Student loan borrowers in default face wage garnishment

A student studies in the Perry-Castaneda Library at the University of Texas at Austin on February 22, 2024 in Austin, Texas.  Brandon Bell | Getty Images When the Trump administration first announced in April that it would soon resume student loan collection efforts, it said notices for wage garnishment would resume “later this summer.” It’s…

Read More

O’Leary calls December jobs report ‘soft'

Entrepreneur Kevin O’Leary said Friday that job gains in December were “modest,” but said he is optimistic about the U.S. economy in 2026. The US added 50,000 jobs last month, while the unemployment rate fell to 4.4 percent. “Fifty thousand was soft, there was no way to get around it. You want it to be…

Read More