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Two Democratic senators, along with a former Democratic colleague, voted with Republicans to repeal President Joe Biden’s sweeping student loan forgiveness plan. Although Democrats control the Senate, the three defections allowed the GOP-led repeal effort to pass. The measure now heads to President Biden, who has promised to veto it.…
The student loan pause is actually, definitively coming to an end after over three years. President Joe Biden is soon expected to sign the debt ceiling bill approved by the House and Senate earlier this week. The compromise measure would preserve Biden’s signature student loan forgiveness plan, but would codify…
It’s sometimes thought that financial success comes down to luck. A person launches a business and hits it big coming out of the starting gate. Maybe that does happen – occasionally – but it’s not typical. One of the best ways to prove the point is by following up with…
A small group of technology stocks may be powering the stock market higher, but investors have continued fleeing equity funds in the first five months of 2023 in favor of fixed-income alternatives, according to LSEG Lipper data. An estimated $114.3 billion was pulled from conventional equity funds this year through…
Every year it’s the same sad story: Social Security’s Trust Fund is running out of money. Spoiler alert: It doesn’t have to be that way if Congress stops kicking the can down the road. What’s missing is the raft of remedies Congress can take now to avoid problems in the…
More than ever, mortgage borrowers are looking for ways to manage the amount of interest they pay. The Federal Reserve has raised the short-term fed funds rate resulting in average mortgage rates to more than double since 2021. In the search for interest relief, borrowers are increasingly looking at their…
A tangible revenue goal that is meaningful to you will help you scale your side hustle without overworking. Here’s the one that worked for me. I started my first business, a retail fashion company, seven years ago while working at a full-time job and going to graduate school on nights…
The iPhone’s pioneering digital assistant, Siri, developed by Stanford University research offshoot SRI International and acquired by Apple in 2010, will no longer require its signature salutation to be summoned to action, it was learned Monday at Apple’s AAPL, -0.76% annual developers conference WWDC in Cupertino, Calif. Instead, according to…
The remote-work revolution gained unprecedented momentum at the start of the COVID-19 pandemic three-plus years ago, and now many companies are eager to bring their workers back to the office. The problem is that the employees often don’t want to come back. Employees — especially younger workers — appear to…
White House press secretary Karine Jean-Pierre on Monday called for all sides to reach a resolution, when she was asked if the Biden administration might intervene in contract talks between union dockworkers at West Coast ports and their employers. “What we see as the best way to move forward is…