Education Department to pause SAVE student loan payments amid legal battle

Education Department to pause SAVE student loan payments amid legal battle

US President Joe Biden speaks about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024.  Andrew Caballero-Reynolds | AFP | Getty Images The U.S. Department of Education says it will pause millions of student loan borrowers’ payments while it defends its relief plan against legal challenges. Borrowers enrolled in … Read more

Here’s how the election could impact the muni bond market

Here’s how the election could impact the muni bond market

The first presidential debate between U.S. President Joe Biden and former U.S. President and Republican presidential candidate Donald Trump is projected on a screen projector during a watch party hosted by the Michigan Conservative Coalition in Novi, Michigan, U.S., June 27, 2024.  Emily Elconin | Reuters With interest rate cuts from the Federal Reserve likely … Read more

Federal appeals court blocks Biden’s new SAVE student loan relief plan

Federal appeals court blocks Biden’s new SAVE student loan relief plan

President Joe Biden delivers remarks on new Administration efforts to cancel student debt and support borrowers at the White House on October 04, 2023 in Washington, DC. Kevin Dietsch | Getty Images A federal appeals court on Thursday issued an order temporarily halting the Biden administration from implementing its new student loan repayment plan, known … Read more

Citadel’s Ken Griffin buys a stegosaurus for $45 million in a record auction sale

Citadel’s Ken Griffin buys a stegosaurus for  million in a record auction sale

People look at a virtually complete Stegosaurus fossil on display at Sotheby’s on July 10, 2024 in New York City. Alexi Rosenfeld | Getty Images Billionaire investor Ken Griffin, founder and CEO of hedge fund Citadel, purchased a late Jurassic stegosaurus skeleton for $44.6 million at Sotheby’s on Wednesday, marking the most valuable fossil ever … Read more

Education Department forgives $1.2 billion in PSLF student debt

Education Department forgives .2 billion in PSLF student debt

US President Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024.  Andrew Caballero-reynolds | AFP | Getty Images The Biden administration announced it will cancel $1.2 billion in student debt for 35,000 workers, as a result of its recent fixes to a popular debt relief program for … Read more

Trump VP Vance on student loan forgiveness

Trump VP Vance on student loan forgiveness

Republican presidential nominee and former U.S. President Donald Trump and Republican vice presidential nominee J.D. Vance applaud during Day 1 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 15, 2024.  Brian Snyder | Reuters Among the policy issues that Donald Trump and his newly chosen running mate Sen. … Read more

Why employees don’t want to work

Why employees don’t want to work

Some workers are phoning it in, and it shows. After mostly trending up for years, workplace engagement has flatlined. Now, only one-third of full- and part-time employees are engaged in their work and workplace, while roughly 50% are not engaged — reflected in the evolution of “quiet quitting” — and the rest, another 16%, are … Read more

Morgan Stanley (MS) earnings Q2 2024

Morgan Stanley (MS) earnings Q2 2024

Ted Pick, co-president of Morgan Stanley, speaks during a Bloomberg Television interview in New York, US, on Thursday, Oct. 26, 2023.  Jeenah Moon | Bloomberg | Getty Images Morgan Stanley is set to report second-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: $1.65 a share, according to LSEG Revenue: $14.3 … Read more

Bank of America (BAC) earnings Q2 2024

Bank of America (BAC) earnings Q2 2024

CEOs from left, Charles Scharf, Wells Fargo, Brian Moynihan, Bank of America, and Jamie Dimon, JPMorgan Chase, testify during the Senate Banking, Housing, and Urban Affairs Committee hearing titled “Annual Oversight of Wall Street Firms,” in Hart Building on Wednesday, December 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Bank of America … Read more

Trump assassination attempt: Wall Street CEOs react

Trump assassination attempt: Wall Street CEOs react

JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters The leaders of Wall Street’s most powerful firms are speaking out to condemn the attempted assassination of former … Read more