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Educational News

Remarks by U.S. Secretary of Education Miguel Cardona on Nation’s Report Card

Good afternoon; and thank you. As your Secretary of Education, I want to be very clear: the results in today’s Nation’s Report Card are appalling and unacceptable—they are a reminder of the impact this pandemic had on our learners, and…
Government News

Mortgage rates fall sharply to under 7% after inflation eases

Mortgage rates fell sharply Thursday after a government report showed that inflation had cooled in October, prompting a decline in bond yields. The average rate on the 30-year fixed plunged 60 basis points from 7.22% to 6.62%, according to Mortgage News Daily.…
Editorial News

Democrats Can’t Count on Trump in 2024

We’re still waiting for the final results of the 2022 election. But it’s clear that Democrats decisively beat both expectations and the elections’s “fundamentals”—the incumbent party’s usual midterm losses, President Biden’s low approval rating, high inflation, voter negativity on the…
Bankruptcy News

Top US banks hike lending rates to highest since 2008; Lira at record low

Three major US banks are raising their prime lending rates to the highest levels since the global financial crisis of 2008, following a hefty interest rate hike by the US Federal Reserve. JPMorgan Chase & Co, Citigroup Inc and Wells Fargo &…
Legal News

Housing market in the United States headed for major slowdown

U.S. home prices are finally falling from record highs notched earlier this year, and they are likely to see even steeper declines in coming months as the Federal Reserve ratchets up its fight against inflation. Prices are already posting the…
Educational News

Government Awarding $1 Billion to Schools for Electric Buses

Nearly 400 school districts across the country are receiving grants totaling about $1 billion to purchase 2,500 “clean” school buses under a new federal program. By MATTHEW DALY Associated Press WASHINGTON (AP) — Nearly 400 school districts spanning all 50…
Government News

Biden, Democrats ‘in a much worse position’ in midterms with tax and spend agenda: Grover Norquist

As President Biden and the Democratic Party still have plans to pump money into the U.S. economy, one tax expert is signaling that a Republican congressional majority could “absolutely” ease Americans’ financial stress. “Here’s the good news – we’ve done this…
Government News

US housing recession could send home prices tumbling 20%, economist says

Megan Henney, September 23, 2022 NC State Endowment Committee member Dennis Gartman and Payne Capital Management president Ryan Payne debate how an aggressive Fed could impact markets on ‘Mornings with Maria.’ U.S. home prices are finally falling from a record…
Bankruptcy News

56% of Americans think the U.S. is already in a recession

Lorie Konish, September 23, 2022 Investor Toolkit Both expert and everyday investors are worried a recession is coming. The good news is there are steps you can take now to limit the negative impact a downturn may have on your…
Educational News

Student loan forgiveness: Here’s the estimated number of eligible borrowers by U.S. state

Ronda Lee, September 21, 2022 The federal government this week unveiled how many student loan borrowers in each state, Washington, D.C., and Puerto Rico are eligible for President Joe Biden’s debt forgiveness, while also reiterating how cancellation could help narrow…