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Behind America's divided economy: Booming luxury travel and a jump in 'relief' loans
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As student loan forgiveness nears $160 billion, here's what to know about the relief programs
As the Biden administration makes fixes to the country's student loan system, it has made regular announcements that it would cancel large shares of that debt.CNBC - Business -
A Deck Maker's $450 Million Bet on America's Renovation Boom
Trex is building a factory in Arkansas to boost its manufacturing capacity, and it is rolling out new lines of premium decking.The Wall Street Journal - World -
How Biden is winning over corporate America behind closed doors
Biden hosted CEOs of United Airlines, Citi and Marriott International for a private roundtable at the White House earlier in May.CNBC - Business - Joe Biden -
Taiwan’s new leader faces China threat and voters left behind by chip boom
Lai Ching-te brings record of political battle to precarious position between US and increasingly assertive BeijingFinancial Times - World - China -
Ryanair Announces Buyback as Profits Jump
The low-cost carrier will buy back $761 million worth of shares after its core earnings for the fiscal year rose 34%, and said it expected passenger numbers to increase depending on how well Boeing handles its delivery delays.The Wall Street Journal - World -
Richemont overhauls CEO role as it navigates luxury downturn
Swiss company appoints Van Cleef & Arpels head as new group chiefFinancial Times - Business -
Armed robbers hit luxury jewelry store in Paris
French police are hunting for armed robbers who hit a jewelry store on one of Paris' poshest streets.CBS News - Top stories -
Inside Britain’s Chinese student boom
Universities are increasingly reliant on a growing cohort. What does it mean on campus and off?Financial Times - World - China -
The HTSI spring travel special
Find your oasis, from luxury in Luxor, to salmon fishing in Scotland and the rebirth of the great American motelFinancial Times - Business -
Consumer bureau case divides SCOTUS conservatives
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Conservative justices split on CFPB ruling The Supreme Court’s most conservative justices were divided this week over a decision to ...The Hill - Politics
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Microsoft announces new PCs with AI chips from Qualcomm
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JPMorgan CEO Jamie Dimon signals retirement is closer than ever
The ambiguity of Dimon's plans has made succession timing at JPMorgan one of the persistent questions for the bank's investors and analysts. He is 68.CNBC - Business -
Supreme Court Justice Alito sold Bud Light stock, then bought Coors during boycott
Samuel Alito sold AB InBev stock and bought Molson Coors on the same day, according to a financial transaction report on the Supreme Court justice.CNBC - Business -
Exxon faces opposition from CalPERS after 'devastating' anti-ESG activist suit
CalPERS is withholding its support for Exxon CEO Darren Woods after the company sued environmentally focused activist investors.CNBC - Business -
Shares of Hims & Hers Health surge 30% after startup says it will offer GLP-1 injections
The GLP-1 market has faced supply constraints in recent months as drugs like Ozempic and Wegovy continue to skyrocket in popularity.CNBC - Business