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Warren Buffett told CNBC he could end America’s deficit crisis ‘in five minutes.’ Would his solution still work in 2026?

I could end the deficit in five minutes,” he said. “You just pass a law that says that any time there’s a deficit of more than three percent of GDP, all sitting members of Congress are ineligible for re-election. Yeah,…
Government News

10-year Treasury yield moves higher after Iran reportedly stops communication with U.S.

The 10-year Treasury yield ticked higher on Monday as tensions ramped up between the U.S. and Iran, further clouding the prospects for a deal to end the conflict. The yield on the 10-year — the key benchmark for mortgages, auto loans and credit…
Press Release

Gil Singer: Tampa’s Veteran Debt Collection and Commercial Law Attorney

Gilbert “Gil” Singer is one of Tampa Bay’s most recognized attorneys in the fields of debt collection, creditors’ rights, and commercial litigation. With a career spanning more than four decades, Singer has built a reputation as a tenacious, creative, and…
Legal News

Nearly Fifty Debt Collector Calls in Two Weeks a Legitimate FDCPA Practice

A debt collector seeking to collect on a GAP credit card debt placed 49 telephone calls over the course of 18 days. The cardholder filed suit, arguing the calls constituted harassment under the Fair Debt Collection Practices Act (FDCPA). Specifically,…
Educational News

Student loan borrowers will have two new repayment options come July 1

Millions of federal student loan holders will have access to two new repayment options starting July 1, due to changes included in the One Big Beautiful Bill Act. As a result of the legislation, some student loan repayment plans are also going away. The Repayment…
Bankruptcy News

Americans are ‘entrenched’ in financial stress amid debt and price pressures 

Economic conditions like gas prices well above $4 a gallon, according to AAA estimates, and annual inflation nearing 4%, per the Bureau of Labor Statistics, are pushing Americans’ financial stress levels higher. The National Foundation for Credit Counseling expects Americans’ economic stress levels to tick…
Editorial News

S&P 500 jumps to a new record close as Micron shares lead tech rally

The S&P 500 and Nasdaq Composite rose to fresh intraday all-time highs on Tuesday, led by technology, as traders weighed the prospects of a potential U.S.-Iran deal being reached to end the war. The broad market index gained 0.61% and ended at 7,519.12, while…
Government News

Japan, China lead foreign government retreat from U.S. Treasurys as Iran war fallout stokes currency fears

Foreign governments cut U.S. Treasurys in March as the Middle East war forced central banks to liquidate dollar reserves, defending local currencies against an energy shock that sent exchange rates tumbling. China reduced its holdings to $652.3 billion, down roughly…
Editorial News

White House Executive Order Signals Major Shift in Federal Policy for Fintechs and Payment Systems

President Donald Trump issued another significant Executive Order affecting the financial services industry, this time directed at integrating financial technology innovation more directly into the U.S. regulatory framework. The Executive Order, entitled “Integrating Financial Technology Innovation into Regulatory Frameworks,” was signed on…
Legal News

Rising mortgage rates cause surge in demand for riskier loans

Mortgage rates continued to climb higher last week, dampening demand for loans from both current homeowners and potential homebuyers. They also pushed consumers to riskier loans that offer lower rates. Total mortgage application volume dropped 2.3% from the previous week,…