Congressman pushes bill to rein in student loan debt

With student loan debt in the U.S now surpassing credit card debt at around one trillion dollars, Congressman Hansen Clarke, D-Mich., has brought forth a piece of legislation to avoid another economic meltdown similar to the one created by the mortgage crisis of 2008.

Read more

Deal with it: a veteran trader’s take on high-frequency trading

High-frequency trading has come under fire since the May, 2010 “flash crash” when the U.S. stock market sharply plummeted, then rebounded, in a matter of minutes. But one Chicago derivatives manager says the high-speed computer-driven trading should be allowed to run its course.

Read more