Tom Werner | Digitalvision | Getty Images As borrowers come up against new federal limits on student debt, they may encounter financing options from an unexpected source: their state. But don’t assume these government-backed loans are a close substitute for federal student loans. Consumer advocates say state student loans are more akin to private student…
Tesla EVs recharge at a Tesla Supercharger station on July 2, 2026, in South Pasadena, California. Mario Tama | Getty Images Prices for used electric vehicles are doing something unusual — and the dynamic poses both good and bad news for consumers, according to automotive experts. Generally, used car prices depreciate over time. Indeed, as…
Prospective homebuyers eyeing a condominium may soon discover that mortgage lenders are as interested in the condo building as they are in the buyer. New condo-lending policies taking effect on Aug. 3 from Fannie Mae and Freddie Mac — government-sponsored enterprises that purchase qualifying mortgages on the secondary market — mean that some purchases could…
Linda McMahon, US education secretary, speaks during a roundtable on education at the Department of Justice (DOJ) in Washington, DC, US, on Thursday, June 11, 2026. Al Drago | Bloomberg | Getty Images Hundreds of thousands of student loan borrowers have gotten their debts forgiven, or soon will, due to a $23 billion class-action settlement…
Federal Reserve Chairman Kevin Warsh concludes a news conference after a meeting of the Federal Open Market Committee, June 17, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images The Federal Reserve is expected to hold interest rates unchanged at its upcoming July meeting — as higher energy prices and renewed tensions with Iran have complicated the picture for…
The American Dream, much like the country it inspires, is in a state of constant change. Ask 100 people what the ideal means to them, and you’ll likely get just as many answers. Most might agree, for example, that the American Dream includes achieving financial stability or being happy, but what that looks like is…
Me 3645 Studio | Moment | Getty Images Some high-earning investors who deferred capital gains taxes through a special set of funds will soon have a tax bill coming due. Authorized by the Tax Cuts and Jobs Act of 2017, Opportunity Zones are economically distressed communities nominated by states and certified by the Treasury Department….
A man looks over the plunging stock market indices at the Nasdaq MarketSite, December 20, 2000, in New York City’s Times Square. Chris Hondros | Hulton Archive | Getty Images While baby boomers hog most of the attention in conversations about retirement, Gen Xers are marching toward the same destination, and in many cases, without…
Alistair Berg | Digitalvision | Getty Images There have been some lofty claims made about cryptocurrency in the past, including that it will replace government-issued money, prove as groundbreaking as the smart phone and democratize the financial system. But most investors point to a fairly ordinary reason for holding the digital assets: to diversify their…
Asia-pacific Images Studio | E+ | Getty Images The Federal Reserve sets national interest rate policy. But the U.S. central bank isn’t the only major player in this arena: Bond investors also have a big influence on consumers’ borrowing costs. Many types of consumer loans — such as mortgages and auto loans — often peg…
