truth.”In 37 years at The Village Voice, Mr. Barrett took on New York’s builders, landlords and politicians, among them Donald J. Trump and Rudolph W. Giuliani.


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Op-Ed Columnist: America’s Great Working-Class Colleges

Wed, 18 Jan 2017 18:41:09 GMT

Erik Pavia at the University of Texas at El Paso.Dozens of colleges are vaulting thousands of low-income students into the middle class and beyond, and yet are being starved of funding.


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