The plan announced Wednesday by President Joe Biden is expected to help 125,000 student loan borrowers by eliminating debt through existing programs.
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Former chairman and CEO of MGM Resorts International Jim Murren was named the chairman of the authority’s board of directors.
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.
The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark short-term interest rate by a half-percentage point Wednesday — its most aggressive move since 2000 — and signaling further large rate hikes to come.
U.S. employers added a robust 678,000 jobs in February, another gain that underscored the economy’s solid health as the omicron wave fades.
The strong hiring gain, which was unexpected, demonstrates the eagerness of many employers to hire even as the pandemic maintains its grip on the economy.
Facebook along with its Instagram and WhatsApp platforms suffered a worldwide outage Monday that has extended more than three hours. Facebook’s internal systems used by employees also went down. Service has not yet been restored.
Cybersecurity teams worked Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose software was the conduit.
U.S. employers added a modest 559,000 jobs in May, an improvement from April’s sluggish gain but still evidence that many companies are struggling to find enough workers.
Slack, the messaging service used by millions of people for work and school, suffered a global outage on Monday, the first day back for most people returning from the New Year’s holiday.