In good times and bad, pop music has always been a reflection of the world around us. Despite the current economic expansion and low unemployment rates, recent hits in the music industry portray a different picture. Artists like Taylor Swift and Beyoncé have been tapping into the feelings of frustration and financial vulnerability that are
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As former President Donald Trump secures the Republican presidential nomination, both political parties are eyeing Project 2025, a multi-pronged policy plan created by conservative think tank The Heritage Foundation as a collective effort with more than 100 other right-leaning organizations. If enacted, the plan could overhaul the U.S. income tax system and revamp the IRS,
The Consumer Financial Protection Bureau (CFPB) has recently targeted so-called paycheck advance programs, also known as earned wage access, which have become increasingly popular among workers in recent years. These programs allow individuals to access their paychecks before the designated payday, often levying a fee for this service. The CFPB’s proposed interpretive rule suggests that
Recently, a federal appeals court issued an order temporarily halting the implementation of President Biden’s new student loan repayment plan known as SAVE. The Department of Education has acknowledged the ruling and is currently assessing its impacts. They have assured borrowers that they will be in direct communication with any individuals affected by this decision.
It is no secret that Social Security is facing a financial crisis that requires urgent attention. The combined trust funds are projected to run dry by 2035, leaving only 83% of benefits payable. However, the fund supporting retirement benefits is expected to deplete even sooner, by 2033, with only 79% of benefits being payable. President
In recent years, there has been a concerning trend in workplace engagement as more and more employees are becoming disengaged from their work and workplace. According to a 2023 Gallup poll, only one-third of full- and part-time employees are engaged, while approximately 50% are not engaged, and the remaining 16% are actively disengaged. This shift
In an effort to enhance online services for its users, the Social Security Administration is implementing updates to its online platforms. If you are a current user of the online “my Social Security” account and registered before September 18, 2021, it is crucial that you log in to ensure seamless access to your account. These
With the current real estate market trends, many renters are considering the concept of “rentvesting”, where they continue to rent their primary residence while investing in a property elsewhere. While this may seem like a lucrative opportunity to get a foot in the property market, there are several factors to consider before diving into the
The Biden administration has faced numerous legal challenges in its efforts towards student loan forgiveness. Despite its attempts to provide relief to borrowers, these initiatives have been met with opposition and obstacles. The Supreme Court’s rejection of Biden’s initial broad forgiveness proposal last summer set the tone for the challenges to come. Furthermore, the administration’s
Deflation, the decrease in the general price level of goods and services, has been a prominent trend in the U.S. economy, especially in the past year. Unlike inflation, which measures the increase in prices, deflation can have both positive and negative impacts on the economy. Economists have observed a significant decline in prices for various