Trump Administration Considers Selling Federal Student Loan Debt To Private Market, Report Sayshttps://t.co/lFKwLiF5BQ https://t.co/pFnJkd4QZp ...

NEW YORK (AP) — Gen Z has seen its credit scores drop more than any other generation over the past year, largely because of student loan debt, according to a new report out this week. The total national average credit score dropped two points this year to 715, according to the report from credit scoring company FICO. But Gen Z's average score dropped three points to 676, the largest year-over-year decrease among any age group since 2020. A credit score is a mathematical formula that helps lenders determi ...

I was just sitting here contemplating about like how I'm going to pay back all my student loans. >> I've applied to over 300 jobs. I don't have a job.>> Student loan debt just reached an all-time high $1.48% trillion as of June of this year. A historic drop in US college enrollment. We exist to educate, to teach you how to think, not what to think.We'd better be thinking about big transitions or transformations, if I can use the word, because um there's a lot of new competition coming into our market. >> La ...

For many Americans in their 30s, the math doesn’t add up. You’re finally building a career and earning a steady paycheck — yet a $40,000 student loan balance swallows a big chunk of your income every month. At the same time, your HR department keeps reminding you about the 401(k) match you’re not taking advantage of. That’s free money, and every year you wait to invest means losing out on compound growth that can make or break your retirement. Must Read So, what’s the smarter move: wipe out the debt fir ...

My all-time favorite game to play with people is Monopoly. For most people, they haven't played it in a while, but even then, they're familiar with the little plastic green houses, the get out of jail free card or collecting $200 when you pass go. But as we reach the game's 90th year anniversary, it's clear that we started slowly viewing it as a game of dread rather than delight.And so our current state of education is unfortunately only pointing towards worsening this lack of personal financial literacy. B ...

Consumer Debt & Delinquency - US consumer debt in serious delinquency rose in the second quarter [1] - Delinquency rate reached the highest level since early 2020 [1] - The increase reflects a record surge in past-due student-loan debt [1]

Trade and Tariffs - The Trump administration has reached a short-term trade agreement with China, reducing tariffs on Chinese imports from 145% to approximately 30% and on US goods from 125% to 10% [4][6][10] - The market reacted positively to the news, with a notable rally in tech stocks, which rose by 8% in the week following the announcement [4][6] - Companies are facing increased costs due to tariffs, and there is uncertainty about whether they can pass these costs onto consumers or if margins will contract [7][10] Walmart's Pricing Strategy - Walmart has indicated that it will raise prices on some goods due to tariff impacts, which is significant given its position as a low-cost provider [9][10] - The company expects prices to increase this summer, reflecting the cost pressures from tariffs that began in late April and accelerated into May [10][11] - Despite the anticipated price increases, Walmart has reiterated its guidance for 3%-4% net sales growth, indicating confidence in its overall business performance [11][12] CAVA's Performance - CAVA reported a 10.8% increase in same-store sales, driven by a 7.5% increase in customer visits, contrasting with declines seen in other restaurant chains [16][17] - The company has reached the billion-dollar sales mark over the past 12 months, showcasing strong growth in a challenging market [17] - CAVA's food and beverage costs increased to 29.3% of sales, but the company maintains a strong store margin around 25% [18] Dick's Sporting Goods Acquisition - Dick's Sporting Goods announced a $2.4 billion acquisition of Foot Locker, which was met with skepticism from the market, resulting in a 10% drop in Dick's shares [22][23] - The acquisition aims to turn around Foot Locker, which has been struggling with declining sales and changing consumer buying patterns [22][23] - Foot Locker's international presence may provide Dick's with new growth opportunities, although concerns remain about the viability of the acquisition [24][25] On Holdings' Growth - On Holdings reported a 43% increase in revenues, with direct-to-consumer sales up 45%, indicating strong demand for its products [27][28] - The company raised its sales guidance for the year to 28%, reflecting confidence in its growth trajectory [27] - On Holdings benefits from sourcing 90% of its shoes from Vietnam and Indonesia, which mitigates the impact of tariffs on its business [28][29] Evolv Technology and Booz Allen Hamilton - Evolv Technology is focused on transforming security management in public and private buildings, with a strong customer base in sports venues [57][58] - Booz Allen Hamilton, a consultant primarily serving the federal government, faces challenges due to potential cutbacks in defense spending but maintains a significant backlog of $39 billion [59][60]