Student loan payments were put on pause during the COVID-19 pandemic, but since the government has declared that the public health emergency is officially over, student loan payments restarted last month. Interest had already started accruing earlier this year, on Sept. 1 — meaning that the amount you owed had already begun increasing, even before … Read more
Mortgage and loan giant Mr. Cooper says a “cybersecurity incident” earlier this week was the cause of an ongoing outage, adding that the company is “working to resolve the issue.” The Texas-based company said in a statement on its website that on October 31, Mr. Cooper “became the target of a cyber security incident and took … Read more
While student loan payments were put on pause during the COVID-19 pandemic, the government has since declared that the public health emergency is officially over, and student loan payments officially restarted at the beginning of October. Interest already started accruing earlier this year, on Sept. 1 — meaning that the amount you owe already began increasing, … Read more
The World Bank has approved a $1 billion loan for South Africa to help it address an energy crisis that has peaked this year with the country’s worst electricity blackouts ByGERALD IMRAY Associated Press October 25, 2023, 3:39 PM FILE — A coal truck, right, passes the coal-powered Duvha power station, near Emalahleni (formerly Witbank) … Read more
Comment on this storyComment China is expecting its giant pandas back. The black-and-white guests — star attractions in zoos in the United States and Britain — are expected to return to their home country by the end of next year, in what analysts suggest is a possible change in tack in China’s approach to “panda … Read more
With a cumulative federal pupil mortgage debt of $1.6 trillion held by greater than 45 million debtors — an virtually unfathomable determine shared periodically by the federal authorities — the nation and its post-graduate debtors are pining for some reduction. Pupil mortgage forgiveness has been a scorching congressional matter, peaking in response to the added … Read more
Final week’s US Supreme Court docket’s resolution to strike down widespread federal pupil mortgage forgiveness has left hundreds of thousands of pupil mortgage debtors grappling with what’s subsequent. The White Home launched an announcement hours after the June 30 Supreme Court docket resolution indicating there could also be different avenues towards broad pupil mortgage forgiveness. However specialists … Read more
Supporters of pupil debt forgiveness show exterior the US Supreme Court docket on June 30, 2023, in Washington, DC. Olivier Douliery | AFP | Getty Pictures The Supreme Court docket on Friday struck down President Joe Biden’s federal pupil mortgage forgiveness plan, denying tens of hundreds of thousands of People the prospect to stand up … Read more
By David Lawder WASHINGTON (Reuters) – The U.S. Supreme Courtroom’s choice to strike down President Joe Biden’s pupil debt reduction would claw again greater than $300 billion in prices related to this system that have been acknowledged final yr, marking a significant discount on this yr’s deficit – at the very least on paper. The … Read more
Ford has obtained a conditional $9.2 billion mortgage from the US Division of Vitality to assemble three crops that can produce batteries for future Ford and Lincoln electrical automobiles. The mortgage for the American automotive producer will assist the US attain web zero electrical energy by 2035, and have EVs make up half of all … Read more