The pandemic-era freeze on student loan payments will end soon after three years. Student loan interest will start accruing on Sept. 1 and payments are starting in October. The pause on student loan payments will end this summer regardless of how the Supreme Court rules on President Joe Biden’s plan to forgive billions of dollars…
Some Student Loan Borrowers in Worse Shape After Reprieve: Risk Consultant
The Coming Mild Recession
Commentary Debate on recession prospects has three sides. One points to still strong jobs growth and contends that the economy will avoid recession altogether. A second side contends that the jobs numbers are misleading and that a recession is imminent. Yet a third splits the difference, arguing that a recession will wait until 2024. Forecasting…
Stack the Deck Against the CCP
Commentary China’s Belt and Road Initiative (BRI) is an ill-defined international development program that includes export activities and political influence operations by the regime in Beijing. With a reported $1 trillion of spending, which could eventually become $8 trillion, BRI has hit major speed bumps of late. Italy, which is the only G-7 country involved…
High Interest Rates, High Inflation, and Record Debt
June 8, 2023
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Commentary Financially, it’s going to be an interesting summer. At the moment mortgage rates are hitting 7 percent, median rent prices are at $1,850 per month, and the average car payment is around $950 per month. Household debt is currently at $17.1 trillion, mortgages are at $12 trillion, and auto loans are at $1.6 trillion….
How One Bad Financial Mistake Cost Me 7 Years Retiring Early, Guaranteed You’re Making It Now
June 7, 2023
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According to the Employee Benefit Research Institute, only 33 percent of Americans feel confident about retiring comfortably. Many individuals and families struggle to secure their financial future, making it essential to be aware of the pitfalls and mistakes that can derail your retirement plans. My story began when I was 25, fresh out of college,…
The Interbank Debt Market: A Warning Sign for the Stock Market’s Future
Commentary Most people look at the stock market as a sign of the health of the economy. If the stock market is moving higher in value, things must be good. The truth of the matter is the stock market isn’t as important as the debt market, specifically the interbank debt market. What goes on in…
LIVE 3 PM ET: House Rules Committee Meets to Discuss the Debt Deal
May 30, 2023
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The House Rules Committee meets at 3:00 p.m. ET on May 30 to discuss the debt deal—the Fiscal Responsibility Act of 2023, a first step in the House of Representatives toward pushing the legislation to a floor vote. …
LIVE NOW: House Rules Committee Meets to Discuss the Debt Deal
May 30, 2023
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congressdebtEpochTVEpochTV LiveLive VideosPoliticsthe Fiscal Responsibility Act of 2023U.S. House Rules CommitteeUSUS NewsVideo
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The House Rules Committee meets at 3:00 p.m. ET on May 30 to discuss the debt deal—the Fiscal Responsibility Act of 2023, a first step in the House of Representatives toward pushing the legislation to a floor vote. …
House Rules Committee Meets to Discuss the Debt Deal
May 30, 2023
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congressdebtEpochTVEpochTV LiveLive VideosPoliticsthe Fiscal Responsibility Act of 2023U.S. House Rules CommitteeUSUS NewsVideo
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The House Rules Committee meets at 3:00 p.m. ET on May 30 to discuss the debt deal—the Fiscal Responsibility Act of 2023, a first step in the House of Representatives toward pushing the legislation to a floor vote. …
3 Signs You May Need a Credit Card Hiatus
When your finances start to spiral and it becomes increasingly difficult to keep up with credit card payments or build toward financial goals, switching your payment method temporarily to cash or debit could help. Spending with credit cards can stimulate the brain’s reward center and drive you to make more purchases, according to a recent…
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