Enrolment for the Biden administration’s fresh repayment scheme for federal student loans is now open to borrowers. Many students’ bills are anticipated to significantly…
On Monday, mortgage rates surged due to an increase in bond yields, driven by investor worries about prolonged high rates and inflation. Within the…
Over 800,000 students who joined income-driven repayment plans and paid for 20 years begin getting student loan relief of $39 billion from the US…
According to renowned Wall Street critic Jeremy Grantham, increasing interest rates, gradually exerting their impact, will ultimately harm the economy, contradicting the Federal Reserve’s…
US mortgage rates jumped to the highest level in more than 20 years. Freddie Mac reported a rise in the average 30-year fixed loan…
Former Fed governor Randall Kroszner warns against dismissing more interest rate increases. He advised all to anticipate further interest rate hikes. Kroszner, currently a…
The Bureau of Economic Analysis reports that the US economy grew by 2% in the first quarter. The revised figure is higher than the…
The new Medicaid changes which were designed to narrow down the health coverage disparity in the US have unfortunately overlooked certain Americans, especially people…
The end of the pandemic-era pause to student loan payments and interest approaches. However, the type of loan, subsidized or unsubsidized, may significantly impact…
US stock futures saw an uptick, while Treasury bond prices declined following a weekend agreement to avert a US government shutdown. Market participants eagerly…
On Monday, UBS, a Swiss bank, announced that it has officially completed the acquisition of its rival, Credit Suisse. Sergio Ermotti, the newly-returned CEO…
The European Central Bank revealed a recent rise in interest rates by 0.25 percentage points, raising its primary rate to 3.75%. The euro zone…
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