Biden forgives $4.28 billion in student debt for 54,900 borrowers
The Biden administration announced on Friday that it would forgive another $4.28 billion in student loan debt for 54,900 borrowers who work in public service.
The Biden administration announced on Friday that it would forgive another $4.28 billion in student loan debt for 54,900 borrowers who work in public service.
Berkshire Hathaway bought over $560 million worth of stocks over the last three sessions.
The average 401(k) savings rate is trending higher, according to a new survey from Plan Sponsor Council of America. Here's how it compares to target benchmarks.
6 in 10 U.S. households purchased plant-based foods in 2023[1], and alternative proteins are breaking through as an industry for private market investors to keep an eye on. With the growth of alternative proteins industry segmented into plant-based proteins and … Continue reading
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Competition | Dec 19, 2024 How the UK's Banking Competition Remedies Program (BCR) Boosted Fintech Growth What happens when a government takes bold action to increase competition in its banking sector? The UK’s Banking Competition Remedies program offers a fascinating case study. Both the UK and Canada face similar challenges with highly concentrated banking sectors
The number of millennials with more than $1 million in their 401(k)s has quadrupled from one year ago, according to the latest data from Fidelity Investments.
The Senate may soon consider a bill that would increase Social Security benefits for individuals who also receive public pensions.
Regulation | Dec 20, 2024 Are Restricted Dealer Crypto Platforms Doing Enough to Protect Investors? The OSC Weights In The Ontario Securities Commission (OSC) recently conducted a compliance review of 6 restricted dealers operating crypto asset trading platforms (CTPs) in Ontario, and published a summary of their findings, "Staff Notice 33-757" (see press release). The
The average 30-year fixed rate mortgage spiked after the Federal Reserve cut rates. Experts say expectations for rate cuts in 2025 fueled the jump.
Some shoppers prefer retail store credit cards over buy now, pay later loans. Either way, here's what you need to consider.
Consumer-Driven Finance | Dec 18, 2024 Open Banking Delayed to 2026, Leaving Canada Behind While Favouring Banks If you haven't realized it, Canada likes to delay the rollout of national projects (i.e, Trans mountain pipeline, national housing strategy, Phoenix pay system, high speed rail projects etc), and while it was painfully anticipated, the Canadian government
When it comes to credit card rewards, cardholders often leave money on the table. Now the CFPB is taking a closer look at these programs.
A "faulty" transfer of student loan accounts from NelNet to Mohela led to "millions of consumer credit reporting errors," lawmakers say in a new letter.
OpenAI | Dec 19, 2024 OpenAI Makes Headlines with Employee Stock Sales, AI Updates, and Musk Lawsuit It's been a whirlwind for OpenAI, capturing the tech world's attention with all kinds of developments from a private stock sale that will turn hundreds of employees into millionaires to a high profile lawsuit and exciting product launches.
As the Senate wraps up its final legislative days for the year, it is expected to vote on a bill affecting Social Security benefits for about 3 million people.