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As economists pointed to some of the president's policies to explain the latest Labor Department data, White House aides sought to make the case for optimism in the new year.
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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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E.U. and South America to Form Free-Trade Zone With 700 Million People The New York TimesEU states back controversial Mercosur deal with Latin American countries The GuardianVon der Leyen makes €45B pitch to win Meloni's support for Mercosur trade deal politico.euEU poised to secure vital Italy backing for Mercosur deal ReutersEU reaches South America trade deal after 25 years of talks BBC
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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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A stock-market indicator that has been used by investment analysts for more than a century flashed a bullish signal this week.
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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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