As the newly inaugurated President Donald Trump prepares to outline his administration’s economic agenda, the myriad complexities surrounding tax reform are set to be front and center in congressional discussions. Lawmakers will be tasked with addressing an array of expiring tax breaks while also attempting to fulfill the promises made during Trump’s campaign. However, the
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The sentiment among older voters has shifted significantly in recent years, particularly in the wake of economic uncertainty. Following the recent election, a notable post-election poll from the AARP indicated that a substantial portion of voters aged 50 and over felt worse off compared to four years prior. This demographic, often referred to as “silver
In recent years, a notable trend has emerged in the United States: the increasing number of young adults aged 18 to 34 residing in their parental homes. According to the U.S. Census Bureau, around one in three individuals in this age bracket is living with parents. This phenomenon gained significant attention during the COVID-19 pandemic
The landscape of holiday travel in America is undergoing a significant transformation. Fueled by the effects of the pandemic, many Americans are redefining their travel experiences by integrating work and leisure. A recent Deloitte survey illustrates that 49% of employed travelers plan to perform work tasks during their holidays, a noticeable increase from 34% just
Every year, the five-day stretch from Thanksgiving to Cyber Monday witnesses a surge in consumer spending, often touted as the busiest shopping period of the year. This year promises to be no exception, with the National Retail Federation projecting a record number of shoppers both in-store and online. However, amidst the chaos and deals, there
In a year where the stock market may have boasted impressive gains, many investors might find themselves grappling with losses in their portfolios. This paradox is not uncommon; however, savvy investors can utilize a strategy known as tax-loss harvesting to mitigate their tax liabilities. Tax-loss harvesting involves the strategic sale of underperforming assets in a
The global economy has faced unprecedented challenges in recent years, particularly due to the impact of the COVID-19 pandemic. As inflation rates have retreated from their staggering highs, a different economic phenomenon has emerged: deflation. Contrary to popular belief, deflation—an overall decrease in prices—has made its presence felt in specific sectors of the U.S. market,
The Free Application for Federal Student Aid (FAFSA) for the academic year 2025-26 is set to launch on or before December 1, marking a significant delay compared to previous years when the application was typically available in October. This postponement arises from a phased rollout initiative aimed at rectifying issues encountered during the 2024-25 FAFSA
The Public Service Loan Forgiveness (PSLF) program has been a significant lifeline for thousands of borrowers who dedicate their careers to serving the community through not-for-profit and government positions. Established in 2007 under President George W. Bush, the initiative was designed to provide relief by canceling the outstanding federal student loans of those who have
The recent fluctuations in the stock market following the 2024 election of President Donald Trump and subsequent interest rate cuts by the Federal Reserve have generated considerable discussion around the state of the economy. While major stock indices—the Dow Jones Industrial Average, S&P 500, and Nasdaq—achieved unprecedented highs and recorded their strongest weekly performance in