Homeland security chief warned mall of america shoppers to be, quote, particularly careful, and yet yesterday it was still hard to find a parking spot at that mall. Why arent American Consumers worried if the government is . Some surprising answers on this one just ahead. Important story there. Another one as well, the president just wrapping up comments about these new rules theyre talking about for 401 k rollovers making sure the Investment Advice you get is good for you and not just for the Financial Planner or broker who is advising you. There are some concerns that people are being steered into investments that have higher fees. Theyre suitable for you, but theyre expensive at the same time, and there are cheaper alternatives. So brokers may be making more on these higher fee investments, and so the president wants to do something about that but the industry is fighting back. So we have both sides of that issue coming up a little later here on the closing bell. Yeah divisive one.
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Despite investing significant time into their finances, many Americans find managing their money to be too complex, according to a new Digit survey released today. In fact, nearly three in five said managing their money is more mentally demanding than solving a crossword puzzle. "Despite the fact that a strong relationship with money is essential to our lives,.
Since March 2020, student loan borrowers have not had to make any federal student loan payments. Those payments are scheduled to restart as of May 1, 2022 — no doubt causing stress for the borrowers out there. President Biden may consider extending temporary student loan relief beyond that date, but nothing is yet official. On […]