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5 mins read
Mutual fund AUM crosses the Rs 60 lakh crore mark, SIP nos. and AUM touch all-time highs
As AMFI data further revealed, the number of new SIPs registered in June 2024 stood at a staggering…
5 mins read
Millions of student-loan borrowers are waiting for broad debt cancellation. The next president won't have any immediate answers.
Millions of student-loan borrowers were counting on debt cancellation under Biden. Then came the la…
Ayelet Sheffey
4 mins read
A personal finance expert answers the most troubling questions about Franklin Templeton mutual funds
“At the same time, mutual funds, especially in the fixed income segment, are facing continuous…
3 mins read
I was $180K in debt after not learning about money growing up. My kids will learn from my mistakes.
Growing up there was no talk about money and I didn't get financial literacy at school. I'm making …
Kimanzi Constable
3 mins read
Russia's economy faces 'near stagnation' with sanctions whittling down annual GDP growth, European economist says
Russia's economy could be losing as much as 3% of its GDP a year due to Western sanctions, a Europe…
Jennifer Sor
4 mins read
A millennial who made $170,000 secretly working two remote jobs says it helped him pay off about $50,000 in student loans
An Arizona-based millennial said secretly working a second remote job doubled his income and helped…
Jacob Zinkula
4 mins read
Meet the Gen Xers and boomers retiring with 6 figures of student debt that threatens their Social Security and savings
Some Gen X and boomer student-loan borrowers are staring down a retirement crisis where their savin…
Ayelet Sheffey,Juliana Kaplan
4 mins read
A millennial DINK couple gave up a combined six-figure income to take an adult gap year. They loved it.
A millennial couple quit jobs they loved in Canada to embark on a six-month break from work that th…
Maria Noyen
2 mins read
It is 'abundantly clear' student-loan payments should not resume next week if the government shuts down, Ayanna Pressley says
Resuming student-loan payments the same day as a government shutdown is "a recipe for disaster," Re…
Ayelet Sheffey
3 mins read
Why the US government could shut down this week and what would happen
The government is hurtling toward some historic firsts: a debt default and a government shutdown du…
Juliana Kaplan,Ayelet Sheffey
8 mins read
These student-loan borrowers qualify for debt cancellation through the government, but they're struggling to get the same relief on their private balances: 'I feel so defeated. I feel trapped.'
Biden forgave student loans for borrowers who went to schools accused of fraud. Private borrowers a…
Ayelet Sheffey
3 mins read
My fiancé was laid off months ago, and he's in debt. I'm now overworking myself to make ends meet.
Her fiancé was laid off and struggles to find a new job, so she's been overworking herself to compe…
Kelsey Herbers
2 mins read
One of the biggest student loan companies in the US gets approval to shut down its services
Navient is the third student-loan company to shut down its federal servicing this year, as Biden's …
Ayelet Sheffey
10 mins read
The Supreme Court shut down Biden's student loan forgiveness and refinancing startups are waiting to pounce
Private lenders promise big savings if you refinance your student loans — but the offers will…
Thomas Gokey
3 mins read
Banks aren't the only ones that hold risky commercial-real-estate debt. Pension funds are about to feel the pain, too.
Recent bank failures magnified risks of commercial real estate, which is also grappling with higher…
Al Yoon
5 mins read
Student-loan borrowers are taking on more debt, and it's not all tuition — blame skyrocketing housing costs
College towns have gotten so expensive that some students are going deeper into debt to afford hous…
Eliza Relman,Ayelet Sheffey
3 mins read
Mitch McConnell's Senate GOP votes for the US to default on its debt and for the government to shut down
Republicans are stepping up efforts to derail Biden's domestic agenda, and ensuring political brink…