Latest in Hardship Billionaire
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Elon Musk asks voters to brace for 'hardship' as billionaire plans deep spending cuts from potential Trump cabinet post
In the home stretch of the 2024 election, voters who’ve been weighing both campaigns’ proposals to tackle living costs are now hearing a new pitch from the Republican side: accept some short-term ...Top stories - NBC News - 8 hours ago -
How to qualify for a credit card hardship program this November
If you can't pay your credit card bills, a hardship program could provide relief, but you'll need to qualify first.Top stories - CBS News - 2 days ago -
Biden tries again at student loan cancellation, for those in financial hardship
The Biden administration is moving ahead with a new path to student loan cancellation for Americans who face steep medical bills, child care costs and other types of financial hardship that prevent ...Top stories - ABC News - 5 days ago -
Biden unveils new student debt plan for people with financial hardships
President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships.Top stories - CBS News - 5 days ago -
Biden Administration Floats Student Loan Relief for Borrowers Facing Hardship
The proposal, which faces tough legal prospects, would offer forgiveness to millions of borrowers who are unable to pay back their loans because of financial setbacks.Business - The New York Times - 4 days ago -
Elon Musk says Trump's economic plans could cause 'temporary hardship'
Musk, the world's richest person, is a prominent supporter of Trump.Top stories - ABC News - 2 hours ago -
Steve Ballmer on becoming one of the world's richest billionaires
LA Clippers owner and former Microsoft CEO Steve Ballmer, has seen his net worth soar north of $120 billion.Top stories - CBS News - October 13 -
China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - Financial Times - Yesterday -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - 13 hours ago -
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 - 5 days ago -
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 - 5 days ago -
Elon Musk predicts ‘hardship,’ economic turmoil and a stock market crash if Trump wins.
Musk’s agenda is like your new family doctor promising a major dose of brutal chemotherapy when you are perfectly healthy and cancer-free.Business - MarketWatch - 9 hours ago -
Elon Musk battles Indian billionaires over satellite internet spectrum
Starlink head in spat with owners of Reliance Jio and Bharti Airtel mobile networks who call for space bandwidth auctionsWorld - Financial Times - October 16 -
Billionaire Tom Gores to buy 27% of the LA Chargers for $750 million
Gores is buying in at an enterprise value of $4 billion, more than a 30% discount to the team's value of $5.83 billion, according to CNBC's 2024 rankings.Business - CNBC - October 17 -
Billionaire investor says market is 'very convinced' of Trump victory
Billionaire investor Stanley Druckenmiller said Wednesday that the market is “very convinced” of an election victory for former President Trump. “I must say, in the last 12 days, the market and the ...Politics - The Hill - October 17 -
Battle of the billionaires: Harris deploys Mark Cuban as Elon Musk stumps for Trump
As Elon Musk steps up his work on behalf of former President Donald Trump, Kamala Harris is calling in her own billionaire, Mark Cuban.Politics - NBC News - October 17 -
How Silicon Valley Billionaires Became Trump’s Biggest Donors
Elon Musk and a group of Silicon Valley allies have built a shadow campaign to put Donald Trump back in office.Top stories - The New York Times - October 18 -
Meet David Hoffmann, the Florida Billionaire Buying Up Print Newspapers
David Hoffmann has already bought 5 percent of one of America’s largest newspaper companies. Now, he wants to control the whole thing.Business - The New York Times - October 22 -
Legal concerns over billionaire Elon Musk PAC giveaway to support Trump
A campaign tactic by Donald Trump ally Elon Musk is raising new legal concerns. The billionaire is offering a big cash prize to battleground state voters who sign a petition for his Trump super ...Top stories - CBS News - October 22 -
Another billionaire investor positions for a Trump win. He’s placing ‘inflation trades.’
Legendary investor Paul Tudor Jones said Tuesday he’s moved his portfolio in the direction of a victory by Donald Trump in the Nov. 5 presidential election, but warned of a potential reckoning over ...Business - MarketWatch - October 23 -
Musk v Ambani: Billionaires battle over India's satellite internet
Musk's Starlink and Mukesh Ambani are preparing to face off in India’s satellite broadband market.Top stories - BBC News - October 22 -
Democrats rip Musk as billionaire takes leading role in Trump campaign
Billionaire tech magnate Elon Musk is drawing attacks from top Democrats and concern from election watchdogs as he barnstorms for former President Trump in a crucial swing state. Over the past ...Politics - The Hill - 5 days ago -
‘Anticipatory obedience’: newspapers’ refusal to endorse shines light on billionaire owners’ motives
The Los Angeles Times and the Washington Post both declined to endorse a candidate – a sign of political media capture. When two American billionaires blocked the newspapers they own from endorsing ...World - The Guardian - 4 days ago -
Battle of the billionaires: the mega rich spending to swing the US election
A small number of big spenders are having an outsize effect on fundraising in the 2024 presidential voteWorld - Financial Times - 3 days ago -
Who is Bidzina Ivanishvili, the shadowy billionaire behind Georgia’s pivot to Russia?
Country’s wealthiest and most influential figure has guided shift away from the west while cultivating an air of mystery. In the winding streets of ancient Tbilisi, one is ever under his watchful ...World - The Guardian - 3 days ago -
The Washington Post is a reminder of the dangers of billionaire ownership | Siva Vaidhyanathan
In blocking the newspaper from endorsing Kamala Harris, Jeff Bezos is not acting cowardly so much as slyly. Last week the Washington Post refrained from endorsing a candidate in the presidential ...World - The Guardian - Yesterday -
Billionaire founder of Raising Cane's Chicken Fingers: One 'stupid' strategy nearly cost me my business
"My dream almost just went away," recalls Raising Cane's Chicken Fingers founder Todd Graves, after he made this financial mistake while getting started.Business - CNBC - October 12 -
Mark Cuban mocks Trump's tariff ideas at Harris campaign rally as Elon Musk tours PA with pro-Trump PAC
Mark Cuban in a recent Harris campaign press call slammed Donald Trump and called his sweeping tariff plans "lunacy."Business - CNBC - October 17 -
Billionaire Ripple founder has given more than $11.8 million to Harris campaign
Fresh election data shows that with two weeks to go until the general election, the crypto industry mostly donated to Vice President Kamala Harris.Business - CNBC - October 21 -
Warren Buffett isn’t endorsing any candidates even as other billionaires back Trump or Harris
Billionaire investor Warren Buffett isn’t endorsing any political candidates or investment products and doesn’t want investors to get duped into thinking otherwise.Business - MarketWatch - October 23 -
Patrick Soon-Shiong: the billionaire LA Times owner who blocked Harris endorsement
Biotech tycoon’s decision to refuse to allow presidential endorsement led to resignations and subscribers’ revolt. In 2020, Patrick Soon-Shiong wrote an article for the Los Angeles Times, the ...World - The Guardian - 5 days ago -
Wise's billionaire CEO fined £350,000 by UK regulators over failure to report tax issue
Kristo Käärmann, CEO and co-founder of Wise, was ordered by regulators to pay a £350,000 fine due to a breach of senior manager conduct rules.Business - CNBC - 2 days ago -
The Guardian doesn’t ‘sanewash’ Trump or take orders from a billionaire owner. That’s why I’m proud to write here | Rebecca Solnit
Thanks to reader support, the Guardian is free from the political and commercial pressures that influence other US outlets. Please help us raise the $2m we need to keep up our momentum. . The ...World - The Guardian - Yesterday -
Founder of TikTok owner ByteDance jumps to top of China’s rich list as number of billionaires shrinks
Zhang Yiming, the founder of TikTok owner ByteDance, is China’s richest person, with personal wealth of $49.3 billion, an annual rich list showed Tuesday.Top stories - NBC News - 9 hours ago