The economic climate is tough, and many Americans are feeling the pinch. One clear sign of this is the increasing use of buy now, pay later (BNPL) loans for everyday purchases, like groceries. This trend is on the rise, with more people turning to these loans to cover essentials. A recent survey she
The stock market's recent upswing is losing momentum. Friday's trading saw a mix of gains and losses, wrapping up a week of volatility. The S&P 500 dipped slightly, with nearly three-quarters of its stocks falling. The Dow Jones Industrial Average dropped by 237 points, or 0. 6%, while the Nasdaq
Political leaders often find that their bold plans hit a snag when they clash with market realities. The stock market and bond yields have proven to be powerful influences, shaping the decisions of key figures in recent times. The market's influence is evident in the shifts seen in economic policie
The U. S. economy is a hot topic right now, and many people are feeling uncertain. A recent survey shows that a lot of Americans are worried about the economy and the impact of tariffs. About half of the people think that these tariffs will make prices go up a lot. Another 30% think prices will rise
The housing market is facing a tough start to the spring season. The reason is a mix of higher mortgage rates and worries about the economy. This has led to a slowdown in home sales. In March, sales of previously owned homes dropped by 5. 9% compared to February. This brings the annualized rate
The Education Department is set to resume collection efforts on defaulted student loans starting next month. This move affects about 5. 3 million borrowers who have fallen behind on their federal student loans. These individuals may soon face wage garnishment, tax refund seizures, and reductions in
Gold has seen some wild swings lately. It hit a new high of $3, 500 an ounce. This is a big jump. It was a short-lived triumph, though. Prices dropped by up to 1. 5% during US trading hours. This happened after a nearly 10% increase this month. Traders were taking profits. It was a smart move,
The aerospace industry is bracing for a financial storm. Two major players, RTX and GE Aerospace, are expecting a significant financial blow due to tariffs on imported goods and materials. This is not just about numbers; it's about the ripple effect on the global supply chain and the prices consumer
The U. S. Department of Education has announced that it will restart collecting on defaulted student loans starting May 5. This decision affects millions of borrowers who have not made a payment in over a year. In total, over 5 million borrowers are currently in default, and this number is expecte
The US economy is under pressure. Investors started the week with a bang, but not the good kind. Stocks, bonds, and the US dollar all took a hit. Why? It all started with a social media post. President Trump took a shot at Federal Reserve Chair Jerome Powell. He called Powell a "major loser" f
