At the very least, the Supreme Court‘s pending decision on President Joe Biden’s student loan forgiveness plan will shed more light on the overwhelming burden of education debt. Increasingly, borrowers are struggling under the weight of a growing tab. As of the latest tally, borrowers owe a combined $1.7 trillion. For those who start college but never finish, managing such
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On the edge of the East River in Brooklyn, the cranes haven’t arrived at the construction site yet. Instead, massive drills are scattered across the full city block, drilling 320 boreholes nearly 500 feet into the ground. When construction is completed in 2025, the site will house the largest residential apartment complex in the U.S.
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In this article ILMN Follow your favorite stocksCREATE FREE ACCOUNT A building on the campus at the world headquarters of Illumina is shown in San Diego, California, September 1, 2021. Mike Blake | Reuters Illumina on Tuesday unveiled plans to cut costs in a bid to improve the DNA sequencing company’s shrinking margins. The plans
In this article .FKRX300 Follow your favorite stocksCREATE FREE ACCOUNT Employees stand in front of the SK Hynix Inc. logo displayed at the company’s office in Seongnam, South Korea, on Monday, July 24, 2017. SeongJoon Cho | Bloomberg | Getty Images South Korean chipmaker SK Hynix has reported a record quarterly operating loss of 3.4
In this article ENPH V GOOGL CMG PACW MSFT Follow your favorite stocksCREATE FREE ACCOUNT 3,760 Enphase microinverters will power the drying and storage of more than 50,000 tons of California rice at Strain Ranch in Arbuckle, Calif., Tuesday, Feb. 19, 2013. Alison Yin | AP Check out the companies making headlines in extended trading.
Britain is gearing up for days of pomp and pageantry in early May as its new monarch is crowned in a coronation ceremony not seen in the country for 70 years. Millions of people are expected to travel to and around the United Kingdom to witness the coronation of King Charles III and Queen Camilla
Alistair Berg | Digitalvision | Getty Images The following is an excerpt from “This week, your wallet,” a weekly audio show on Twitter produced by CNBC’s Personal Finance team. Listen to the latest episode here. Americans are living longer — and it’s changing the nature of retirement planning. The classic retirement framework aims for seniors
In this article CMG Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians wearing protective masks walk in front of a Chipotle restaurant in San Francisco, California, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill is expected to report its first-quarter results after the bell on Tuesday. Here’s what Wall Street
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT WASHINGTON, DC – DECEMBER 11: Google CEO Sundar Pichai testifies before the House Judiciary Committee at the Rayburn House Office Building on December 11, 2018 in Washington, DC. The committee held a hearing on ‘Transparency & Accountability: Examining Google and its Data Collection, Use and
Stock pickers may have a clear edge over passive investors. According to Stifel’s Barry Bannister, the market is on a road to nowhere for almost the next decade. related investing news This tech company is the ‘best possible beneficiary’ of A.I., says fund manager Weizhen Tan 2 days ago “Easy money is behind us, the
Republican Sen. Bill Cassidy of Louisiana speaks to the press on Capitol Hill on Feb. 10, 2021. Nicholas Kamm | AFP | Getty Images Social Security’s trust funds have a new projected depletion date that is about a decade away. Sen. Bill Cassidy, R-La., revealed during a Tuesday webcast hosted by the Bipartisan Policy Center
JGI/Jamie Grill After years of relatively low yields, certificates of deposit, or CDs, have recently shelled out higher rates, following a series of interest rate hikes from the Federal Reserve. While there’s uncertainty around the Fed’s future moves and the direction of interest rates, experts say CD ladders may capture higher yields while offering flexibility.
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In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT McDonald’s customers are pushing back against higher prices in some markets and adding fewer menu items to their orders, CEO Chris Kempczinski said Tuesday. Shares of McDonald’s fell slightly Tuesday, but the stock hit a new 52-week high. McDonald’s is up about 10% so far
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Satya Nadella, chairman and chief executive officer of Microsoft Corp., speaks during the virtual Meta Connect event in New York on Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Images Microsoft will report fiscal third-quarter earnings after the close of regular trading Tuesday. Here
A Commodity Futures Trading Commission official said Tuesday that she hopes to find a “path forward” in the regulator’s legal battle with crypto exchange Binance, noting that no decision has been taken yet on whether to settle the case or take it to court. Kristin N. Johnson, commissioner at the CFTC, said that the regulator
Peter Lynch (L), Fidelity Funds Advisory Board Member. Peter Lynch (L), vice chairman of Fidelity Management and Research Co Legendary investor Peter Lynch has one of the best investing records under his belt, but he still has regrets for not buying into some of the biggest tech companies in recent years. The former Fidelity Magellan
At the country’s top colleges, the most recent application season was the most competitive on record, but for some students, getting accepted was the easy part. The biggest problem that remains is how they will afford to go. To that end, The Princeton Review ranked colleges by how much financial aid is awarded and how satisfied students are with