Business

Trump Administration Walks Back Punishing 100% Social Security Overpayments Clawback Plan – Financial Freedom Countdown

The Social Security Administration is pulling back from a plan that would have allowed the government to withhold 100% of…

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Congress Overturns Biden-Era Overdraft Rule, Handing Banks A Major Victory Over Consumers – Financial Freedom Countdown

Just four months ago, the Biden administration announced a $5 cap on bank overdraft fees, giving hope to millions of…

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1 In 4 Americans Ditch Homes And Car Purchases As Tariffs Trigger Economic Panic – Financial Freedom Countdown

A recent Redfin survey reveals that nearly 1 in 4 Americans are scrapping plans to buy a home or car…

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Millions Face Wage Garnishment Starting May 5 As Trump Resumes Student Loan Collections – Financial Freedom Countdown

After a five-year hiatus, the Education Department is resuming aggressive debt collection on student loans in default. Beginning May 5,…

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Federal Judge Tosses Biden’s Credit Card Late Fee Rule, Just As Borrowers Fall Behind – Financial Freedom Countdown

A federal judge in Texas has struck down a Biden-era rule that would have capped credit card late fees at…

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Ray Dalio Sounds The Alarm Today As US Teeters On The Edge Of Something Worse Than A Recession – Financial Freedom Countdown

In a sobering interview, Ray Dalio, founder of Bridgewater Associates and author of the upcoming book “How Countries Go Broke”,…

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Social Security’s Clawback Policy Could Bankrupt Seniors: The Devastating Impact Of 100% Overpayment Withholdings – Financial Freedom Countdown

The Social Security Administration (SSA) has reinstated a controversial policy that could significantly impact seniors’ finances. Starting March 27, 2025,…

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Consumer Confidence In U.S. Economy Plunges To 12-Year Low—A Sharp Reversal From January’s Record Optimism – Financial Freedom Countdown

Just two months ago, Americans were riding a wave of economic optimism not seen in years. According to a Gallup…

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Student Loan Advocates To Sue Over Trump’s Order Handing $1.6 Trillion Debt To SBA—Chaos Ahead? – Financial Freedom Countdown

On March 20th, President Trump issued an order to shut down the Department of Education—an action that some legal experts…

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Social Security Slashes $800M In Costs—But Could It Lead To “Breaking Social Security”? – Financial Freedom Countdown

The Social Security Administration (SSA) has announced sweeping budget cuts totaling more than $800 million for fiscal 2025, targeting hiring,…

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