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The president indicated that private sector payrolls had expanded by 654,000, a total that would have included Friday's jobs count for December.
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Last year, 2025, marked the fewest jobs gained for workers since 2020 and the highest unemployment rate since 2021.
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Sentiment readings are continuing to inch higher.
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Experts shared the tools, trends and technologies they think will shape the next 12 months in accounting. We have included full text of a broad selection of predictions here.
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US president seeks to win commitments from oil executives to invest up to $100bn
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U.S. employers added 50,000 jobs in December, according to a report from the Labor Department Friday. Measured annually, job gains in 2025 were the slowest since 2020.
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As college costs continue to rise, it's becoming increasingly difficult for students to pay for it themselves. The total student loan debt in the United States has risen to a staggering $1.75 trillion. This has led many parents and grandparents to want to help carry a portion of their child's or grandchild's college debt. They shouldn't jeopardize their own financial future by entering retirement with someone else's student loan debt, though.
SEE MORE Tax Breaks to Help You Pay for College
Even so, the number of adults over the age of 62 with student loan debt has reached a startling 2.4 million borrowers. If parents and grandparents plan on helping to pay for college, they need to plan ahead to stay debt-free in their golden years. There are many ways they can start planning now to help with college costs while still saving for their retirement.
529 plans offer tax advantages
529 plans are investment accounts that can be used to pay for education for a specific beneficiary. Choosing a 529 plan also comes with tax benefits. It will grow federal tax-free and will not be taxed when the money is taken out. It's important to note that you can use a 529 plan from any state to help cover education expenses in any other state. However, depending on the state you live in
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