Beginning in July 2026, a new federal law will cap the amount graduate students can borrow, ending the long-standing ability to finance the entire cost of attendance with federal loans. Roughly one in three recent college graduate borrowers would have exceeded the new limits under current borrowing patterns, according to a new analysis from the […]
Certificates of Deposit (CDs) remain one of the most reliable short-term savings instruments, especially for those looking for guaranteed returns when interest rates fall. From January 7, 2026achieve the best 12-month CD rates up to 4.10% APY (annual percentage yield), with many banks and credit unions still offering returns well above the national average 1.63%according […]
Student loan rehabilitation is a process of getting out of default that also removes the default from your credit, unlike consolidation, which resolves the default but retains the data. You can rehabilitate your loans by making 9 on-time payments on your loans subject to a rehabilitation agreement. Payments are means-tested, typically set at 15% of […]
Nebius group (NBIS) has positioned itself for explosive growth by announcing it will be one of the first cloud providers to adopt Nvidia‘s (NVDA) advanced Vera Rubin NVL72 platform. This move ensures early access to Nvidia’s next-generation hardware, which will be rolled out in the US and Europe in the second half of 2026. While […]
Bitcoin treasury company Strategy (MSTR) was faced with an existential deadline of January 15 MSCI (MSCI), the global index provider. The company teetered on exclusion from the prestigious MSCI indexes due to its vast cryptocurrency holdings, which now exceed 50% of its total assets. MSCI had proposed setting up such ‘digital asset treasury’ (DAT) companies, […]
In a bold move that signals the increasing embrace of cryptocurrencies by the mainstream financial sector, Morgan Stanley (MS) has filed S-1 registration statements with the SEC to track spot ETFs Bitcoin (BTC) and Solana (SOL). Yesterday’s documents mark the first example of a major US bank launching its own crypto ETFs, rather than just […]
China’s richest man, Jack Ma, said, “If you put the banana and money in front of a monkey, the monkey will choose a banana because the monkey doesn’t know that money can buy a lot of bananas.” That’s exactly what millennials and Gen Zers are doing. They are just leaving money on the table by […]
This year has begun again with geopolitical shocks as the United States attacked Venezuela, which has rich oil, silver and gold deposits. This sent gold and silver prices to record highs, while crude oil prices fell. Behind the stark difference in their momentum lay the nature of these raw materials. While gold and silver carry […]
The Canadian stock market has delivered strong performance over the past year, with the S&P/TSX composite index increase by about 30%. This progress was supported by interest rate cuts aimed at boosting economic growth. Additionally, robust momentum in resource-driven sectors, particularly mining companies tied to precious metals, and continued resilience in consumer spending lifted the […]
I am concerned about this concept called the debasement of the currency. Humiliation simply means making something less and less valuable, and this series of actions is less clear to some people. In the past you could have a gold coin, but the government can add more and more impurities to the gold coin and […]