U.S. Sen. Elizabeth Warren has said "borrowers should be able to refinance their student loans to take advantage of lower interest rates, the same way people refinance a mortgage." Actually, some borrowers, especially those with good credit and income, already have refinanced their...
Australia's central bank dropped interest rates to a new record low Tuesday after a recent run of soft inflation readings, with some economists forecasting further cuts ahead. The 25 basis point cut to 1.5 percent means the Reserve Bank of...