‘Stock Prices Will Crater’ if the U.S. Defaults on Debt, Economist Warns

$12 trillion in household wealth could be wiped out, according to one estimate.

January 25, 2023 INVESTING 'Stock Prices Will Crater' if the U.S. Defaults on Debt, Economist Warns $12 trillion in household wealth could be wiped out, according to one estimate. READ MORE

INVESTING Millennials Reported Crypto Transactions on Their Taxes More Than Any Other Age Group Last Year The crypto question on Form 1040 was edited for this year's filing season. READ MORE

EVERYDAY MONEY 'Too Good to Be True': Student Loan Borrowers Start to Doubt Forgiveness Plan The fate of Biden's student loan forgiveness plan sits with the Supreme Court. READ MORE

EVERYDAY MONEY Amazon Prime Members Can Now Get Prescription Drugs for $5 a Month The new feature is called RxPass. READ MORE

RETIREMENT Are Social Security Payments at Risk if the U.S. Defaults on Its Debt? Payments could be delayed, but they won't stop altogether. READ MORE

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