The Biden administration announced Friday it would be automatically forgiving student debt for 804,000 federal borrowers as a result of fixes to income-driven repayment plans. The borrowers — who will be notified of their relief in the coming days, the administration said — will have a total of $39 billion in debt forgiven just weeks
Wealth
In this article MC-FR Follow your favorite stocksCREATE FREE ACCOUNT TAG Heuer is riding a wave of marketing successes and new launches to grow its market share in the luxury watch world, according to its CEO. The company, which is owned by LVMH, opened a flagship boutique on Manhattan’s Fifth Avenue on Wednesday as part
Mark Cuban often sits quietly while his “Shark Tank” co-hosts are in a bidding war — and it isn’t a coincidence. The billionaire investor learned how to use silence to his advantage, he said in a recent discussion with best-selling author Chris Voss on Fireside, the streaming audio app Cuban co-founded. Instead of being first
In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT United Airlines’ new first-class seat. Courtesy: United Airlines United Airlines on Wednesday unveiled its first new seat in nearly a decade for passengers at the front of the plane, becoming the latest carrier to upgrade its cabin as airlines battle for high-paying travelers. The new
In this article AC-FR Follow your favorite stocksCREATE FREE ACCOUNT The Eastern & Oriental Express is heading back to the tracks. Services for the train service are restarting in February 2024, according to an announcement today by the train’s owner, the luxury travel company Belmond. The passenger train, long considered one of the most
Being savvy with money can come with a steep learning curve, even for financial experts. And for recent college graduates, learning how to spend and save can be even more of a challenge. Dan Ariely, a professor of psychology and behavioral economics at Duke University, knows this firsthand. Despite teaching at a top business school, he
The Powerball jackpot has reached $725 million by July 11, 2023. Medianews Group | Getty Images The Powerball jackpot topped an estimated $725 million ahead of Wednesday’s drawing, becoming the seventh-largest prize in the game’s history, according to the lottery. But those winnings drop substantially after taxes. If you score the winning ticket, there are
Beyoncé performs onstage during the “RENAISSANCE WORLD TOUR” at PGE Narodowy on June 27, 2023 in Warsaw, Poland. Kevin Mazur | Wireimage | Getty Images As inflation remains high in many countries around the world, economists have found themselves considering a surprising potential contributor: music concerts. Beyoncé is currently on her first solo tour since
Artificial intelligence tools aren’t just a convenient way to complete homework assignments or edit your selfies and videos. They could be your next source of income if you take advantage of them, says Matt Higgins, a self-made millionaire, CEO of investment firm RSE Ventures and guest star on ABC’s “Shark Tank.” “AI will be the
When Taylor Swift’s Eras tour rolls into Singapore next year, Rjay Ignacio said he’ll be there — whether he has a ticket or not. “Taylor Swift has a huge fan base in Asia,” the YouTube content creator from Pasig City, Philippines said. “So the probability is very small to get a ticket.” But that’s not
As CEO of Microsoft, Bill Gates had a packed schedule — even sending 2:00 a.m. requests to employees. It wasn’t until he saw Berkshire Hathaway CEO Warren Buffett’s personal daybook that Gates learned to cut himself and his workers some slack. “I had every minute packed, and I thought that was the only way you
Justin Sullivan | Getty If you manage to score the winning ticket for the Powerball jackpot this Saturday evening, your winnings will shrink significantly after Uncle Sam takes its share. The Powerball jackpot winner can choose between a lump sum of $310.6 million cash or yearly payments worth $615 million. These are estimates until the
Building wealth might not be as difficult as you think, says self-made millionaire and author of “I Will Teach You to Be Rich” Ramit Sethi. Having spent 20 years of his career writing about money and psychology, Sethi knows what it takes to grow your money. The No. 1 way to get rich: keep it boring,
Travelers looking for a three-Michelin-starred meal in Andalusia will inevitably end up at Aponiente. It’s the only restaurant in the region with the distinction. The restaurant, located in the heart of the Bahia de Cadiz Natural Park, is helmed by Chef Angel Leon. Unlike most Michelin-starred restaurants where seasons inform the menu, Leon’s muses are
Mercedes GP Executive Director Toto Wolff walking in the Paddock prior to the final practice ahead of the F1 Grand Prix of Saudi Arabia at Jeddah Corniche Circuit on March 18, 2023 in Jeddah, Saudi Arabia. Eric Alonso | Getty Images Sport | Getty Images Toto Wolff, team principal and CEO of the Mercedes-AMG Petronas
For Barbara Corcoran, real estate expert and star of ABC’s “Shark Tank,” success is no longer about money. But the very first time Corcoran felt successful was the day she first made a profit. “I made $77,000 running my brokerage firm. I had never made a profit. And I thought, ‘What do I do with
Kim Kardashian has spent her career on camera and red carpets, but the origins of her shapewear company Skims are far less glamorous. For years, the reality star hunted for undergarments to match her skin tone, but most brands only sold products in one or two shades. She’d spend the moments before high-profile events scrambling,
You don’t have to get a college degree to become highly successful. That’s according to Austin Russell, the world’s youngest self-made billionaire, who dropped out of Stanford University in 2012 to start his company, Luminar Technologies, after receiving a $100,000 grant from the Peter Thiel Fellowship. CNBC Make It asked Russell, 28, if he’d recommend
A sign calling for student loan debt relief is seen outside the U.S. Supreme Court in Washington, D.C., on Feb. 28, 2023. Nathan Howard | Reuters If you’re one of the millions of Americans affected by the Supreme Court’s decision to strike down student loan forgiveness, financial advisors have tips before payments resume. The high
JGI/Tom Grill | Tetra images | Getty Images A federal program for low-income elderly and disabled individuals — known as Supplemental Security Income — includes savings limits for beneficiaries that have largely not been updated since the program was created in 1972. Individuals who receive SSI benefits may have just $2,000 in assets, while married
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