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A Gen Xer who got $250,000 in student loans forgiven said he can now finally start saving for retirement — and consider his dream of studying in India

Sun, 04/21/2024 - 06:18

Tech Insider : Economy, Economy, Politics

Joel Lambdin — Joel Lambdin, 49, got $250,000 in student loans forgiven.
Joel Lambdin

economy, finance, economy, politics, Policy, student-debt, student-loans

Student-loan borrowers have delayed buying a home or car, having kids, and getting married because of their debt — even for those with balances smaller than $10,000

Wed, 04/17/2024 - 05:46

Tech Insider : Economy, Economy, Politics

College graduates — College graduates.
Robyn Beck/AFP via Getty Images

economy, finance, economy, politics, Policy, student-debt, student-loans

Gen Xers think they'll need $1.56 million to live comfortably in retirement, a survey found

Thu, 04/04/2024 - 10:14

Tech Insider : Economy, Politics, Economy

Woman sitting on bench — Americans think they need $1.46 million to retire comfortably, per a Northwestern Mutual survey.
Marcus Lindstrom/Getty Images

economy, politics, economy, Policy, Retirement, gen-x, Millennials

There might be a better way for colleges to honor legacies without giving them preference in admissions

Tue, 04/02/2024 - 04:19

Tech Insider : Economy, Economy, Politics

Student sitting on campus — Getty Images

economy, economy, politics, Policy, Education, legacy-admissions, supreme-court

Republican budget proposal would do away with universal free school lunches

Sun, 03/24/2024 - 16:47

Tech Insider : Politics, Politics

A girl carries a school lunch tray. — A girl carries a school lunch tray.
Tetra Images via Getty Images

politics, politics, lunch, school-lunch, Policy, Republicans, Conservatives

Markets are eyeing a June rate cut. Here's what Fed officials have said on policy, jobs, and inflation that point to the next steps.

Wed, 03/13/2024 - 12:13

Tech Insider : Economy, Economy

Fed Chair Jerome Powell — Federal Reserve Board Chairman Jerome Powell speaks at the Economic Club of New York.
AP/Mark Lennihan

economy, Markets, mi-exclusive, Markets, economy, federal-reserve, fed-rate-cuts

China's real-estate slump is about to get worse

Wed, 03/06/2024 - 11:29

Tech Insider : Economy, Economy

People walk past an Evergrande Group residential complex called Evergrande Palace in Beijing on January 30, 2024. — Capital Economics forecast tumbling real-estate construction in the years ahead for China.
Pedro Pardo/AFP/Getty Images

economy, Markets, Markets, economy, real-estate, China, china-economy

China is the only major economy dealing with deflation

Fri, 03/01/2024 - 10:13

Tech Insider : Economy, Economy

crowd shanghai china — Chinese national flags are seen as tourists crowd along the Nanjing Pedestrian Road, a main shopping area, on a national holiday in Shanghai on October 4, 2014.
REUTERS/Aly Song

economy, Markets, economy, China, china-outlook, china-economy, Beijing

Fed rate hikes are creeping back into the conversation

Wed, 02/21/2024 - 12:18

Tech Insider : Economy, Economy

jerome powell — Fed rate cuts are creeping back into the conversation, in part thanks to Larry Summers' comments.
Jacquelyn Martin/AP

economy, Markets, economy, Markets, federal-reserve, rate-hikes, interest-rates

An incredible new map could help bring down America's sky-high home prices

Wed, 02/21/2024 - 05:27

Tech Insider : Economy, Politics

Houses rising out of a map — Adrián Astorgano for BI

economy, Real Estate, Discourse, politics, Cities, Housing, Policy

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