In a recent turn of events, federal judge Myong J. Joun has intervened in President Trump’s contentious plan to shuffle over $1.6 trillion in student loans from the U.S. Department of Education to the Small Business Administration (SBA). This political maneuver, which some may call reckless, was aimed at reshaping the management of federal student
admin
In an era where customer loyalty should reign supreme, deciphering the mind of Southwest Airlines has become an unsettling venture. What was once a unique selling point—a hallmark of the company’s customer-centric ethos—is now being dismantled piece by piece. The airline’s recent announcement to start charging for checked baggage is a glaring sign of a
In the rapidly evolving realm of electric vehicles (EVs), competition is not just fierce; it is evolving into a battleground where traditional metrics of success are being rewritten. Over the past few years, the automotive landscape has witnessed a monumental shift, with tech companies like Xiaomi, primarily known for its innovative smartphones, venturing into the
The burgeoning U.S. national budget deficit has sent ripples through financial markets, leading to increased volatility and caution among investors. As stocks take a pummeling, it’s easy to yield to despair; however, seasoned investors recognize that such downturns can unveil ripe opportunities. When the market corrects, it’s often the shrewd investors who seize the moment,
The financial landscape for families saving for college has been anything but stable lately. The recent volatility in the markets, driven significantly by President Donald Trump’s fluctuating tariff policies, presents a critical challenge for parents who have nurtured their 529 college savings plans with the hope of securing a brighter future for their children. While
Becoming a homeowner is often hailed as a significant personal achievement and financial milestone. However, nestled within the euphoria of acquisition lurks a hidden but pivotal detail: property tax assessments. For new homeowners, the thrill of finally stepping onto the property ladder can obscure the fact that your property tax assessment may significantly deviate from
Owning mutual funds can often feel like holding a ticking time bomb, where unpredictable year-end payouts can lead to unwelcome surprise tax bills. This is particularly disquieting because investors may find themselves on the hook for taxes even without having sold a single unit of the underlying investment. Such a scenario can easily cause anxiety
The announcement of President Donald Trump’s recent executive orders heralded a significant surge in nuclear power stocks, revealing the volatile excitement that surrounds energy policy in the United States. Advanced reactor companies like Oklo and NuScale experienced gains exceeding 27% and 18%, respectively. While such figures may please stockholders, they deeply reflect the emotional highs
In a world governed by complex financial systems and interconnected economies, even a single political figure’s proclamations can cast long shadows over fiscal stability. Recently, Chicago Federal Reserve President Austan Goolsbee has expressed concerns about the erratic policy landscape shaped by President Donald Trump’s tariff threats. While Goolsbee sees a long-term trend toward lower interest
The financial technology landscape has witnessed dramatic upheavals in the past couple of years, and with the recent closure of Mint, an iconic budgeting tool, auto-pilot models in personal finance are being put under the microscope. Mint, once the gold standard in consumer fintech, is now defunct, leaving a void that many anticipated would destabilize