Finance
Wage Garnishment Returns for Student Loan Borrowers in Default
The U.S. Department of Education confirmed that the Trump administration will begin garnishing the wages of federal student loan borrowers in default early in January....
Life After the Penny and the Case for a New Dollar Coin
Earlier this year, the U.S. Mint stopped producing pennies, marking the end of a coin that had been part of American life for more than...
From Checkbooks to Apps, the Digital Shift Ending Check Era
Checks played a central role in how Americans handled money for much of the 20th century. At their peak in the mid-1990s, the U.S. Federal...
The Economic Impact of U.S. Tariffs and the Role of AI Investment in Recovery
If you had to sum up how tariffs affected the U.S. economy this year, it would go something like this: they made things more expensive,...
The Emerging Exodus from Big Private Equity Firms
The private equity industry in the U.S. is currently facing a notable trend where employees are increasingly leaving larger firms for smaller ones, driven largely...
Retirement Savings Reach New Heights Despite Economic Uncertainty
Retirement account balances in the United States have reached new record levels in the third quarter of 2025, driven largely by a stronger stock market,...
The Federal Reserve’s New Guidelines for Bank Supervision Spark Mixed Reactions
The Federal Reserve recently issued new principles for bank supervision, marking a shift in focus from broad regulatory scrutiny to targeted oversight of material financial...
Mortgage Rates Edge Higher as Loan Sizes Shrink and Buyer Demand Dips
Mortgage rates for 30-year fixed loans in the U.S. have climbed to an average of 6.37% this last week, up slightly from 6.34% the previous...
How Rising Energy Costs Are Pushing U.S. Households Toward Financial Crisis
Millions of U.S. households are currently facing a growing financial burden from utility bills they simply cannot catch up on. According to a report from...
The End of the Penny and What Comes Next for U.S. Currency
The penny, a coin with a 238-year history in the United States, officially had its last batch minted yesterday at the U.S. Mint in Philadelphia....
