“I am so happy that Biden kept his promise,” said Lea Ceasrine, 28, after the White House announced on Wednesday it will cancel up to $10,000 in federal student debt and up to $20,000 for recipients of Pell Grants who meet income qualifications. As one of the roughly 27 million borrowers who earn under $125,000 a year
AR-15 style rifles are displayed for sale at Firearms Unknown, a gun store in Oceanside, California, U.S., April 12, 2021. Bing Guan | Reuters New Biden administration rules that put homemade firearm kits used to build “ghost guns” in the same legal category as traditional firearms went into effect on Wednesday after federal judges declined
Marc Benioff, co-founder and co-CEO of Salesforce, speaks at the TIME100 Gala on June 8, 2022, in New York. Kevin Mazur | Getty Images Salesforce reported earnings and revenue that topped analysts’ estimates but gave a disappointing forecast for fiscal 2023. The stock slid 7% in extended trading on Wednesday. The enterprise software maker said
President Joe Biden’s long-awaited plan to forgive student debt, announced Wednesday, drew immediate pushback from some lawmakers and consumer groups even as they praised the historic measure. The White House said it would cancel $10,000 in federal student debt for most borrowers and up to $20,000 for recipients of Pell Grants, which are available to
Hunter Jarratt was a frequent buyer of Quaker’s apple oats bars — until he realized the size of his favorite snack has decreased in size, even though the packaging looks the same. Hunter Jarratt Hunter Jarratt was a frequent buyer of Quaker’s apple oats bars — until he realized the size of his favorite snack
For millions of Americans, learning Wednesday that the Biden administration plans to move ahead with sweeping student loan forgiveness likely sparked feelings of relief — followed by a lot of questions. The government has already made a surprising number of answers available, though time will tell how smoothly the cancellation unfolds between the U.S. Department
In this article VCSA Anyaberkut | Istock | Getty Images As Vacasa works to grow its share in the vacation rental market, the property management company is tapping longtime travel executive Rob Greyber to be its next CEO. Greyber, who led Expedia‘s Egencia division from 2009 to 2020, will succeed current Chief Executive Matt Roberts,
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PGA Tour Commissioner Jay Monahan speaks during a press conference prior to the TOUR Championship at East Lake Golf Club on August 24, 2022 in Atlanta, Georgia. Cliff Hawkins | Getty Images The PGA Tour on Wednesday announced prize increases, expanded benefits and participation commitments from top players as it faces competition from the upstart
In this article NVDA Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Nvidia reported second quarter earnings that missed Wall Street expectations for revenue and earnings per share.
In this photo illustration the stock trading graph of Nvidia Corporation seen on a smartphone screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in after hours trading. Nvidia – Nvidia slipped 2.5% after quarterly earnings missed Wall Street expectations on the top and bottom line. Nvidia
Count Bill Gates among the many admirers of Dr. Anthony Fauci, the 81-year-old immunologist who plans to leave the U.S. federal government at the end of the year. Gates, the billionaire Microsoft co-founder and health care philanthropist, took to Twitter on Tuesday to shower Fauci’s longtime tenure as director of the National Institute of Allergy
Supachok Pichetkul / Eyeem | Eyeem | Getty Images Some policy experts were quick to sound an alarm after President Joe Biden announced a sweeping new plan Wednesday to cancel up to $10,000 in federal student loans for borrowers with incomes under $125,000. Biden will cancel up to $20,000 for recipients of Pell Grants. The
A sign is posted in front of a home for sale on July 14, 2022 in Corte Madera, California. Justin Sullivan | Getty Images Pending home sales, a measure of signed contracts on existing homes, slipped 1% from June to July, according to the National Association of Realtors. Compared with a year ago, sales were
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In a pattern that has become all too common in recent decades, the newly enacted Inflation Reduction Act (IRA) added yet another layer of tax complexity to an already complex and burdensome federal tax code. While the Inflation Reduction Act increased the Internal Revenue Service (IRS) budget by roughly $80 billion over 10 years, it
An aerial view from a drone shows homes in a neighborhood on January 26, 2021 in Miramar, Florida. According to two separate indices existing home prices rose to the highest level in 6 years. Joe Raedle | Getty Images Home prices declined 0.77% from June to July, the first monthly fall in nearly three years,
In this article URBN Check out the companies making headlines before the bell: Petco (WOOF) – The pet products retailer fell short of Street forecasts on both the top and bottom lines for its latest quarter, and cut its full year outlook as it faced higher costs. Petco shares fell 5.3% in the premarket. Brinker International
Indian yoga and mystic Sadhguru, who is followed by celebrities, reveals how being blissful means he never fails. Photo by Esra Bilgin/Anadolu Agency via Getty Images Sadhguru, the yoga master turned social media celebrity with over 8.6 million Instagram followers, says his philosophy is to always feel “blissed out” — adding that adopting this mindset
Comstock | Stockbyte | Getty Images The labor market is strong, and unemployment is low. But economists fear a recession looms — and 50% of employers expect to reduce headcount in the next six to 12 months, according to a recent PwC survey. Workers who turn to jobless benefits for financial help will find a