Articles authored by Sonu Varghese

The Biden administration made a huge announcement regarding student loans on Wednesday (August 24th). An announcement was expected given the upcoming expiration of the moratorium on student loan payments. The moratorium was originally part of the CARES Act, as part of income relief, and set to expire in September 2020 – but it was extended …

So said Fed Chair Jerome Powell in his much-awaited Jackson Hole speech. The “job” in this case refers to getting inflation down to their 2 percent target. That was really the big story. 

The largest deficit reduction bill since 2011 has crossed the finish line. President Biden signed the Inflation Reduction Act into law August 16, and despite its name, it’s not expected to impact inflation in a meaningful way, particularly over the short term. Rather, it addresses the energy sector, taxes and health care costs, and signifies …

Whether we are in a recession is top of mind right now, with good reason as Americans experience the highest inflation in four decades. Not to mention the fact that we just got two consecutive quarters of negative GDP growth, which, on the face of it, appears to be an open and shut case that …