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Just when it seemed as if student loan relief could help roughly 43 million Americans, including 20 million who could have their student loan debt completely forgiven, the initiative is facing a major stumbling block: a lawsuit calling the policy “an abuse of executive power.” By Dawn Allcot Inflation Relief Checks: When Will You Get Yours?Student Loan Forgiveness: Mark These 4 Dates On Your Calendar Now According to a report from CNN, nonprofit libertarian law firm Pacific Legal Foundation filed the suit on behalf of Frank Garrison, a lawyer for the firm, in the U....

The freshly baked holiday treats fill your kitchen. The outside lights twinkle. You hung the stockings by your chimney with care, and the Christmas tree is decorated to perfection. A productive first weekend of December in the books, indeed. By Jami Farkas For the Kids Electronics Home Now, it’s time to finish off that Christmas shopping, and you might head to Target for that. Not a bad idea considering that the store has dozens of gifts for others – and yourself – on special throughout this first full week of December....

For many students, college simply wouldn’t be possible without student loans. While they are a saving grace for many young people, eventually the day comes when it’s time to pay them off, and that can bring stress and financial strain if you’re not strategic about it. Here we look at several millennials who have successfully, or nearly, paid off their student loans. Read on to find out their tips on how to go about it....

Last year saw big crowds, congested highways and full airplanes as tens of millions of Americans celebrated their own liberation from the pandemic. There were worries that creeping inflation would keep people home as the price of gas, meat and just about everything else ticked up — but the pessimists would not be vindicated. Inflation, after all, isn’t always bad — and it’s far from the only economic phenomenon that involves changes in the cost of stuff and the value of money....

A trade deficit occurs when a country imports more than it exports — and that’s a good thing for a national economy. Or a terrible thing. Or it might not matter one way or the other. Trade deficits are so complex that economists can’t even agree on if they’re helpful or harmful. But if deficits are as terrible as some would have you believe, America is in deep trouble. The richest country in the world has run a trade deficit every single year since 1976....

Retirement is a unique time in life where you can set down the burdens of work and live at a more leisurely pace. If you like pastoral beauty and a slower pace of life, the United States’ northeastern states offer several nice cities that will fit with the budget you probably have on a fixed income. By Jordan Rosenfeld Check Out: 5 Best Southern Cities To Retire on a Budget of $1,500 a MonthTips: 5 Things You Must Do When Your Savings Reach $50,000...

Very few people are good with finances in their 20s, and it totally makes sense. Most people go straight from living with their parents to having to make all of their own decisions around money, and there’s definitely a learning curve. By Sam DiSalvo See: 10 Things You Should Always Buy at WalmartFind: Here’s How Much Cash You Need Stashed If a National Emergency Happens Though there is some room for error, other mistakes you make in your 20s can jeopardize your future....

With Thanksgiving just around the corner, one of the things many investors are giving thanks for is a handful of outperforming stocks. With the S&P 500 index still down about 17% YTD as of Nov. 18, even stocks that are flat on the year are worth celebrating. By John Csiszar Holiday Spending: Get Top Holiday Shopping and Savings TipsAdvice: 5 Things You Must Do When Your Savings Reach $50,000 The names listed below have gone above and beyond in 2022, though, and more may still lie ahead....

By Jenny Rose Spaudo The Future of Finances: Gen Z & How They Relate to MoneyLearn: If Your Credit Score Is Under 740, Make These 4 Moves Now 1. Designer Clothing Name-brand clothing is the top item that Holly Johnson — budgeting expert, freelance writer and author of “Zero Down Your Debt” — refuses to buy. Johnson has been earning a six-figure income since she quit her job to write full time a decade ago....

Workwear clothier Argent teamed up with Time’s UP Now and LinkedIn to lead a #BackToWork campaign in an effort to get “hundreds of women hired” while also raising awareness of how the pandemic has disproportionately affected women. By Yaёl Bizouati-Kennedy See: COVID-19 Has Totally Undone Decades of Progress for Women Workers Find: What The First Year of The Pandemic Looked Like for The Working Mom “As our recovery continues, we must center the voices of women to build a more equitable and sustainable economy–one that offers safe, fair, flexible, and dignified opportunities for women of all kinds....

Is Cathie Wood’s ARK Innovation exchange-traded fund (ARKK) a sinking ship? Many analysts and media sources are saying it could be after it hit an 18-month low, falling 38% in the last 12 months, Time reported. Last week, it experienced its largest single day of outflows in 10 months, losing $352 million, according to SeekingAlpha. By Dawn Allcot See: Goldman Sachs Future Tech Leaders Equity ETF Could Take On Ark Invest’s Innovation ETFFind: Should You Keep Your Money in the Bank or Invest in the Stock Market?...

Supreme Court Associate Justice Clarence Thomas, who was appointed to the U.S. Supreme Court in 1991 by then-President George H.W. Bush, is currently the longest serving member of the Supreme Court. He is also the second Black man to serve on the Supreme Court. The first was Thurgood Marshall, who Thomas replaced. By Dawn Allcot See: How Much is Ted Cruz Worth?Explore: How Rich Are President Joe Biden, VP Kamala Harris and the Wealthiest US Politicians?...

After an increase in October, consumer confidence decreased in November, and now stands at 109.5, down from 111.6, the Conference Board reported Tuesday, Nov. 30. The Present Situation Index, which is based on consumers’ assessment of current business and labor market conditions, fell to 142.5 from 145.5 last month. The Expectations Index, representing short-term outlook for income, business and labor market conditions also fell, from 89 to 87.6. By Georgina Tzanetos See: How Much Do Eggs, Bacon and Other Goods Cost Now Compared to 2020?...

By Chris Cluff Take Our Poll: Do You Tip for Service? Some of the key results of our survey: Two-thirds of people typically tip at least 20% for good service Over 56% of people still tip at least 15% even when service is bad Two-thirds of people ages 25-34 tip 15% or more even when service is bad 16% don’t tip at all if service is bad See our tipping series:...

Earnin Overview According to its website, Earnin was “born out of a clear need to change a financial system that leaves millions of people behind.” With Earnin, you can cash out up to $100 per day and Earnin withdraws it (plus any tips you give) from your bank account on your payday. Use Earnin and you won’t have to pay interest, any mandatory fees or costs. Instead, the company relies on its customers tipping an amount they feel is fair when they use the app....

By Gary Dudak The Big Lead: April Inflation The Consumer Price Index (CPI) indicates that inflation is slowing, but just slightly. The CPI rose 8.3% year-over-year in April, not seasonally adjusted, compared to historic increases in February and March 2022. As you may recall, March’s 8.5% increase was the greatest increase since December 1981. Read the full story here More From Your Money: Choose a high-interest saving, checking, CD, or investing account from our list of top banks to start saving today....

Approximately 75 years ago, Sen. J. William Fulbright of Arkansas introduced legislation to establish the Fulbright Program, which was created to promote diversity, equity and inclusion through international understanding and collaboration between the U.S. citizens and people in other countries across the globe. The legislation was subsequently passed by the U.S. Congress, and on Aug. 1, 1946, U.S. President Harry S. Truman established the program by signing it into law....

It’s easy to get carried away when buying gifts for your kids. After all, you want to give them a memorable and joyful holiday. However, you don’t need to buy every gift on their wishlist to be a good parent — and you especially shouldn’t do this if it will cause you to take on any debt. Here’s how to avoid overspending on your kids during the holidays. By Gabrielle Olya Food Stamps: What Is the Maximum SNAP EBT Benefit for 2023?...

Pandemic fatigue is wearing off and Americans’ wanderlust is kicking in. Be careful, though — with summer approaching, there are renewed warnings about scams on vacation rentals and tips on what you can do to avoid them. By Yaёl Bizouati-Kennedy See: 13 Best Items To Buy in Bulk at Sam’s Club This SummerFind: Here’s How Much Cash You Need Stashed If a National Emergency Happens New York Attorney General Letitia James said that consumers should be mindful of scammers who misrepresent rentals or list fake homes online that do not actually exist, tricking people into paying and leaving them with nowhere to stay....

After nearly two years since the federal student loan forbearance went into effect, payments are set to resume May 1. A new survey by the Student Debt Crisis Center found that 93% of student loan borrowers aren’t prepared for loan payments to restart, CNBC reported. By Josephine Nesbit Find: 8 Work-From-Home Companies That Will Help You Pay Off Your Student Loans Find: As S&P Corrects, Long-Term Investors Should Look at Down Days as Sales...