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Americans anxious about money safety after bank failures: survey

The recent collapses of tech-friendly banks, including Silicon Valley Bank (SVB) and Signature Bank were why 48% of Americans said they were stressed about the safety of the money they have in accounts at banks or other financial institutions, according to a Gallup survey.

Job growth keeps Fed's eye on future interest rate hikes

Job growth held steady with an addition of 339,000 jobs in May, according to the latest Bureau of Labor Statistics (BLS) data. But a strong labor market could mean the Fed will keep raising interest rates, experts said.

Debt ceiling deal suspends student loan payment pause

The most recent debt ceiling deal would end the federal student loan payment pause after Aug. 30. But Biden’s student loan forgiveness plan is still under review by the Supreme Court. Here’s what you need to know.