The U.S. economy likely grew in the third quarter at its fastest pace of any quarter in nearly two years, again defying dire warnings of a recession, as higher wages from a tight labor market helped to power consumer spending. The Commerce Department's advance estimate of third-quarter gross domestic product on Thursday is also expected to show residential investment rebounding after nine straight quarters of declines. President Joe Biden's administration has taken steps to encourage more semiconductor manufacturing in the U.S.
To help families with student loan repayments, United Way of Greater Kansas City launched a partnership with Savi, an online platform that helps streamline the entire repayment process.
Thanks to new legislation, the end of a Covid-era relief program and changing worker expectations, experts predict employer student loan benefits could finally get more of a boost.