Economy

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Biden cancels student loans for 55,000 public service workers in final push

The Biden administration is canceling federal student loans for another 55,000 workers through an existing program known as Public Service Loan Forgiveness.

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U.S. stock indexes close lower amid regulatory concerns

U.S. stocks ended lower on Monday, weighed down by a slide in Nvidia, as the combination of regulatory concerns and macroeconomic anticipation weighed on sentiment, leaving investors cautious as the week unfolds.

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Zuckerberg, Bezos Among Tech Giants Kowtowing to Trump, But Don’t Be Fooled by Their Friendly Gestures

Big Tech is trying to make nice with President-elect Donald Trump, but that doesn’t mean they’ve changed their minds about him.

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  • Source: CNN
  • 12/13/2024
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Amazon plans to donate $1 million to President-elect Donald Trump’s inauguration

Amazon is planning to donate $1 million to President-elect Donald Trump’s inauguration, a person familiar with the matter told CNN. Amazon founder Jeff Bezos is expected to visit with Trump in person in the coming days, as he and other tech founders seek closer relationships with the incoming president.

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McDonald’s Surpasses FBI In Number Of Shooters Apprehended In 2024

U.S. — Fast-food chain McDonald's has officially surpassed the Federal Bureau of Investigation in the number of shooters apprehended in 2024.

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Trump congratulates bitcoiners — El Salvador's Nayib Bukele takes victory lap with bitcoin over 100K

President-elect Trump congratulated bitcoin holders, and El Salvador's President Nayib Bukele took a victory lap on social media in response to bitcoin surpassing $100,000.

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  • Source: Straight Arrow News
  • 12/06/2024
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Meta executive admits to over-moderating COVID-19, election content

Is Meta moderating its content too much? A top executive at the company shared regrets over removing posts about the pandemic. 

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  • Source: Yahoo
  • 11/22/2024
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US imposes sanctions on Russia's Gazprombank, which may deprive it of access to SWIFT

The United States has imposed sanctions on Gazprombank, one of the few major Russian lenders not yet blacklisted, in an effort to limit the Kremlin's ability to finance its war effort.

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SpaceX launches sixth Starship but aborts booster landing

SpaceX launched its Starship vehicle on its sixth test flight Nov. 19 but called off a planned landing of the Super Heavy booster back at the launch site.

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Jeff Bezos Sells $214M Worth Of Amazon Shares In Latest Stock Move, Here's How Much He Still Owns

Amazon.com Inc. (NASDAQ:AMZN) executive chair Jeff Bezos has sold off a significant chunk of his Amazon shares, according to a filing with the U.S. Securities and Exchange Commission.

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Biden administration sets plan to triple US nuclear energy capacity by 2050

The road map aims for 200 GW of net new capacity from newly built reactors, restarts of plants retired for economic reasons and power uprates of existing reactors, the White House said Tuesday.

  • by:
  • Source: Yahoo
  • 11/13/2024
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Spirit Airlines preparing for bankruptcy amid failed merger and financial turmoil

Spirit Airlines is now reportedly in advanced talks over a possible bankruptcy filing following a failed merger and continued financial struggles, The Wall Street Journal reported Tuesday evening.

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In Arizona, Trump Proposes Pay Raise for Border Patrol

Trump also touted an endorsement from the National Border Patrol Council.

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Illegal Immigrant Defrauds IRS in $25 Million Tax Scheme, Sentenced to 6 Years in Prison

Miguel Martinez, a 39-year-old Mexican national living in Bakersfield, California, was sentenced on Thursday to six years in prison for leading a $25 million fraud against the IRS. He faces 10 years in prison. He was one of two Bakersfield-area men charged with conspiracy to defraud the United States and submission of false claims to […]

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California Governor Signs Law Banning All Plastic Shopping Bags

The earlier ban on thin plastic single-use bags led to increased waste, as most of the replacement thicker plastic bags are not recyclable and seldom reused.

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The One Energy Policy That Trump and Harris Agree On

Both presidential candidates support nuclear energy—but each for different reasons.