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Married student loan borrowers on income-driven repayment (IDRs) appeared to no longer have to worry about the possibility of an increase in the size of their monthly payments, according to Forbes.The outlet on Wednesday reported the Department of Education Acting Under Secretary James Bergeron said in an revised court filing on Tuesday the agency "expects that by May 10, 2025, servicers will implement the treatment of spousal information for ICR, IBR, […]

Investors stepped up their selling of U.S. stocks after Federal Reserve Chairman Jerome Powell said policymakers will stand down on any rate moves, mainly because President Donald Trump's tariffs are, in his view, larger than expected.He messaged that while channeling the fictional character Ferris Bueller from the 1986 film "Ferris Bueller’s Day Off.""As that great Chicagoan Ferris Bueller once noted, ‘Life moves pretty fast.’ For the time being, we are […]

Federal Reserve Chairman Jerome Powell on Wednesday said that the central bank could face a "challenging scenario" as it contends with President Donald Trump’s tariffs.Powell said the duties on U.S. trading partners imposed by the White House are "significantly larger than anticipated," and that they are "highly likely" to lead to a temporary rise in inflation."We may find ourselves in the challenging scenario in which our dual-mandate goals are in […]

A major shareholder in Harley-Davidson is calling for significant changes to the company's board, arguing CEO Jochen Zeitz and two other long-time members should be removed.H Partners Management said Wednesday it was asking other Harley-Davidson shareholders to cast "withhold" votes at the upcoming shareholder meeting in May when the re-election of Zeitz and two other board members, Thomas Linebarger and Sara Levinson, goes up for a vote. The firm's stake in […]