Germany has made a significant change to its financial rules. The country has decided to allow more money to be spent on defense and infrastructure. This is a big deal because Germany has always been careful about borrowing money. The decision came after a vote in the Bundestag, where two-thirds of
Germany is about to shake things up with a huge change in how it spends money. Politicians are planning to break some old rules and create a massive €500 billion fund. This fund will be used to fix up the military and give the economy a boost. The reason? The world is changing fast, and Europe's
Robert F. Kennedy Jr. , nominated by President Trump for the Health and Human Services Secretary role, is facing a mix of debt and income as he awaits confirmation. His financial disclosures show he owes millions, including a significant amount on his American Express card and multiple mortgages. Ho
Politics can be tricky. For Donald Trump, it's even trickier. He's facing resistance from his own party, the Republicans, when it comes to raising the nation's debt ceiling. This ceiling is like a big red flag that says, 'Stop borrowing money! ' and Trump wants to raise it. But he's not alone in thi
At his Senate confirmation hearing, Scott Bessent, President Trump's pick for the Treasury, revealed a worrying trend in the U. S. economy. he doesn't think America has a revenue problem, but rather, a severe spending issue. Bessent explained that this very problem prompted him to leave his quiet jo
A recent Gallup poll asked over 500 adults from all 50 states about the U. S. 's progress under President Joe Biden. The results? Many felt the country fell behind on key issues like education, race relations, and energy. Only on LGBTQ rights did a majority think progress was made. Biden's fans, mos
Starting soon, Americans won't have to worry about medical bills hurting their credit scores. The Biden administration is updating the rules so that medical debt can't be included in credit reports. This change will help about 15 million people by removing around $49 billion in medical bills from th
Ever thought about how unfair it is that medical bills can ruin your chances of getting a mortgage or a car loan? The Biden administration has just made a big change to fix that. They've banned unpaid medical bills from showing up on your credit report. This is huge! It means around 15 million Ameri
As 2024 wraps up, it's time to think about your money plans for the new year. Experts say it's crucial to check where you stand financially before setting goals. Ashley Lapato from YNAB suggests changing how you think about money. Instead of seeing it as a chore, imagine how it can improve your futu
The Education Department has reopened two repayment plans while facing legal battles over their new Saving on a Valuable Education plan, or SAVE. Republican attorneys general from Kansas and Missouri argue that President Joe Biden is trying to skirt around the Supreme Court's block on his debt cance
