News
27,000 Americans to be refunded for student loan forgiveness scams
Desperate student loan borrowers are falling victim to scams that promise to lower their monthly payments once they graduate
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Federal debt will nearly double by 2033—here's what it means for you
Can a country that’s been binding on deficits for the past two decades get back to fiscal prudence?
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2 million kids lost Medicaid coverage this year due to expiring pandemic policies, paperwork issues
Some children might still be eligible, but they’re falling through the cracks
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First-time buyers out of luck as home prices keep rising
Rising home prices offer little reprieve to first-time buyers struggling to enter the market
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The surprising reason more people are selling their homes
Remote workers are out of luck as work-from-home is no longer viable
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Americans will outlive their retirement money, warns BlackRock CEO
The head of the $9 trillion asset manager thinks the government and private sector need to do more to help Americans avoid abject poverty in their golden years
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Americans are ‘dreading the holidays’—1 in 3 go into debt to pay for holiday shopping
Going deeper into debt during the holidays is a reality many Americans face, as the cost of living continues to go up
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'Buy now, pay later' has become gateway drug into debt, according to Fed study
Lower income households are increasingly turning to BNPL loans just to make ends meet
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Warren Buffett accrued 99% of his wealth after age 50—here’s why
Warren Buffett wasn’t always a billionaire. In fact, he didn’t even achieve this title until his 50s.
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Fed boss: CRE loan losses will trigger ‘bank failures’
The central bank has its finger on the pulse of the CRE market and believes that bad loans can topple regional banks in the near future
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Billionaire Howard Marks shares 5 ‘market cues’ that guided his most successful investments
Did you know that Marks made only five call over his 50-year career?
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Biden is fast-tracking his student loan forgiveness plan
6.9 million borrowers will get their debt discharged as soon as next month
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Don’t expect lower interest rates this year, economists warn
Debt-saddled Americans may have to wait a lot longer before the Fed gives them what they want
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Next credit card epidemic? ‘Buy now, pay later’ becomes unregulated gateway drug into debt addiction
While BNPL can be useful convenience for one shopper, for many others it’s a gateway into more, possibly unaffordable, debt
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Average credit card balances spike 25%, but that’s not the worst part
Americans are continuing to kick the credit can down the road as they accumulate more debt and contribute less to paying down the principal.
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U.S. in ‘biggest housing bubble of all-time,’ housing expert says
On an inflation-adjusted basis, home prices are nearly 100% higher than the long-term average
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‘It's the economy, stupid’—The real reason so many young adults are living with their parents
25% of Millennials and Gen Zers who rent their own place are thinking about moving back in with their parents
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Existing home sales on track for their worst year since 1992
Barring any miracle rebound in November and December, home resales are on track for their worst year in more than three decades
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1 in 10 credit card accounts is in ‘persistent debt’
More Americans are struggling to pay down credit card interest as issuers report massive profits
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This rally may be a repeat of 2008’s ‘Bull Trap,’ says Bank of America
The stock market resembles a textbook bull trap that led to the dot-com crash and to 2008, says Bank of America
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