Some Economists Say Loan Forgiveness Plan Could Increase Inflation
Though the economist outlook varies, some say the Biden administration's plan to cancel some student loan debt could add to inflation rates.
LEARN MOREFederal Reserve Chairman Jerome Powell said "some pain is coming to households and businesses" as interest rates rise.
The latest long-term budget and economic outlook from the nonpartisan Congressional Budget Office was released Wednesday.
A lot more of the money you receive is taxable than you may realize — pensions are considered taxable income, as is social security in some cases.
Officials are forecasting that stronger growth and stubborn inflation will persist this year and next.
The Centers for Disease Control and Prevention linked the majority of cases to international travel.
Four minor league players are accused of illegally profiting nearly $190,000 after being tipped off on Del Taco's 2021 merger with Jack in the Box.
The research also found that only 11% of Americans said the drug should not be legal for any reason.