Supreme Court blocks Biden's student loan forgiveness program
In a stinging defeat for President Joe Biden, the Supreme Court blocked the administration's student loan forgiveness plan Friday, rejecting a program aimed at delivering up to $20,000 of relief to millions of borrowers struggling with outstanding debt.
1970-01-01 08:00
Biden's student loan defeat adds to headwinds for US economy
By Michael S. Derby and Dan Burns The U.S. Supreme Court's striking down of President Joe Biden's student
1970-01-01 08:00
US Supreme Court to decide fate of Biden student loan forgiveness
By John Kruzel WASHINGTON The U.S Supreme Court on Friday was set to rule on the legality of
1970-01-01 08:00
Ares acquires $3.5 billion loan portfolio from PacWest
Private-equity firm Ares Management said on Monday it had acquired a $3.5 billion specialty finance loan portfolio from
1970-01-01 08:00
Zambian President Hichilema's $6bn debt deal hailed as 'historic'
The country, which defaulted in 2020, has been engaged in protracted talks over its repayments.
1970-01-01 08:00
EBRD lends 50 million euros to Ukraine's Ukreximbank
KYIV The European Bank for Reconstruction and Development will provide a 50-million-euro ($54 million) loan to one of
1970-01-01 08:00
Ford agrees to $9.2 billion US government loan
Ford and its South Korean battery manufacturing partner SK On have agreed to a loan of $9.2 billion from the US Department of Energy as part of President Joe Biden's push to bring more electric vehicle production to the United States.
1970-01-01 08:00
Iceland Ireland owner placed into examinership
Last week the firm was ordered to withdraw all imported frozen food of animal origin.
1970-01-01 08:00
Iceland Ireland told to recall UK products 'of animal origin'
The Food Safety Authority of Ireland has directed the withdrawal of frozen foods of an animal nature.
1970-01-01 08:00
Italy reassessing GLAM scheme to handle state-guaranteed loans, sources say
By Giuseppe Fonte and Valentina Za ROME Italy is reassessing how it plans to deal with billions of
1970-01-01 08:00
Supreme Court could soon rule on Biden's student loan forgiveness program. Here's what borrowers need to know
Millions of borrowers may learn soon whether they could receive up to $20,000 in debt relief under President Joe Biden's student loan forgiveness program. The fate of the debt cancellation program lies with the Supreme Court, which is expected to rule in late June or early July.
1970-01-01 08:00
U.S. Bancorp CEO says economy heading for "moderate" recession
U.S. Bancorp's Andy Cecere forecast a "moderate" recession that would be short and "not very deep in terms
1970-01-01 08:00