Topline The Biden Administration on Wednesday moved to turn the decade-old Deferred Action for Childhood Arrivals program into a federal rule, aiming to shield DACA—which has protected from deportatio...
Tag: biden
China Admits Companies Hoard Solar. They Got Biden To Remove Tariffs Because Of It
China dominates the global solar industry supply chain, from soup to nuts. No one comes close. … [+] (Photo by In Pictures Ltd./Corbis via Getty Images) Corbis via Getty Images The Chinese gover...
Student Loan Websites Crash After Biden Announces Debt Relief
Topline Scores of student loan borrowers reported they were unable to access their loan details Wednesday after President Joe Biden announced his long-awaited student debt forgiveness plan, which appa...
Biden to Forgive $10,000 in Student Debt, Double for Pell Grant Recipients
(Bloomberg) — President Joe Biden announced a sweeping package of student-debt relief that forgives as much as $20,000 in loans for some recipients, a move he said would help a generation “saddl...
A millennial who paid off $100K in student loans just months before Biden announced forgiveness says the president should ‘forgive all of it’
There was no confetti. No congratulations or fanfare of any kind. No one cheered for Steve, a 36-year-old software engineer in Texas, when he woke up at 6 a.m. on March 15, 2022, and made his final st...
Here’s Who Benefits Most—And Least
Topline Out of the roughly 45 million Americans with federal student loan debt, here’s who stands to benefit the most from the plan announced Wednesday by President Joe Biden that gives $10,000 in rel...
Student Loan Forgiveness And How To Balance Debt Against Your Other Financial Goals
Biden cancels student loans for millions. Getty Images Key Takeaways Biden has canceled student loan debt for millions and extends loan payment pause. Borrowers should consider the loan’s interest rat...
As Biden cancels up to $20,000 of student debt, some groups want more
Student loan borrowers gather near The White House to tell President Biden to cancel student debt on May 12, 2020. Paul Morigi | Getty Images Entertainment | Getty Images President Biden’s long-...
Top economist Larry Summers recommends a way for Biden to forgive trillions in student debt—and it echoes what Sen. Elizabeth Warren says
A day after criticizing any effort by the Biden Administration to forgive student loan debt, former Treasury Secretary Larry Summers has offered an alternative. “I think the best way to relieve studen...
The Healthcare System Is Facing Higher Acuity And More Sick Patients
Though the Covid-19 pandemic truly tested the capabilities of healthcare systems worldwide, the aftermath has created a similar problem: patients are sicker than ever before, and are requiring higher ...
Biden Reportedly Plans $3 Billion Ukraine Arms Package As War Reaches Six-Month Mark
Topline The Biden Administration is planning to unveil a $3 billion military aid package for Ukraine this week, U.S. officials told the Associated Press on Tuesday, offering another round of assistanc...
Biden Planning Student-Loan Announcement Wednesday
White House officials are planning for President Biden to make an announcement on Wednesday about his proposal for dealing with student-loan debt, according to people familiar with the matter. The pre...
Here’s What Biden Might Do
Topline With President Joe Biden set to make a much anticipated decision on forgiving federal student loan debt in the coming days, here’s a timeline of what to expect, how much borrowers may get in r...
Google Ventures Has Created A Remarkable Presence In Healthcare
Google Ventures (GV) is a venture capital firm that was originally spun out of Google in 2009 and is now partnered with Alphabet. The firm oversees more than $8 billion dollars in assets, and has inve...
Biden Reportedly Eyes $10,000 Debt Relief For Borrowers Under Income Threshold
Topline The Biden Administration could forgive $10,000 worth of student loan debt for Americans who earn less than $125,000 annually, CNN reported Monday, following months of deliberations and as a tw...
Judge Signals He’ll Likely Side With Biden Administration On Idaho Abortion Ban
Topline A federal judge suggested Monday he was likely to side with the Biden Administration as it argues Idaho’s near-total abortion ban violates federal law, and will soon issue a ruling on whether ...
‘The pause has meant everything:’ What happens to borrowers — and the economy — if Biden lets student loan payments resume in September
There’s less than two weeks until the latest pause on federal student loan payments is set to expire on Aug. 31. No need to tell Cassie Smith. The chance of restarted payments are “a looming rain clou...
Biden Signs Climate Bill, How Long-Range EVs Work And Defeating Forever Chemicals
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. The Washington Post via Getty Images Afte...
Biden is hiring 87,000 new IRS agents — and they’re coming for you
The Inflation Reduction Act, signed into law this month by President Joe Biden, empowers the IRS with nearly $80 billion in new funds. The world’s most powerful tax collection agency is using the mone...
Fisker Considers U.S. Ocean Production Amid Shakeup In EV Tax Credit
Fisker Inc.’s electric Ocean SUVs won’t qualify for a revised federal tax credit for EVs that requires them to be built at domestic plants. Fisker Inc. Fisker Inc., a Los Angeles-based ele...
The Chips Are Down…Lam And Micron Are Buys
President Joe Biden speaks during an event to support legislation that would encourage domestic … [+] manufacturing and strengthen supply chains for computer chips in the South Court Auditorium ...
Asia Niche Will Help East West Bank Weather U.S. Economic Downturn, CEO Dominic Ng Says
East West’s Chairman and CEO Dominic Ng. East West Bank East West Bank, today one of the largest American banks to service the U.S.-China business community, started out its life banking to Chin...
Biden Administration Will Distribute 1.8 Million More Monkeypox Vaccine Doses
Topline The Biden administration on Thursday announced a series of new steps to ramp up its response to the monkeypox outbreak as cases continue to climb, making 1.8 million more monkeypox vaccine dos...
Why The Inflation Reduction Act’s SAF Tax Credit Won’t Be Enough To Stop Airline Emissions’ Rise
Air travel demand is increasing much more rapidly than the supply of sustainable aviation fuel. Getty Images By Robbie Bourke and David Kaplan Robbie is a partner with Oliver Wyman’s aviation practice...
The U.S. Has A Lot Of Catching Up To Do On Critical Energy Minerals
View of Canadian based Strategic Mineral Company Largo Resources’ Vanadium pit, near Maracas, in … [+] Bahia state, Brazil, on June 15, 2016. Vanadium is primarily used as an alloy to stre...
The Hidden Calculations Behind The Attack On Salman Rushdie
Mixed into the swell of outrage over the heinous knife attack on Salman Rushdie were questions about the alleged attacker. Was he a self-motivated lone fanatic or part of a plan elaborately conceived ...
Europe’s Self Inflicted Oil Crisis And The Saudis Last Laugh With U.S.
President Joe Biden being welcomed by Saudi Arabian Crown Prince Mohammed bin Salman at Alsalam … [+] Royal Palace in Jeddah, Saudi Arabia on July 15, 2022. (Photo by Royal Court of Saudi Arabia...
Green Hydrogen Made From Renewables Is A Step Closer Because Of The Inflation Reduction Act
High voltage electricity transmission towers beyond hydrogen storage tanks during the final stages … [+] of construction at Iberdola SA’s Puertollano green hydrogen plant in Puertollano, S...