Low-Income Borrowers Face Loan Delinquency as Prices Rise
According to current data and bank executives, U.S. borrowers with lower incomes are finding it more and more difficult to make their loan payments. As a result, banks are becoming more cautious when granting credit cards and auto loans.
Apr 23, 2024 04:45 AM EDT
Another Retailer Bites the Dust: How Express's Struggles Reflect the Changing Retail World
Express Inc. has filed for Chapter 11 bankruptcy protection. Once a trailblazer in casual workplace wear, the company has struggled to compete with retailers like Zara and H&M.
Biden's Renewed Effort for Tuition-Free Community College Could Transform Personal Finances
President Joe Biden indicated that he was still hopeful about making some college education free when he disclosed the specifics of his Plan B for student loan forgiveness.
Fewer Self-Checkouts at Walmart: Could This Mean More Cashiers and Lower Prices?
Walmart is getting rid of the self-service lanes at a store in Missouri, joining the ranks of businesses reevaluating self-checkout.
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What Are Crypto ETFs? A Beginner's Guide
So why would a crypto ETF matter? If an ETF is a basket of securities yet the Bitcoin ETF only has Bitcoin, why not just buy Bitcoin?
Feb 23, 2024 03:17 PM EST
Revised FAFSA Glitches Cause Financial Aid Hang-Up
This year, the anxiety that many students have about receiving the necessary financial help to attend their first-choice college is dampening their pleasure over getting admitted.
Feb 23, 2024 11:10 AM EST
Investors Brace for Wait: Fed's Waller Dampens Rate Cut Hopes
Christopher Waller, the governor of the Federal Reserve, stated on Thursday that before he is ready to back interest rate reductions, he will need to see more proof that inflation is down.
Feb 23, 2024 10:14 AM EST
Cooling Inflation, Rising Rates: Are High-Yield Savings Accounts Still Your Best Bet?
The recent years have not been the best for interest rate environments. The greatest inflation rate in decades, coupled with high interest rates intended to control it, has caused Americans to feel the pinch of the economy almost everywhere-from their mortgage payments to their food bills.
Feb 23, 2024 06:07 AM EST
Reddit's IPO Filing Shows Growth, But Questions Remain
Reddit made public its initial public offering (IPO) filing on Thursday, one day before its much-awaited scheduled March stock market debut in the United States. The social network firm said that its net loss decreased to $90.8 million and revenue growth was around 21% in 2023.
Feb 23, 2024 12:19 AM EST
Why Bidenomics is a Complete Failure
The numbers don't lie, and they paint a picture of an economy floundering under the weight of misguided decisions.
Feb 22, 2024 12:33 PM EST
Bitcoin to 100K: Why 2024 Might Be The Year
Analysts at Blockware Solutions suggest that the 2024 Bitcoin halving could take the asset over the moon.
Feb 22, 2024 12:19 PM EST
New Data: How Many Credit Cards Should You Own?
Ask yourself, can you keep track of due dates, credit limits, and rewards programs? If you're nodding, great! If not, it might be time to rethink your plastic portfolio.
Feb 22, 2024 10:50 AM EST
Can These 3 Stocks Weather the US-China Trade War?
The U.S. and China have a complex economic relationship that is both codependent and competitive.
Feb 22, 2024 09:33 AM EST
Biden Administration Delivers Major Student Loan Forgiveness
On Wednesday, the Biden administration announced that it will automatically forgive 153,000 debtors' $1.2 billion in student loan debt.
Feb 22, 2024 06:53 AM EST
Is Ukraine hunting Russia's blood gold traffickers in Africa?
Why the time for Ukraine to mirror late Israeli Prime Minister Golda Meir's independent covert action teams in its existential fight against Russia is now. Part 1 of a 3-part series.
Feb 26, 2024 11:55 AM EST
Investors Flock to Nvidia as AI Dominates Company Projections
With its shares up 10% after hours, Nvidia predicted an almost threefold increase in quarterly revenue on Wednesday, comfortably above predictions as the firm cashed in on the enormous demand for its market-leading artificial intelligence processors.
Feb 22, 2024 10:01 AM EST