Despite initial fears of a recession, U.S. banks are experiencing a remarkable financial boom, with profits soaring and consumer spending remaining strong. Explore how market dynamics are shifting in favor of financial firms.
A prominent economist warns that the U.S. is on a dangerous financial path as debt costs rise and economic growth stalls. With soaring student loan delinquency rates and increased government spending, the nation faces a looming crisis.
FICO is set to include buy now, pay later loans in credit scores, impacting how lenders assess creditworthiness. This change reflects a rising trend in consumer finance, but could it help or hurt your score?
Congress has passed a sweeping bill that overhauls student loan repayment options, replacing existing plans with less favorable terms. Critics warn these changes could worsen financial insecurity for millions of borrowers.
The public feud between Elon Musk and Donald Trump highlights the significant control the US government has over Musk's companies, raising concerns among investors. Cathie Wood of Ark Invest shares insights on how this conflict may impact Tesla and its relationships.
The U.S. Senate is set to debate President Trump's ambitious budget bill, which includes significant cuts to Medicaid and tax breaks for clean energy. Will it pass despite Republican opposition? Insights from strategist Ron Bonjean reveal the intense pressure on lawmakers.
As inflation and interest rates soar, many Americans are struggling to manage their finances. With rising debt loads and increasing defaults, the economic outlook is grim for households. Discover how these factors are affecting consumers and their spending habits.
Wall Street warns that the U.S. Department of Education's resumption of student loan collections could dramatically impact low-income Americans, potentially cutting billions from disposable income monthly. Experts predict a significant strain on consumer finances amid rising costs and economic pressures.
Today, the Supreme Court hears arguments on Trump's executive order challenging birthright citizenship. Meanwhile, the administration's controversial policies on Syria and student loans are stirring debate.
Millions of defaulted federal student loan borrowers are facing imminent collections actions including wage garnishment and tax refund seizure. Learn how to protect your earnings and options available for borrowers.
