Economics

• The debt ceiling looming over DC. (NYT-subscription may be required) (Look out for an EconExtra on this topic posting tomorrow-9/25)
• The Federal Open Market Committee met this week, keeping interest rates unchanged but signaling it may slow some of its support. (Yahoo Finance)
  • (If you have an hour and want to watch the Powell press conference, it’s available on YouTube.)
• Housing market is calming down. (Yahoo Finance)
• Jobless Claims this week largely unchanged. (CNBC)

Investing

• Here is a review of the stock market this week: (CNBC)
• A Chinese real estate powerhouse called Evergrande is all over the news, and not for its good news. If you want to understand why, here are a handful or articles that try to explain it.

CNN

Reuters

Yahoo Finance

Business Week

• What happens when the market undergoes a “correction?” This article includes good historical perspective and a great graph with data back to 1928. (Ben Carlson is not that concerned about Evergrande..) (A Wealth of Common Sense)

Banking

• Net Interest’s Marc Rubenstein looks around the world at models for lending to people who need it most, people without any collateral.

Student Loans

• Why teachers are getting rejected for student loan forgiveness and what to do if you are hoping to apply. (Forbes)

Taxes

• Still waiting for your 2020 refund? You are not alone. (Don’t Mess With Taxes)

Retirement

• Here are some great tips of steps to take just before and as you retire. (Humble Dollar)

Financial Literacy

• Study finds that employers are trying to help employees with financial wellness through a number of measures. (PRNewswire)
• I usually don't include anything on legislation until it has passed, but there is a bipartisan proposal in the US Senate that involves giving high school students a $300 savings account and offering matching of additional savings. (CNBC)

About the Author

Beth Tallman

Beth Tallman entered the working world armed with an MBA in finance and thoroughly enjoyed her first career working in manufacturing and telecommunications, including a stint overseas. She took advantage of an involuntary separation to try teaching high school math, something she had always dreamed of doing. When fate stepped in once again, Beth jumped on the opportunity to combine her passion for numbers, money, and education to develop curriculum and teach personal finance at Oberlin College. Beth now spends her time writing on personal finance and financial education, conducts student workshops, and develops finance curricula and educational content. She is also the Treasurer of Ohio Jump$tart Coalition for Personal Financial Literacy.

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