Hub News

Student Loan Bill Blocked By Senate

The Senate Republicans have blocked legislation toward student loan forgiveness. The legislation would have allowed students to refinance their loans at lower rates to give them some debt relief. There was a 56-30 vote on the legislation. Image by Tulane Public

Downtown Homes Increasingly Expensive

Homes in and around cities are very attractive; especially to those who work in the city. The commute is shorter, and it puts one closer to the culture of the city. The cost of land in cities has increased by 20.5%,

The World Bank Drops Global Growth Forecast

After the economy “got off to a bumpy start,” the World Bank has cut its global growth forecast. The United States forecast has been dropped from 2.8% to 2.1% while 2015 remains unchanged. The World Bank does believe, however, that

Low Credit Score May Cause Car Insurance To Rise

Drivers may be paying higher auto insurance premiums based on their credit scores. A study by WalletHub.com finds that there is a 65% difference in insurance costs between those with high credit scores and those with low credit scores. State

First U.S. Marijuana Bank Proposed

Colorado Governor John Hickenlooper signed legislation proposing to create a financial bank for the newly legal marijuana business in the state. Banks do not currently work with marijuana businesses, as the drug is stilled banned by federal law. The new

Agnik Analytics Offers New Insurance Savings

Agnik is a Big Data analytics company assisting mostly in the insurance and automotive industries. The company has recently announced that it has partnered with Liberty Mutual Insurance, giving its customers savings on Liberty Mutual home and auto insurance. Image by

Hospitals Are Saving With Expanded Medicaid Coverage

A study by the Colorado Hospital Association shows that hospitals are saving millions in states that have expanded Medicaid coverage under the Affordable Care Act. On average, in states that expanded coverage, there was a $0.9 million decrease in charity

GM Apologizes For Recalls

General Motors recently recalled 2.6 million of its Chevrolet Cobalt model due to a an ignition problem. The automobile insensitively sent recall notices to the families of victims of accidents from the model. GM spokesman Greg Martin said that GM

Seattle To Increase Minimum Wage

The minimum wage in Seattle is set to increase to $15 an hour, making it the highest in the United States. The Seattle City Council unanimously passed legislature to raise minimum wage from the Washington state minimum of $9.32 to

Phil Mickelson Investigated For Insider Trading

Golf star Phil Mickelson is reportedly being investigated by the FBI and SEC for possible insider trading. Investigators are looking into Mickelson and gambler William Walters and their involvement with billionaire investor Carl Icahn. Icahn and Mickelson both deny any

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