The plan announced Wednesday by President Joe Biden is expected to help 125,000 student loan borrowers by eliminating debt through existing programs.
Nation and World
U.S. regulators and 17 states are suing Amazon over allegations that it inflates prices on and off its platform, overcharges sellers and stifles competition.
Freddie Mac said the average rate on a 30-year home loan reached its highest level since 2002, which could increase costs for borrowers by hundreds of dollars a month.
Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt and a “steady deterioration in standards of governance” over the past two decades.
Cooks, room attendants, dishwashers, servers, bellmen and front desk agents at hotels were picketing outside major hotels in Los Angeles and Orange counties just as the summer tourist is ramping up.
The worst disruptions continued to be along the East Coast, which has been pummeled by thunderstorms.
Thousands are expected to gather to test things like whether chatbots like ChatGPT can be manipulated to cause harm.
At one point, Credit Suisse shares lost more than a quarter of their value, hitting a record low.
Silicon Valley Bank, the nation’s 16th-largest bank, failed after depositors hurried to withdraw money this week amid anxiety over the bank’s health. It was the second biggest bank failure in U.S. history after the collapse of Washington Mutual in 2008.
The latest interest rate increase, though smaller than previous hikes, will likely further raise the costs of many consumer and business loans.
The popular alcoholic drink has been accused of misleading bottle branding.
The organization did not immediately respond to an inquiry about how many Russian companies attended past CES events, or if there was less interest from them this year.
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