The national debt is a hot topic, and for good reason. It's growing, and that's a problem we can't ignore. Mary Childs, a journalist from Planet Money, recently shared her thoughts on why we should be concerned about this issue. In a recent discussion, Childs joined a panel that included Felix Salm
Denver's leaders are pushing for more bonds to fund new parks, recreation centers, and roads. But bonds are not free money. They are loans that must be repaid with interest. This means that every time the city takes on more debt, it is the taxpayers who will ultimately foot the bill. Bonds are ofte
Susan Collins, who leads the Federal Reserve Bank of Boston, thinks the economy is strong enough to handle tariffs without needing quick action from the Fed. She believes businesses and households are in good shape, which might help soften the blow of higher tariffs. This gives the Fed time to caref
The job market for recent college graduates has seen a significant shift in the past few years. Those who graduated in 2021 and 2022 entered a booming job market with low unemployment rates. However, the situation has changed. By March, the unemployment rate for recent graduates had risen to 5. 8%.
The past few years have been tough for people with student loans. The hope for widespread debt forgiveness is gone, and the break for those who defaulted on their loans ended in May. Now, the government is taking money from wages, tax refunds, and benefits of those in default. This could hurt millio
President Donald Trump recently took to Truth Social to criticize Elon Musk, suggesting that the Department of Government Efficiency (DOGE) should review the subsidies given to Musk's companies. Trump claimed that Musk receives more subsidies than anyone in history and that without them, Musk's busi
Some former employees of the National Oceanic and Atmospheric Administration (NOAA) are in a tough spot. They were fired, then rehired, and then fired again. Now, they're getting bills for health insurance they never had. The workers say they received letters demanding payment for health care premi
At Home, the company known for selling home decor and furniture, is going through a big change. The firm has more than 200 stores across the United States. They have decided to file for Chapter 11 bankruptcy. This move is part of a plan to fix their financial problems. The goal is to get rid of $2
The Republican Party in the Senate has a new plan. It wants to change how students pay back their loans. Some experts think this could lead to big problems. They worry that many students might struggle to pay back their loans. This could even cause a huge increase in loan defaults. The Senate Commi
The Education Department has decided to stop taking money from the Social Security checks of people who haven't paid back their student loans. This is big news for many older Americans who were worried about losing part of their income. The government had recently started collecting these overdue lo
