The deadline for student loan borrowers to take advantage of a policy that could potentially lead to quicker debt forgiveness is fast approaching at the end of June. By consolidating multiple federal student loans into a single new loan before June 30, borrowers could have their debt cleared immediately. This could be a significant benefit
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As the second half of the year approaches, Wall Street analysts have identified certain stocks that are expected to outperform in the coming months. The S&P 500 has seen significant gains in 2024, with a particular focus on AI-related stocks like Nvidia. Investment firms such as Goldman Sachs, Evercore ISI, and Citi have all raised
Recent developments have showcased the progress made by the Amazon Labor Union as they become the first group of company workers to unionize at a U.S. warehouse. In a significant move, roughly 98% of ALU members voted to affiliate with the International Brotherhood of Teamsters, marking a crucial step towards collective bargaining and securing better
As the summer of 2024 kicks off, almost 72 million people across the country have been placed under warnings of extreme heat according to the National Weather Service. Major cities such as Chicago, St. Louis, Indianapolis, Detroit, Cleveland, Cincinnati, Pittsburgh, Philadelphia, Boston, New York City, and Albany, New York are all experiencing these warnings. These
The U.S. Treasury yields experienced a decline on Friday amid recent data suggesting a decrease in inflationary pressures. Specifically, the 10-year Treasury yield dropped by 3 basis points to 4.211%, while the 2-year Treasury note yield was down by 1 basis point at 4.679%. This movement is in line with the general principle that yields
Databricks, a leading data analytics software vendor, recently announced to investors that its annualized revenue is projected to reach an impressive $2.4 billion by the midpoint of this year. The company’s CFO, Dave Conte, disclosed that annualized sales for the first six months of fiscal 2025 are expected to surge by 60% compared to the
The International Energy Agency recently released a report indicating that the surge in global oil production, led by the United States, is expected to surpass demand growth between now and the end of the decade. This forecast paints a picture of unprecedented levels of spare capacity in the oil market, which could potentially disrupt the
The Department of Justice strongly criticized House Republicans for promoting a baseless conspiracy theory that the agency had a hand in the New York hush money trial of former President Donald Trump. Assistant Attorney General Carlos Uriarte labeled the claims as irresponsible and false in a letter to House Judiciary Chairman Jim Jordan, R-Ohio. This
OpenAI recently made headlines by hiring two top executives to join their team. Sarah Friar, previously CEO of Nextdoor and finance chief at Square, has been appointed as the company’s chief financial officer. This move is seen as a strategic decision to bolster the company’s financial capabilities and support its core research capabilities. Friar’s experience
Former President Trump is set to participate in a virtual interview with a New York City probation officer, accompanied by his attorney Todd Blanche, after being found guilty on all counts in the hush money trial. This virtual interview, scheduled to take place from his home at Mar-a-Lago, is a requirement by the court as