As the U.S. presidential election approaches, strategists are predicting an increase in stock market volatility. This has left many investors feeling anxious about the potential impact on their finances. In fact, a recent survey by the American Psychiatric Association revealed that 73% of respondents reported feeling anxious about the election. This anxiety has led some
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It is evident that job seekers are increasingly losing confidence in the state of the job market, with a recent survey by ZipRecruiter indicating a significant decline in Q2 2024. This decrease in confidence reflects a growing pessimism among workers regarding their ability to secure their desired jobs. Just a few years ago, workers experienced
The year 2025 is expected to bring a decrease in the typical worker’s annual raise, as reported by a new poll conducted by WTW, a consulting firm. The average pay raise for workers in 2025 is projected to be 4.1%, which is down from 4.5% in the previous year. This decline in annual raises reflects
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
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