Following a successful beta test over the weekend, President Joe Biden announced on Monday the student debt forgiveness application is now live. You can visit the Federal Student Aid website to apply for up to $20,000 of student debt relief. Individuals who earned under $125,000, or households that made under $250,000, in 2021 or 2020
Month: October 2022
Win-initiative/neleman | Stone | Getty Images The Biden administration officially launched the application for federal student loan forgiveness Monday — and scammers are already “on the move” to capture borrowers’ money and personal information, the Federal Trade Commission warned Tuesday. Tens of millions of Americans are eligible for debt cancellation. Borrowers may qualify for cancellation
The concept of “quiet quitting” started on social media, namely TikTok, leading to misleading and deceptive conclusions that American workers are shirking their duties and slowing down work. Employers fearing the hard truth that workers have some control over their labor effort has been a staple in Marxist economics, see Harvard professor Stephen Marglin’s essay
Share to Facebook Share to Twitter Share to Linkedin The Internal Revenue Service has released dozens of inflation adjustments affecting individual income tax brackets, deductions and credits for 2023 and—no surprise—today’s four decade high inflation has translated into some big hikes. Consider the standard deduction, now claimed (instead of itemized deductions) by more than 85%
A hilltop compound just north of the center of Santa Fe is a private retreat newly on the market. Offered for $28 million by Tim Van Camp and John Rigatti of Sotheby’s International Realty – Santa Fe Brokerage, Vida Encantada is a rare property in this desirable New Mexico city. A vast kitchen is just
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix logo Mario Tama | Getty Images News | Getty Images Netflix has a message for investors: start focusing on revenue and profit, and stop obsessing about subscriber growth. Netflix made its argument with several pointed comments in its quarterly shareholder letter. The world’s largest
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and bottom lines. The streamer also reported the addition of 2.41 million net global subscribers, more than doubling the adds the company had projected a quarter
In this article JBHT IBKR ADBE UAL ISRG NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix signage next to the Nasdaq MarketSite in New York, U.S., on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Netflix — The streaming giant’s shares skyrocketed more
More than 300 U.S. buyers have already put down deposits for Rolls-Royce’s first electric vehicle prior to its unveiling on Tuesday, the luxury automaker’s CEO told CNBC. Rolls-Royce CEO Torsten Muller-Otvos told CNBC that the buyers visited the company’s headquarters in Goodwood, England over the past two weeks to get a sneak peak at the
In this article CL Follow your favorite stocksCREATE FREE ACCOUNT Daniel Loeb Simon Dawson | Bloomberg | Getty Images Dan Loeb’s Third Point has built a sizeable stake in consumer giant Colgate-Palmolive, according to CNBC’s David Faber. Loeb sees hidden value in Colgate’s subsidiary, Hill’s Pet Nutrition, a pet food company, if it were spun
RyanJLane | E+ | Getty Images After a difficult year for the stock market, investors have poured money into Series I bonds, a nearly risk-free and inflation-protected asset that’s paying a record 9.62% annual interest rate through October. With the rate expected to drop to roughly 6.48% in November, there’s a brief window to secure
Mike Mergen | Bloomberg | Getty Images If you’re a Medicare beneficiary, now’s the time to evaluate your prescription drug coverage for 2023. In addition to checking during Medicare’s annual fall open enrollment whether you can get a more cost-effective plan, you should be aware of some legislative changes taking effect next year that may
Let’s face it, some elders are not just stubborn, they’re flat out dangerous to themselves. They insist on independence. They refuse when you offer to step in and help. They think they are fine when everyone around them can see they’re not. And the aging parents who live alone, have poor balance, falls, and still
Policy experts and governments around the world are deeply dissatisfied with the way multinational corporations are taxed, especially big tech companies. The Organisation for Economic Co-operation and Development (OECD) has developed what it hopes will be a two-pronged solution: A global minimum corporate income tax and a tax based on where firms sell their products.
Topline Home builder confidence plunged for a tenth month straight in October as rising interest rates continued to weaken housing demand—prompting economists to warn an unexpected rise in new home sales last month may be short-lived and prices may be on the brink of collapse, the National Association of Home Builders reported Tuesday. Key Facts
In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT Liza Lecher works out on her Peloton Tread+ treadmill on May 24, 2021 in Williamstown, New Jersey. Michael Loccisano | Getty Images Peloton agreed to extend a refund period for its recalled Tread+ for another year, the company and the U.S. Consumer Product Safety Commission
In this article HAS Follow your favorite stocksCREATE FREE ACCOUNT A worker arranges boxes of Hasbro board games on a shelf at a Target Corp. location in Emeryville, California. David Paul Morris | Bloomberg | Getty Images Hasbro reported third-quarter earnings Tuesday morning that fell short of analysts’ expectations as inflation weighed on consumers and
In this article JPM GS Follow your favorite stocksCREATE FREE ACCOUNT Goldman Sachs CEO David Solomon warned Tuesday that the U.S. economy might be headed for a downturn that could make investing and business decisions more difficult. “I think it’s a time to be cautious, and I think that if you’re running a risk-based business,
Former Theranos CEO Elizabeth Holmes (L) arrives at federal court with her partner Billy Evans on October 17, 2022 in San Jose, California. Justin Sullivan | Getty Images SAN JOSE, Calif. — A star witness in the trial of former Theranos CEO Elizabeth Holmes doubled down on his testimony on Monday, two months after he
In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Starboard Value has taken a stake in Salesforce, with founder Jeff Smith saying a significant opportunity remains in the enterprise software maker, according to CNBC’s David Faber.
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