Tyler Foster
Latest Articles by Tyler Foster
5 million student loan borrowers are in default — and the Treasury can now garnish their wages, tax refunds, and even Social Security checks to collect
The federal government can take money from your paycheck without a court order. It can intercept your tax refund before it ever reaches your bank...
The new student loan repayment plan launches July 1 — it caps payments at 10% of income, takes 30 years to forgive, and replaces every IDR plan
On July 1, 2026, a borrower earning $50,000 a year with $35,000 in federal student loans will log into their servicer’s website and find that...
The FBI says bank spoof callers are draining accounts in minutes — one Chase customer lost $40,000 after a call that showed Chase’s real number on caller ID
The phone rang, and the caller ID said Chase. A person identifying themselves as a fraud specialist warned of suspicious activity on the account and...
Iran said it “cannot trust the Americans at all” — a ship was seized off the UAE, an Indian cargo vessel was sunk, and the ceasefire expires in 48 hours
Within a single 24-hour stretch in mid-May 2026, armed individuals hijacked a vessel anchored off the United Arab Emirates and forced it toward Iranian waters,...
Credit card balances fell $25 billion last quarter — but 90-day delinquencies hit 13.1%, a 15-year high, because people aren’t borrowing less by choice
A $25 billion drop in credit card debt sounds like Americans are finally getting ahead. That’s the top-line figure from the Federal Reserve’s G.19 consumer...
Cerebras dropped 10% on Day 2 after surging 68% on its IPO — the stock is still 51% above its $185 offering price
Cerebras Systems gave back a chunk of its blockbuster debut on its second day as a public company. Shares of the AI chipmaker fell roughly...
A $25 billion Treasury auction just cleared at 5.046% — the last time the government paid this much to borrow for 30 years was before the iPhone existed
The U.S. Treasury sold $25 billion in 30-year bonds on May 13, 2026, and the clearing yield landed at 5.046 percent. That is the highest...
Trump said he’s “losing patience” with Iran — the ceasefire expires Sunday, oil hit $107, and gas is 16 cents from the all-time U.S. record
The national average price of a gallon of regular unleaded gasoline has climbed to roughly $4.85, putting it within about 16 cents of the all-time...
Retail spending rose for the third straight month — but strip out gas and the American consumer is barely growing at all
Three months of rising retail sales sound like a vote of confidence from American consumers. Look closer, and the streak has a catch: a growing...
132,000 tech workers have been laid off in 2026 — and the companies cutting them just posted record revenues and doubled their AI budgets
By the end of April 2026, technology companies had eliminated roughly 132,000 jobs, according to Layoffs.fyi, the widely cited tracker founded by Roger Lee. The...
Zero rate cuts are priced in for 2026 — and the new Fed chair who started work today has never voted for one
Kevin Warsh walked into the Eccles Building on May 15, 2026, as the 17th chair of the Federal Reserve. The bond market had already written...
Existing home sales barely rose 0.2% in April — but inventory jumped 5.8% to 1.47 million homes, the most buyer leverage since the pandemic
Buyers walking into open houses this spring are encountering something that hasn’t existed since before the pandemic: breathing room. Existing home sales crept up just...
Scam losses doubled in a single year and 40 million Americans were targeted — the average victim now loses more than twice what they did in 2025
A grandmother in Ohio wires $8,000 to someone she believes is her grandson, arrested and desperate for bail money. A college student in Texas watches...
Student loan delinquencies jumped to 10.3% — the highest since 2020 — and defaulted borrowers are also falling behind on credit cards, auto loans, and mortgages
For more than three years, millions of Americans with federal student loans made no payments at all. The pandemic-era freeze, which began in March 2020...
Cerebras raised $5.5 billion in the biggest tech IPO since Uber — then the stock nearly doubled on Day 1 to a $95 billion valuation
When Cerebras Systems priced 30 million shares at $185 each on Wednesday evening, the AI chip startup had already secured its place in Wall Street...
Cisco cut 4,000 workers on the same day it posted record revenue of $15.84 billion — and doubled its AI orders to $9 billion
On May 13, 2026, Cisco Systems did two things simultaneously: it reported the strongest quarter in its 42-year history, and it told nearly 4,000 employees...