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On October 9, 2025, the U.S. Department of Education restarted student loan forgiveness for about two million borrowers after a pause in the program. These borrowers are on income-based repayment (IBR) plans, which adjust monthly payments based on income and family size. Many of them have now reached the required number of qualifying payments, making them eligible to have the rest of their loans forgiven. The government is working with loan servicers to update these accounts, with most expected to be completed by early November. This move is part of a larger effort to ease the $1.6 trillion student debt crisis, though it comes during a time of political uncertainty and debate over the federal government’s role in funding higher education.

As the economy continues to face challenges like inflation and high interest rates, more couples in the U.S. are rethinking how much they spend on engagement rings. According to BriteCo’s 2025 Engagement Ring Cost Report, the average price of an engagement ring has dropped to $6,504, a noticeable decrease from past years. People are now focusing more on value and making practical choices during uncertain times. One of the biggest changes is the growing popularity of **lab-grown diamonds**, which now make up 76% of sales for traditional colorless diamonds. These diamonds look the same as natural ones but cost less and are viewed as a more affordable, ethical option.

More and more retirees are going back to work because rising inflation is making it harder to live on fixed incomes. Prices for everyday items like groceries, gas, and healthcare have increased so much that many people are finding their retirement savings don’t go as far as they used to. A recent survey by investment firm Schroders found that over 90% of retirees are worried inflation will drain their savings, and more than half aren't sure how long their money will last. Even those who carefully planned for retirement are struggling, as the cost of living keeps rising faster than their money can keep up. For many, returning to work is the only way to make ends meet.

A recent study from TransUnion shows that U.S. businesses are losing nearly 10% of their yearly revenue to fraud, which includes scams, identity theft, and account takeovers. This is a major increase—46% more than last year—and it's much higher than the global average. One of the biggest problems is account takeover fraud, where criminals gain access to company accounts using stolen or fake information. These attacks have grown quickly as fraudsters become more skilled at using digital tools to trick businesses. The study suggests that ongoing global unrest and economic challenges are making it easier for scammers to take advantage of security gaps.

Retiring in 2025 is proving to be more difficult than in previous years, thanks to high inflation, rising interest rates, and fears of a possible recession. For many Americans, the jump from earning a regular paycheck to depending on savings, investments, and Social Security can be a real shock. That’s why it’s so important to create a detailed budget and understand your cash flow before leaving the workforce. Economic ups and downs can make retirement savings more unpredictable, which is why many experts recommend working with a trusted financial advisor to help manage investments and make smart withdrawal choices. On top of that, having a solid life insurance plan and an up-to-date estate plan is key to protecting your family, especially with rising healthcare costs and job uncertainty in today’s economy.

As the cost of living continues to rise across the U.S., more Americans are turning to side hustles just to make ends meet. A recent survey from SideHustles.com found that 62% of people doing side gigs now rely on that extra income to afford basics like groceries, rent, and healthcare. Even though inflation has cooled slightly, many workers are still feeling the squeeze and say financial pressure is the main reason they started a side job. In fact, about two-thirds of respondents use at least half of their side hustle income to cover essentials, and some admit they've even skipped buying necessary items because money was too tight. With many juggling multiple gigs at once, it's clear that side hustles are no longer just for extra spending money—they’ve become a lifeline for financial survival.