Joe Biden

Tight job market could help kill taxpayer-funded college racketeering

Tight job market could help kill taxpayer-funded college racketeering

For decades, parents have sacrificed themselves and students have gone into debt to fund college degrees that lead nowhere. But the college scam could soon break out. Not thanks to a moral wake-up call from college administrators. Instead, a tight job market is prompting more employers, including Google, IBM and some state governments, to drop …

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EU plans subsidy war chest as industry faces 'existential' threat from US

EU plans subsidy war chest as industry faces ‘existential’ threat from US

Press play to listen to this article Expressed by artificial intelligence. The EU is in emergency mode and preparing a major subsidy campaign to prevent European industry from being wiped out by US rivals, two senior EU officials have told POLITICO. Europe faces a double hammer blow from the United States If it weren’t enough …

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What borrowers need to know while student loan forgiveness is in limbo

What borrowers need to know while student loan forgiveness is in limbo

Olga Riazantseva | Istock | Getty Images After applying for student loan forgiveness, some borrowers receive what sounds like good news from the US Department of Education. “We have reviewed your application and determined that you are eligible for loan relief under the Plan,” according to a letter sent by Education Secretary Miguel A. Cardona. …

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America faces possible railroad strike in two weeks after biggest union rejects labor deal |  CNN Business

America faces possible railroad strike in two weeks after biggest union rejects labor deal | CNN Business

New York CNN Business — America faces a growing risk of a crippling nationwide freight rail strike in two weeks. Rank and file members of the country’s largest rail union, which represents drivers in the industry, have rejected a tentative labor agreement with the freight railways, the union announced on Monday. The country’s second-largest railway …

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Hong Kong Stocks Up 3% as Tech Stocks Rise;  China's activity data disappoints

Hong Kong Stocks Up 3% as Tech Stocks Rise; China’s activity data disappoints

There’s huge value in some Chinese tech stocks, says Primavera Capital Shares of major Chinese tech companies are currently “so depressed” and “really cheap,” said Fred Hu, founder and chairman of Primavera Capital. The Hang Seng Tech index in Hong Kong is down more than 30% year-to-date, although the index has rebounded in recent weeks. …

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5 key personal finance issues this midterm election - and what they mean for your wallet

5 key personal finance issues this midterm election – and what they mean for your wallet

As Americans head to the polls, several key personal finance issues weigh on voters’ minds and wallets. This week, the Federal Reserve enacted its fourth consecutive 0.75 percentage point increase in interest rates to fight inflation, triggering further losses in stock markets. Meanwhile, recession fears are growing, with 84% of Americans worried about how a …

5 key personal finance issues this midterm election – and what they mean for your wallet Read More »

5 key personal finance issues this midterm election - and what they mean for your wallet

5 key personal finance issues this midterm election – and what they mean for your wallet

As Americans head to the polls, several key personal finance issues weigh on voters’ minds and wallets. This week, the Federal Reserve enacted its fourth consecutive 0.75 percentage point increase in interest rates to fight inflation, triggering further losses in stock markets. Meanwhile, recession fears are growing, with 84% of Americans worried about how a …

5 key personal finance issues this midterm election – and what they mean for your wallet Read More »