Investing in a college degree still pays off for most students with higher salaries and greater wealth, but in recent years it has become riskier, splitting graduates more widely into haves and have-nots, the Wall Street Journal reported. “It just has not been the blanket guarantee of following the same path to prosperity that...

Consumer borrowing slowed in June to the smallest increase in three months as a jump in auto loans and student loans was offset by a big drop in borrowing on credit cards, the Associated Press reported. Overall consumer borrowing increased by $14.6 billion in June after a $17.8 billion advance in May, the Federal Reserve reported...

In the first seven months of the year, U.S.-based companies announced 42,937 job cuts due to bankruptcy, up 40 percent on the same period last year and nearly 20 percent higher than all bankruptcy-related job losses last year, a report released Tuesday concluded, MarketWatch.com reported. Despite record-low unemployment, bankruptcy...