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More than 7 million student loan borrowers face deadline to leave Biden-era repayment plan. What to know

Student loan borrowers will soon be removed from the Saving on a Valuable Education, or SAVE, plan, the Trump administration announced on Friday. The Education Department said it would send guidance to the 7.5 million people who signed up for the now-defunct repayment plan.…
Editorial News

New Executive Orders Aim to Promote Access to Mortgage Credit and Expand Construction of Affordable Homes

On March 13, 2026, President Donald Trump signed two executive orders aimed at reducing barriers to homeownership. These executive orders follow his commitment in his State of the Union address in February that addressing housing affordability would be a priority…
Bankruptcy News

Private credit’s ‘zero-loss fantasy’ is coming to an end as defaults and fund exits rise

Deteriorating asset quality, collateral markdowns and a growing rush for the exits are rattling private credit markets and prompting comparisons to the Global Financial Crisis. But a spike in loan defaults, while painful, could help shake out pockets of stress…
Government News

A new oil shock is building. The next few weeks of war will be decisive for the economy.

The clock is ticking on the U.S.-Israeli war in Iran. The emerging view from oil industry executives and analysts is that the economic and market fallout from the war could escalate sharply if the Strait of Hormuz isn’t reopened within roughly the next…
Bankruptcy News

Private credit’s cracks open door for Wall Street banks’ comeback: ‘The tug of war is just starting’

Wall Street banks may finally be getting a long-awaited opening to claw back market share from private credit lenders. After a decade in which private credit lenders grew rapidly and took over a large share of financing for leveraged buyouts,…
Educational News

US appeals court orders end to SAVE student loan repayment plan affecting millions

A federal appeals court in the US has ordered the end of the Saving on a Valuable Education (SAVE) plan, a repayment programme introduced during the Biden administration that was used by millions of student loan borrowers. The ruling comes…
Legal News

9% of ACA health-care plan enrollees go uninsured after enhanced subsidies expire, poll finds

Many Americans are feeling the financial pain following the expiration of enhanced federal subsidies for Affordable Care Act marketplace health insurance. About 1 in 10 people — 9% — who were enrolled in an ACA marketplace health plan last year are now uninsured following…
Editorial News

Mortgage rates surge to highest since September, hitting spring housing market

Mortgage rates surged to their highest level since September on Friday as bond yields moved higher due to the war in Iran. The average rate on the 30-year fixed loan hit 6.41%, according to Mortgage News Daily. That is the…
Government News

U.S. deficit tops $1 trillion through February but runs below year-ago pace

The U.S. budget deficit surpassed $1 trillion for the fiscal year through February but was sharply lower than the same period a year earlier, Treasury Department data showed Wednesday. Outlays exceeded receipts by $308 billion in February, roughly in line…
Educational News

US Treasury Department taking over some student loans as Education Dept gets dismantled

The US Education Department is handing off a portion of its student loan portfolio to the Treasury Department, a first step toward shedding management of all student loans as Trump administration officials dismantle the federal education agency. Under an agreement…