The Biden administration is once again making moves to forgive the student loan debt of millions of Americans, following the Supreme Court’s rejection of its initial attempt last year. The U.S. Department of Education is set to reach out to borrowers who may qualify for the broad loan cancellation in the upcoming days. The goal
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The volatility in cryptocurrency prices can be attributed to various factors such as political and economic uncertainty. As investors grapple with interest rate news from the Federal Reserve and policy proposals from Former President Donald Trump, the prices of popular cryptocurrencies like bitcoin and ether fluctuate drastically. Keeping up with these price movements is crucial
The price of bitcoin has been on a rollercoaster ride, hovering around $70,000 and experiencing fluctuations. Despite the recent dip below $67,000, the price is still up more than 50% year-to-date. Factors such as comments from Former President Donald Trump and Federal Reserve meetings have played a role in shaping the volatility of the cryptocurrency
The traditional concept of the 40-hour workweek with a set nine-to-five schedule may be making a comeback in terms of the “corpcore” aesthetic, but in reality, the standard work hours are no longer the norm. Recent research indicates that the typical American workday has shifted to a 10-to-4 timeframe, especially in terms of commuting. The
As the Biden administration’s new income-driven repayment plan, known as SAVE, faces legal challenges, millions of federal student loan borrowers are currently on pause from making any loan payments. The U.S. Department of Education has placed eligible borrowers enrolled in the SAVE plan into administrative forbearance until the legal battle surrounding the program is resolved.
Social Security benefits are a critical source of income for most retirees in the United States. However, recent research from the National Institute on Retirement Security reveals that many Americans do not have a clear understanding of how much they can expect to receive in benefits. According to the research, only 11% of non-retired Americans
The anticipations regarding stock market volatility are peaking throughout the financial market due to the upcoming U.S. presidential election. With the heightened anxiety surrounding the election outcome, many investors find themselves struggling with uncertainties that could potentially impact their financial standing. A survey conducted by the American Psychiatric Association reveals that a significant 73% of
There has been a noticeable downward trend in job seeker confidence in the second quarter of 2024. This decline, which is the lowest it has been in over two years, indicates that workers are increasingly pessimistic about their prospects of securing their desired jobs. According to a quarterly survey by ZipRecruiter, workers are facing challenges
As the job market cools from the rapid growth experienced during the pandemic era, many workers are now facing the prospect of receiving smaller annual raises in 2025. According to a new survey conducted by WTW, a consulting firm, the typical worker is expected to receive a pay raise of 4.1% next year, down from
Despite data pointing towards a strong U.S. economy, a significant portion of the population holds a different belief. A recent survey conducted by Affirm revealed that approximately 60% of Americans think that the country is currently in a recession. This perception is fueled by rising costs and financial difficulties faced by individuals, leading them to