Interest will restart for 8 million student loan borrowers
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Fed, Jerome H. Powell and interest rates
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In a couple of weeks we will get the first reading for third quarter GDP growth, and the current consensus among economists is for growth to be right around the same two percent.
Anyone in the market for a car will soon be able to write off fees for their purchase as a tax exemption. The Senate GOP-backed version of Trump’s One Big Beautiful Bill Act includes provisions that will make it easier to purchase a new automobile,
The Republicans' tax cut and spending package, dubbed the "big, beautiful bill," includes a tax deduction for car loan interest of up to $10,000 annually for qualified vehicles.
Analysis projects that a typical borrower will be forced to pay more than $3,500 per year, or $300 per month, as interest resumes.
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Jamie Dimon warned that markets are underestimating inflation and the risk of more Fed rate hikes amid global trade tensions.
A bipartisan U.S. bill that would hit Russia with sanctions in a bid to pressure Moscow into good-faith peace negotiations with Ukraine has gained momentum this week in Congress, but it still lacks the presidential push it needs to get over the finish line.
Brightline reportedly told bondholders it will miss an interest payment scheduled for July 15. The high-speed rail line between South and Central Florida continues to lose money despite advances
Short-term CD rates are higher than most long-term ones. But which makes a better home for your $10,000 deposit now?