Administration
Biden Announces Another Student Debt Relief Plan For Borrowers In Time Before Election
If approved, a new student loan policy that the Biden administration unveiled on Monday will take away debt payments for millions of Americans.
brooke mallory
Social Security Overpayment Errors Worth $11B Prompt Major Debt Worries For Millions Of Recipients
In a letter on Thursday, Senators Gary Peters and Debbie Stabenow asked the Social Security Administration (SSA) to take aggressive measures against its overpayment errors.
credit card
U.S. Credit Card Debt Reaches Record High $1.13T
Credit card debt across the United States hits another record high, according to the latest report.
737 MAX safety grounding
Mid-air blowout puts Boeing back in the hot seat
A mid-air blowout has put jetmaker Boeing in the exact place investors and management hoped it would avoid – back in the regulatory crosshairs.
college
Shark Tank’s Kevin O’Leary: Biden Admin’s Push To Cancel Student Loan Debt Is ‘Un-American’
President Biden’s claimed intentions to forgive student loan debt is drawing criticism yet again, with one well-known investor and television personality calling the move “un-American.”
Alex Jones
Sandy Hook Families Offer To Settle Alex Jones’ $1.5B Legal Debt For $85M
Sandy Hook families who won almost $1.5 billion in their legal battle against Infowars host Alex Jones have offered to settle that debt for less money.
Business
As global debt worries mount, is another crisis brewing?
Record debts, high interest rates, the costs of climate change, health and pension spending and fractious politics are stoking fears of a financial market crisis.
brooke mallory
Biden’s new student loan bailout plan would cost $475B over next decade
According to the Penn Wharton Budget Model, President Joe Biden’s new income-driven repayment plan for student loans will cost $475 billion over the next ten years, which is tens of billions more than a previous proposal that the Supreme Court rejected last month.
Debt
House clears debt ceiling resolution in a 314-117 vote
The House has passed resolution to raise the debt ceiling.