Immigration Driving US Economic Growth
Jade Simon
Goldman Sachs predicts a surge in immigration will fuel economic expansion in the United States, prompting the bank to revise its GDP forecast for 2024. Boosting Labor Force Growth In…
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Economy
25 posts
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Improvements to Student Loan Repayment Process
Student-loan borrowers are set to experience enhancements to the repayment process, with changes aimed at improving data security and scam detection starting this month. Email Notifications The Education Department, under…
Biden’s Budget Proposal: A Boost for Student Loan Borrowers
President Joe Biden’s budget request for the upcoming fiscal year includes provisions aimed at easing the repayment process for student loan borrowers while tackling the broader issue of college affordability.…
Progress on Biden’s Student Loan Forgiveness: What’s Next?
President Joe Biden’s administration is moving forward with its second attempt at student loan forgiveness, bringing federal borrowers one step closer to potential relief. Here’s a closer look at the…
Economic Downturns and Longevity: Exploring the Surprising Link
Recent research suggests that recessions, often associated with economic hardship and social strain, might have an unexpected silver lining: longer life expectancy. Despite the economic challenges they bring, recessions appear…
Anticipated Rate Cuts Amid Weakening Job Market
Wells Fargo strategist Erik Nelson predicts that the Federal Reserve might implement steep rate cuts later this year due to signs of weakening in the job market. Nelson suggests that…
St. Louis Basic Income Program: A Helping Hand for Families
In a bid to provide financial relief to struggling families, the city of St. Louis has launched a pilot program offering $500 per month to 540 households. After just three…
South Koreans Turn to Pet Rocks for Solace
In response to growing feelings of burnout and loneliness, adults in South Korea are finding solace in an unconventional trend: pet rocks. A Revival of an Old Concept Pet rocks,…
South Korean Companies Offer Generous Incentives to Boost Birth Rate
In a bid to address South Korea’s declining birth rate, companies in the country are offering substantial financial incentives to encourage employees to have children. Ssangbangwool’s Initiative Ssangbangwool, an underwear…
Democratic Lawmakers Call for End to Withholding Social Security Benefits for Defaulted Student Loan Borrowers
A group of Democratic lawmakers is pushing to eliminate a punitive measure faced by some student-loan borrowers who fall behind on payments. Urging Biden Administration Action Sens. Elizabeth Warren and…
