Wednesday, May 8, 2024

Biden Administration Begins Canceling Student Loan Debt For 804,000 Borrowers

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Starting Monday, hundreds of thousands of federal student loan borrowers will receive emails from their servicers with the subject line "Your student loans have...

Treasury Secretary Janet Yellen Estimates Government Will Run Out Of Cash By June 5

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Treasury Secretary Janet Yellen on Friday issued a new letter to Congress estimating that the government won't be at risk of running out of...

U.S. Economy Grew 5.7% In 2021; The Fastest Rate Since The Reagan Administration

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The U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with resilience from 2020’s brief but devastating coronavirus...

Payrolls Increased 528,000 In July, Much Better Than Expected In A Sign Of Strength...

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Hiring in July was far better than expected, defying multiple other signs that the economic recovery is losing steam, the Bureau of Labor Statistics...

U.S. Employers Add 528,000 Jobs; Unemployment Falls To 3.5%, Lowest Since Pandemic Struck

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Defying anxiety about a possible recession and raging inflation, America’s employers added a stunning 528,000 jobs last month, restoring all the jobs lost in...

Biden Administration Pauses Until May Student Loan Payment

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The Biden administration announced Wednesday, December 22, 2021, it will extend a pause on student loan payments through May 1 as the omicron variant...

Holiday Sales Rise 8.5%, Despite Omicron And Supply Chain Issues

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Holiday sales rose at the fastest pace in 17 years, even as shoppers grappled with higher prices, product shortages, and a raging new COVID-19...

What Is The US Debt Ceiling And What Happens If It Is Not Raised?

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The US government will hit its borrowing limit – or the debt ceiling – on 19 January, the beginning of what looks to be...

Ukraine Invasion: What Is SWIFT And What Would Banning Russia From Using It Do?

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Russia's invasion of Ukraine has intensified calls to impose sanctions that would devastate the Russian economy and target leaders in its government. One of the...

After Joe Manchin Rejects Biden’s $2 Trillion Spending Plan, Goldman Sachs Cuts U.S. Growth...

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Goldman Sachs has cut its U.S. growth forecast again, citing Democratic Sen. Joe Manchin’s assertion that he won’t back President Joe Biden’s key $2...

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TikTok Ban Is Being Fast-Tracked In Congress. What Does That Mean?

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TikTok may face a crossroads sooner than later, with a divest-or-ban bill getting fast-tracked in Congress. The bill, which would require TikTok's Chinese owner ByteDance...

Organizers Say Colorado Abortion Access Amendment Has Enough Signatures To Make 2024 Election Ballot

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The Coloradans for Protecting Reproductive Freedom coalition, which is working to get a constitutional amendment on the state's ballot that would enshrine abortion access,...

NAIA Bans Transgender Athletes From Women’s Sports

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Athletes in the National Association of Intercollegiate Athletics (NAIA) will only be allowed to compete in women's sports if they were assigned the female...
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