Against a backdrop of persisting inflationary pressures, yields on longer-term bonds have been climbing, which experts say is likely to keep borrowing costs elevated — particularly for long-term fixed-rate loans such as mortgages. The yield on the U.S. 30-year Treasury bond hit 5.323% on Tuesday, a 19-year high, before edging down to just below 5.3%….
Sen. Bernie Sanders, I-Vt., speaks during a rally in support of the Biden administration’s student debt relief plan in front of the Supreme Court in Washington, Feb. 28, 2023. Drew Angerer | Getty Images Sen. Bernie Sanders, I-Vt., is pitching a new bill to stop seniors from having money withheld from their Social Security checks…
Royce Hall at University of California, Los Angeles, July 14, 2026. Kayla Bartkowski | Los Angeles Times | Getty Images With a growing number of colleges and universities costing more than $100,000 a year, higher education is slipping out of reach for many students, several reports now show. Just 12% of surveyed Americans say four-year…
Daniel De La Hoz | Moment | Getty Images Even as companies devote more resources to cybersecurity, the number of reported data breaches involving consumers‘ personal data is on pace to surpass last year’s record. More than 471 million million victim notices were associated with data compromises in the first half of 2026, according to…
Even as Federal Reserve Chairman Kevin Warsh implements measures to curtail so-called forward guidance — or how the Fed signals its future rate moves — investors are largely expecting an increase in interest rates in the months ahead. The central bank has kept rates on hold all year as officials deliberated next steps with inflation remaining well…
ViewApart | iStock | Getty Images As consumers look for ways to strengthen their financial footing, a new trend is gaining steam on social media — and, for once, it doesn’t involve buying anything. “Moneymaxxing,” a movement aimed at financial improvement, encourages people to maximize their budgets by trimming recurring expenses, redeeming rewards points —…
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…
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…
