With the impending transition of power in the United States government, federal student loan borrowers, numbering approximately 40 million, find themselves at a crossroads. As President Biden prepares to exit office, the electorate is bracing for shifting policies concerning student debt—issues that are exacerbated by the contrasting views of President-elect Donald Trump regarding student loan
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As we delve into 2024, the air travel sector has experienced a remarkable revival, especially in the international travel segment. The International Air Transport Association (IATA) reported an impressive increase of nearly 11% in revenue-passenger miles worldwide from January to October. This resurgence signals not just a bounce back from the precipitous declines during the
The year 2025 is already shaping up to be an exciting one for traders and investors alike, as speculative trading is once again taking center stage. Following a robust two-year run for the S&P 500—its best performance since 1998—many sectors of the market are experiencing sudden surges. Among the most notable components of this trading
The mortgage market is currently experiencing a significant downturn, primarily driven by a sharp increase in mortgage interest rates. As we entered the final weeks of December 2024, the Mortgage Bankers Association (MBA) reported an alarming 21.9% decrease in mortgage application volume compared to the previous week. This downturn coincided with the typical seasonal slowdown
The landscape of student loan repayment in the United States is undergoing significant adjustments as the Department of Education reintroduces two crucial repayment options: the Pay As You Earn (PAYE) Repayment Plan and the Income-Contingent Repayment (ICR) Plan. These plans provide borrowers with tailored monthly payments based on their income and family size, ultimately allowing
The political landscape in the United States is notorious for its impact on various sectors of the economy, and the recent election of Donald Trump for a second term has sent shockwaves through the solar energy market. Following his projected victory, solar stocks witnessed a significant sell-off in premarket trading, sparked primarily by concerns over
In a concerning turn of events for Boeing, shares dropped over 2% following South Korea’s emergency directive to inspect all 737-800 aircraft after a tragic accident involving Jeju Air. This model, prominent in Boeing’s lineup, was at the center of a catastrophic incident that occurred over the weekend, claiming the lives of 179 out of
As the New Year approaches, many households are placing a renewed focus on managing their personal finances. A recent survey conducted by Allianz Life highlights that around 38% of Americans prioritize financial stability above all else for 2025. With this in mind, certified financial planners have shared crucial resolutions that households should adopt to foster
The end of 2024 has painted a complex picture for the housing market; while there’s a notable increase in available properties, lingering inventory poses challenges for both buyers and sellers. This juxtaposition raises important questions about the direction of the market amid shifting economic conditions and consumer behaviors. As 2024 wraps up, reports indicate that
In an impressive display of resilience, Affirm, a notable player in the buy now, pay later (BNPL) sector, recently released its fiscal first-quarter results, surprised analysts, and positioned itself for future growth. The company reported an adjusted loss per share of 31 cents, better than the projected loss of 35 cents. With revenues reaching $698