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Biden forgives more student loans: 60,000 borrowers will get notices canceling $4.5 billion in debt
The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers.Business - CNBC - October 17 -
Biden extends student loan payment pause by 6 months for 8 million SAVE plan borrowers
Student loan payments for some 8 million borrowers will remain on pause for six months or longer, a spokesperson for the U.S. Department of Education said.Business - CNBC - October 21 -
America’s economy looks strong. So why is Wall Street worrying about renters and younger borrowers?
It isn’t only subprime — renters and younger borrowers are weaker spots in an otherwise solid backdrop for consumer debt.Business - MarketWatch - October 21 -
Borrowers on the SAVE plan will be in forbearance for at least 6 more months—what to know if you're enrolled or want to apply
Borrowers can once again apply for the new Saving on a Valuable Education plan, but it's unclear if and when the benefits will go into effect.Business - CNBC - October 22 -
Student-loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives
Student-loan borrowers struggling financially may have a path toward debt relief if the Biden administration gets its way.Business - MarketWatch - October 25 -
Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin
The Biden administration introduced a proposal to deliver student loan forgiveness to millions of people experiencing devastating financial hardship.Business - CNBC - October 25 -
8 million student loan borrowers would qualify for relief under Biden 'hardship' rules
The Biden administration announced on Friday proposed rules to give student debt relief to borrowers experiencing “hardship” in the president’s latest attempt to forgive student loans. The ...Politics - The Hill - October 25 -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - October 30 -
Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK
British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...World - ABC News - October 30 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - October 31 -
UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts
Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...World - The Guardian - October 31 -
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3 ways President-elect Donald Trump's next term may impact student loan borrowers
The former president will return to the White House in January 2025 following his win over Vice President Kamala Harris.Business - CNBC - 5 days ago -
How to say 'no' when family and friends ask to borrow money, from a financial therapist
Here's one way to set financial boundaries with friends or family members and how to manage guilt when you need to say no, according to a financial therapist.Business - CNBC - 3 days ago -
I’m 69 and have $10,000 in legal bills from my divorce. Is now the time to borrow from my IRA?
“I never dreamed I’d be in this position.”Business - MarketWatch - Yesterday -
What will a second Trump term mean for student-loan borrowers? Project 2025 and the Betsy DeVos era offer clues
The president-elect’s approach to student-loan debt is likely to mark a radical departure from the Biden administration’sBusiness - MarketWatch - Yesterday -
30% of federal student loan borrowers have gone without food or medicine, CFPB finds
Thirty percent of student loan borrowers say they've gone without food or medicine due to their monthly bills, the Consumer Financial Protection Bureau finds.Business - CNBC - 8 hours ago -
Fuel shortage starting to subside in Florida as cleanup from Milton continues
Floridians are still picking up the pieces after Hurricane Milton struck last week, but fuel is slowly returning to the state after an initial shortage in the aftermath of the storm. CBS News ...Top stories - CBS News - October 15 -
Fossil fuels could become cheaper and more abundant, says IEA
International Energy Agency says transition to clean energy means there will be a surplus of oil, gas and coal. Fossil fuels could soon become significantly cheaper and more abundant as governments ...World - The Guardian - October 16 -
Judge's HR fuels Yanks: 'Ghosts were pulling' to CF
Aaron Judge hit a two-run drive into Monument Park for his first home run of this postseason, and the Yankees beat the Guardians 6-3 to take a 2-0 ALCS lead.Sports - ESPN - October 16 -
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Fuel tanker truck explosion kills more than 140 people in Nigeria
Dozens of people in northern Nigeria were killed in a massive explosion as they tried to scoop up fuel from a crashed tanker truck.Top stories - CBS News - October 16 -
At least 94 people killed after fuel tanker explodes in Nigeria
At least 94 people were killed and 50 others wounded when the driver of a fuel tanker lost control and it crashed and exploded in northern Nigeria, police said.Top stories - NBC News - October 16 -
Fuel Tanker Explosion Leaves at Least 150 Dead in Nigeria
Residents of a nearby town went to scoop up gasoline that had spilled from an overturned tanker, but then it exploded, setting off an inferno. Several similar disasters have taken place in recent ...World - The New York Times - October 17 -
More than 100 killed in Nigeria fuel tanker explosion
Incident comes as citizens in Africa’s most populous nation struggle with end of petrol subsidiesWorld - Financial Times - October 16 -
Free speech is under attack — and the nation’s leaders are adding fuel to the fire
Freedom of expression is an abstract notion that only works when a citizenry understands it and commits to its functioning.Politics - The Hill - October 16 -
Explosion kills scores of Nigerians collecting fuel from crashed tanker
People were collecting fuel from tanker that had crashed when it blew up, according to local police. More than 140 people have died in an explosion while rushing to scoop up fuel from a crashed ...World - The Guardian - October 16 -
Amazon and Google's plans for fueling data centers: Nuclear power
Amazon on Wednesday said it's investing in small nuclear reactors, two days after Google announced its own nuclear plans.Top stories - CBS News - October 16