Officials said that the Education Department would begin collecting next month for student loans in default. This could include garnishing the wages of millions of potential borrowers. Around 5.3 million federal student loan borrowers are in default. The announcement by the Trump administration marks the end of a period that began with the COVID-19 epidemic. Since March … [Read more...] about Federal Student Loans in Default Headed to Collections This May
Finance
Zuckerberg Sold Millions in Stock Before Tariff-Driven Market Slide
Bloomberg reports that JPMorgan Chase CEO Jamie Dimon and Meta founder and CEO Mark Zuckerberg, as well as Oracle Corp. Chief Safra Katz, were among the notable insiders to unload billions of dollars' worth of stock before President Donald Trump’s April 2nd tariff announcements started whipping up markets. In January and February, when the stock of his company was worth over … [Read more...] about Zuckerberg Sold Millions in Stock Before Tariff-Driven Market Slide
What’s Behind the Growing Push to Eliminate Property Taxes Across the U.S.?
Do we own our homes and lands if they require us to pay annual property taxes? It could be argued that we're leasing our properties from the government if we have to pay property taxes on them every year. The movement to abolish property taxes is growing. Fiscally conservative leaders are pushing for the elimination of property taxes in several states as Tax Day … [Read more...] about What’s Behind the Growing Push to Eliminate Property Taxes Across the U.S.?
Trump Unveils Aggressive Plan to Slash Surging Gas Prices
The Daily Mail reported that President Donald Trump said this week he would work with Republicans in Congress to help ease the pain Americans feel at the gas pump as global uncertainty and seasonal patterns continue to drive up prices. According to AAA, on Thursday the average national gasoline price was $3.165 a gallon. This is up from $3.125 per gallon a month earlier, but … [Read more...] about Trump Unveils Aggressive Plan to Slash Surging Gas Prices
Final Madoff Fund Payout Recovers Nearly 94% of Ponzi Scheme Losses, DOJ Reports
The Department of Justice announced that the 10th and final payment from a fund set up for the victims of late Ponzi scheme king Bernie Madoff was made on Monday. More than 23,000 victims will receive the last disbursement of $131 million. The DOJ stated that when the fund is finished, it will have distributed more than $4.3 million to over 40,000 victims across nearly 130 … [Read more...] about Final Madoff Fund Payout Recovers Nearly 94% of Ponzi Scheme Losses, DOJ Reports
