Japan's Kishida unveils new child care plan amid election rumours
By Tetsushi Kajimoto and Sakura Murakami TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida unveiled on Tuesday a package of wide-ranging
2023-06-13 20:28
Nervous Investors Shy Away From TSMC on Geopolitical Risk
Intensifying Chinese pressure on Taiwan is prompting some equity investors to buck the trend and exit Taiwan Semiconductor
2023-10-20 03:51
Factbox-How the US will cut off China from more AI chips
By Stephen Nellis The Biden administration on Tuesday issued a sweeping update to restrictions on exporting advanced artificial
2023-10-18 03:20
Foot Locker plummets, drags down peers, on forecast cut, dividend pause
Shares of Foot Locker cratered over 30% in premarket trading on Wednesday, and dragged down those of its
2023-08-23 20:18
English Children Living in Temporary Housing Hits Record High
The number of children living in temporary accommodation in England has reached a record high, according to new
2023-11-30 20:48
Epstein-Staley Emails Reveal Friendship Forged at JPMorgan
Sitting on his yacht in January 2011, Jes Staley was taking time out from running one of the
2023-07-13 07:19
New York Times under fire for including ‘death’ on list of six ways to cancel student debt
The New York Times has been roasted on social media for listing “death” as a means to escape crippling student loans, after the Supreme Court struck down the Biden administration’s plan to cancel debt for millions of Americans. In an article soon after the Supreme Court’s ruling was released on Friday, the Times explained six ways “to get your student debt wiped away”. The suggestions included making an income-driven repayment, appealing for public service loan forgiveness, and bankruptcy and disability discharges. Under a subhead “death”, the Times wrote: “This is not something that most people would choose as a solution to their debt burden”. It went on to explain that federal student loan debt “dies with the person or people who take it on”. The macabre phrasing drew a swift backlash on social media. “That's a little dark, NYT,” writer Parker Molloy tweeted. “We’ve reached the point where The New York Times is suggesting death as a viable solution to crushing student debt,” wrote former Secretary of Labor Robert Reich. “I’ll try it out and tell u guys how it went,” another posted. The article was later revised, with the “death” subhead being changed to “debt won’t carry on”. The Times did not respond to a request for comment by The Independent. In a 6-3 decision, the Supreme Court ruled that the Biden administration had overstepped its authority in implementing a sweeping $400bn student debt relief plan. The decision means an estimated 43 million Americans will be back on the hook for student loan repayments later this year. In a press conference on Friday, President Joe Biden insisted the fight was not over, and promised a “new path” for relief that would be legally sound. He has tasked Secretary of Education Miguel Cardona with coming up with a new forgiveness plan that was consistent with the Supreme Court’s ruling. Read More Supreme Court strikes down Biden’s plan to cancel student loan debts Biden reveals ‘new path’ to student debt relief after Supreme Court strikes down president’s plan An Area 51 blogger was raided at gunpoint by federal agents. He says the US Government is trying to silence him Trump makes brash Georgia 2020 case prediction as DoJ ‘prepares new charges’ – live Biden reveals ‘new path’ to student debt relief Army combat veteran to take over key election security role working with state, local officials
2023-07-01 05:17
Asian markets swing as crude spike stokes inflation concerns
Equities fluctuated Wednesday ahead of a crunch US inflation report, with investors increasingly nervous that a recent spike in oil will put fresh upward pressure on consumer prices and force the...
2023-09-13 10:48
The US government's debt has been downgraded. Here's what to know
Late Tuesday, Fitch Ratings became the second of the three major credit-rating firms to remove its coveted triple-A assessment of the United States government’s credit worthiness
2023-08-03 05:29
Saudi Pile of US Treasuries at Six-Year Low in Shift to Risk
Saudi Arabia’s stockpile of US Treasuries fell to the lowest level in more than six years, as the
2023-08-16 19:22
'Clone' or competitor? Users and lawyers compare Twitter and Threads
In a cease-and-desist letter earlier this week, Twitter threatened legal action against Instagram parent company Meta over the new text-based app, Threads
2023-07-08 05:52
Whitehaven to Buy Two BHP Coking Coal Mines in Queensland
BHP Group Ltd., the world’s biggest miner, said it agreed to sell two more Australian coking coal operations
2023-10-18 07:15
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