Many people entering the traditional home-buying years already have debt – student loans, of course. Today, more than two-thirds of college graduates have student debt, compared with less than 50% in the early 1990s. Americans are now more burdened by student debt than they are by credit card or auto debt. “There are limits on the percentage of your income that can be devoted to repaying all debts, including student loans,” Kantrowitz said. Owning a house will not impact your monthly student loa

A rally for Donald Trump in Wildwood, NJ. “I was told I wasn’t going to be invited” the day before the rally, Byron told CNBC in a phone interview. A rally for Donald Trump in Wildwood, NJ. But, the mayor maintained, “I don’t think it’s fair that the taxpayer should have to support” the considerable costs of a presidential campaign rally. A rally for Donald Trump in Wildwood, NJ.

WASHINGTON — House Judiciary Committee Chairman Rep. Jerry Nadler, one of the lead architects of Democrats’ impeachment case against President Donald Trump, announced Friday that he would not be present for the final phase of Trump’s Senate trial. “I am sorry to not be able to stay in Washington for the conclusion of the Senate impeachment trial but I need to be home with my wife at this time,” Nadler wrote in a tweet Friday. Less than a week earlier, Nadler, D-N.Y., issued a statement explainin

Senators are set to vote Friday on whether to include new witnesses and documents in President Donald Trump’s impeachment trial, a pivotal moment in the proceedings that could pave the way for Trump’s acquittal. Democrats see both of these witnesses as crucial to successfully proving the two main allegations contained in the impeachment articles. Another Republican, Sen. Susan Collins of Maine said Thursday that she planned to break with her party and vote for additional witnesses. This next pha

Small business owner Stephanie Vitori has gone from burger delivery girl to owning one of South Beaches most buzzed about burger joints. Vitori is the owner of Cheeseburger Baby, a frequent hot spot for celebrity clients that include Beyonce, Kanye West, Diddy and Gabrielle Union. She started working at Cheeseburger Baby when it opened in 2001 delivering burgers on a beat up scooter that had a lawnmower engine and a leopard print seat. “We always say, it shouldn’t take five guys to make a cheese

The Miami football field that has produced more NFL talent than anywhere in the country has gotten a major makeover. Ahead of Super Bowl LIV, Nike unveiled the gridiron of the future at Nathaniel Traz-Powell Stadium, home to seven Miami-Dade area high schools. Nathaniel Traz-Powell Stadium, home to seven Miami-Dade area high schools. This is the first high school football field that Nike has invested in. Source: Nike

If your weekend plans include dropping a bet on the Super Bowl, don’t forget that Uncle Sam wants a piece of anything you win. Americans are expected to wager about $6.8 billion on Sunday night’s matchup between the Kansas City Chiefs and San Francisco 49ers in Miami. “Most people don’t realize they have to report any kind of winnings from gambling activities,” said Oscar Vives Ortiz, a CPA who serves on the American Institute of CPAs’ personal financial specialist committee. Roughly 26 million

In public, Federal Reserve officials repeatedly have said they don’t pay attention to President Donald Trump’s long-standing criticism of monetary policy. “Ugh Ugh,” Fed Vice Chairman Richard Clarida responded when Michelle Smith, communications director at the central bank, sent him a screenshot of an August Trump tweet calling Chairman Jerome Powell an “enemy” comparable to Chinese President Xi Jinping. Later in the day, Smith sent Powell and Clarida an account in which Sen. Kevin Cramer, a No

Mike Bloomberg’s catch-up presidential campaign spent a colossal amount in the final quarter of 2019 in his bid to surpass Democratic rivals in the race to take on President Donald Trump. Bloomberg’s campaign spent over $180 million during the period, according to a Federal Election Commission filing released Friday. Bloomberg spent more during that month than any of his individual Democratic rivals have raised in total during the cycle. The record shows Bloomberg’s campaign spent over $11 milli

Teens have found a loophole in the Food and Drug Administration’s ban on most flavored e-cigarettes, The New York Times reported on Friday. The Trump administration outlawed the sale of flavors like fruit and mint for e-cigarettes that use refillable cartridges earlier this month. Teens are now switching from cartridge-based brands like Juul to disposable e-cigarettes such as those made by Puff Bar, the report said. Tobacco giant Altria, which partially owns Juul, announced yesterday that it too

President Donald Trump ordered the Department of Defense to roll back restrictions on the use of land mines, the White House announced on Friday. The new policy will enable the use of anti-personnel land mines elsewhere in the world in “exceptional circumstances.” Anti-personnel land mines that do not self-destruct are banned by more than 150 countries because of their tendency to inflict civilian casualties, often years after they are used in conflict. Defense Secretary Mark Esper described lan

I carefully considered the need for additional witnesses and documents, to cure the shortcomings of its process, but ultimately decided that I will vote against considering motions to subpoena.” Within minutes of Murkowski’s statement, another Republican senator, Rob Portman of Ohio, confirmed he will vote against admitting additional evidence. “I do not believe that additional witnesses are needed,” Portman said in a statement. The expected Senate vote later in the day represents a pivotal mome

Facebook is set to close its worst week since September. Mark Mahaney, tech analyst at RBC Capital Markets, said he still sees growth for Facebook in the near future, despite fourth-quarter disappointments. However, taking a step back with those 3.2 billion users, there’s a lot of good things going on at Facebook, too.” Roger McNamee, co-founder of Elevation Partners, laid out where he sees tech today and the effects regulations will have on these industries. Correction: Facebook is set to close

Facebook on Friday issued a statement renouncing recent allegations by liberal financier George Soros that there is a “special relationship” forming between the social media company and President Donald Trump. “While we respect Mr. Soros’ right to voice his opinion, he’s wrong,” a spokesman for Facebook said. He continued, “Facebook will help President Trump to get re-elected and Mr. Trump will, in turn, defend Facebook against attacks from regulators and the media.” In his piece, Soros highligh

The Fidelity Advisors Growth Opportunities mutual fund just had a banner decade. The fund, which is managed by Kyle Weaver, returned an average of 17.59% per year after fees, according to Morningstar Direct. That performance made the Fidelity fund the best performing large cap mutual fund, according to Morningstar Direct. That includes funds in the Large Value, Large Blend and Large Growth categories. Here are some of the major holdings in the fund as of the end of last year.

Apple, Amazon, Microsoft and Google-parent Alphabet have all looked to services and cloud businesses for growth in the past couple of years. Microsoft was the third to pass $1 trillion last April, its value driving higher after a better-than-expected earnings report. While its cloud growth has lagged behind Amazon and Microsoft, Alphabet doubled its cloud services revenue run rate to $2 billion per quarter from $1 billion per quarter between February 2018 and July 2019. Finally, while Amazon had

IBM is analogous to Oracle’s infrastructure business: Bernstein’s Toni SacconaghiNumber one hardware analyst Toni Sacconaghi of Bernstein joins ‘The Exchange’ to discuss IBM’s future after the announcement of the new CEO.

As goes January, so goes the year — this Wall Street saying from the widely watched “January barometer” suggests a correlation between January’s performance and full-year returns. Since 1928, when January is up in an election year, the year is up 100% of the time with an average S&P 500 return of 16.6%, according to Bank of America. Friday’s losses cut the January returns for the S&P 500 to just about flat, while the Dow Jones Industrial Average has turned red on the month, setting up a fuzzy si

Amazon — Amazon jumped nearly 9% in midday trading after the e-commerce giant reported fourth-quarter earnings well ahead of Wall Street consensus expectations. The company’s revenues grew 21% to $87.44 billion for the quarter as its investments in quick shipping lead to more orders. IBM — Shares of IBM jumped more than 4% after the computer software company announced CEO Ginni Rometty will step down in April. Chevron — Shares of the oil giant slid more than 2% after the company reported a $6.6

For 18 years, I’ve worked as a brain conditioning coach for some of the world’s top athletes, including NFL and NBA players, to help them gain a mental edge. How to think and compete like a Super Bowl winnerI’ve been asked numerous times about the secret to enhancing your brain for success. Neutral thinking is a performance strategy that emphasizes judgment-free thinking, especially in crises and high-pressure situations. This isn’t easy, as there are more biases in this world than fruit flies: