federal government

White House Announces Plan to Ease Student Loans

Noting that it took President Obama 10 years to pay back his student loans, White House officials today announced a new presidential initiative aimed at helping others pay back the cost of their higher educations. Student loans have overtaken credit cards as the nation's largest source of debt.

Tax Deadline Looms: Advice for Last-Minute Filers

U.S. taxpayers get three extra days this year to file their income tax returns, but if you've put off doing your taxes, it's time to get organized -- and possibly to get help. Because if you owe Uncle Sam, even if you file for an extension, you'd better have his check in the mail by midnight Monday.

Guess Who's Making Money? NPR

NPR expects to make a profit this year, a surprising state of affairs for a nonprofit. But with the national debate raging about whether the federal government should stop funding public broadcasting, could NPR find itself a victim of its own success?

GM's IPO Size Likely to Shrink

At an anticipated $16 billion, General Motors' pending initial public offering was expected to be the second largest in history. Now, the No. 1 U.S. automaker is revising IPO expectations downward, anticipating it will bring in $8 billion to $10 billion when shares go public in November.

Tobacco Industry Dodges a $280 Billion Bullet

The Supreme Court will not weigh in on seven tobacco industry appeals, which means that all sides will come out losers to a degree. But by passing on the cases, the justices did the most good for the tobacco industry, which is safe from the threat of having to pay the government $280 billion.

Losing Money Isn't the Postal Service's Only Problem

Faced with an estimated $7 billion shortfall in 2010, the United States Postal Service is contemplating radical cuts that would eliminate Saturday mail delivery and raise the cost of postage. But to really turn the USPS's problems around, it will either need to be directly funded by the government or it needs the freedom to set its own prices, policies, and hours.