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...reform. More worrisome to investors is the potential power of a Consumer Financial Protection Agency, part of the financial-reform bill recently passed by the House and under consideration in the Senate. Under the current versions of the bill, the agency would not have the power to set interest rates. But public anger with America's financial industry is rising, and that raises the possibility that extremely high interest-rate charges could ultimately be subject to federal limits...
...Which of the following is true about sales taxes? A. The national sales-tax percentage rate is 6% B. The Federal Government will deduct it from your paycheck C. You don't have to pay the tax if your income is very low D. It makes things more expensive for you to buy 42% of high school seniors answered this question correctly
...best protect the purchasing power of a family's savings in the event of a sudden increase in inflation? A. A 10-year bond issued by a corporation B. A certificate of deposit at a bank C. A 25-year corporate bond D. A house financed with a fixed-rate mortgage 36% of high school seniors answered this question correctly
Fitzsimmons predicted that the number of students to be admitted this year will be similar to that of last year—Harvard accepted 2175 students to the Class of 2013, an admission rate of 7 percent. The admissions office will be "very conservative" about its selection process, Fitzsimmons said, adding that he predicts Harvard will again offer admission to many students on the waiting list...
...will enable him to restart stalled initiatives, like a tax-reform package and fighting violent crime. "The issue of security is one of the most important reforms for my government," he says. "It's the issue that affects Guatemalans more than any other." Indeed, the country has a murder rate more than 8 times that of the U.S. Only 3.5% of last year's 6,451 slayings were solved, CICIG said. Rosenberg's videotaped calls for justice, which became an Internet sensation, resonated with tens of thousands of protesters - many of them students from the country's conservative private universities...