U.S. stocks rise at the open, after the key monthly jobs report showed the labor market remained healthy, giving the Federal Reserve room to keep interest rates steady and wait to see how President Donald Trump‘s tariff talk plays out. In January, 143,000 new jobs were created, less than the Dow Jones average of economists…
Less than three weeks before Election Day, the White House plans to sidestep the jumble of legal challenges it’s facing over its student loan forgiveness agenda to tout billions of dollars in new relief. President Joe Biden lauded the latest tranche of debt cancellation – $4.7 billion for more than 60,000 student loan borrowers, according…
For many Americans overwhelmed by student loan debt, the first week of October was bad. On Monday of that week, a yearlong grace period ended for student loan borrowers struggling to make payments since the pandemic pause lifted a year ago. Two days later, a separate program, meant to help borrowers in default get back…
On Wednesday, all signs point to the Fed ending the inflation fight it started 30 months ago. Back then, the unemployment rate was historically low, job growth was strong and companies had more openings to fill than people to fill them. Today, unemployment stands at its 10-year average, and there are fewer jobs to go…