Despite positive indicators of economic growth in the United States, a significant portion of the population feels otherwise. According to a recent survey conducted by Affirm, nearly 3 out of 5 Americans believe that the country is currently experiencing a recession. This perception is fueled by factors such as increased costs of living and financial
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As President Joe Biden exits the election race, all eyes turn to Vice President Kamala Harris as the likely Democratic nominee. Experts are eagerly anticipating her unveiling of tax policies, which are expected to align closely with Biden’s proposals of increased taxes on the affluent and corporations. Harris has yet to provide a detailed economic
As Gen Xers begin to hit age milestones that allow them to access certain retirement funds penalty-free, it is crucial for them to make informed decisions. The age of 59 ½ marks the point at which individuals from this generation can start withdrawing money from their IRAs and 401(k)s without facing penalties. Additionally, those who
In good times and in bad, pop music has always reflected the world around us. Despite the current positive economic indicators showing an expanding economy and low unemployment rates, recent hit songs seem to paint a different picture. Artists like Taylor Swift and Beyoncé have tapped into themes of frustration, financial vulnerability, and worker burnout
As former President Donald Trump secures the Republican presidential nomination, both political parties are eyeing Project 2025, a multi-pronged policy plan created by conservative think tank The Heritage Foundation as a collective effort with more than 100 other right-leaning organizations. The plan, outlined in the roughly 900-page “Mandate for Leadership,” calls for sweeping changes to
Companies like the Consumer Financial Protection Bureau (CFPB) have started keeping a close eye on earned wage access programs. These so-called paycheck advance programs have become increasingly popular among workers in recent years. What analysts initially referred to as earned wage access programs, some felt that they were being put through the guise of offering
In a recent development, a federal appeals court has issued an order temporarily halting the implementation of the Biden administration’s new student loan repayment plan, known as SAVE. This court ruling has put a pause on the entire Saving on a Valuable Education plan, which was hailed as the most affordable student loan plan ever
Social Security stands at a crucial juncture, with its combined trust funds projected to last until 2035, after which significant reductions in benefits may occur. The retirement benefits fund, on the other hand, is expected to run out as early as 2033, exacerbating the looming crisis. Both President Joe Biden and former President Donald Trump
In a world where workplace engagement has been on a steady decline, it is no surprise that the phenomenon of “quiet quitting” has become more prevalent. According to a recent Gallup poll, only one-third of employees are truly engaged in their work, while 50% are not engaged, and 16% are actively disengaged. This shift in
The Social Security Administration is taking steps to improve its online services by transitioning account holders to Login.gov. This move aims to ensure continued access to online Social Security services for both current beneficiaries and individuals who are not yet receiving benefits. By logging in and updating your account, you can take advantage of features