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5 mins read

Why the interest-rate cut isn't delivering the relief consumers were hoping for

The 10-year Treasury yield went above 4%, leaving consumers facing high borrowing costs despite the…

Dan DeFrancesco   


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2 mins read

The SBA can't help business owners hit by Helene, Milton until Congress comes back post-election

The Small Business Administration can't make disaster loans to businesses, homeowners until Congres…

Catherine Boudreau   


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8 mins read

Invasion of the dogs: How surging canine ownership is reshaping cities and businesses

A growing obsession with canines is shaping our built environments, from bars to apartments to your…

Juliana Kaplan,Eliza Relman   


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2 mins read

SARS-CoV-2 proteins have been found hiding in blood of long COVID patients. Can this explain the persistent infection?

A Harvard study found that 43% of long COVID sufferers had these proteins, suggesting persistent in…

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1 min read

Why higher demand for sausage might be the latest sign the US economy is slowing

A food manufacturer in Texas said its seen rising demand for sausage, a sign the economy is slowing…

Kelly Cloonan   


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3 mins read

Cries are getting louder for emergency interest-rate cuts this week, something that's been reserved for pandemics or terrorist attacks

Friday's jobs report triggered a key recession indicator, prompting calls for an emergency interest…

Ayelet Sheffey   


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3 mins read

Biden's Education Department reveals the 4 groups of student-loan borrowers it's prioritizing for its second attempt at debt relief

The Education Department is moving forward with its second attempt at student-loan forgiveness. It'…

Ayelet Sheffey   


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3 mins read

It doesn't look like broad student-loan forgiveness will happen under Biden's new debt relief plan

While the Education Department said some student-loan borrowers could see all their debt wiped out …

Ayelet Sheffey   


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3 mins read

Student-loan borrowers who qualified for the first debt-relief plan are not yet guaranteed relief under Biden's new route

The Education Department said it would "explore policy options" to help "as many people as possible…

Ayelet Sheffey   


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4 mins read

All the ways student-loan borrowers can get help on their monthly payments — and new relief to look out for next year

For the first time in over three years, millions of student-loan borrowers are facing a monthly bil…

Ayelet Sheffey   


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1 min read

CHART OF THE DAY: The extra money people saved during COVID is almost gone

"The sunset of government stimulus and relief programs and diminishing savings should result in hig…

Matthew Fox   


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6 mins read

America's big cities are about to run out of money

Cities like Denver, Boston, New York, and San Francisco are facing budget crunches as tax revenues …

Emily Stewart   


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4 mins read

Here's where funding comes from for guaranteed basic-income programs giving money with no strings attached to low-income Americans

Basic income programs in San Antonio, Austin, Denver, and Atlanta draw funding from federal relief,…

Allie Kelly,Noah Sheidlower   


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3 mins read

Student-loan borrowers could benefit from Biden's new debt cancellation plan as early as this fall. Here's what you need to know.

Over 30 million student-loan borrowers could benefit from Biden's new debt relief plan after the Su…

Ayelet Sheffey   


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3 mins read

Where student-loan forgiveness now stands for millions of borrowers one year after Biden announced his broad debt relief plan

A year ago, Biden announced his broad student-debt cancellation plan. Here's where things stand aft…

Ayelet Sheffey   


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3 mins read

A $0 monthly student-loan payment could hurt some borrowers in the long term. An upcoming policy could change that.

The Philadelphia Fed found that having a $0 monthly student-loan payment helps borrowers who need i…

Ayelet Sheffey   


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1 min read

If you're under 40, Biden's latest student-debt relief plan probably isn't much help

The Biden Administration said it would forgive $39 billion of student debt for about 800,000 eligib…

George Glover   


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3 mins read

The Supreme Court strikes down Biden's student-loan forgiveness plan, blocking debt relief for millions of borrowers

The Supreme Court ruled Biden's student-loan forgiveness is illegal, meaning borrowers will resume …

Ayelet Sheffey   


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2 mins read

Ayelet Sheffey   


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6 mins read

San Antonio experimented with giving people $5,108, no strings attached. They spent it on housing and school supplies for their kids.

San Antonio is one of several US cities that has piloted basic-income programs to assist low-income…

Allie Kelly,Noah Sheidlower