President Joe Biden announces the cancellation of an additional $1.2 billion in student loan debt for about 153,000 borrowers, at meeting with community at Culver City Julian Dixon Library in Culver City, CA. Irfan Khan | Los Angeles Times | Getty Images The White House is talking up its actions to reduce the expenses burdening
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Peopleimages | Istock | Getty Images High inflation has prompted higher Social Security cost-of-living adjustments. But as the rate of price growth subsides, the annual increases for Social Security may fall in 2025 and beyond, predicts Mary Johnson, Social Security and Medicare policy analyst at The Senior Citizens League, a nonpartisan senior group. In 2024,
Portra | E+ | Getty Images Spring is almost here — and people looking for a new rental face a competitive market. Asking rent prices in the U.S. jumped to $1,959 in February, according to Zillow Group’s latest Rental Market Report. That’s up just 0.4% from the month prior, but a 3.5% increase from a
In this article COST WPM-CA Follow your favorite stocksCREATE FREE ACCOUNT Fg Trade | E+ | Getty Images Among the cans of tuna and flashlights in doomsday preppers‘ closets, there is an increasingly popular staple — gold bars. The recent rise in value of the yellow metal is not just another chapter of favorable economic
Margot Robbie as Barbie in a movie from Mattel and Warner Bros. Mattel | Warner Bros. In the “Barbie” movie, the narrator says, “Barbie has a great day every day.” It might be because she gets to be what her heart desires. The film’s Barbies participate in a wide range of roles and professions, from
For decades, research showed that earning a degree is almost always worthwhile. Recent college graduates working full-time earn $24,000 more a year than those with just a high school diploma, according to newly released data from the Federal Reserve Bank of New York. Additionally, finishing college puts workers on track to earn a median of $2.8 million over
In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT Skynesher | E+ | Getty Images Factors beyond high mortgage rates are affecting housing affordability for many Americans, according to experts. Almost four years ago, a household earning $59,000 annually could afford a new mortgage without spending more than 30% of their monthly income and
A customer shops for food at a grocery store in San Rafael, California, March 12, 2024. Justin Sullivan | Getty Images News | Getty Images The U.S. is still grappling with higher inflation, government data released this week shows. But there are some bright spots for consumers. Inflation is lower than its 2022 peak. And
Overwhelming evidence suggests social media has a negative impact on self-esteem. That’s not only true for how people feel about their appearance and social status but also their financial wellbeing and economic standing. A new term, “money dysmorphia,” aims to describe the distorted view of their finances that nearly one-third, or 29%, of Americans say
Shoppers are seen in a Kroger supermarket in Atlanta on Oct. 14, 2022. Elijah Nouvelage | AFP | Getty Images Consumers continued to contend with higher inflation in February, according to new government data. The consumer price index — an inflation measure that tracks changes in the prices of consumer goods and services over time
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