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Education Department to restart collections on defaulted federal student loans

The Department of Education announced Monday that it will resume collections on May 5th with default federal student loans. The federal agency said more than five million borrowers are defaulting over a year, and sometimes over seven years, and not making monthly payments. Default student loans have not been collected since March 2020, when it […]

Stocks fall on trade uncertainty, Federal Reserve concerns

Angie Newman, UBS Global Wealth Management Manager, discusses market responses amid trade tensions and advises clients and investors. Stocks fell on Monday after President Donald Trump continued to criticize Federal Reserve Chairman Jerome Powell after investors saw signs of progress in trade talks. The Dow Jones industrial average was over 1,000 points, or above 2.8%, […]

Florida halts migrant arrests in showdown with federal judge

Florida Attorney General James Usmierer has directed state law enforcement to halt undocumented arrests of immigrants under the new immigration law after federal judges doubled the restraining order against the state. The order comes after U.S. District Judge Kathleen Williams said she was “shocked” at the state’s decision to continue her arrest after she issued […]