President Joe Biden visiting a library in Culver City, California, Feb. 21, 2024. Irfan Khan | Los Angeles Times | Getty Images As Biden administration prepares to forgive the student debt of tens of millions of borrowers — a move experts say could happen as soon as October — it has issued new guidance on
CFOTO | Future Publishing | Getty Images Despite recent dips, many longtime crypto investors could have significant gains. The price of bitcoin was still up about 49% year to date, while the price of ether has grown about 40%, as of midday on July 30. If you are expecting a lower-income year for 2024, it
The current average interest rate for a fixed-rate, 30-year conforming mortgage loan in the United States is 6.751%, according to the most recent data available from mortgage technology and data company Optimal Blue. Read on to see average rates for different types of mortgages and how the current rates compare with the last reported day
Olivia Chen NerdWallet Whether you have done it before or you’re new to the process, applying for a small-business loan can be frustrating and difficult to navigate. In the Federal Reserve’s 2023 Small-Business Credit Survey, over half of business owners who reported feeling discouraged from applying for funding cited lender requirements as the reason. With
The term “self-care” might conjure images of relaxing bubble baths or massages. But true self-care encompasses your finances, too. “Self-care is about taking care of yourself so you can look better, feel better, and be prepared for the future,” says Stacy Miller, a certified financial planner and founder of BayView Financial Planning in Tampa, Florida.
NEW YORK — The Consumer Financial Protection Bureau said Thursday that apps that allow workers to access their paychecks in advance, often for a fee, are providing loans and therefore subject to the Truth in Lending Act. If enacted, the proposed rule would provide clarity to a fast-growing industry known as Earned Wage Access, which
The recent launch of the Canara Robeco Balanced Advantage Fund on July 12, 2024, has reignited interest surrounding balanced advantage funds (BAFs). Not that these funds were not in vogue; however, the bullish run of the stock market encouraged many investors to adopt an aggressive approach while opting for equity mutual funds for investment. For
FORT WAYNE, Ind. (WFFT) — Fort Wayne City Council granted Brightpoint $2.5 million for its Small Business Loan Project Tuesday. That money will come out of the City’s Legacy Fund, which is meant to invest in transformational projects across the city. As of December 31, 2023, the account holds $36,674,431. The Legacy Joint Funding Committee originally
If you buy an annuity in a rollover individual retirement account a few months from now, you might get a better deal on it. That’s because your insurance agent will be required to act as a fiduciary in your best interest. It’s just one of the changes in a new Department of Labor rule set
Alexandra Pavlova | Getty Images The Biden administration’s efforts on student loan forgiveness have repeatedly been met with legal challenges. The Supreme Court struck down President Joe Biden‘s first attempt at wide-scale forgiveness last summer. Now, its new income-driven repayment plan (the Saving on a Valuable Education plan known as SAVE) is partially suspended after