Biden administration expected to extend payment pause for student loan borrowers through August

Xinhua News Agency | Xinhua News Agency | Getty Images The Biden administration plans to announce another extension to the payment pause for federal student loan borrowers, sources tell CNBC. The pause is likely to last through August. This would be the sixth extension of the break, which has now spanned two presidencies. Currently, the…

Here’s how NFL star Bobby Wagner negotiated his $65 million deal with the Rams

Bobby Wagner #54 of the Seattle Seahawks interviews after practice at Training Camp on July 29, 2021 in Renton, Washington. Alika Jenner | Getty Images NFL linebacker Bobby Wagner wanted another challenge as he prepares for life after football. So he represented himself on the 2022 free agent market after he was released in a…

Fed’s Brainard sees balance sheet reduction soon and ‘at a rapid pace’

Lael Brainard, Federal Reserve governor and President Bidens nominee to be the new vice-chair of the Federal Reserve, speaks during her nomination hearing with the Senate Banking Committee on Capitol Hill January 13, 2022 in Washington, DC. Drew Angerer | Getty Images Federal Reserve Governor Lael Brainard, who normally favors loose policy and low rates,…

Couples spend $2,300 on wedding flowers. Here’s the best ‘way to cut flower costs,’ according to florists

About 1 in 5 of the weddings scheduled for 2021 were postponed to 2022, according to The Wedding Report, a market research firm. In all, an estimated 2.5 million weddings will take place this year — the most since 1984. More from Grow: How to decide if supplements are worth it‘Get a bottle of wine’ when…

10%? 15%? How to figure out if you’re saving the right amount for retirement

Simonkr | E+ | Getty Images For most Americans, reaching retirement with a large enough nest egg requires decades of planning, as well as consistent and adequate saving. Figuring out where to begin — or if you’re on the right track at any age — can be confusing and daunting. How much to save for…

Not earning enough? Many workers are unhappy with their pay

The “Great Resignation,” also known as the “Great Reshuffle,” has many Americans at least considering a career move. But increasingly, job hopping may be more necessary than voluntary as the recent spike in inflation puts households under financial stress. While wage growth is high by historical standards, it isn’t keeping up with the increased cost of…

Wind energy needs dramatic increase to hit net-zero goals, new report says

Onshore and offshore wind turbines photographed in Flevoland, the Netherlands. Mischa Keijser | Image Source | Getty Images The wind energy sector had its second best year in 2021 but installations will need to dramatically increase going forward to keep track with net-zero goals, according to a new report from the Global Wind Energy Council….

Stock futures slip in early morning trading after tech-led rally

Traders on the floor of the NYSE, April 4, 2022. Source: NYSE Stock futures were flat in overnight trading Monday after investors bought the dip in technology shares following recent weakness. Futures on the Dow Jones Industrial Average dipped 14 points. S&P 500 futures were little changed, and Nasdaq 100 futures edged 0.1% lower. The…

‘There are so many ways to lose money.’ Advice for college athletes from former basketball player turned financial advisor

University of Arizona Wildcats guard Joe McLean plays defense against UCLA Bruins guard Kevin Dempsey during a Pacific-10 Conference game on Jan. 7, 1993. Ken Levine | Getty Images Sport | Getty Images Like many former NCAA college basketball players, Joe McLean had dreams of playing in the NBA. The 6’6″ forward played four years…

Here’s what consumers plan to cut back on if prices continue to surge

Edwin Lopez sorts the money in the cash register at Frankie’s Pizza on January 12, 2022 in Miami, Florida. Joe Raedle | Getty Images As inflation continues to weigh on American households, people are plotting what they’ll cut from their budgets in the coming months to keep spending in check. More than 50% of adults…

Qualcomm CEO says company is focusing on dividends to bring shareholders value

Qualcomm is currently focusing on using dividends to bring shareholders value rather than buying back its stock, chief executive Cristiano Amon told CNBC’s Jim Cramer on Monday. “We had increased our dividend. We talked about annualized dividend targets, high single digits, low double digit growth rates, and we are going to continue to look for…