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More student loan borrowers file bankruptcy to get their debt discharged—here’s why it should always be a last resort
Nearly 7 million borrowers are in default, according to data from the Department of Education
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Americans are requesting credit card limit increases at alarming rates
The average rejection rate for credit card applications is approaching 20%, according to Fed data
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Oil prices crashed 19% from their peaks—here's why
Less than two months ago, analysts were talking about $100 a barrel oil prices; that now seems like a distant reality
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Americans face ‘increased financial stress’ as credit card, auto bills pile up
The Fed says auto loan and credit card delinquencies are on the rise
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Large credit card issuers are gouging Americans, financial watchdog warns
Credit card users can save 8 to 10 percentage points in interest fees by switching to smaller providers
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Corporate bankruptcies hit highest level since aftermath of Great Recession
2024 is shaping up to be the worst year for corporate bankruptcies in over a decade
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Trump advisers are plotting dollar devaluation if he gets elected
Is the U.S. dollar too strong? President Trump’s former advisers seem to think so
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This hidden cost of homeownership just saw its biggest spike in 5 years
Property taxes are surging across America, putting more pressure on existing homeowners and adding another massive expense to potential buyers
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Economists are sounding alarm on 'YOLO' credit bubble
Renowned economist David Rosenberg says 'YOLO spenders' are fueling a massive credit bubble
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The Fed finally gets its wish—Hiring tanks ahead of holidays
Private sector hiring has fallen off the cliff
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Tech companies lay off thousands as their stock prices hit record highs
Stocks of major tech companies have soared to record highs—so why are they laying off thousands of workers?
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Government economists erase 101,000 jobs over 2 months
Aggressive revisions to previous job reports cast doubts about the economy
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Gen Z expected to overtake boomers in workforce next year—here’s what employers need to know
Over 17 million zoomers are participating in the U.S. labor force
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‘Misery index’ approaches lowest level since pre-Covid, but are Americans happy?
When measuring financial well-being using inflation and unemployment, Americans should be more content than they are, experts say
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The upside of recession? Mortgage rates plunge to 15-month lows
Mortgage rates are “moving ahead of the Fed," banking on large rate cuts in September
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JPMorgan: We are in ‘selective recession’ that only affects poorest Americans
JPMorgan sounds the alarm on a deepening divide between the wealthiest and poorest Americans.
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Regional banks sell underwater bonds, betting on Fed rate cuts
Regional banks are taking on billions in losses reshuffling bond portfolios in anticipation of rate cuts
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Homebuyers face record down payments as Fed backs off on rate cuts
Rising home valuations are fueling higher down payment sizes, and lower-tiered homes are getting hit with the brunt of the increase
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The dangerous rise of ‘phantom debt’
The explosion of "buy now, pay later" financing may be an overlooked economic canary in the coal mine
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Harvard economist: Expected interest rate cuts this year are a 'pipe dream'
Anything more than two or three rate cuts by the Fed is wishful thinking, according to Kenneth Rogoff
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