WASHINGTON — A federal appeals court blocked the implementation of the Biden administration’s student debt relief plan, which would have lowered monthly payments for millions… ( Read More )
Joe Biden cancels $7.7 billion in student loans for 160,000 borrowers in latest debt forgiveness
President Biden announced Wednesday that his administration is canceling $7.7 billion in student loans for 160,000 borrowers. It’s the latest in a series of election-year… ( Read More )
Debt relief plan for students who say they were misled by colleges is blocked by appeals court
NEW ORLEANS — A Biden administration plan to provide student debt relief for people who say they were victims of misleading information by trade schools… ( Read More )
U.S. national debt spiraling out of control, rising $1 trillion every 100 days
In an unprecedented fiscal pattern, the United States’ national debt is escalating rapidly, with the velocity of debt accumulation rising by $1 trillion every 100… ( Read More )
GOP’s debt deal, migrant labor boom tamed government spending — for now
Uncle Sam‘s budget looks a bit better this year after Congress ordered spending to be constrained and the economy hummed along, powered in large part… ( Read More )
New Hampshire House rejects secession clause tied to national debt
CONCORD, N.H. — New Hampshire voters won’t be asked to add a secession clause triggered by the national debt to the state constitution, nor will… ( Read More )
Court orders China Evergrande to liquidate after it failed to reach debt deal
HONG KONG — A Hong Kong court on Monday ordered property developer China Evergrande Group to liquidate after it was unable to reach a restructuring… ( Read More )
New York City to wipe out $2 billion in medical debt for 500,000 residents
NEW YORK — New York City intends to wipe out more than $2 billion in medical debt for up to 500,000 residents, tackling a top… ( Read More )
National debt hits record $34 trillion as Congress gears up for funding fight
WASHINGTON — The federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political and economic challenges to improve… ( Read More )
Alaska Air Group to buy Hawaiian Airlines in a $1.9 billion deal with debt
SEATTLE — Alaska Air Group said Sunday it agreed to buy Hawaiian Airlines in a $1.9 billion deal including debt. The combined company would keep… ( Read More )