Alexander Spatari | Moment | Getty Images With the fate of the Biden administration’s sweeping student loan forgiveness plan uncertain and headed to the Supreme Court, borrowers in New York state may have another option for relief. The ‘Get On Your Feet’ Loan Forgiveness Program, rolled out in 2015, is …
Read More »The ‘Mother of all bubbles’ has popped. This strategist sees a Fed-fueled recession in 2023.
If you think the Federal Reserve wouldn’t dare keep interest rates high and risk throwing the U.S. economy into recession, Keith McCullough would like to have a chat with you. He’s convinced that 2023 will bring a U.S. corporate profit recession and a credit crunch as businesses struggle to obtain …
Read More »Stocks making the biggest moves midday: 3M, Paccar, Bed Bath & Beyond, AMD and more
A woman walks near a Bed Bath & Beyond branch on January 11, 2023 in New York City. Leonardo Munoz | View Press | Corbis News | Getty Images Check out the companies making headlines in midday trading Tuesday. Lyft — The ride-sharing app’s stock added 1.5% following an upgrade …
Read More »Greedflation: ‘Entirely possible’ that food brands are profiteering from price hikes, says Tesco chairman
Consumers have been feeling the pinch from higher food prices as inflation soars. Nathan Stirk | Getty Images News | Getty Images As inflation continues to push up grocery bills, supermarket chain Tesco has warned that some food producers may be taking advantage of the situation by raising prices more …
Read More »Retiring in a Slowing Economy? 3 Steps Can Help You Prepare
People considering retirement in the near future, as well as early retirees, will likely need to navigate some choppy waters during these times. A slumping stock market, a slowing economy and a Federal Reserve that has signaled further increases in interest rates to combat inflation require retirees to make smart …
Read More »