By Kim Clark From Kiplinger’s Personal Finance Buttressing your resume with a new skill is one of the best ways to make a modest financial investment pay big returns. One study found that, depending on the skill and the worker’s previous education and job, some holders of short-term credentials earned 65 percent more than otherwise…
Judge Denies Lawsuit Challenging Biden’s Student Debt Cancellation Program
September 30, 2022
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Business & MarketsEducation & Family NewsExecutive BranchFederal Student Loan DebtinflationJudiciarypersonal financePolicies & ImpactsPoliticsstudent loan cancellationstudent loan reliefUS
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A federal judge has denied a lawsuit filed by the Pacific Legal Foundation (PLF) challenging the Biden administration’s plan to forgive student loans after the Department of Education (DoE) made some clarifications on its website. The lawsuit was filed on behalf of public interest attorney Frank Garrison, a beneficiary of the congressionally authorized Public Service…
Four Ways Retirees Can Protect Their Savings
Even though the United States has a retirement system, it is not perfect. Compared with the retirement systems in other developed nations, it has become apparent that there are flaws in America’s system—chiefly because not everyone has access to a secure financial future. 1) Have a Retirement Plan The biggest retirement system flaw, says Yahoo.News,…
Stagflation Is ‘Just the Beginning’ for America’s Economic Crisis: Peter Navarro
September 30, 2022
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Business & MarketsDonald Trumpeconomic policieseconomyinflationMarketspersonal financePeter NavarrorecessionstagflationUSUS News
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Economist Peter Navarro, erstwhile adviser to former President Donald Trump, told Epoch TV’s “Crossroads” program in a recent interview that the current stagflationary downturn stalking the U.S. economy is “just the beginning” of America’s economic woes, and that Trump is the one who’s best poised to pull the country out of a dire slump. Navarro…
Biden Admin Quietly Makes Reversal on Student Loan Forgiveness Program, Scales Back Eligibility
September 30, 2022
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bidenBusiness & MarketseconomyEducation & Family NewsExecutive Branchlawsuitpersonal financePoliticsstudent loan forgivenessUSUS News
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The Biden administration quietly issued an update to its student loan forgiveness plan on Thursday, drastically scaling back eligibility on the same day that six Republican-led states filed a lawsuit against President Joe Biden, claiming his student loan forgiveness plan is illegal. As of Thursday, borrowers who have federal student loans that are owned by private entities and not by the U.S….
11 Crazy Expensive Things Rich People Buy
September 29, 2022
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BrightbudgetingConciergeEarning MoneyFuture PlanninginflationLuxurypersonal financeWealth ManagementWealthy People
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Have you ever wondered what you would spend money on if you were to win the lottery or suddenly become rich? It can be fun to daydream about the possibilities. After all, there’s no telling what wild, exciting things and experiences would be within reach. While most people are likely stressing about inflation, the rising…
Closing Prices for Crude Oil, Gold and Other Commodities (Sept. 29)
September 29, 2022
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Benchmark U.S. crudeBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for November delivery fell 92 cents to $81.23 a barrel Thursday. Brent crude for November delivery fell 83 cents to $88.49 a barrel. Wholesale gasoline for October delivery fell 7 cents to $2.51 a gallon. October heating oil fell 4 cents to $3.41 a gallon. November natural gas fell 9 cents…
How Major US Stock Indexes Fared Thursday Sept. 29, 2022
Stocks are back to falling on Wall Street as worries about a possible recession and rising bond yields put the squeeze back on markets. The S&P 500 fell 2.1 percent Thursday, reaching its lowest level since late 2020. The washout erased the index’s gains in a big rally the day before. The Dow Jones Industrial…
How to Manage Your Funds If You Move Abroad
People move overseas for various reasons. Maybe you landed a dream job with an international corporation or want to study for your doctorate without drowning in student loan debt for a lifetime. Many Americans choose the emigration option if they have chronic health conditions and an in-demand career or spouse with such a role—they can…
Revised GDP Data Confirm US Economy Fell Into ‘Technical Recession’ in First Half of 2022
September 29, 2022
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Business & Marketseconomic policieseconomyinflationinterest ratespersonal financerecessionU.S. economyUS
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The U.S. economy contracted for two consecutive quarters this year, according to a revised government report, which technically meets the criteria for a recession. The third and final update was released on Sept. 29 by the Bureau of Economic Analysis, as rising inflation and higher interest rates weighed on consumer spending. U.S. gross domestic product…
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