Month: July 2021

Americans are merely days away from the launch of the new Child Tax Credit on July 15, 2021. While the credit has been around since the Clinton Administration, the version from the Biden Administration is projected to have a significant impact on the country. From helping middle class families save for childcare and college to helping lower
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LONDON — Top financial institutions are calling for global cooperation on central bank digital currencies. The Bank for International Settlements, the global body for central banks, issued a report Friday saying that central banks should work to achieve “interoperability” between their digital currency projects. This can be achieved through a number of ways, the report
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Ines Fraile | iStock | Getty Images The Pennsylvania Higher Education Assistance Agency — which oversees loans of 8.5 million student borrowers — announced it would not renew its contract with the federal government when it ends later this year. Consumer advocates applauded the news because PHEAA, a quasi-governmental student aid organization created in 1963 by
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CNBC’s Jim Cramer on Friday looked ahead to the start of earnings season, focusing on quarterly reports from the big banks and other companies in the packaged foods and travel industries. The “Mad Money” host’s lookahead came after stocks rallied hard on Wall Street to rebound from Thursday’s big sell-off, helping the major averages end the week higher. “What
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