Here is how Biden’s scholar financial loan cancelation affects loan companies and servicers
Finance
Target-date funds — the most popular 401(k) plan investment — don’t work for everyone
Key Points Target-date funds, known as TDFs, are a one-stop shop for retirement savers. They are poised to capture about two-thirds of all 401(k) plan contributions by 2027, per one estimate. They are well-suited for hands-off investors who crave simplicity, but there may be drawbacks for others with more complex finances, advisors said. Source
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Finance
Michael Barr to step down as the Fed’s head of banking supervision to avoid clash with Trump
Michael Barr, vice chair for supervision at the US Federal Reserve, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Tuesday, March 28, 2023. Samuel Corum | Bloomberg | Getty Images The Federal Reserve’s top banking regulator will be stepping down next month, paving the way for President-elect […]
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Finance
Stocks making the biggest moves premarket: FuboTV, American Airlines, Nvidia, Microsoft and more
Check out the companies making headlines before the bell. American Airlines – Shares gained more than 4% after TD Cowen upgraded the airline to a buy from a hold rating and lifted its price target to a Wall Street high. The new target implies roughly 47% upside from Friday’s close. FuboTV – The streaming provider […]
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