Marco Bello | AFP | Getty Images Fintech company Block announced Thursday it was laying off about half its workforce, adding more than 4,000 workers to the unemployment ranks overnight. When a significant share of a company’s workers face a sudden job loss, that can trigger a number of unique financial and career challenges, experts say….
U.S. President Donald J. Trump delivers the first State of the Union address of his second term to a joint session of Congress in the House Chamber of the United States Capitol in Washington, D.C., U.S.,on Tuesday, Feb. 24, 2026. Kenny Holston | The New York Times | Via Reuters Amid tariff uncertainty, President Donald Trump…
Some student loan borrowers can soon expect a check in the mail, more than a year after the Consumer Financial Protection Bureau reached a $120 million settlement with former federal servicer Navient. The CFPB said Navient steered student loan borrowers away from affordable repayment plans and into expensive forbearances, causing many to pay steep interest…
U.S. President Donald Trump delivers the State of the Union address on Feb. 24, 2026, in Washington, D.C. Kenny Holston-Pool/Getty Images President Donald Trump said in his State of the Union speech Tuesday night that his administration’s policies were “rapidly ending” high prices for certain foods, including proteins in the U.S. diet, like beef, chicken…
In his State of the Union address, President Donald Trump described soon-to-launch Trump accounts as “tax-free investment accounts for every American child.” “This is something that’s so special, has taken off and gone through the roof,” Trump said in the annual speech before Congress. The accounts, created under Trump’s “big beautiful bill,” function largely like a traditional…
Millions of workers without access to a 401(k) or other workplace retirement plan could get a new way to invest — and an annual government match of up to $1,000 — under a proposal from President Donald Trump. “Half of all of working Americans still do not have access to a retirement plan with matching…
Aldomurillo | E+ | Getty Images American workers tend to hold many jobs over the course of their work life — but those aren’t necessarily in the same field or occupation. Between 2022 and 2024, 64% of workers who transitioned into a new job had changed occupations, job site Indeed found. Last spring, around 7…
Xavier Lorenzo | Moment | Getty Images A smaller share of actively managed mutual funds and exchange-traded funds outperformed their index-based counterparts in 2025 than in the prior year, according to new research. Even so, both kinds of investments can have a place in your portfolio, financial advisors say. “I don’t treat passive and active…
Enhanced subsidies that helped millions of people afford health insurance on the Affordable Care Act marketplace expired at the end of 2025 — which has forced many people to make tough financial choices. The enhanced subsidies, which had been in place since 2021, reduced insurance premiums for about 22 million people last year, or more…
Alberto Case | Getty Images More from Financial Advisor Playbook: Here’s a look at other stories affecting the financial advisor business. More than 12 million student loan borrowers are enrolled in IDR plans, according to higher education expert Mark Kantrowitz. Because that forgiven federal student debt may now be considered income by the IRS, the…