Since the pandemic started, the federal government has erased over $100 billion of student loan debt through a moratorium on loan repayments. President Joe Biden just extended that pause yet…
As the Biden administration is expected to reveal whether it intends to extend the moratorium on student loan payments or forgive student loan payments entirely, a new poll by CNBC/Momentive…
Nearly three quarters of business economists believe that the Federal Reserve will not be able to bring inflation back to its target of 2% in the next two years without…
The cost of raising a child to the age of 17 has climbed to $300,000, as the cost of necessities and childhood activities has skyrocketed with inflation, with those who…
When the government in Washington spends hundreds of billions of dollars in one massive bill — as it just has in the misnamed “Inflation Reduction Act” — the financial waste,…
The pharmaceutical innovation pipeline, which recently delivered the life-saving Covid-19 vaccines in record time, may be irrevocably broken. The so-called Inflation Reduction Act, which passed the Senate on Sunday and…
Rivian Automotive, an electric vehicle (EV) startup, reported on Thursday that its second-quarter net losses nearly tripled to $1.7 billion amid skyrocketing inflation and a price cap placed on EV…
Many Walmart shoppers who moved to more local budget options like dollar stores or Aldi when gas prices surged have not returned to Walmart, Reuters reported Thursday. Foot traffic fell…