There are several options for paying off your medical school loans. (iStock) Paying off student loans can be tricky, especially as the halt to federal student loan payments is extended amid the pandemic and the Biden administration considers a plan for student loan forgiveness. Having a plan to pay off medical school loans is important since the average student completes […]
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The COVID-19 pandemic sent economic shockwaves through the U.S. economy, tripling the monthly unemployment to nearly 15% and leading to a more than 30% quarterly decline in gross domestic product, by far the largest economic contraction in U.S. history. No corner of the country was untouched by the pandemic’s economic consequences, but some states have emerged better off than others. […]
Read moreLearn how to refinance your mortgage after forbearance ends. (iStock) The COVID-19 pandemic caused millions of Americans to experience financial hardship. As a result, some homeowners haven’t been able to keep up with their mortgage payments. To provide some relief, the federal government included a mortgage forbearance plan in the CARES Act for federally backed mortgages. It gives homeowners the […]
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The prospect of a global minimum corporate tax rate has strengthened after the US put forward a lower rate than it had been seeking at meetings of members of the OECD late last week. The Biden administration surprised everyone last month when it announced it would seek a global minimum tax rate of 21 per cent, re-energising the OECD’s long-running […]
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What do the data indicate about unemployment in rural and urban areas? Did the salaried class escape unscathed? The story so far: Hit by a relentless second wave of COVID-19 infections, India has seen localised lockdowns across several States. With activity restrained, job losses have climbed. This has dampened family incomes and consumer sentiment, setting the stage for lower-than-anticipated economic […]
Read moreMore than a year later, movie theaters are slowly reopening again More than a year later, movie theaters are slowly reopening again Movie theaters across the country are trying to make a comeback after facing shutdowns and strict guidelines during the pandemic. However, more than a year later, many are still closed. "Movie theater business has been probably the most visibly impacted […]
Read moreThinking about closing your savings account? Here are a few good reasons to close your current account and open a new one. (iStock) Is your current savings account just not working for you? Maybe you’re not happy with the savings account rates, account terms or minimum balance requirements on your existing savings account. If so, it may be time to […]
Read moreIf you’re owed a refund, file your taxes ASAP: CPA CPA Daniel Geltrude explains when you should file right away and when you should take advantage of the later May 17 deadline. At least 7 million Americans will likely qualify for tax refunds on unemployment benefits they collected last year, according to a new report. The $1.9 trillion coronavirus stimulus […]
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Policymakers are looking forward to review the Eurozone economic and inflation outlook, and the duration to continue stimulus in the monetary policy session in June, the minutes of the latest rate-setting session of the European Central Bank showed Friday. Net asset purchases has hit the highest monthly purchase volume since July 2020, reflecting a marked increase versus average purchases in […]
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