College enrollment may have stabilized, but the number of students withdrawing from college is on the rise. Currently, over 40 million students are unenrolled, and about 26% of undergraduates are contemplating leaving college or facing dismissal. This trend is particularly pronounced among first-generation students, minorities, and low-income students who are struggling to balance their studies
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In the past week, mortgage rates have remained relatively unchanged, mirroring the stagnant state of mortgage demand. This marks the second consecutive week with minimal movement in both categories. Potential buyers are facing obstacles in the form of soaring costs and limited housing supply. Meanwhile, existing homeowners find little motivation to refinance their properties amidst
A recent International Your Money Financial Security Survey conducted by SurveyMonkey revealed alarming statistics about the financial stress levels among adults in major economies worldwide. More than half of adults in countries like the U.S., Australia, Spain, and Mexico admitted to feeling “very or somewhat stressed” about their personal finances. This phenomenon has been largely
In a move that sent shockwaves through the entertainment industry, private equity firm Silver Lake announced on Tuesday that it is acquiring entertainment company Endeavor Group Holdings for $27.50 a share. This acquisition will see Silver Lake acquiring 100% of the shares it does not already own, effectively taking control of Endeavor at an equity
Cleveland Federal Reserve President Loretta Mester recently expressed her belief in the possibility of interest rate cuts within the year. She pointed out that the long-term trajectory for interest rates is higher than previously anticipated, indicating a potential shift in the policy direction. However, Mester did not provide any specific guidance on the timing or
In the realm of fashion, trends come and go with the blink of an eye. However, one trend that seems to be making a strong comeback is the concept of quiet luxury, now rebranded as old money style. This trend gained momentum after Gwyneth Paltrow’s ski accident trial, even during a time when many Americans
As the tax deadline approaches, taxpayers are at risk of falling victim to various tax scams. Last year alone, the IRS received over 294,000 complaints of identity theft, resulting in more than $5.5 billion in tax fraud. With the IRS processing millions of federal returns, scammers are actively seeking opportunities to steal personal and financial
Singapore has consistently held the title of the best geography in the world to do business, according to the Economist Intelligence Unit (EIU). Prianthi Roy, EIU’s Country Forecast Manager and Europe analyst, highlighted political stability and the government’s emphasis on assisting domestic private-sector companies with technological advancements as key factors contributing to Singapore’s premier business
The recent resignation of Warner Bros. Discovery directors, Steven Miron and Steven Newhouse, has brought attention to a U.S. Department of Justice investigation regarding a potential antitrust violation. Both Miron and Newhouse were appointed as directors in April 2022 following the merger of WarnerMedia and Discovery. The investigation is centered around whether their involvement on
The Powerball jackpot has reached an incredible $1 billion, making it the fifth-largest prize in the game’s history. With no winner from the recent drawing, the anticipation continues to build. If you are lucky enough to win the grand prize by matching all six numbers, you will have two payout options to consider: a lump
