Education Secretary nominee Miguel Cardona testifies before the Senate Health, Education, Labor and Pensions committee during his confirmation hearing on Capitol Hill Washington, DC., February 3, 2021. Susan Walsh | Pool | Reuters The U.S. Department of Education announced Thursday it will cancel $1.1 billion in student debt for 115,000 borrowers. The relief will go
By Richard Eisenberg, Next Avenue Managing Editor These are complicated times for the U.S. economy, which means they’re complicated for our personal finances, too. So my “Friends Talk Money” podcast co-hosts Terry Savage and Pam Krueger and I just released an episode to offer some timely, apolitical guidance on saving, borrowing, investing and taxes. I
There are so many residential design innovations and features that enhance wellness. These include steam showers, bidet-style toilets, combi-steam ovens, induction cooktops, smarter home technology and low maintenance surfaces like engineered stone and porcelain slab. Then there are design details, styles and trends that can put your home’s wellness potential at risk. Here are six,
In this article SPCE Billionaire businessman Jeff Bezos is launched with three crew members aboard a New Shepard rocket on the world’s first unpiloted suborbital flight from Blue Origin’s Launch Site 1 near Van Horn, Texas, July 20, 2021. Joe Skipper | Reuters The space industry is taking off after decades of stagnation. Driven largely
In this article GPS MRVL PTON WDAY DELL Dell CEO Michael Dell delivers a keynote address during the 2013 Oracle Open World conference on September 25, 2013 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Peloton – Shares of the cycle maker tumbled more than
Elizabeth Holmes, founder and former chief executive officer of Theranos, center, exits U.S. federal court in San Jose, California on May 6, 2021. Nina Riggio | Bloomberg | Getty Images He was the father of newborn twins who wanted to make a difference in healthcare. Now, with Elizabeth Holmes’ criminal fraud trial set to begin
In this article ASTR [The livestream is slated to begin at 4 p.m. EDT. Please refresh the page if you do not see the video player above.] Rocket builder Astra Space is going for its first launch since the company went public, with the company also aiming to reach orbit for the first time. Astra is launching
kate_sept2004 | E+ | Getty Images For millions of American families, the new enhanced child tax credit has meant extra money on a monthly basis. Even better, there are other tax credits that were improved during the pandemic that folks will be able to use to boost refunds, or potentially offset tax liabilities. That’s because
In this article YUM CMG MCD To mandate, or not to mandate? That’s the question facing down restaurant owners and operators during one of the most challenging hiring environments in decades. The Food and Drug Administration approved Pfizer and BioNTech’s Covid-19 vaccine on Monday, opening the door for workplaces to opt to require workers to
By Sally Benford, Next Avenue Tere Dillard, of Decatur, Ill., has gotten used to taking her 89-year-old father Jim Lee to what she considers pointless tests ordered by his primary care doctor. One was a CT scan for mild dizziness. As caregiver for her dad and his wife Lenora, who’s 88, it’s not the only
CEO and Co-Founder of Green Generation, which engineers and implements comprehensive integrated energy efficiency solutions. After a year’s postponement, anticipation over the outcomes of the 26th annual UN Climate Change Conference (COP26) in November is palpable among businesses and investors across all industries — and for good reason. Just as evidence continues to mount of the
Dr. Ezekiel Emanuel told CNBC on Friday he believes it’s important for people to keep wear face coverings, especially in schools, until a larger percentage of the U.S. population has received a Covid vaccine. In an interview on “Squawk Box,” the former Obama health advisor said he wasn’t advocating for “permanent masks” in society. Rather, he
Federal Reserve Chairman Jerome Powell indicated Friday that the central bank is likely to begin withdrawing some of its easy-money policies before the end of the year, though he still sees interest rate hikes off in the distance. In a much-anticipated speech as part of the Fed’s annual Jackson Hole symposium, Powell said the economy
Investors watch an electric screen displaying stock price figures at a stock exchange hall on February 18, 2021 in Shanghai, China. VCG | Visual China Group | Getty Images Beijing is eyeing new rules that would restrict domestic internet companies to go public in the U.S., the Wall Street Journal reported on Friday. Chinese regulators
Cecilie_Arcurs | E+ | Getty Images With fewer employer pensions these days, some retirees are hesitant to draw down their nest eggs. However, older Americans may spend more freely with a guaranteed source of income, such as Social Security or a private annuity. That’s according to a research paper that examines spending in retirement. The
People protest for a moratorium on evictions on Aug. 4, 2021 in New York. Stephanie Keith | Getty Images Millions of Americans who remain behind on their rent could now be at risk of being pushed out of their homes after the Supreme Court rejected the Biden administration’s most recent eviction ban. The Centers for
MoMo Productions | Getty Images More than a year into the Covid-19 pandemic, many American employees who have been working from home are itching to get moving again. But that doesn’t necessarily mean returning to the office. For many, it means finding new jobs. A survey released by Bankrate.com this week found that 55% of
By now, if you’ve been paying attention, you know the many reasons that explain the sudden surge in inflation. What you don’t know—what nobody knows—is whether this surge will sustain itself for the long term or whether it will evaporate just as quickly as it came about. Maybe you don’t need to know that answer.
The Biden administration’s latest eviction moratorium was upended in a move Thursday night by the Supreme Court. In a six-to-three ruling, the eight-page majority opinions stated the Centers for Disease Control and Prevention had overstepped its bounds by implementing a national eviction moratorium. The CDC order, which was issued on August 3, was set to expire on
A woman reacts as she gets inoculated with a dose of the Covishield vaccine against Covid-19 at a vaccination center in Mumbai on August 12, 2021. PUNIT PARANJPE | AFP | Getty Images The world economy is set to lose trillions in GDP because of delayed vaccination timelines, with developing economies bearing most of the