Biden administration wipes out $39bn in student loan debt
Republicans called the debt write-off for 800,000 borrowers "a slap in the face to hard-working taxpayers".
2023-07-15 09:15
US Virgin Islands seeks $190 million from JPMorgan as part of Jeffrey Epstein lawsuit
The US Virgin Islands is seeking $190 million in penalties and disgorgement from JPMorgan Chase and requesting that it implement safeguards against human trafficking in its ongoing case alleging the bank benefited financially from disgraced financier Jeffrey Epstein's sex trafficking operation and failed to report suspicious financial activity.
2023-07-15 08:52
'Cruel Summer' for Taylor Swift fans in Asia as Singapore shows sell out
Taylor Swift mania has sparked a debate in other places in Asia about why they missed out on such a lucrative event.
2023-07-15 08:50
Why McDonald's dropped tomatoes from Indian menus
A kilo of tomatoes now costs more than a litre of petrol in the country. Here's why.
2023-07-15 08:48
Elon Musk says xAI will examine universe, work with Twitter and Tesla
By Sheila Dang and Krystal Hu (Reuters) -Elon Musk on Friday said the purpose of his new artificial intelligence company,
2023-07-15 08:27
Federal appeals court rules Microsoft can close its Activision merger
A federal appeals court said it will not block Microsoft from closing its $69 billion acquisition of Activision Blizzard, handing the Federal Trade Commission its second major defeat this week in a case involving the future of the video game industry.
2023-07-15 07:46
Biden administration announces $39 billion in student debt relief following administrative fixes
The Biden administration announced Friday that 804,000 borrowers will have their student debt wiped away, totaling $39 billion worth of debt, in the coming weeks due to fixes that more accurately count qualified monthly payments under existing income-driven repayment plans.
2023-07-15 05:16
'There is no Coco Chanel': Lawsuit accuses Shein of copyright infringement
Three graphic designers are suing Chinese fast-fashion giant Shein over what they allege is "egregious" copyright infringement and racketeering.
2023-07-15 04:47
US banks warn stricter capital rules will raise prices
By Pete Schroeder and Nupur Anand WASHINGTON/NEW YORK U.S. bank executives warned on Friday that looming higher capital
2023-07-15 04:18
AT&T Falls to 29-Year Low Amid Concerns of Cleanup Costs
AT&T Inc. shares hit an almost three-decade low Friday amid growing concerns of the potentially high costs the
2023-07-15 04:16
Crypto Market Is Celebrating SEC’s Setback in Ripple Suit. But the Case Is Far From Settled
A US Securities and Exchange Commission lawsuit against Ripple Labs Inc. has kept crypto on edge since 2020
2023-07-15 03:28
JPMorgan Eyes Sale of $350 Million Loan on Manhattan’s HSBC Tower
JPMorgan Chase & Co. is looking to sell a loan backed by Manhattan’s HSBC Tower as banks face
2023-07-15 02:57