The department of education on Thursday announced temporary changes to a federal loan forgiveness program for public service workers. We take an in-depth look at the changes and the future of student loan debt in America.
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RETIREMENT WEEKLY It’s almost unheard of for the U.S. Senate to pass anything these days, much less to do so unanimously. But earlier this month they unanimously passed a resolution honoring National Retirement Security Week, which is the third week of every October.
The Biden administration is working to get $700 million to workers in hard-hit industries.
Currently, everyone has a lifetime exemption of $11.7 million that they can gift tax-free. Here’s one of my favorite strategies: Everyone can give up to $15,000 tax-free to anyone under the current (2021) annual gift tax exclusion. This means that a married couple can give their kids, grandkids, and any other individual $30,000 a year ($15,000 per person) completely tax-free.
- Business Insider
15 million student-loan borrowers would be completely debt-free if Biden fulfilled his campaign promise
Going even further, under Sen. Elizabeth Warren's proposal to cancel $50,000, 36 million borrowers would have their debts completely wiped out.
Scott Minerd, global chief investment officer for financial firm Guggenheim, predicts that the stock market could drop 15% by November, according to a report by Business Insider. He blames the...
Homeownership is far from the only path to happiness and financial security.
An 'offensive' high school teacher caught on video wearing a fake Native American headdress and waving air tomahawks has gone on leave
A Native American student in the class began filming when he saw the teacher pull out a fake feather headdress.
Stimulus Alert: Manchin Wants Child Tax Credit Earnings Limit at $60K — Is It a Realistic Threshold?
Among cuts to President Joe Biden's "Build Back Better" reconciliation plan is the enhanced monthly child tax credit. Right now, it looks like the CTC will only be extended for another year, instead...
The pandemic put only a temporary damper on the housing market, as the market has rebounded robustly, hotter than ever. The median home price in August 2021 was $356,700, up 14.9% from August 2020,...
- Business Insider
Mark Cuban compares the crypto boom to the dot-com bubble, defends Robinhood, and calls for stablecoin regulation in a new interview. Here are the 10 best quotes.
The "Shark Tank" star and billionaire owner of the Dallas Mavericks celebrated how crypto has encouraged millions of young people to invest.
- Motley Fool
Retiring with a million dollars is a good goal. A larger or smaller sum might work well for you, but for many, if not most, of us, a million dollars will go far. If you apply the flawed-but-still-useful 4% rule to it, withdraw 4% of that million dollars in your first year of retirement, and adjust the withdrawal for inflation in each successive year, the money stands a good chance of supporting you for several decades.
- Washington Examiner
A Catholic college is investigating allegations of male students engaging in a sex competition.
This week’s news that Digital World Acquisition (NASDAQ: DWAC) was merging with Trump Media & Technology Group caught many people by surprise — not the least being those who’ve tracked former President Donald Trump’s highs and lows in the private sector. The notion of having Trump Media & Technology Group on the Nasdaq is particularly intriguing when one considers Trump’s lone attempt to run a publicly listed company. What Happened: On Jun 7, 1995, the real estate mogul’s Trump Hotels & Casino R
David Tepper shuns stock market: ‘Sometimes there’s times to make money … sometimes there’s times not to lose money’
David Tepper, billionaire investor and one of the world’s top hedge-fund managers, isn't a fan of the stock market, right now.
The Central Bank of Nigeria (CBN) will launch its digital currency, the eNaira, on Monday, Bloomberg reported. The eNaira, which is intended to complement the physical Naira rather than replace it, will “make financial transactions easier and seamless for every strata of the society,” the CBN said in emailed statement on Saturday, according to the report. The launch had originally been set for Oct. 1 to Oct. 4 but was delayed in deference to the 61st anniversary of Nigerian independence on Oct. 1.
- Motley Fool
Adding shares to your portfolio in fast-growing businesses is an exciting way to play the stock market. Witnessing these companies boost their revenue and earnings as they steal market share and gain customers in their industries is rewarding for any investor to see. Continue reading to learn why Capri Holdings (NYSE: CPRI), Crocs (NASDAQ: CROX), and Petco (NASDAQ: WOOF) are all solid growth stocks you should consider buying.
"I'm disheartened to know that this day will live with my daughter forever," Tamara Taylor said of the incident
- Motley Fool
Pinterest (NYSE: PINS) shares popped Wednesday on news that the company is in talks with fintech giant PayPal (NASDAQ: PYPL) to be acquired for $70 a share. PayPal's purported offer price, according to the story first reported in Bloomberg, represented a 26% premium to where it closed on Tuesday. This isn't the first time Pinterest has been pursued by a tech giant.
Baby boomers have been in the midst of a retirement boom for more than a decade, but the pandemic has accelerated it, adding new hazards.
- Insider Monkey
In this article, we discuss the 10 high-yield dividend stocks to buy according to Ken Fisher. If you want to skip our detailed analysis of these stocks, go directly to the 5 High-Yield Dividend Stocks to Buy According to Ken Fisher. Ken Fisher is the chief of Fisher Asset Management, a Washington-based hedge fund with […]