The Path to Student Loan Forgiveness Is Narrowing
The Trump administration is changing many of the ways borrowers can have their student loans discharged. Source link
Finance
Foreclosure filings jump to six-year high as rising property taxes, insurance costs and debt strain U.S. homeowners
Homes with foreclosure filings jumped 26% in the first quarter, reflecting in part rising property taxes and insurance premiums that
Fed officials shift debate from rate cuts as they begin discussing conditions that would warrant future interest rate hikes
Three regional bank presidents opposed signaling rate cuts—guidance outgoing Chair Jerome Powell offered little reason to keep. Source link
Americans are pouring a lot more money into their gasoline tanks than they were even a week ago
A 33-cent jump in the price of regular gasoline in a single week is hitting wallets fast, with the summer
The U.S. will raise tariffs on automobiles from the European Union to 25% from 15%, President Trump said Friday
The president said tariffs will go from 15% to 25% and accused the bloc of failing to comply with a
Week Ahead for FX, Bonds: U.S. Jobs Data in Focus as Middle East Tensions Continue
U.S. jobs data will be the highlight of the coming week as investors look for evidence of how the Middle
U.S. Factory Activity Expands in April
The Institute for Supply Management’s purchasing managers’ index was 52.7 last month, in line with March, as price pressures rose
Canada Manufacturing Activity Picks Up
Canadian manufacturing activity recovered last month, with data pointing to increases in production and purchasing as demand was spurred by
The Minneapolis Fed president wrote that heightened inflation risks from the Iran war led him to object to the Fed’s policy statement this week that implied the central bank’s next move is likely to be a rate cut
Neel Kashkari wrote Friday that the central bank should signal that its next rate change could be either a cut
South Korea Exports Continue to Surge on AI-Related Demand
South Korea’s exports surged again in April, driven by semiconductor shipments, signaling resilience in the trade-dependent economy despite geopolitical risks