News Powered By AI
News Powered By AI
The Treasury Department proposed investment guidelines for Trump Accounts, tax-deferred savings vehicles for children, emphasizing low-cost index funds and broad market exposure to maximize long-term compound growth.
The Education Department is recalculating PSLF payment counts for some borrowers, reducing qualifying payments in certain cases and delaying forgiveness timelines through what officials describe as correcting prior coding errors.
A Metro Bank customer reports a £14,244 fraud involving unauthorized purchases of AI chatbot credits after the bank’s systems failed to block subsequent transactions following initial fraud detection.
Homeowners insurance premiums have surged faster than inflation across the country since 2018, with insurers increasingly dropping customers, making coverage harder to obtain and more expensive.
Married student loan borrowers face increased financial penalties under the Department of Education’s new Repayment Assistance Plan, as combined spousal income results in higher monthly payments under income-driven repayment options.
Ten state attorneys general are suing to block new federal rules that would allow certain banks to stop paying interest on mortgage escrow accounts that hold funds for property taxes and insurance.
