Biden administration may expand student loan forgiveness plan

Biden administration may expand student loan forgiveness plan

U.S. President Joe Biden speaks to United Auto Workers members at the UAW’s Community Action Program legislative conference in Washington, D.C., on Jan. 24, 2024. Leah Millis | Reuters The Biden administration announced on Wednesday that it will try to deliver student loan forgiveness to borrowers experiencing financial hardship. After the Supreme Court struck down … Read more

Nikki Haley super PAC comes into 2024 with $3.5 million in war chest

Nikki Haley super PAC comes into 2024 with .5 million in war chest

Republican presidential candidate and former U.S. Ambassador to the United Nations Nikki Haley visits a polling place as voters cast their votes in the New Hampshire presidential primary election in Hampton, New Hampshire, U.S., January 23, 2024.  Brian Snyder | Reuters A political action committee backing former U.N. ambassador Nikki Haley entered the election year … Read more

QAnon-linked legal fund spent $400,000 defending Trump allies, filing shows

QAnon-linked legal fund spent 0,000 defending Trump allies, filing shows

Former U.S. President Donald Trump speaks to a crowd during a campaign rally on September 25, 2023 in Summerville, South Carolina. Sean Rayford | Getty Images A fund intended to pay the legal bills of former president Donald Trump’s allies backed chiefly by reported QAnon supporters has spent nearly $400,000, the bulk of which went … Read more

Trump campaign chief urges Republican megadonors to ignore his words

Trump campaign chief urges Republican megadonors to ignore his words

Former U.S. President Donald Trump speaks to his supporters, as he departs for his second civil trial after E. Jean Carroll accused Trump of raping her decades ago, outside a Trump Tower in the Manhattan borough of New York City, U.S., January 26, 2024.  Eduardo Munoz | Reuters A top adviser to Donald Trump’s 2024 … Read more

FBI shut down China ‘Volt Typhoon’ hackers targeting U.S.

FBI shut down China ‘Volt Typhoon’ hackers targeting U.S.

The FBI shut down a major China-backed hacking group that attacked hundreds of routers and had been working to compromise U.S. cyber infrastructure, FBI Director Christopher Wray announced Wednesday at a House committee hearing. The hacking group, code-named “Volt Typhoon,” had compromised hundreds of office and home-office routers to allow the Chinese government to access … Read more

Oil poised for best month since September

Oil poised for best month since September

Oil prices are on pace for the first monthly gain since September as the U.S. and Iran stand on the brink of a more direct confrontation in the Middle East. The West Texas Intermediate contract for March was last down $1.09, or 1.40%, to trade at $76.73 a barrel on Wednesday. The Brent contract for … Read more

Saudi Arabia’s fourth-quarter GDP falls 3.7% year-on-year

Saudi Arabia’s fourth-quarter GDP falls 3.7% year-on-year

Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia’s fourth-quarter real GDP fell 3.7% year-on-year, according to flash estimates published by the General Authority for Statistics on Wednesday. That’s a smaller drop than the 4.4% year-on-year slide in the third quarter. The drop was attributed to a 16.4% decline in oil activities, while … Read more

Trump allies target Taylor Swift ahead of Super Bowl

Trump allies target Taylor Swift ahead of Super Bowl

Taylor Swift performs during The Eras Tour at SoFi Stadium in Inglewood Monday, Aug. 7, 2023. (Allen J. Schaben / Los Angeles Times via Getty Images) Allen J. Schaben | Los Angeles Times | Getty Images Taylor Swift endorsed President Joe Biden’s winning 2020 campaign — and while she hasn’t backed Biden’s reelection bid yet, … Read more

World’s No. 1 shipper pleads with Congress to help end Houthi ‘chaos’

World’s No. 1 shipper pleads with Congress to help end Houthi ‘chaos’

A cargo ship crosses the Suez Canal, one of the most critical human-made waterways, in Ismailia, Egypt on December 29, 2023.  Fareed Kotb | Anadolu | Getty Images The world’s largest shipping company, MSC, and several retail and trade experts warned Congress on Tuesday that if the Red Sea chaos caused by Houthi rebel attacks … Read more

Ken Griffin donated $5 million to Nikki Haley super PAC

Ken Griffin donated  million to Nikki Haley super PAC

Citadel CEO Ken Griffin, a billionaire and major Republican campaign donor, gave $5 million to a political action committee backing former South Carolina Gov. Nikki Haley over Donald Trump in the GOP primary for president, according to his company spokesman. Griffin wrote the seven-figure check in January to the SFA Fund, a super PAC that … Read more