Russia’s economy has irreversibly turned toward a ‘stagnation trap,’ think tank says
By the numbers, neither Western sanctions nor the costs of three years of war in Ukraine have chipped at…
Biden is withdrawing his broader student-loan forgiveness plans that were set to cancel debt for over 38 million borrowers
President Joe Biden withdrew his plan for broader student-loan forgiveness. President Joe Biden’s administration has officially scrapped its unfinished…
Why Trump is pushing hard to defuse the debt ceiling now and what it would mean for America
President-elect Donald Trump called on Congress to raise or eliminate the debt ceiling. The debt ceiling is the unexpected…
Stock market today: Dow soars 498 points as stocks bounce back from Fed-fueled plunge
US stocks surged on Friday, recovering some of the week’s losses sparked by a hawkish Federal Reserve. The Dow…
How younger Americans can avoid the most common regrets we heard from over 3,300 older Americans
Seven financial planners, wealth managers, and personal-finance writers offered advice to younger people on preparing for retirement. For many…
54,900 student-loan borrowers are getting $4.28 billion in debt wiped out a month before Trump takes office
President Joe Biden announced student-debt cancellation for borrowers in Public Service Loan Forgiveness. President Joe Biden announced more student-loan…
Trump tells the European Union to make a ‘large scale’ purchase of US oil and gas or face tariffs
President-elect Donald Trump has called for the EU to balance its trade surplus with the US. US President-elect Donald…
The Fed is the only thing standing between investors and a full-blown stock bubble, UBS says
A laid back US central bank is the missing ingredient for a stock market bubble, according to analysts at…
Musk’s DOGE is pushing the US toward a government shutdown this week. Here’s what that means for Americans.
The US is once again on the brink of a government shutdown following intense pressure from President-elect Donald Trump…
The Fed cut interest rates again, but one key number shows why borrowers could still have a tough time in 2025
The most important rate for US borrowers is moving higher, not lower, after the Federal Reserve’s third rate cut…