Student Loan Forgiveness Is on Hold for Millions — Will It Go Through?
President Biden's student loan forgiveness plan is on hold as a federal appeals court reviews a lawsuit against it. Can you still apply, and will the loan forgiveness go through?
U.S. Economy & Politics
News about policies and legislation affecting the financial world, from changes to the tax code, economic stimulus packages, and government programs that affect everything from the stock market to personal finance.
Mass Layoffs Are Still Happening — Does This Mean a Recession Is Around the Corner?
Mass layoffs are happening, especially in the tech industry. Are the mass layoffs due to an impending recession or some other beast? Here's what we know.
Inflation Rates Have Reached 40-Year Highs — When Will It Get Better?
Inflation costs have risen dramatically over the past year, with rates reaching 40-year highs. How much has inflation increased prices in 2022?
Wholesale Inflation Is Making Headlines — Here's What It Means for You
What is wholesale inflation, and how does it impact you as a consumer? To understand wholesale inflation's meaning, you have to understand what wholesale means.
You're Not Crazy — If You Live in the South, Inflation Is Worse
In the U.S., inflation is worse in the south. How much worse is it and why is inflation burgeoning below the belt? Here's what we know.
Former Democrat Tulsi Gabbard Has a Modest Net Worth
Tulsi Gabbard represented Hawaii's second district for four terms in the House of Representatives. What is her net worth? Here are details on her career.
Ben Bernanke, Former Fed Chair and Nobel Prize Winner, Has Made Millions
As a former Federal Reserve chairman, Ben Bernanke has claimed credit for averting a deeper financial crisis in 2008. Recently, he won the Nobel Prize. What's his net worth?
Herschel Walker's Son Exposes His Philandering Ways in Twitter Video, Gets Over 3M Views
In a Twitter video posted by Christian Walker, he confirmed his father, Herschel Walker “has four kids, [from] four different women.” He also claimed Walker didn't raise any of them.
Does National Debt Matter? U.S. Reaches an Alarming Milestone
How much does national debt matter? The figure that has risen by trillions over the past several years is at a record high. Here's how national debt can impact you.
Will the U.S. Food Shortage Continue Through the End of 2022?
A lot of things are in short supply right now. Many people wonder if there will be a food shortage in the U.S. in 2022? What can consumers expect?
Student Loan Forgiveness Will Cost Hundreds of Billions of Dollars, Sparking Debate
Student loan forgiveness is coming with a big price tag. Here’s how much the program will cost the U.S. government as well as the average American.
These Military Housing Areas Are Getting Long Overdue Allowance Increases
Military housing allowances will increase for active duty service members in 28 areas of the country in October 2022. How much is the increase?
Labor Shortage or Hiring Shortage? TikToker Eager to Work Can't Find a Job
The validity of a labor shortage has been brought into question by many TikTok creators, including Justin Wells (@advicefromdaddy). They're applying for jobs but aren't getting hired.
Your State Quarters Might Be Worth Big Bucks — Especially With These Rare Markings
Need some extra cash? These state quarters are selling for anywhere between $75 and $788. Find out which state quarters are the most valuable here.
Housing Starts Increased in August – Here's What that Means for the Economy
Housing starts, a measure of new residential construction based on data from the U.S. Census Bureau, increased for August 2022 despite declining building permits.
Ride, Sally Ride! New U.S. Quarters Honor the Pioneering Astronaut
Is the Dr. Sally Ride Quarter worth anything? Learn about the latest addition to the American Women Quarters Program — and its astronaut honoree.
Puerto Rico Pays Taxes, Gets Natural Disaster Relief From U.S.
As an unincorporated U.S. territory, most Puerto Ricans don’t get the right to vote. Does Puerto Rico pay taxes to the U.S. government?
Lindsey Graham Bill Would Ban Abortions After 15 Weeks Nationwide
Senator Lindsey Graham (R-SC) is introducing a bill that would place a national ban on abortions after 15 weeks. Read on for an explanation of the proposed bill and whether he would have enough votes to support it.
Biden’s Cancer Moonshot Initiative Aims to “End Cancer As We Know It”
While serving under Barack Obama as vice president, Biden reportedly began his cancer moonshot initiative and “reignited” it in February 2022. Here's where it stands.
Everything We Know About the Special Master Candidates to Oversee the Mar-a-Lago Investigation
Both the DOJ and Donald Trump's legal team have nominated two special master candidates each to oversee the documents seized by the FBI at Mar-a-Lago. Here's what we know about each of them.
One Lucky eBay User Sold an Erroneous U.S. Quarter for $216
What quarters are worth money? See which varieties of the U.S. coin — minted by the U.S. Mint since 1796 — are worth way more than 25 cents.
Aileen M. Cannon, Judge in Trump Special Master Case, Has Ties to Federalist Society
Aileen M. Cannon, the judge who ordered a special master in the Mar-a-Lago case, joined the conservative Federalist Society years ago. Read more here.
Senator Richard Burr May Have Engaged In Insider Trading, But Wasn’t Charged
Senator Richard Burr of North Carolina wasn't charged, but FBI documents show a suspicious timeline of stock sales prior to the stock crash of spring 2020.
Amid Queen Elizabeth II's Failing Health, What Happens When She Dies?
In the past year, Queen Elizabeth II's health has been declining. What happens when the queen dies? The U.K. government has a plan called "Operation London Bridge."
Trump Appointed the Judge Who Granted His Special Master Request
How many judges did Donald Trump appoint? The judge who granted Trump’s special master request was one of his appointees to the federal judiciary.
Trump’s Request Gets Approved — What Is a Special Master?
Trump's request for a special master to review the materials taken from his Florida residence was granted. What is a special master?
Biden Reportedly Holding an Ambassador Slot Open for Nancy Pelosi if GOP Wins House
Could Nancy Pelosi be eyeing the Italian ambassadorship? It has been open for a while, and some reports infer Biden is keeping the position open for the Speaker in case Democrats lose the House.
Jan. 6 Committee Asks Newt Gingrich to Testify About 2020 Election Claims
What happened to Newt Gingrich? Read about the former speaker’s recent activities — and why the Jan. 6 committee wants his testimony.
Honor Labor Day With These Quotes From Labor Hall of Honor Inductees
Looking for Labor Day weekend quotes? Read words spoken and written by inductees of the U.S. Department of Labor’s Labor Hall of Honor.
Top Labor Day Fun Facts to Learn on This Three-Day Weekend
Read these Labor Day fun facts about the origins, founders, and traditions of the U.S. federal holiday established nearly 130 years ago.
Will Unemployment Rates Rise More and Spark an Official Recession?
The unemployment rate is slowly rising. Will it ramp up enough to spark an official recession? Let's discuss the latest economic outlook.
The U.S. Isn’t the Only Country That Enjoys a 3-Day Labor Day Weekend
The U.S. and Canada observe Labor Day during the first week of September. More than 100 other countries observe the holiday, though they do it in May.
Representative-Elect Mary Peltola Has Modest Net Worth, Wins Special Election
Mary Peltola has defeated Sarah Palin in the special election to serve as the U.S. Representative from Alaska. Her net worth is much lower than Palin's net worth.
What Has Joe Biden Accomplished So Far as the U.S. President?
President Joe Biden has completed over 19 months in the White House. What has Biden accomplished during this period? What else is on his agenda?
Republican Candidates Stoke Controversy With Plans for Social Security
One Republican’s plan for social security involves a yearly renewal decision. Another proposed privatizing the program. Both inspired sharp rebukes.
Inflation Is Slowing Down but Russia Could Be a Spoiler
Inflation is coming down and might fall more in the coming months. However, an escalation in the Russia-Ukraine war and food shortages could play a spoilsport.
Labor Day Quotes for Those Working Hard and Those Hardly Working
Looking for Labor Day captions for Instagram? Don’t labor yourself any further—check out these quotes about working and quotes about not working.
The Great Recession: When It Started and Why It Happened
The Great Recession lasted between December 2007 and June 2009. During that time, nearly 4 million homes fell into foreclosure and about 8 million people became unemployed.
The Big Mac Index Shows How Strong the U.S. Dollar Is Versus Other Currencies
Why is the U.S. dollar so strong? See what experts say, and see what The Big Mac Index reveals about Americans’ purchasing power around the world.
Biden's Policies Are Making the Fed’s Fight Against Inflation Even Tougher
Biden is pursuing an expansive fiscal policy while the Fed is tightening. His policies could be making the Fed's job of taming inflation even tougher.
How Do Interest Rates Affect Employment? Fed Fights to Tame Inflation
When interest rates go up, it can have an negative impact on employment. Increased borrowing costs will likely lead to higher unemployment rates.
These Members of Congress Got PPP Loan Forgiveness, Dissed Student Loan Relief
The Paycheck Protection Program served 13 members of Congress, some of whom dissed student loan relief. Which members of Congress got PPP loan forgiveness?
Jerome Powell to Speak at Jackson Hole Symposium, Could Set Market Tone
Federal Reserve Chairman Jerome Powell, whose remarks may set the tone for markets for the next month, will speak on Aug. 26 at the Jackson Hole Economic Symposium.
Fact Check: Are Student Loans Forgiven After 20 Years?
Many borrowers would jump on the chance to have their loan forgiven. And in some cases, this is possible after 20 years.
Student Loan Forgiveness May or May Not Include Parent PLUS Loans
If Joe Biden announces a $10,000 student loan forgiveness plan, it's unclear whether that will apply to borrowers of Parent PLUS loans.
Who Could Qualify for Student Loan Forgiveness
Joe Biden is expected to announce whether he will use means testing to decide who gets $10,000 of student loan forgiveness.
Senate Race Between Ron Johnson and Mandela Barnes Focuses on Taxes
A recent campaign ad by the conservative Wisconsin Truth Super PAC accuses Mandela Barnes of failing to pay property and income taxes.
Meet Leonard Leo, the Man Who Orchestrates Conservatives’ Movements
Over the years, Leonard Leo has strategically placed himself in positions that strengthen his conservative voice and ability to influence politics.
Goldman Sachs Forecasts an Upswing in Household Income
Goldman Sachs forecasts household income will trend upwards by the end of the year. Will the predictions prove to be accurate? Here's what we know.
Billionaire Lawyer Drew Findling Will Represent Trump in Georgia Election Case
Former President Donald Trump has hired Drew Findling, #BillionDollarLawyer, to represent him in a Georgia election case. What's his net worth?