President Biden’s recent student loan reform was an important step in pushing for a $15 minimum wage, according to an expert. This is how the President’s reform could help pave the way for a better future for low-wage workers across the country. On Wednesday, the Biden administration unveiled a student loan forgiveness policy that scales…
Microsoft will soon let you share your Game Pass subscription with friends and family, according to rumors. This would be a great way to save money on gaming, as you could share the cost of the subscription with others. It remains to be seen how this would work in practice, but it would be a…
Inflation in the United Kingdom continues to surge as food and energy prices hit new 40-year highs. This surge has caused many people to struggle with their finances and has put a lot of pressure on the government to take action. LONDON — U.K. inflation continued to rise in July, as prices for food and…
Toyota decided to produce hybrid cars that were affordable for the average person. This allowed them to get a leg up on the competition and gain market share. Toyota has decided to produce cheaper hybrid cars in developing countries, according to news. The company believes that people in these nations are more likely to purchase…
The White House said Thursday that its one-time loan forgiveness proposal is on strong legal and financial footing, hours after a key Democratic lawmaker said the plan lacks congressional authorization. In a letter to House Speaker Nancy Pelosi, Treasury Secretary Steven Mnuchin said the administration is confident it has “the legal authority to provide this…
July’s consumer price index report finally showed a sign of potential relief – inflation ticked up less than expected from a year ago, and was flat on the month, meaning that a basket of items and services generally stayed the same price. But some items have fallen, on a monthly and weekly basis, potentially signaling…
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell delivers a speech at the central bank’s annual economic symposium in Jackson Hole, Wyoming, on Friday at 10.a.m. ET.
I’d also say that virtually everyone (or at least the loudest ones) thought the July-August rally was a bear market bounce so there are a lot of sellers out there. With what’s happening in Europe and China along with some economic uncertainty and midterms starting to factor into the equation, there’s a case to be…
Elon Musk is taking Jack Dorsey to court as part of his legal battle with Twitter. Mr Musk is seeking to end his $44bn deal for Twitter after alleging the firm failed to provide enough information on fake account numbers. But the social media site is suing Mr Musk to try to force him to…