President Donald Trump said Friday that he would waive the interest on all federal student loans amid the coronavirus outbreak, meaning borrowers could pause their payments without any penalties. The measure is part of a larger strategy to mitigate the economic consequences of the pandemic which has so far infected more than 130,000 people and killed […]
Tag: Personal saving
Make the best of being home due to coronavirus closures
From quarantines to working remotely, precautions are being taken across the U.S. in response to the spread of coronavirus. If you find yourself stuck at home, there are ways to make the best of a bad situation, according to “Shark Tank” investor Daymond John. “You have to make sure that you take that time to […]
Financial transaction tax could hit average Americans
Democratic presidential candidate Sen. Bernie Sanders (I-Vt.) speaks during a campaign event on February 17, 2020 in Richmond, California. (Photo by Justin Sullivan/Getty Images) Justin Sullivan When Sen. Bernie Sanders, I-Vt., proposed legislation last year to tax stock trades, he decried the “recklessness of Wall Street billionaires” and cited a goal of building an economy […]
Saving for retirement, erasing debt among popular resolutions for 2020
Every year millions of Americans make resolutions, and every year those same Americans fall short of reaching their goals. To fuel a commitment toward a healthier financial well-being in 2020, the Invest In You team asked readers and viewers to reveal their goals. The response was overwhelming — and humbling. Several themes emerged, including investing […]
A Trump impeachment bad for your finances? Depends on your politics
If you’re concerned that your fellow Americans may be worried about a potential hit to their pocketbooks from impeachment of President Donald Trump, the most recent consumer confidence reading could lead you to spend more money and much less time focused on whether the president will be removed from office. The consumer has been the […]