Money, Wealth & Power—A Daily Look at the Financial World
President Donald Trump is weighing a plan to sell roughly $1.7 trillion in federal student loans to private investors, a move that would shift one of Washington’s largest financial assets out of government hands and into Wall Street’s. The prospect has ignited a rapid backlash from Senator Elizabeth Warren and more than 40 Democratic lawmakers,…
High yield savings accounts have become the default parking spot for extra cash, but the headline rate often distracts from the real decisions that shape long term returns. The biggest misstep is treating these accounts as a one size fits all solution instead of a flexible tool that has to be matched to time horizon,…
With cash yields hovering around 5 percent, savers finally have options that do not require swinging for the fences in speculative stocks or crypto. The real challenge now is choosing vehicles that can lock in attractive income while still keeping risk, taxes, and liquidity under control. I see a clear pattern in recent data: the…
The Trump administration is committing another $1 billion in federal financing, this time to bring a shuttered nuclear reactor at Three Mile Island back into service. The move folds a symbolically loaded plant into President Donald Trump’s broader push to expand domestic energy supply and power-hungry technologies like artificial intelligence with firm, around-the-clock electricity. By…
When someone dies, banks are quick to lock down accounts until they know exactly who is legally entitled to the money. That freeze protects the estate from fraud, but it can also leave spouses and children scrambling to cover rent, utilities, or even funeral costs. With a few targeted moves while you are alive, you…
I want to crush student debt fast, not just manage it indefinitely, so every move I make has to shorten my payoff timeline and cut interest costs. That means combining aggressive payments with smarter planning tools, using every legal break available, and avoiding habits that quietly inflate my balance. Each of the following strategies is…
AT&T customers who rely on the company for home broadband are about to see their monthly costs rise, as the telecom giant prepares to tack new fees onto existing internet plans. The move signals that one of the country’s largest providers is leaning harder on price increases and surcharges at a moment when many households…
The Trump administration’s push to dismantle the federal Education Department has raised a blunt, practical question for tens of millions of borrowers: what happens to their student loans if the agency in charge of them disappears. The short answer is that the debt does not vanish, but the systems that govern repayment, forgiveness and customer…
Retailers are quietly rewriting the rules of shopping as affluent customers learn how to dodge fees, return limits, and other friction that less wealthy shoppers increasingly shoulder. The result is a two-tier system in which high spenders are courted with perks and exceptions while everyone else pays more, waits longer, and navigates stricter policies. I…
Streaming services have become an integral part of our entertainment landscape, but the costs associated with them are often more than meets the eye. As consumers, we are increasingly finding that the advertised prices are just the tip of the iceberg. Hidden fees and unexpected charges are making these services more expensive than ever. This…