Biden cancels student loan debt for another 74K borrowers

Of the 74,000 borrowers approved for relief Friday, the administration said nearly 44,000 of them are teachers, nurses, firefighters and others with public service careers.

3M issuing payments to veterans as part of $6 billion settlement over earplugs

More than $250 million in payments are expected to go to over 30,000 past and present U.S. service members as part of a previously announced settlement.

New Biden administration proposal aims to drop overdraft fees to as little as $3

The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest move by the Biden administration to combat fees it says pose an unnecessary burden on American consumers, particularly those living paycheck to paycheck.

Rate cuts likely in 2024, official indicates
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A top official with the Federal Reserve is indicating that interest rate cuts are coming soon. After two years of price hikes, Federal Reserve Governor Christopher Waller said he is confident inflation will continue to fall back to the 2% target that has been set. No timeline was given as to when a rate cut could happen.

Tax rebate sent to some Arizona families subject to federal tax: ADOR

The tax rebate involves a one-time payment of up to $750 for those who are eligible. Now, state officials say the money will be considered as taxable by the federal government.

Trump set to face jury over sex abuse and defamation claims

Jury selection begins Tuesday morning at a federal court in Manhattan. Opening arguments could take place by afternoon in what is essentially a second penalty phase of a legal fight Carroll has already won.

The world could get its first trillionaire within 10 years

By contrast, Oxfam says nearly 5 billion people have been made poorer since the pandemic, with many of the world's developing nations unable to provide the financial support that richer nations could during lockdowns.

New Kentucky bill could exempt diapers from state's sales tax

For weary parents rolling up their sleeves for diaper duty, a bill in Kentucky would deliver tax relief when purchasing a necessity that adds up to a big expense.

Student loan forgiveness: Some Americans will get loans canceled in February — here's who qualifies

The Biden administration will start canceling student loans for some borrowers next month as part of a new repayment plan that's taking effect ahead of schedule. Here's who is eligible.