Student loan borrowers are facing a crucial deadline at the end of June, which could have a significant impact on their debt forgiveness. The Biden administration has implemented a temporary policy that allows borrowers to consolidate their multiple federal student loans into a single new loan, potentially leading to quicker debt relief. This move, known
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Warren Buffet’s Berkshire Hathaway is projected to rise by 20.8% over the next 12 months, making it one of the top picks by analysts for the second half of 2024. The Class B stock is already up around 13% year to date, showing its potential for further growth. Three out of the four analysts covering
The recent decision made by members of the Amazon Labor Union (ALU) to affiliate with the International Brotherhood of Teamsters marks a significant moment in the history of labor movements in the United States. With an overwhelming majority of ALU members voting in favor of joining the Teamsters, this move is poised to exert pressure
As the summer of 2024 is officially in full swing, almost 72 million people were under extreme heat warnings according to the National Weather Service. Major cities such as Chicago, St. Louis, Indianapolis, and New York City were included in this warning, signaling the severity of the heat wave. With temperatures soaring above 90 degrees
The U.S. Treasury yields saw a noticeable decline on Friday due to recent data reflecting easing inflation. The 10-year Treasury yield dropped by 3 basis points, trading at approximately 4.211% at 6:29 a.m. ET. Similarly, the 2-year Treasury note yield fell by 1 basis point to reach 4.679%. It is essential to understand that yields
In a recent investor briefing, Databricks CFO Dave Conte revealed some staggering numbers regarding the company’s revenue projections. By the midpoint of the current year, Databricks expects its annualized revenue to reach an impressive $2.4 billion. What makes this even more remarkable is the fact that their sales for the first six months of fiscal
The International Energy Agency recently released a report that highlighted a significant shift in the global oil production and demand landscape. The report predicts that a surge in oil production, led primarily by the U.S., will outstrip demand growth until the end of the decade. This surge is expected to push spare capacity to unprecedented
The Department of Justice (DOJ) recently condemned House Republicans for spreading baseless allegations that the federal agency had orchestrated the hush money trial of former President Donald Trump in New York. Assistant Attorney General Carlos Uriarte labeled the conspiracy theory as “irresponsible” and “completely false.” He emphasized that there was no evidence of any coordination
OpenAI, a leading artificial intelligence company, made headlines on Monday with the announcement of two key executive hires. Sarah Friar, known for her previous roles as the CEO of Nextdoor and finance chief at Square, is now stepping into the role of chief financial officer at OpenAI. Alongside Friar, Kevin Weil, the former president of
Former President Trump is scheduled to sit for a virtual interview on Monday with a New York City probation officer from his home at Mar-a-Lago. This comes after he was found guilty on all counts in the hush money trial against him last month. The probation interview is a required part of the former president’s