A federal judge in Missouri on Thursday temporarily blocked President Biden’s student loan handout just one day after a judge in Georgia had permitted the plan to move forward. U.S. District Judge Matthew Schelp snatched the win from the Biden administration in response to a request from six Republican state…

One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as risky as common stocks.Infrastructure Capital Advisors Founder and CEO Jay Hatfield manages the Virtus InfraCap U.S. Preferred Stock ETF (PFFA). He leads the company’s investing and business development.”High yield bonds…

Stacie Grissom and Sean Wilson lived in New York City for almost a decade, and then the covid-19 pandemic hit.In early 2020, Grissom was pregnant with their first child and working in marketing at BarkBox, while Wilson was working as an orthopedic surgeon in NYC hospitals.Seeing the state of the…

Last month, the Federal Reserve slashed interest rates by a supersized half point in a bid to maintain the job market’s strength, Chair Jerome Powell explained in a news conference after the decision was announced. But when fresh data this Friday showed the job market is more robust than even…

This article was written byFollowThe Investment Doctor is a financial writer, highlighting European small-caps with a 5-7 year investment horizon. He strongly believes a portfolio should consist of a mixture of dividend and growth stocks. He is the leader of the investment group European Small Cap Ideas which offers exclusive…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lebanese authorities said Israel’s bombardment had killed 50 health workers in the past three days as Israeli fighter jets continued to launch strikes across the Arab state. The Israeli military said on…

The Biden administration won’t extend legal permissions for certain migrants from Nicaragua, Cuba, Venezuela and Haiti provided through a temporary humanitarian program designed to curb illegal border crossings, requiring them to seek other legal means to remain in the United States, according to the Department of Homeland Security. The decision…

Attitudes about the obligation to provide care for an aging parent in failing health vary. In some families, there is an unspoken expectation that it is the daughter’s job to provide this care, despite the fact that there is no legal obligation for any particular person to do so. Rarely…

The average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government’s monthly employment report. The rate is now 6.53%, according to Mortgage News Daily.That is 42 basis points higher than Sept. 17, the day before the Federal Reserve cut its benchmark rate…

September’s outsized payrolls boost takes the U.S. economy out of the shadows of recession and gives the Federal Reserve a fairly open glide path to a soft landing.If that sounds like a Goldilocks scenario, it’s probably not far from it, even with the lingering inflation concerns that are straining consumers’…