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The Trump Administration settled with Missouri to permanently end the SAVE student loan repayment plan. Borrowers must switch to IBR or the new RAP plan by July 2028, and loan forgiveness is now taxable.
The CBO now projects Social Security's retirement trust fund will be depleted by 2032, accelerated by the One Big Beautiful Bill's tax cuts. Without congressional action, all beneficiaries face a 24% across-the-board benefit cut.
Enflame, Moore Threads, MetaX, and Biren Technology are racing to list on Chinese exchanges, with Moore Threads surging 425% and MetaX 693% on their debut days as Beijing accelerates semiconductor self-reliance.
Wealth management stocks plunged as Altruist's Hazel AI tax planning tool triggered fears that artificial intelligence could disrupt the advisory industry. Schwab fell 7.4%, Raymond James dropped 8.8%, and LPL lost 8.3%.
Barclays reports full-year pretax profit of £9.1 billion with 11.3% return on tangible equity, distributing £3.7 billion to shareholders as European banks continue outpacing Wall Street.
The SAVE repayment plan is being dismantled, student loan forgiveness is now taxable, and new federal borrowing limits take effect in July. Here is what millions of borrowers need to know and do before time runs out.
Moore Threads, MetaX, Biren, and Enflame—China's leading AI chip startups—have gone public or filed IPOs. What this means for global semiconductor competition.
Cox Automotive projects U.S. new vehicle sales will fall 2.4% to 15.8 million units in 2026, with EV market share stuck near 8% as tax credit expiration and consumer hesitancy slow adoption.
SEC Chairman Paul Atkins unveils 'Project Crypto' with a new token taxonomy and innovation exemption framework designed to make America the crypto capital of the world.
With federal tax credits expired and policy support waning, US electric vehicle sales are forecast to drop 29% in 2026—even as global EV adoption continues to accelerate.
Goldman Sachs raises US GDP forecast to 2.5% for 2026, above the 2.1% consensus, as tax cuts from the One Big Beautiful Bill Act offset tariff headwinds.
Enhanced ACA tax credits expired January 1, causing average premiums to surge 114% for 20 million subsidized enrollees. Some families face $2,500 monthly bills.