Tempura | E+ | Getty Images The U.S. Department of Education has said its application for student loan forgiveness will go live in early October, suggesting it could be ready any day now. With legal challenges to President Joe Biden’s historic move to cancel up to $20,000 in debt for […]
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Stocks making the biggest moves midday: CVS, Credit Suisse, AMD, Lyft and more
Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading Friday. Ambac Financial Group – Shares of the municipal bond insurer shot up 13.2% on news of settlements with Bank of America that would bring Ambac $1.84 billion. The settlements come out of lawsuits […]
September job gains affirm that the Fed has a long way to go in inflation fight
The Go! Go! Curry restaurant has a sign in the window reading “We Are Hiring” in Cambridge, Massachusetts, July 8, 2022. Brian Snyder | Reuters September’s jobs report provided both assurance that the jobs market remains strong and that the Federal Reserve will have to do more to slow it […]
These are the 10 states where renters are most behind on payments — and high-cost California didn’t make the list
South Dakota has the highest percentage of renters behind on payments, at 26%, according to a new study. Pictured, Mount Rushmore National Monument. Photo by Mike Kline (notkalvin) Renters across the U.S. are feeling the sting of soaring inflation, rising housing costs and the end of the national eviction ban. […]
Covid vaccines prevented at least 330,000 deaths among U.S. seniors in 2021, health officials say
Covid vaccines prevented at least 330,000 deaths and nearly 700,000 hospitalizations among adult Medicare recipients in 2021, the Health and Human Services Department said in a new report published Friday. The reduction in hospitalizations due to vaccination saved more than $16 billion in medical costs, according to the HHS report. […]
DOJ suspects Trump still has classified documents he removed from White House, even after FBI Mar-a-Lago raid
Former U.S. President Donald Trump throws caps as he attends a rally in Warren, Michigan, U.S., October 1, 2022. Dieu-nalio Chery | Reutersm The Department of Justice suspects that ex-President Donald Trump might still have classified documents that he removed from the White House when he left office in January […]
Polestar confirms it will deliver 50,000 electric vehicles in 2022
Polestar, the Swedish electric performance car company, has announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the company’s first SUV. Courtesy: Polestar Swedish electric vehicle maker Polestar said Friday that it is still on track […]
Dr. Fauci: A new, more dangerous Covid variant could emerge this winter
Dr. Anthony Fauci has a sober warning for Americans: Don’t be surprised if a new, more dangerous Covid variant emerges this upcoming winter. “We should anticipate that we very well may get another variant that would emerge, that would elude the immune response that we’ve gotten from infection and/or from […]
As California stimulus checks of up to $1,050 start to go out, here’s what you need to know
The Good Brigade | DigitalVision | Getty Images Up to 23 million California residents are about to receive tax refunds of as much as $1,050, thanks to one-time stimulus payments the Golden State began deploying Friday. The payments, which will total $9.5 billion, mark the largest program of its kind […]
Ron Insana: It’s time to use an ‘all of the above’ energy policy to break up the OPEC+ cartel
An Austrian soldier guards the entrance to the OPEC headquarters on October 4, 2022 on the eve of the 45th Meeting of the Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting held on October 05, in Vienna, Austria. Joe Klamar | AFP | Getty Images Saudi […]