The Trump administration is preparing to make significant changes to the Department of Education, which controls a $1.6 trillion portfolio of student loans, the third largest source of household debt in the United States. Over 44 million Americans have debts, and many ask what it would mean to remove the agency managing their debt. It

Major U.S. equity indices rose after President Donald Trump signed an executive order authorizing his agency to study reciprocal tariffs but not impose them immediately. Thursday’s market movement coincided with the release of the most recent Producer Price Index (PPI) data, which indicated an increase in wholesale inflation in January, mirroring a similar trend from

Major US equity indices were neutral on Wednesday as the latest Consumer Price Index (CPI) data revealed an unexpected increase in inflation in January. The S&P 500 fell 0.3%. The Dow closed 0.5% down, while the Nasdaq gained less than 0.1%. Westinghouse Air Brake Technologies (WAB) shares fell 9.1%, the highest of any S&P 500

More than 3.2 million people earned a legislative triumph thanks to a new law that would boost the Social Security payments for which they are eligible. However, many of those folks are now waiting for the additional benefit money. The Social Security Fairness Act was signed into law by then-President Joe Biden on January 5.