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News

2017

March

07
  • Art Institute campuses to be sold to foundation. A philanthropic foundation in Los Angeles is buying the vast majority of career colleges owned by Education Management Corp., including 31 Art Institute campuses, Argosy University and South University, in a deal announced Friday that underscores…
  • How to beat the robots. Maybe the automation of jobs will eventually create new, better jobs. Maybe it will put us all out of work. But as we argue about this, work is changing.
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  • Consumer Action INSIDER - March 2017. The March 2017 issue of Consumer Action's monthly newsletter teaches you how to understand your credit score better; updates you on a new study on how communities are pushing back against payday lending; details our latest financial counseling webinar (co-hosted with FICO); outlines recent California legislation impacting consumer privacy and more.

February

28
  • Buffett asks Big Money: Why pay high fees?. Poof: $100 billion disappeared. That’s the figure that Warren E. Buffett recently calculated that pension funds, endowments and wealthy individuals have lost over the last decade to hedge funds and other money managers that charge…
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  • En cuestión de ahorros, es necesario mejorar. La Gran Recesión y la recuperación han dejado a muchas personas muy lejos de sus objetivos y necesidades. El 48% de las personas que viven en EEUU ahorra, al menos, el 5% de sus ingresos.…
  • Little credit history? Lenders are taking a new look at you. About 45 million Americans lack traditional credit files, and the federal government is looking into whether alternative credit scoring models could bring more of these consumers into the financial mainstream. The Consumer Financial Protection Bureau…
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