EconomicCrisis

Recovery Threatened by Runaway Student Loan Debt

Surging above $1 trillion, U.S. student loan debt has surpassed credit card and auto-loan debt. This debt explosion jeopardizes the fragile recovery, increases the burden on taxpayers and possibly sets the stage for a new economic crisis.

R&D Spending Fell in 2009 for the First Time in a Decade

Corporate America took a tightfisted approach to its future last year, leading to an overall 3.5% decline in research and development spending at major industry titans, the first such drop in over a decade, according to a Booz & Co. survey cited by The Wall Street Journal.