The government froze federal student loan payments for over three years, but they could resume within a matter of months now that Congress is on the verge of passing the bipartisan debt ceiling deal.  Under the compromise reached by President Biden and House Speaker Kevin McCarthy this past weekend, federal…

Your credit score tells the story of your financial life and monitoring that score is important. “Your credit score is one of the most important numbers in your financial life because it goes a long way toward determining whether or not you’re approved for loans and lines of credit,” says…

As Americans dealt with high inflation and recession fears, they also faced record debt, according to the latest data by the New York Fed.  Total household debt increased to $17.05 trillion in the first quarter of 2023, the NY Fed reported. That marked an increase of $148 billion quarter-over-quarter. Overall,…

Americans increased their savings for Health Savings Accounts (HSA) as Fidelity Investments reported its HSA assets surpassed $16 billion. The increased its funded HSAs by 27% from last year to a total of 2.8 million funded accounts. But while they were putting more money into HSA savings, more than half…

Fitch Ratings said Friday it is holding the United States on watch for a possible credit downgrade, even though Congress passed a bipartisan debt ceiling agreement that will ensure the government can pay its bills on time.  The ratings agency said in a statement it would maintain the “Rating Watch…

Stock markets are ignoring a “laundry list” of potential risks in their recent bull run, and a big downturn could be incoming, according to Julian Howard, investment director for multi-asset solutions at GAM Investments.Despite the risks associated with a steep rise in interest rates over the past 15 months, tech…

Check out the companies making headlines in premarket trading.Apple — The tech giant’s shares rose about 1% ahead of Apple’s Worldwide Developers Conference, which kicks off Monday in Cupertino, California. Apple is widely expected to announce a “Reality Pro” headset that incorporates virtual reality.related investing newsPalo Alto Networks — The stock jumped…

It’s easy to feel either elated or deflated when using outside metrics to compare where you are in your financial life with where you “should” be for your age. This can be especially true when it comes to savings in the United States. That’s because workers rarely get pensions anymore…

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While many celebrate Bitcoin (BTC)’s plethora of new applications related to its new “Ordinals” protocol, developers maintaining the network’s source code are in disarray on the matter. Critics claim that new types of transactions beyond simple Bitcoin transactions are clogging the blockchain for those trying to use it for its intended…