Latest in Secures Billion Loan
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Social Security to increase overpayment withholdings to 100% from 10%
The clawback reversal would apply to new overpayments and will save $7 billion over 10 years.MarketWatch - 22h -
Trump to sign executive order limiting Public Service Loan Forgiveness program
President Donald Trump is expected to sign an executive order excluding certain student loan borrowers from the Public Service Loan Forgiveness program.CNBC - 3d -
What student loan borrowers should know as Trump targets Public Service Loan Forgiveness
President Donald Trump signed an executive order that aims to limit eligibility for a popular student loan forgiveness program. Here's what you need to know.CNBC - 23h -
When you should get a home equity loan from a different lender
Should you use a new lender to get your home equity loan? Here's when it may be worth doing.CBS News - 1d -
Trump says Education Dept. shouldn't handle student loans: 'Not their business'
It's a major challenge to the Trump administration's plans to dismantle the Education Department: How to transfer the loan accounts of over 40 million people.CNBC - 1h -
Sweden says Russia is greatest threat to its security
The nation's security service says there is a "tangible risk" of the security situation deteriorating further.BBC News - 5h -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - 19h -
Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022
The seven most valuable tech companies lost more than $750 billion in market value on MondayCNBC - 23h -
Why Social Security’s Future Could Be in DOGE’s Hands
Trump promised that Elon Musk’s DOGE wouldn’t touch Social Security. But DOGE is already making cuts to the agency.Inc. - 2d -
Social Security's plan to get overpayments back
The Social Security Administration (SSA) announced its plan to recover 100% of overpayments to beneficiaries. CBS News' Lindsey Reiser reports.CBS News - 23h -
U.S. to restart intelligence sharing and security assistance to Ukraine
The United States will immediately lift a pause on intelligence sharing with Ukraine and resume providing security assistance to Volodymyr Zelenskyy's government.NBC News - 1h -
White House crypto czar says public has 'lost out on over $17 billion'
Crypto czar David Sacks argued taxpayers have lost out on billions because earlier administrations never took advantage of bitcoin in the government's possession.ABC News - 3d -
OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services
Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.CNBC - 23h -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - 1h -
Schumer assails Musk for claiming Social Security rife with fraud
Senate Democratic Leader Chuck Schumer (N.Y.) on Tuesday slammed tech billionaire Elon Musk for claiming that Social Security is plagued by widespread fraud and that as many as 20 million “dead” ...The Hill - 4h -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - 2h -
Here's what to know about Social Security's new overpayment rule
The policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.CBS News - 21h -
Elon Musk Suggests DOGE Team Will Scrutinize Social Security and Entitlement Spending
In an interview with Larry Kudlow, Elon Musk claimed that fraud in Social Security and other major programs was “the big one to eliminate.”The New York Times - 2h -
Department of Homeland Security begins polygraph tests on employees
Four sources say the Department of Homeland Security has begun performing polygraph tests on employees to determine who might be leaking information to the media about immigration operations. NBC ...NBC News - 1d -
Social Security payments scrutinized by DOGE amid search for fraud
DOGE is sifting through Social Security payments in an anti-fraud effort that has some worried the administration could deny payments to vulnerable older Americans.ABC News - 1d -
D.C. Mayor calls out ‘$1.1 billion problem’ in House GOP stopgap plan
Washington, D.C., Mayor Muriel Bowser (D) on Monday sounded alarm over what she described as a "$1.1 billion problem" in a plan rolled out by House Republicans to keep the government funded beyond ...The Hill - 17h -
Tulsi Gabbard pulls security clearances for top Biden officials and those who went after Trump
National Intelligence Director Tulsi Gabbard said Monday she has stripped security clearances from dozens of former national security officials, the Manhattan district attorney who secured a felony ...NBC News - 19h -
Walgreens to Be Acquired by Sycamore Partners in $10 Billion Deal
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.The New York Times - 4d -
Should you open a home equity loan before the March Fed meeting?
With the Fed set to meet soon to determine interest rate policy, homeowners may be thinking of taking action now.CBS News - 22h -
Argentina’s Milei signs decree paving way for IMF loan deal
Libertarian leader shields long-awaited agreement from potential defeat in opposition-dominated senateFinancial Times - 15h -
Pimco books 17% instant profit on Thames Water emergency loan
Bond group records windfall on lifeline for UK utility even before deal is finalisedFinancial Times - 14h -
UK watchdog tells banks to prepare for redress scheme on car loans
FCA to announce decision on compensation within six weeks of court rulingFinancial Times - 9h -
Von der Leyen says €150bn defence loans should be spent in Europe
Funds to be used on weapons from EU and like-minded European nations such as UK, Norway and SwitzerlandFinancial Times - 5h -
Unions ask court to stop DOGE from accessing Social Security data of millions of Americans
A group of labor unions asked a federal court for an emergency order to stop DOGE from accessing sensitive Social Security data.NBC News - 3d -
More than 30 nations will participate in Paris planning talks on a security force for Ukraine
Military officials from more than 30 nations are expected to take part in Paris talks on the creation of an international security force for UkraineABC News - 1d -
Rules for repaying Social Security benefits are about to get stricter. Here's what to know
Social Security beneficiaries who receive more money than they are owed will now face a 100% default withholding rate from their monthly checks, the agency said.CNBC - 1d -
Million-dollar wage earners have already stopped paying into Social Security for 2025
In 2025, Social Security payroll taxes apply to wages up to $176,100. Workers with $1 million in annual wages have already stopped paying those taxes for the year.CNBC - 4d -
Rules for repaying Social Security benefits are about to get stricter. Here's what to know.
If you receive more Social Security benefits than you are owed, you may face a 100% default withholding rate from your monthly checks once a new policy goes into effect.NBC News - 1d -
Social Security Workers Aren’t Allowed to Read This Story
New internet restrictions at the embattled SSA have cut off access to WIRED, along with other “general news” websites like The Washington Post and The New York Times.Wired - 5d -
Climate United Sues E.P.A. Over Frozen $20 Billion
In a lawsuit, Climate United claims the E.P.A. is illegally withholding funds that have become a target of the Trump administration.The New York Times - 2d -
Africa Received Billions in U.S. Aid. Here’s What It Will Lose.
The United States spent decades responding to conflicts and disease in Africa. The continent is now expected to be the hardest hit by the Trump administration’s aid cuts.The New York Times - 1d -
In bird flu fight, USDA almost doubling the $1.1 billion already spent
As bird flu continues to spread, impacting poultry farms and the price of eggs, the Agriculture Department says it's almost doubling the amount spent to combat it.CBS News - 1d -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - 38m -
G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget
Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.The New York Times - 39m