During a Labor Day visit to Philadelphia on Monday, President Joe Biden, who regularly claims to be the most pro-union president in history, emphasized the significance of unions and praised American workers for strengthening the economy.
In recent months, many Americans have felt the pinch of rising grocery bills, causing financial strain for families across the nation. The surge in USDA food costs has become a concerning issue, potentially leading some to credit card debt However, there is hope on the horizon as the Biden Administration has initiated efforts to alleviate…
A lucky individual, known as “the Lottery winner,” hailing from Manhattan, New York, made a last-minute decision that altered their winnings significantly in the New York Lottery‘s Cash X100 scratch-off game. Juan Alvarez, the Lottery winner, secured the top prize by purchasing a ticket at a local Gristedes grocery store Opting for immediate gratification, the Lottery…
In the pursuit of higher education, one concern that often looms large for students and their families is how to cover the costs of college. This is where the concept of a “Student Loan Cosigner” comes into play Scholarships, grants, and part-time jobs can help, but when those fall short, many turn to federal and…
The federal student loan interest resumed following the three-year pause due to the pandemic. Resumption of Federal Student Loan Interest Continues Following Three-Year Pause Due to Pandemic Under Biden’s administration loan repayment plans, the resumption of federal student loan interest continued following the three-year pause due to the pandemic, wherein the federal student loan interest…
Millions of seniors in retirement will receive their first Social Security retirement checks for September in just 10 days. For individuals who retire at age 70, these checks could be worth up to $4,555.
Child care in the United States has long been plagued by affordability and accessibility issues, with the average cost exceeding $10,000 annually for parents. Child care funding, a critical lifeline for American families, faces an uncertain future as pandemic-era support nears its end Moreover, over half of the population resides in areas with inadequate child…
This innovative income-driven repayment plan, touted as the most accommodating to date, aims to ease the financial burden on students by implementing two significant modifications compared to existing income-driven repayment (IDR) plans. The new SAVE Plan is set to revolutionize the landscape of student loan payment by providing substantial relief to borrowers Firstly, the SAVE…
Fed Chair Jerome Powell emphasized the necessity of “below-trend growth” in his recent remarks at the Kansas City Fed’s economic symposium, cautioning that persistent “above-trend growth” could trigger further monetary policy tightening. Fed Chair Jerome Powell sees signs of a cooling US job market, aligning with the Federal Reserve’s quest for weaker job creation and…
A new survey reports that 42% of households reliant on the Supplemental Nutrition Assistance Program or SNAP are skipping meals because they cannot afford enough food because of inflation. 93% of SNAP beneficiaries reported problems paying for basic household expenses In general, inflation will always penalize those with fewer alternatives. For example, a richer…