The ongoing problems with the new Free Application for Federal Student Aid have caused significant delays in the disbursement of financial aid award letters for prospective college students. As a result, many high school seniors and their families are facing challenges in applying for financial aid. The National College Attainment Network reported that only 45%
The recent surge in inflation has not only affected the overall economy but has also had a significant impact on retirees and near-retirees. According to a recent survey conducted by Prudential Financial, a large number of individuals in the 55 to 75 age group are reconsidering their retirement plans due to the current state of
Ferrari, the iconic luxury automaker known for its roaring combustion engines, is making a bold move towards an all-electric model. While the electric Ferrari won’t be available for over a year, early tests indicate that it embodies the driving traits and emotion that define a true Ferrari. According to Ferrari CEO Benedetto Vigna, the final
When couples face financial stress, the most effective approach is to engage in open and honest communication. However, according to a study conducted by Cornell University, many couples tend to avoid discussions about money when they are experiencing stress. The research suggests that individuals who are feeling overwhelmed by financial issues are more likely to
The average 401(k) savings rate has been steadily increasing over the years, according to reports from Vanguard and Fidelity. In 2023, the average combined savings rate was estimated at 11.7%, which matched a record high from the previous year. Similarly, a separate Fidelity report indicated a combined rate of 14.2% for the first quarter of
Target, the Minneapolis-based retail giant, has announced a new partnership with Shopify to bring fresh and trendy brands to its online marketplace. This collaboration aims to leverage Shopify’s platform to discover popular products and offer them to Target’s customers through its website. By teaming up with Shopify, Target is looking to diversify its online assortment
The NBC News Home Buyer Index has identified Iroquois County, Illinois as the least difficult market to buy a home in the U.S. when counties are sorted by specific factors. Among the contributing factors, Iroquois County ranked highest in terms of cost-effectiveness or affordability. This indicates that the housing market in this area is more
One of the stocks favored by the Street’s top pros is Delta Air Lines (DAL), America’s second-largest carrier. With an extensive network reaching more than 290 destinations across six continents, Delta is a key player in the airline industry. Analyst Helane Becker recently reiterated a buy rating on DAL after the company’s presentation at the
The latest craze on TikTok is the concept of a “no-spend month,” where users are encouraged to refrain from making any non-essential purchases for a specified period. This trend is seen as a way to detox from overspending and redirect funds towards long-term financial goals. The challenge can last for a week, a month, or
In response to the housing affordability crisis in the United States, there has been a significant increase in the construction of built-for-rent single-family homes, according to the National Association of Home Builders. As mortgage rates rise and buying a home becomes increasingly challenging, renting has emerged as a more viable option for many Americans. This