One Way Gen Z Finds Stress Relief? Overspending on Treats.

Any excuse is good enough for young adults to treat themselves, whether it’s failing an exam, getting a “job well done” from a boss or simply washing the dishes.

News
Uncle Nearest Whiskey Is in a Fiscal Bind

A federal judge has ordered that Uncle Nearest be placed in receivership, after a lender claimed the company’s finances are in disarray.

News
China Is a Nation of Savers. Many Are Drowning in Debt.

As Beijing pushes consumer lending to stimulate the economy, millions of Chinese borrowers, especially the young, are falling into debt spirals.

News
What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

News
5 Money Mistakes That Can Put Retirement Farther Off

Even people with employee-sponsored retirement plans still find it difficult to save for the future when faced with present-day desires.

News
Judge Scraps Rule Eliminating Medical Debt on Credit Reports

The Trump administration joined with trade groups to ask a court to overturn a Biden-era rule that aimed to limit the impact of unpaid medical bills on consumers’ credit history.

News
Trump Wants Lower Rates. Firing Powell Could Push Them Higher.

Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher returns if the central bank’s independence comes into question.

News
France Proposes Cutting Two Public Holidays to Avert Budget Crisis

Drastic measures are necessary “before we are crushed by the debt,” the country’s prime minister warned.

News
Student Loan Repayments Are About to Look Very Different

By next summer, new borrowers will have just two repayment options, streamlining the previous menu to pay off higher-education debt. Here’s what to know.

News
New Student Loan Limits Could Leave Some Short. Who Will Help?

The federal cap on the amounts people can borrow means some of them will fall short. That’s especially true for students in professional schools.

News