Here’s who qualifies for student loan forgiveness under Biden administration’s new changes

Who qualifies for student loan forgiveness under the new changes? Michael Kitchen, an editor with Lending Tree’s Student Loan Hero blog, discusses the student loan forgiveness changes announced by the Dept. of Education on April 19, 2022. The US Department of Education announced this week changes to its income-driven repayment program (IDR), which was expected … Read more

Analysis: Musk tears up buyout playbook with $ 46.5 billion Twitter financing

Tesla CEO Elon Musk speaks at an event in Hawthorne, California April 30, 2015. REUTERS / Patrick T. Fallon / File Photo Register now for FREE unlimited access to Reuters.com Register April 22 (Reuters) – It is the biggest acquisition financing ever put forward for one person. Elon Musk is doing it his way. More … Read more

Musk says he has secured $ 46.5 bln in funding for Twitter bid

April 21 (Reuters) – Elon Musk on Thursday said he has lined up $ 46.5 billion in debt and equity financing to buy Twitter Inc (TWTR.N) and is considering taking his offer directly to shareholders, a filing with US regulators showed. Musk himself has committed to put up $ 33.5 billion, which will include $ … Read more

DC launches medical marijuana tax holiday

DC launches medical marijuana tax holiday FOX 5’s Stephanie Ramirez reports that DC is starting a medical marijuana tax holiday for the week of April 20. WASHINGTON – DC’s Alcoholic Beverage Regulation Administration (ABRA) has announced it will waive the place 6% tax on medical marijuana. The news arrives on 4/20, a day many marijuana … Read more

Investing Can Help You Combat Your Debts

getty Key Takeaways According to the New York Federal Reserve data, consumers ended 2021 with a record $ 15.6 trillion in debt The average household now owes $ 155,622, including balances on mortgages, credit cards, auto loans, and student loans Mortgage balances made up the largest portion, rising $ 890 billion in the year and … Read more

The recovery of the cars feeds the profits of the American manufacturing production in March

Car brands owned by General Motors Company show up at a car dealership in Queens, New York, USA, November 16, 2021. REUTERS / Andrew Kelly Sign up now for FREE unlimited access to Reuters.com Register April 15 (Reuters) – A sharp recovery in the auto industry in March triggered a third consecutive monthly gain in … Read more

Inflation and interest rate hikes: Bankers wary of the economy

Charles Scharf, CEO, Wells Fargo speaks at the Milken Institute 2021 World Congress in Beverly Hills, California, USA, October 18, 2021. REUTERS / David Swanson / File Photo Sign up now for FREE unlimited access to Reuters.com Register NEW YORK, April 14 (Reuters) – Major banks and Wall Street asset managers have been wary of … Read more

Citigroup earnings fall 46% in loan loss forecasts, leading to recession

Exterior view of Citibank headquarters in New York, New York, USA, May 20, 2015. REUTERS / Mike Segar / File Photo Sign up now for FREE unlimited access to Reuters.com Register Citi adds $ 1.9 billion in reserves for the crisis in Ukraine Investment banking income is declining due to the slowdown in SPAC The … Read more

Mortgage arrears are falling again as an increase in distressed sales

Exhausted sales are expected to rise throughout the year as some homeowners struggle to recover. … [+] base after tolerance. getty Despite the many exclusion moratoriums that ended in December 2021, the national exclusion rate remained stable from December to January 2022 and the overall delinquency rate fell to another record low, according to a … Read more