Banks And Stock Market Closed On June 19 For Juneteenth
US Banks and the stock market will be closed on June 19 in observance of Juneteenth.
Robinhood Set To Acquire Cryptocurrency Exchange Bitstamp
Robinhood announced that it would be acquiring cryptocurrency exchange Bitstamp to continue to expand its cryptocurrency business.
Who Is Roaring Kitty And What’s Going On With Gamestop?
Roaring Kitty, also known as DeepFuckingValue and Keith Gill, revealed a massive $180 million position in Gamestop (GME) stock.
FAFSA Completions Significantly Lower YTD: Financial Aid Picture Grim For Families
FAFSA completions are still 14% below last year, meaning that fewer families will receive financial aid for college.
FinTech Crisis Leaves Millions Of Americans Unable To Access Their Money
The collapse of Synapse Financial has caused upwards of 10 million Americans to be unable to access their funds.
Biden Administration Cancels $7.7 Billion More In Student Loans
The Biden Administration announced that it cancelled $7.7 billion more in student loans due to the SAVE plan and other IDR adjustments.
Biden Admin Extends Student Loan Forgiveness Deadline To June 30
The Biden-Harris Administration extends the student loan forgiveness consolidation deadline to June 30, 2024, ensuring borrowers get proper credit for repayment progress.
Biden Announces $6.1 Billion In Loan Forgiveness For Art Institute Students
The Biden Administration announced $6.1 billion in loan forgiveness for 317,000 borrowers who attended the Art Institutes.
Department Of Education Completes FAFSA Reprocessing
The Department of Education has completed FAFSA reprocessing to fix major errors, but applications still lag previous years.
Betterment Raises Fees For New Premium Investors
Betterment announced that it will be raising the fee structure of their Premium plan going forward, to 0.65% AUM.
President Biden Proposes Historic Increase In Capital Gains Tax
President Biden has proposed raising the top capital gains tax bracket to 44.6%, the highest amount in 100 years.