Tyler Foster
Latest Articles by Tyler Foster
7.5 million borrowers just lost the SAVE plan — they have 90 days to switch or the government auto-enrolls them in a plan that could triple monthly payments
On July 1, federal loan servicers will begin mailing notices to every borrower still enrolled in the SAVE repayment plan. Each letter will contain a...
Meta is cutting 8,000 workers on May 20 and canceling 6,000 open roles — while spending up to $135 billion on AI this year
For the roughly 8,000 Meta Platforms employees who opened an internal memo on a late-April morning and learned their roles would be eliminated on May...
The AI layoff wave just accelerated — Cloudflare cut 20% of its staff despite record revenue, PayPal is cutting 20% over 3 years, and 92,000 tech workers have been laid off in 2026 so far
On May 7, roughly 1,100 Cloudflare employees learned their jobs no longer existed. Hours earlier, the company had reported the best quarterly revenue in its...
Social Security’s 2.8% COLA added $56 a month — but Medicare’s Part B premium hike swallowed $17.90 of it, and retirees on fixed incomes are netting just $38 more
Every January, millions of retirees open their bank statements hoping to see the full effect of Social Security’s annual cost-of-living adjustment. In January 2026, the...
Mortgage rates climbed back to 6.37% — the spring dip to 6.02% is completely gone — and the average new purchase loan just hit a record $467,300
That brief stretch this spring when mortgage rates dipped below 6.1% and buyers started feeling a flicker of optimism? It is over. The average 30-year...
The FBI says bank spoof calls are draining accounts in minutes — scammers now send 100,000 texts a day, and Fidelity flagged a $15 billion fraud wave targeting Americans’ savings
A retired teacher in Ohio picks up a call that shows her bank’s name on the screen. The voice on the other end knows her...
The Buffett Indicator just hit 232% of GDP — the highest reading ever recorded — and Warren Buffett himself said anything above 200% means you’re “playing with fire”
Warren Buffett has been selling stocks for two straight years, and he is not being subtle about it. By the end of the first quarter...
Subprime auto loan delinquencies just hit a 32-year record — and the average car payment climbed to $767 a month for a new vehicle
In October 2025, 6.65% of subprime auto borrowers tracked by Fitch Ratings were at least 60 days behind on their car payments. That is the...
SpaceX is expected to file its IPO prospectus next week — at $1.75 trillion, it would be the largest public offering in U.S. history by a factor of 10
SpaceX is preparing to go public at a valuation that dwarfs anything Wall Street has ever seen. The rocket and satellite company founded by Elon...
42% of Americans say they’ll have credit card debt until they die — total card balances just crossed $1.33 trillion at an average APR of 22.3%
Forty-two percent of Americans who carry a credit card balance believe they will be in credit card debt for the rest of their lives. That...
Nvidia pumped $40 billion into AI companies this year — $30 billion to OpenAI alone — and critics say it’s a circular deal where Nvidia funds its own customers to buy more Nvidia chips
Nvidia has committed roughly $40 billion to artificial intelligence companies in 2026, with an estimated $30 billion flowing to a single recipient: OpenAI. The chipmaker’s...
Upwork cut a quarter of its workforce and said AI means it “moves faster with smaller teams” — the stock dropped 19% and its AI-related revenue rose 40%
Upwork told roughly 300 employees in early May 2026 that their jobs were gone, and the company did not soften the reason: artificial intelligence had...
The new student loan repayment plan launches in 53 days — and it’s the only income-driven option left after Trump killed SAVE, Grad PLUS, and every other IDR plan
If you owe federal student loans and haven’t been paying close attention, here is the short version: every income-driven repayment plan you’ve heard of is...
Bitcoin slid below $80,000 after Iran rejected the U.S. deal — and the strong jobs report gave the Fed another reason to keep rates high
Bitcoin slid below $80,000 after Iran rejected the U.S. deal and the strong jobs report gave the Fed another reason to keep rates high. The...
The S&P 500 crossed 7,400 for the first time and posted six straight winning weeks — traders on Kalshi give 59% odds it hits 8,000 this year
The S&P 500 touched 7,400 during trading on Friday, May 8, 2026, a level the index had never reached before. It pulled back slightly into...
The IRS may owe you money from COVID-era penalties — but you have to mail a paper form by July 10 or lose it forever
Millions of Americans paid IRS penalties during the COVID-19 pandemic, wrote off the loss, and never looked back. That may have been a costly mistake....