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interest rates


Russia’s invasion of Ukraine is putting Egypt’s economy under pressure, raising concerns about popular discontent in the Middle East’s most populous country. The Egyptian pound fell more than 11% on Monday as the country’s central bank hiked key rates by 100 basis points each in a surprise meeting, the first rate hike since 2017. Analysts …

High prices and inflation in the United States continue to rise at a historic rate, according to a report released Thursday by the Department of Labor. As Russia’s invasion of Ukraine enters its third week, global markets grapple with higher costs for energy, food and consumer goods. In the United States, the consumer price index …

HAVING been involved with real estate investment trusts (REITs) since 2004, I thought it was timely to revisit the basics of what REITs are essentially for investors and capital markets. REITs changed the game when the first such instrument, Axis-REIT, listed in August 2005 with a modest market capitalization of RM300 million. I had no …

Britons are increasingly worried about rising interest rates, fearing it will hurt their chances of moving up – and staying – on the property ladder. According to Market Financial Solutions, which commissioned pollster Opinium to survey more than 2,000 UK adults, homeowners and tenants fear the twin threats of rising rates and high inflation will …

Sanctioned oligarchs have also been hit by earlier moves amid a wave of Western retaliation for the invasion of Crimea, Russian interference in the 2016 US election, malicious cyber activity, the attack on nerve agent against a former double agent and his daughter. in the UK and a range of other perceived transgressions. While new …

According to figures released by the US government, consumer prices have risen 7.5% over the past year, the biggest increase since 1982. Actual price increases are even worse than the figures suggest. of the government, since the “official” statistics are manipulated to underestimate the real rate of price increase. According to John Williams of ShadowStats, …

Here’s a quick look at how some of them are stacking up right now. A place to go? With interest rates rising across much of the world in response to inflationary pressures, the Chinese market stands out where policy is more geared towards easing and consumer price pressures seem relatively more contained. Yet, even if …

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. You can listen to an audio version of the newsletter by clicking on the same link. What’s going on: In a new report, the Financial Stability Board — an international body that brings …

(Bloomberg) – Pacific Investment Management Co. lowered its recommendation on Chinese sovereign debt from neutral to overweight as policy divergence with the United States diminishes its yield advantage. Bloomberg’s Most Read The investment giant has been overweight equities for most of last year when inflows into domestic bonds hit an all-time high. “We have become …

February 14 (Reuters) – ——————————————– ——————————————— ————————————————– ——————————————— ————————————————– ——————————————— Join now for FREE unlimited access to Reuters.com Register ————————————————– ————————————— ** indicates the closing price All prices from 18:09 GMT SHARES GLOBAL – Global stocks fell on Friday on growing concerns over escalating tensions between Ukraine and Russia and the prospect of a tightening …

Have you heard of Jeff Bezos and the bridge? The Amazonian billionaire’s new superyacht, under construction in Rotterdam, the Netherlands, is so large the city may have to partially knock down a historic bridge for it to reach open water. The story has quickly become a metaphor for rising inequality, and it fuels the perception …

After three weeks of trading in the new year, big bank stocks are everywhere. Wells Fargo WFC -2.42% & Co. shares fell last week along with the broader market, but are still up 12% for the year. The bank is well positioned to take advantage of rising US interest rates, given its large US deposit …

“I don’t see people stopping me in the street and saying, ‘John, you’re outrageous, under your government my house has gone up in value’. In fact, most people feel safer and feel better because their home’s value has gone up. It was Howard’s political hero, Robert Menzies, of course, who perhaps most eloquently expressed Australia’s …

Bond yields are rising again so far in 2022. The US stock market looks vulnerable to a bona fide correction. But what can you really tell from just two weeks into a new year? Not much and a lot. One thing is certain: the days of making easy money are over in the age of …

The international reserves of the Qatar Central Bank (QCB) constituted 624% of currency issued in November 2021, well above the mandated 100%, indicating the solvency of the central bank, according to the Qatar Economic Outlook.The level of total international reserves and foreign exchange liquidity stood at QR 209.6 billion as of November 2021, or USD …

MARKET ENVELOPES To watch: EU Monetary developments in the euro area. Opening call: European stocks could open lower after hitting a five-week high on Tuesday. US equity futures are trending upward. The US dollar was unchanged. Oil is rising. Lower golden edges. Actions: European stocks are expected to fall at open on Wednesday as concerns …

A customer exchanges US dollars for Egyptian pounds at a currency exchange office in central Cairo, Egypt on November 3, 2016. REUTERS / Mohamed Abd El Ghany / File Photo Register now for FREE and unlimited access to Reuters.com Register Central bank says unconventional approach has been successful Investors say short-term exposure could expose Egypt …

I really like the idea of ​​creating passive income using dividends from UK stocks. Let me tell you why. For me, passive income is having enough side income to pay for treats. I don’t have any aspirations to be the next Warren Buffett, but I want to enjoy great, safe meals knowing that I can …

The Chinese economy has become heavily dependent on real estate development over the past decade. High-rise apartments have mushroomed in hundreds of cities to house a growing workforce, while glass and steel office buildings dominate city centers, mimicking the glittering skyline of Shanghai. Valued at over $ 50 billion after 20 years of rapid growth, …

Turkish Lira banknotes are placed on US dollar banknotes in this illustration taken November 28, 2021. REUTERS / Dado Ruvic / Illustration Register now for FREE and unlimited access to reuters.com Register now The currency has lost 47% of its value against the dollar this year Erdogan maintains low interest rate policy despite high inflation …

oh Prices have fallen and stocks are under pressure again after a warning from the Moderna boss that existing vaccines are likely to be less effective against the omicron variant. Stéphane Bancel also told the FT that it might take months for new vaccines to be developed on a sufficient scale. His comments sparked increased …

The following discussion should be read in connection with the accompanying historical financial statements and related notes thereto. In this discussion, unless the context suggests otherwise, references to “our Company,” “we,” “us,” and “our” mean Kite Realty Group Trust and its direct and indirect subsidiaries, including Kite Realty Group, L.P. Cautionary Note About Forward-Looking Statements …

CBS said the transition is not something that only affects Seychelles, as it is a global issue. (Seychelles News Agency) (Seychelles News Agency) – The contracts of around 185 clients with foreign currency loans in Seychelles will be changed as commercial banks switch from LIBOR, one of the main benchmark interest rates used in the …

We often talk about what causes Economic inequality – the stagnation of the incomes of the working class, the way in which the United States taxes wealth against wages, the high cost of living. But banking insider Karen Petrou says there is a powerful driver of inequality that has so far avoided real scrutiny: the …

Personal consumption expenditure: The PCE index is the Federal Reserve’s preferred measure of inflation, and the latest data will be followed closely ahead of the central bank’s policy meeting on November 3. The core PCE index, which excludes volatile components such as energy and food, is expected to have risen 0.2% in September after rising …

October 30, 2021 FOREIGN-EXCHANGE the markets were once a hotbed of lively speculative activity. But today traders looking for an adrenaline rush should look to assets like cryptocurrencies instead. Barring a brief surge at the onset of the pandemic – and isolated events in the Turkish lira – currency markets have been silent. Macro-trading funds …

There has been a lot of criticism about the proposed billionaire tax plan. Some see it too … [+] difficult for the IRS to implement right away. Others see it as a first step in raising taxes for those with a million assets, which is a huge amount of US investment accounts. How about taxing …

After his car broke down on his way to work in Idaho last October, Nathan Apodaca hiked the rest of the way on his skateboard, filming himself drinking cranberry juice and articulating the lyrics to “Dreams.” by Fleetwood Mac. He then uploaded the video to TikTok – where it would go viral, create a multi-million …

This article originally appeared on The Humble Dollar. Do I sound like a broken record? Last week, the performance gap between US and foreign stocks widened further. The Vanguard Total Stock Market Index Fund (NYSE 🙂 ETF has now returned 21.6% so far in 2021, while the ex-US Vanguard FTSE All World ETF (NYSE 🙂 …

The Co-operative Bank has taken a bold approach to a merger with TSB in a move that could spark a new wave of consolidation among mid-sized UK lenders. Sky News learned that the Co-operative Bank contacted TSB’s Spanish owner Banco Sabadell earlier this month to gauge its appetite for a deal. Picture: The Spanish owner …

As a huge fan of the original Star Trek, I have to admit it was pretty neat to see Captain Kirk go into space. But there is a real problem here with silly super-rich games that deserve some thought. There have been many stories and articles about the huge increase in the wealth of the …

Financial markets have begun to factor in the possibility of the US Federal Reserve (Fed) reducing or decreasing its purchases of US Treasury securities and mortgages. On the surface, one would expect that a very large buyer of US Treasuries pulling out of this market would reduce demand, cause prices to fall and yields to …

ESG investment, defined in the survey as “relying on a company’s environmental practices, social issues and governance policies before investing”, resonates the most with young investors: 91% of investors in the Gen Y say they are likely to add these investments to their portfolio soon, compared to 80% of Gen X investors and 68% of …

US stocks fell on Friday afternoon after a weak employment report raised questions about the Federal Reserve’s timing to reduce its overwhelming support for markets. The S&P 500 fell 0.2% after fluctuating between small early gains and losses. The Dow Jones Industrial Average fell 46 points, or 0.1%, to 34.708 at 1:48 p.m. EST, and …

ECONOMYNEXT – Sri Lanka has received responses from five parties to a request for proposals for foreign currency term loans, said Treasury Secretary Sajith Attygalle. Three banks and two investment firms had submitted proposals on October 5, Attygalle said. Sri Lanka had previously extended the deadline at the request of some potential lenders who wanted …

Wall Street stocks fell on Monday, with the S&P 500, the US benchmark, losing 1.3% and the Nasdaq composite dropping 2.1%. Apple, Amazon, Google and Microsoft all closed down more than 2%, while Facebook was down 4.9%. The biggest tech companies have a huge influence on the S&P 500 and the Nasdaq. The S&P 500 …

Local bond market still turbulent Raising the public debt ceiling increases yields The Thai bond market has been very volatile in recent weeks, particularly 10-year government bonds, whose yields rose by around 0.9 basis points in September, hampered by the potential US default. United. Investors expect the supply of local government bonds to increase from …

Receive free updates on US inflation We will send you a MyFT Daily Summary email gathering the latest news on US inflation every morning. Unlike many on the American left, I have always been skeptical that ultra-low interest rates make it easier for the poor. Keeping rates too low for too long encourages speculation and …

Homeownership generates an average income of $ 135,000 per year in parts of Sydney as the profitability of homeownership peaks in 40 years as a result of soaring prices. The property has generated up to $ 135,000 a year in wealth for the average homeowner in parts of Sydney, thanks to soaring house prices and …

Newsletter: Not covered The most important market trends and how the best minds on Wall Street are responding to them. Delivered every day of the week. European stock markets rose on Monday, led by shares of energy producers after the international price of oil hit its highest level in nearly three years. The Europe Stoxx …

NEW YORK (Project Syndicate) —How will the global economy and markets develop over the next year? Four scenarios could follow the “slight stagflation” of recent months. The recovery in the first half of 2021 has recently given way to a marked slowdown in growth and a surge in inflation well above the central banks’ 2% …

Indian investment bankers are set for their most rewarding year as initial local public offerings head to an all-time high despite devastation from a deadly wave of Covid-19. Listings in Mumbai have already raised $ 10.2 billion this year, according to data compiled by Bloomberg. Banks that run these deals have racked up record fees …

By Julia Horowitz, CNN Business Mention the word “stagflation” to someone who followed the economy in the 1970s, and you can expect a strong reaction. The phenomenon – which describes a period of high inflation and stagnant economic growth – was a nightmare for policymakers, leaving them few options to curb the spike in prices …

Q Over the past 18 months, I have done a lot more of my shopping online. In most cases, I rely on consumer reviews to help me decide whether or not to buy. However, there have been a number of times my purchases have looked nothing like the reviews on the company’s website which makes …

LONDON – European stocks retreated on Thursday, following the mood in the global market as US Federal Reserve policymakers meet for a closely watched monetary policy summit. The pan-European Stoxx 600 fell 0.7% at the start of trading, with retail stocks losing 1.4% to cause losses as all sectors and major exchanges slipped into the …

August 25, 2021 9 minutes to read Opinions expressed by Contractor the contributors are theirs. The phrase “wealth inequality” may sound like something only progressives or activists like to use. However, this is a reality experienced by countries around the world. The gap between rich and poor continues to widen despite increased access to education …

Financial Services Updates Sign up for myFT Daily Digest to be the first to know about financial services news. The writer is professor of financial economics at Imperial College London The economic damage caused by the pandemic has been partly masked by the extraordinary levels of support provided by governments around the world. In September, …

A Supreme Court setback led to the sale of Reliance Industries, which lowered benchmarks on Friday. Selected pharmaceutical and banking companies were others under pressure, while IT and auto stocks provided some support. The 30-pack Sensex shares lost 215.12 points or 0.39% to close at 54,277.72. The index finished down about 355 points from the …

International financial markets have opened a window for African governments to diversify their sources of funding from traditional multilateral institutions and foreign aid. For example, they can now borrow by issuing Eurobonds – these are international bonds issued by a country in a foreign currency, usually in US dollars and euros. South Africa was the …

ECONOMYNEXT – Sri Lanka printed enough money after a failed bond auction last week to potentially wipe out foreign exchange reserves equivalent to a central bank swap being negotiated with Bangladesh, according to official data. Shares of the central bank’s treasury reached Rs.1194 billion on August 2, the bond settlement day up Rs 53.9 billion …

International markets and related exchange-traded funds maintained their momentum on Friday, with European equities closing at an all-time high, as a strong earnings season and favorable monetary policy outlook from the European Central Bank helped offset the concerns about the more contagious variant of Covid-19 Delta. “Monday’s liquidation appears to be a brief moment of …

The current lax monetary policies in developed economies are likely to increase wealth inequalities, and in the short term, there is little that monetary and regulatory authorities can do about it. Rather, solving the problem will require finance ministers with a strong political mandate to implement redistributive measures. LONDON – In the Forbes list of …

Lawrence Agcaoili (The Philippine Star) – July 19, 2021 – 12:00 am MANILA, Philippines – The Bank of the Philippine Islands (BPI), headed by Ayala, has no plans to recruit a foreign strategic partner and tap the debt or capital markets for additional financing this year. BPI President and CEO Jose Teodoro “TG” Limcaoco told …

“This transitory life. This phrase – taken from an old prayer for those who suffer from “turmoil, sorrow, need, disease or any other hardship” in their earthly existence – resonates in my head these days. Unfortunately, this is too applicable for too many people. In its current use, “transient” is the modifier favored by American …

Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Committee on Banking, Housing and Urban Affairs hearing on “The Semi-Annual Monetary Policy Report to Congress” on Capitol Hill in Washington, July 15, 2021. Kevin Lamarque | Reuters An economic rebound, rising wages and falling jobless claims were not …

Equity futures were little changed on Wednesday night as investors digested a host of mixed corporate results and reassured senior central bank officials that the latest spike in inflation would likely be temporary. S&P 500 contracts hit the flat line after the index hit a record intraday high in Wednesday’s regular session. Dow and Nasdaq …

Through Luigi Wewege, the Senior Vice President and Head of Private Banking, Banque Internationale Caye in Belize. For some, there remains a little mystery surrounding the use of offshore bank accounts. There are also misconceptions about the legality and ethics behind owning these type of accounts. Banking and offshore investing are more than many people …

If you don’t see inflation as a threat as much, you’re probably under 40. Either that or you suspect that the recent upward trend in house prices, rents, food, commodities, gasoline, cars and labor will prove to be fleeting. The trend could be temporary or even beneficial. Not so long ago, experts were worried about …

(Repeat the previous story without modifying the text. The author is editor-in-chief for finance and markets at Reuters News. All opinions expressed here are his own) LONDON, June 16 (Reuters) – Who or what is holding back U.S. government lending rates has become one of the big financial issues of the year – at least …

Apartments rented on jeonse, or long-term deposit, contracts continue to become more expensive. Jeonse prices have increased for the 102nd week in a row. The trend continued from the first week of July 2019 to the first week of this month. Unless the Moon Jae-in administration changes its real estate policies, the trend will not …

Today’s Mortgage and Refinance Rates Average mortgage rates fell yesterday, a possibility we had anticipated. But the drop was larger than expected. And they are now at their lowest level in over a month. My best guess is that mortgage rates could rise slightly next week. But they are currently inherently unpredictable. So it’s really …

Global Forex Market Volatility in global markets has been sucked in, leaving major currencies in a limited range as investors stepped aside ahead of Thursday’s development – May US CPI print and Central Bank monetary meeting European Union (ECB). Post-event risk seemed to add new direction to the currency market. Investors saw the U.S. inflation …

When asked if she had ever experienced racial discrimination In the real estateMichelle C., who is black, shares how she and her mother lost their Brooklyn Brownstone worth over $ 2.2 million. Michelle and her mother bought the building by HUD lock for $ 135,000 in 2001. Michelle was 21 at the time. However, it …

Swiss Re’s new SONAR 2021 report addresses the long-term effects of the COVID-19 pandemic on individuals and businesses around the world. (Photo: Shutterstock) As the United States and other countries move forward in post-pandemic economic recovery, many of the issues that have arisen over the past year will continue to shape the future risk landscape. …

Regardless of their low yields, bonds offer diversification and a source of liquidity when equity markets turn bearish. Financial advisers and their clients need to think about how to structure their fixed income allocations in today’s harsh environment. “Certain segments of the fixed income market and different strategies may still work and produce positive returns …

Posted on Monday, June 7, 2021 | 8:43 p.m. Updated 7 minutes ago BANGKOK (AP) – Stocks edged down in Asia on Tuesday after a mixed end on Wall Street, as investors weighed inflation risks against signs that the recovery from the pandemic is gathering pace. Benchmarks fell in Tokyo, Hong Kong and Shanghai and …

Remarks / Observations – Germany, April factory orders fell unexpectedly in April. – UK housing data in Halifax continue to be boosted by the extension of the stamp duty exemption. – British Prime Minister Johnson said he was under pressure to leave certain Covid measures in place amid further evidence that the Delta variant originally …

Mumbai: The Reserve Bank of India (RBI) on Friday expanded its bond buying program and kept key rates at record highs to support economic recovery, even as it lowered its forecast for economic growth amid ‘a devastating second wave of the pandemic. Governor Shaktikanta Das said the central bank will buy a ₹1.2 trillion bonds …

We know three things about the US economy: the rich are getting richer, everyone is in debt, and interest rates have gone down. Is there a link? Yes, and the link has implications for fiscal and monetary policy. By forcing interest rates down, extreme wealth inequality pushes the US economy into a “debt trap” that …

NAB’s subsidiary, UBank, announced a “year-end mortgage sale,” which includes a new record rate. According to UBank, it today lowered its one-year fixed mortgage rate for homeowners paying principal and interest (P&I) to 1.75% per annum (comparison rate of 2.31% per annum * ). Available for loan-to-value (LVR) ratios of up to 80%, this new …

Major asset owners in the Asia-Pacific region will invest their money in global destinations over the next five years, according to a new report, as they seek higher returns through diversification. Fintech Broadridge’s 1H 2021 Institutional Client Opportunities Report from Fintech Broadridge released Thursday, May 27, said the regional asset pool for outsourced foreign investment …

Bloomberg Chinese companies’ listing boom in the US suddenly comes to a halt (Bloomberg) – At least three Chinese companies have suspended their plans to list in the United States, announcing a slowdown in what was a record start to the year for initial public offerings by companies on the mainland and in Hong Kong. …

– EUR / USD supported at 1.2050 before attempt at 1.22– Euro breakout pressure increases as Fed policy weighs on USD– PMIs and ECB focus on euro as some economies reopen Image © Adobe Images Reference rate EUR / USD at publication: Spot: 1.2142 Bank transfers (indicative guide): 1.1717-1.1802 Specialist rates for money transfer (for …

Lenders are working hard to adapt to today’s volatile environment, thanks to an ever-changing market and the continuing effects of COVID-19 on businesses and the economy. HousingWire spoke to Paul W. Harris, Head of Mortgage Analytics at First American, about how data and information can both reveal and solve lender’s problems in these uncertain times. …

Behind almost every government action is a single question. How do we pay for it? The answer seems simple: either through taxes or through debt. But taxes have to pay down the debt, so the real question is not “how” but “when” we raise the stake. At the federal level, the answer is often “later”. …

In short, a lender is approached by a potential borrower who needs money for real estate and / or renovations that should turn a profit once the property is sold. At this point, they can assess the plan, how the borrower will repay the money, and the feasibility of the whole project. If they determine …

Maintaining intact its leading position in the mortgage loan segment, the State Bank of India (SBI) is taking a new step by taking the ??5,000 billion (5 crore Lakh) in its home loans segment. The bank has set itself the objective of achieving an outstanding mortgage loan of ??7 trillion by fiscal year 2024. SBI’s …

Our goal is to give you the tools and the confidence you need to improve your finances. While we do receive compensation from our partner lenders, whom we will always identify, all opinions are ours. Credible Operations, Inc. NMLS # 1681276, is referred to herein as “Credible”. Under normal circumstances, if you ask your lender, …

AU.S. soil health is in dire straits and a new investment fund, rePlant Capital, has been formed to help address the crisis of capitalism by tying agricultural loan interest rates to improved carbon storage and water in the soil in order to save farmers from the disaster impacts of climate change. A third of the …

The current COVID-19 recession has made personal finances a priority for many Americans. While many face serious financial hardship due to rising unemployment, others who have been fortunate enough to adjust to remote work have seen little or no reduction in their earnings. And with fewer travel and entertainment opportunities, some are even finding more …

SGoodbye mortgage rates below 3%, at least for now. The average rate for a 30-year fixed-rate mortgage is 3.02%, the first time in nearly eight months it has crossed the 3% mark. This is not a surprising development. Many connoisseurs forecast rates would increase in 2021, supported by more stimulus measures and the deployment of …

U.S. Interest Rate Updates Sign up for myFT Daily Digest to be the first to know about US interest rate news. Mortgage rates for U.S. buyers saw their biggest jump in over a year last week, higher treasury yields and higher inflation expectations are starting to trickle down to the real economy. The 30-year average …

The average U.S. mortgage rate for a 30-year fixed-rate loan fell one basis point this week to 2.66% – the lowest rate in the Freddie macThe primary mortgage market survey of nearly 50 years of history. This week’s mortgage rate broke the previous record set on December 17th. With this week’s record drop, there are …

Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. As of March, credit card issuers, mortgage lenders and student loan managers have offered financial aid programs to help millions of Americans …

When take out a personal loan, the big question is: how much will it cost each month to pay off the loan? You are of course repaying more than the money you borrowed from the lender; your monthly loan payment also includes interest (or the cost of borrowing money). The amount of each installment also …

High-cost lender Moola will repay borrowers $ 2.8 million at unreasonably high fees. The lender agreed to make the repayments after an investigation by the Trade Commission. The commission said Moola was charging unreasonable credit and default charges for its loans, which borrowers were applying for online. Prior to the introduction of a daily charge …

The total value of new mortgages due in the coming months reached its highest level since 2007 towards the end of last year, according to figures from the Bank of England. New mortgage commitments in the fourth quarter of 2020 totaled £ 87.7 billion, the highest figure since the third quarter of 2007, according to …

The city of Tucson, Arizona, last year decided to pay the rent for five golf courses and a zoo – to itself. In California, West Covina has agreed to pay rent on its own streets. And in Flagstaff, Arizona, a new lease covers libraries, fire stations, and even city hall. These are risky financial arrangements …

The payday loan industry claims that its companies provide a needed service at an affordable cost. But advocates say they are preying on financially vulnerable families. Most payday loan offices in California are located in zip codes with above average poverty rates. A weekly record number of Californians, nearly 187,000, filed initial unemployment insurance claims …

Subprime mortgages are home loans for borrowers with a low credit score, often less than 600, which prevents them from qualifying for a loan. conventional loan. These generally carry higher interest rates and down payment requirements than conventional loans. Widely blamed for fueling the Great Recession, subprime mortgages now exist as subprime mortgages under stricter …

Federal student loan forbearance has been extended until at least the end of January 2021, with interest rates remaining at 0% and no payments due. While it was due to expire at the end of 2020, the abstention was extended until at least January 31, 2021, according to an announcement made by Education Sec. Betsy …

Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. On Saturday, President Donald Trump signed a series of decrees and memoranda, bypassing stalled negotiations in Congress and calling for an extension …

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. Life is full of surprises, not all of them are welcome. If you face an unexpected financial surprise, it might be tempting to dip into your …

Student Debt Grows High on Biden’s Agenda Progressives call on President-elect Joe Biden and his education department to cancel student debt. (Photo: YouTube / screenshot) When the coronavirus pandemic hit the United States this spring, lawmakers on both sides of the aisle struggled to adopt a relief agenda. Along with expanding unemployment benefits and stimulus …