The ongoing problems with the new Free Application for Federal Student Aid have resulted in significant delays in the distribution of financial aid award letters. As of June 14, only 45% of high school graduates have successfully completed the FAFSA, indicating a troubling decline from the previous year’s completion rate of 52%. This decline has
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The recent surge in inflation has led to significant changes in retirement plans for many Americans, especially those nearing retirement age. According to a new study conducted by Prudential Financial, 43% of 65-year-olds have postponed their retirement due to inflation, while one third of 55-year-olds are considering delaying their retirement dates. This shift in retirement
Ferrari, known for its roaring combustion engines, is making a bold move towards electric vehicles with the launch of an all-electric model scheduled for the fourth quarter of 2025. CEO Benedetto Vigna emphasizes that the emotional experience of driving a Ferrari is paramount, even in the electric version. While traditional Ferrari engines are prized for
Financial stress can put a strain on any relationship, leading to disagreements and tension between partners. It is crucial for couples to address these issues openly and honestly in order to find solutions and move forward together. However, new research from Cornell University suggests that many couples avoid talking about their financial problems out of
The trend in 401(k) savings rates has been on the rise in recent years, with the average combined savings rate hitting a record high of 11.7% in 2023, according to Vanguard’s analysis. This matches a previous record set in 2022 and indicates a positive direction in retirement preparedness for many workers. Additionally, a Fidelity report
Target’s recent decision to team up with Shopify is a strategic move aimed at enhancing its online marketplace with new and trendy brands. This partnership has the potential to revitalize Target’s digital sales and attract a wider range of customers. By tapping into Shopify’s network of smaller and up-and-coming brands, Target is looking to differentiate
Finding the right location to buy a home is crucial for many Americans, and recent data published by NBC News sheds light on the least difficult places to purchase a home in the U.S. According to the NBC News Home Buyer Index, several counties stand out for their affordability, competition levels, scarcity, and economic stability.
In the realm of investing, the advice of stock analysts holds a significant amount of weight. However, it is crucial to critically assess their recommendations before making any investment decisions. This article will explore and evaluate three stock picks favored by the Street’s top professionals. The first stock recommendation provided by TipRanks is Delta Air
One of the latest money-saving trends on TikTok is the “no-spend month,” which encourages users to cut out all non-essential purchases for a set period of time. This challenge can last for a week, a month, or even a full year, with the idea being that it can help individuals break the habit of overspending
Forever 21, a well-known fast-fashion retailer with over 380 stores in the U.S., is facing financial challenges that have prompted it to seek a reduction in rent from its landlords. The company has asked some landlords to slash its rent by up to 50%, indicating the severe impact of declining sales and stiff competition in