Berk Ucak | Istock | Getty Images When federal student loan bills restart in September, millions of borrowers could be making their payments to a company they’ve never heard of. During the pause of more than three years on payments, several of the lenders that managed the debt for the government stopped doing so. Those
Personal finance
In this article LEVI BLK Follow your favorite stocksCREATE FREE ACCOUNT Levi’s has run a worker savings program since 2015 but in recent years has participated in BlackRock’s initiative. Pictured, a Levi’s display at a Kohl’s in San Rafael, California. Justin Sullivan | Getty Images When new employees get hired at the Levi’s store in
Yuliya Taba | E+ | Getty Images The Consumer Financial Protection Bureau is warning that roughly 1 in 5 student loan borrowers have financial risk factors that could cause them to struggle when their payments resume in the fall. The bipartisan agreement to raise the federal debt ceiling signed into law earlier this month by
From self-service fast-food restaurant kiosks to smartphone delivery apps, there are more opportunities to tip for a wider range of services than ever before. But between the high cost of living and uncertain economy, cash-strapped consumers are starting to tip less — and resent tipping prompts even more. related investing news Markets are making a bet that inflation
Simpleimages | Moment | Getty Images Millionaires moved money out of stocks into cash and cash-like investments in the past year and may add to those allocations over the next 12 months, according to a new CNBC Millionaire Survey. But the average investor may not be wise to mirror the millionaires. Much would depend on
The U.S. Supreme Court. Douglas Rissing | Istock | Getty Images Student loan borrowers anxious to know whether or not they’ll get their debt forgiven will likely get their answer within weeks. The Supreme Court heard oral arguments at the end of February for two of the legal challenges brought against President Joe Biden’s plan
zimmytws | iStock | Getty Images Last November’s midterm elections were expected to bring a so-called “red wave” of wins for Republican candidates. But ultimately, voters gave Democrats an edge in some of the most competitive congressional districts. One deciding factor was candidates’ messages around Social Security and Medicare, which helped sway voters, particularly those
When it comes to buying a home now, there are plenty of challenges. But homeownership can be a great way to build wealth and to maintain housing stability, said Kamila Elliott, a certified financial planner and co-founder and CEO of Collective Wealth Partners, a boutique advisory firm in Atlanta. Achieving that goal now can be challenging, with
Fatcamera | E+ | Getty Images Cryptocurrency is the most prevalent investment held by Gen Z investors, a trend likely fueled by the cohort growing up during an age marked by technological change, social media and easier access to investing, according to a new joint report from the CFA Institute and Financial Industry Regulatory Authority’s
In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Tomml | E+ | Getty Images A new deal to lift the nation’s debt ceiling includes fresh work reporting requirements for 50-something adults who receive Supplemental Nutrition Assistance Program, or SNAP, benefits. The change could result in almost 750,000 adults ages 50 to 54 losing
Douglas Rissing | Istock | Getty Images After a more than three-year reprieve, federal student loan bills will restart within months. In the agreement to raise the debt ceiling, which President Joe Biden signed into law last week, there is a provision that officially terminates the pause on federal student loan payments and potentially makes
fstop123 | E+ | Getty Images LAS VEGAS — College is a major expense for many families, but a payment strategy can provide significant tax savings, according to a college funding expert. “Distribution planning is not just for retirement,” said certified financial planner Ross Riskin, chief learning officer for the Investments & Wealth Institute. Families
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