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Personal Finance Daily: No, Wharton students, the average U.S. worker does not make $800,000 and $50 billion of student debt could be wiped away in bankruptcy, report says

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Fewer U.S. workers belong to labor unions, even as pandemic has shined a light on poor working conditions

Even as union membership declines, union members are getting better pay than their non-unionized counterparts. Read More

$50 billion of student debt could be wiped away in bankruptcy, report says

Private student loans held by 2.6 million borrowers could be discharged in federal court, according to the Student Borrower Protection Center. Read More

‘Your great-great-great-grandchildren will still be getting immunized against coronavirus’: This Mayo Clinic doctor says it’s too late to eradicate COVID-19

Will the SARS-CoV-2 coronavirus be eradicated? ‘No, it will not,’ says Dr. Gregory Poland, who studies the immunogenetics of vaccine response at the Mayo Clinic. Read More

Bad news for first-time buyers: Mortgage rates rise to pandemic-era high

Home buyers today can expect to pay nearly $3,000 more a year to own a home than they would have a year ago. Read More

‘There is a penalty for being Black’: How present-day racism devalues Black people and their property — and what to do about it

‘There’s nothing wrong with Black people that ending racism can’t solve,’ says Andre Perry, author of ‘Know Your Price.’ Read More

$1.9 million COVID-19 unemployment scam unravels after fraudsters leave key evidence behind in Yonkers hotel room

Cops were called after hotel staff found hundreds of unemployment debit cards abandoned in a room after checkout, prosecutors said. Read More

Existing-home sales decline amid listings shortage, surprising most economists

Economists had anticipated that home sales would remain flat, following the emergence of the omicron variant. Read More

No, Wharton students, the average U.S. worker does not make $800,000

At one of America’s premier business schools, one question stumped students. Read More

Will Volvo come up with a self-driving car this year? Maybe.

Volvo’s in the mix for autonomous cars, but there are several important caveats to the news. Read More

Airline rewards plans that give you the most bang for your buck

A comparison of U.S. airlines’ rewards programs of how many points earned per dollar spent, along with the value of the points, reveals which is best. Read More

Retirement Hacks: Should you get out of debt before you retire? Here’s what you need to know

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