February 10, 2026 10:48 AM EST
Despite the suspension of student loan forgiveness for most of 2025, many individuals still received relief. Here’s how.
From 16 minutes ago
Federal student loan borrowers experienced various modifications in repayment plans during the first year of President Donald Trump’s second term, yet thousands managed to secure forgiveness last year.
The suspension of income-based repayment plan forgiveness, a complete restructuring of the Public Employee Student Loan Forgiveness Program, alongside changes to the overall repayment system, greatly impacted borrowers. Nevertheless, around 121,000 people received loan forgiveness in 2025.
Although this might seem small relative to former President Trump’s extensive pardons, it’s still significantly higher than historical figures.
Investmentpedia estimates that around 117,280 borrowers had their loans forgiven in 2025 through the Public Service Loan Forgiveness Program, known as PSLF. This initiative allows public servant loans to be dropped after a decade of payments.
The calculation of forgiveness given last year was based on public data from the Department of Education, as well as court filings related to federal student loan cases.
Read the full article here.
February 10, 2026 9:35 AM EST
A surprising benefit of the Trump account is its potential for tax-free savings indefinitely.
From 1 hour 29 minutes ago
The Trump account is established under the One Big Beautiful Bill Act (OBBBA), which is essentially a government-funded investment account aimed at assisting children in building wealth right from birth. Babies born between January 1, 2025, and December 31, 2028, will automatically receive a one-time deposit of $1,000 from the government.
For parents with newborns in that timeframe, opening a Trump account seems like an obvious choice. The government provides initial funding, which can grow into a substantial savings pool over the years—at absolutely no cost to the families.
However, the Trump account isn’t limited to babies. Families with kids up to 18 can also set one up, contributing up to $5,000 annually. Here comes the interesting part: when the child turns 18, the account transitions into a traditional IRA and can subsequently be converted into a Roth IRA, creating a golden opportunity to accumulate tax-free wealth, regardless of the initial age.
This transformation is notable because traditional IRAs and Roth IRAs are taxed quite differently. Traditional IRAs are funded before taxes and taxed upon withdrawal, whereas Roth IRAs require upfront taxes but offer tax-free withdrawals later.
For many young individuals, this transition can be quite advantageous. Often, their earnings are low enough to qualify for a 0% federal income tax rate, so converting a traditional IRA to a Roth IRA might incur little to no tax penalties.
Read the full article here.
February 10, 2026 8:41 AM EST
Using a “buy now, pay later” plan to split rent can be convenient, but it may come with hidden costs.
From 2 hours 23 minutes ago
Do you need some leeway with your monthly rent payments? There’s an option to divide your rent into installments now available. However, utilizing rent-now-pay-later services can incur costs that accumulate if the borrower struggles to make repayments.
Affirm, a major player in the buy now, pay later industry, has begun a pilot program in collaboration with Esusu, allowing rent to be paid in two segments. Other companies are offering similar deferred rent payment options.
However, like many BNPL options, financing fees can escalate when utilizing these plans.
While Affirm’s plans present no interest, that doesn’t imply they come without costs. Users access this service through Esusu, which integrates rent payments into their credit scores.
Read the full article here.
February 10, 2026 7:53 AM EST
Expected movement in McDonald’s stock following Wednesday’s earnings call.
From 3 hours 11 minutes ago
McDonald’s plans to release its fourth-quarter results on Wednesday morning, and traders speculate that this could push the stock to new highs.
Current option pricing indicates that traders anticipate McDonald’s (MCD) stock could fluctuate by as much as 3% in either direction by week’s end. A shift of this scale from Monday’s closing price near $326 would elevate the stock close to $336, surpassing last Friday’s figure. Conversely, it could dip to $315.
The fast-food chain has seen a rise of around 6% since the year began.
Analysts from UBS are projecting robust sales growth for McDonald’s both domestically and globally in the fourth quarter. They also provided insights into solid first-quarter sales, reflecting consumers’ appreciation for the chain’s focus on value and enticing customers.
Read the full article here.
February 10, 2026 7:21 AM EST
What to anticipate from the upcoming job market report on Wednesday.
From 3 hours 43 minutes ago
If you’re pursuing a career in healthcare, you should have ample opportunities this January.
That’s likely the takeaway from a report expected to be released Wednesday by the Bureau of Labor Statistics. Predictions indicate that U.S. employers added around 55,000 jobs last month, an uptick from December’s 50,000, based on an Economist survey.
In line with recent trends, job growth is anticipated to center around health care, making roles in other sectors more challenging to find as many employers adopt a cautious hiring stance. The unemployment rate is predicted to stay at 4.4%, which is relatively low historically.
These statistics will provide insights into the job market against an uncertain economic backdrop. Officials from the Federal Reserve are expressing rising concern regarding a potential sharp increase in the unemployment rate. A recent troubling sign is that employers had fewer job openings in December compared to any time since 2020, with job openings seen as a precursor to future job growth.
Read the full article here.
February 10, 2026 6:47 AM EST
Stock futures remain relatively stable after the Dow hits a record close.
From 4 hours 17 minutes ago
Futures contracts linked to the Dow Jones Industrial Average saw a slight uptick of 0.1%.
S&P 500 futures also rose by 0.1%.
Similarly, Nasdaq 100 futures experienced a minor increase.
