Biden makes it easier to forgive student debt in bankruptcy

Biden makes it easier to forgive student debt in bankruptcy

Bankruptcy Court. Dayton, Ohio.  Stanrohrer | E+ | Getty Images The Biden administration’s new student loan bankruptcy policy is making it easier for borrowers to walk away from their debt in court, attorneys say. “We have gotten forgiveness for a number of clients under the new bankruptcy changes,” said Malissa Giles, a consumer bankruptcy lawyer … Read more

Here’s the inflation breakdown for February 2024 — in one chart

Here’s the inflation breakdown for February 2024 — in one chart

Shoppers are seen in a Kroger supermarket in Atlanta on Oct. 14, 2022. Elijah Nouvelage | AFP | Getty Images Consumers continued to contend with higher inflation in February, according to new government data. The consumer price index — an inflation measure that tracks changes in the prices of consumer goods and services over time … Read more

Equal Pay Day highlights $1.2 million salary shortfall for some women

Equal Pay Day highlights .2 million salary shortfall for some women

Equal Pay Day is a reminder of the persistent income inequality between men and women. As it stands, women earn just 84 cents for every dollar earned by men, according to an analysis of U.S. Census Bureau data by the National Women’s Law Center. “When you look at the cent number, it looks like it’s small,” … Read more

You can still buy a sofa for $399 — here’s why you may not want to

You can still buy a sofa for 9 — here’s why you may not want to

  Hispanolistic | E+ | Getty Images Don’t expect the sofa you buy today to go the distance. “In the last 15 years, there’s been a shift to disposable furniture,” according to David Koehler, chairman of Johnny Janosik, a furniture retailer with stores in Delaware, Maryland and Virginia. For most consumers, that’s okay. Attitudes have … Read more

Where candidates stand on Social Security, Medicare

Where candidates stand on Social Security, Medicare

Former U.S. President Donald Trump watches a video of President Joe Biden playing during a rally for Sen. Marco Rubio (R-FL) at the Miami-Dade Country Fair and Exposition on November 6, 2022 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Former President Donald Trump and current President Joe Biden issued opposing … Read more

Here’s what researchers have to say about working in your 80s

Here’s what researchers have to say about working in your 80s

U.S. President Joe Biden stops to talk to journalists about new Russian sanctions as he departs the White House on February 20, 2024 in Washington, DC. Biden is traveling to California to attend campaign receptions across the state.  Chip Somodevilla | Getty Images Should he prevail in the upcoming presidential election, President Joe Biden, 81, … Read more

How parents can help their kids be more successful than most: experts

How parents can help their kids be more successful than most: experts

Parents regularly worry about how their children will navigate the world as adults. Will they grow up to be happy and well-adjusted? Will they get a good job and live comfortably? Every child is different, and everyone develops at their own pace. But some strategies are proven to be more effective than others, when it … Read more

The future of EVs in the collectible cars market, from Tesla to BMW

The future of EVs in the collectible cars market, from Tesla to BMW

Elon Musk at a Tesla Motors press conference at the 2009 North American Auto Show. James Leynse | Corbis Historical | Getty Images The term “collectible vehicle” might conjure up images of an elegant convertible from the 1930s, or maybe a souped-up muscle car. But time moves on. A new crop of all-electric vehicles and … Read more

Biden cites student loan forgiveness fixes in State of the Union

Biden cites student loan forgiveness fixes in State of the Union

US President Joe Biden delivers the State of the Union address in the House Chamber of the US Capitol in Washington, DC, on March 7, 2024.  Shawn Thew | Afp | Getty Images 1. Income-driven repayment plans Income-driven repayment plans, which date to 1994, set borrowers’ monthly payments based on a share of their discretionary income. … Read more

Biden says wealthy should pay ‘fair share’ to Social Security

Biden says wealthy should pay ‘fair share’ to Social Security

U.S. President Joe Biden delivers his third State of the Union address in the House Chamber of the U.S. Capitol in Washington, D.C., on March 7, 2024. Shawn Thew | Via Reuters President Joe Biden urged lawmakers to “stand up for seniors” in his annual State of the Union address on Thursday, while pledging to … Read more