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ESPN layoffs include two prominent NBA analysts.

President Joe Biden will announce new steps to protect student-loan borrowers after the Supreme Court threw out his

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Kenya's president, his deputy and other state officials are set to receive pay rises despite citizens facing deep economic hardship and higher taxes, according to a...

Andrew Tate has welcomed former UKIP and Brexit Party politician Nigel Farage to 'the club' after the GB News host claimed that he was being forced out of the UK by banks. Farage shared a six-minute monologue on Thursday claiming that he is facing "serious political persecution" after his unnamed bank closed his accounts two months ago for an apparant "commercial decision." The 59-year-old added that similar things had happened to his family and his political colleagues and he was now contemplating leaving the country and is planning his "next steps." Sign up to our free Indy100 weekly newsletter He added: "I won’t really be able to exist or function in a modern 21st century Britain,” Farage said. “‘I’m beginning to think that perhaps life in the United Kingdom is now becoming completely unliveable because of the levels of prejudice against me.” In response, Tate, the outspoken British-American influencer currently facing charges of rape and human trafficking in Romania said: "Welcome to the club." Tate was arrested in late December 2022 and has been under house arrest with his brother Tristan and two other associates ever since. Earlier this month, Tate and the three other men were officially charged by the Romanian authorities for the aforementioned offenses as well as organised crime for the specific exploitation of women. Tate has strongly denied all the charges against him. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

The US Supreme Court has struck down President Joe Biden’s plan to cancel student loan debts for millions of Americans, reversing his campaign-trail promise as borrowers prepare to resume payments this summer. Chief Justice John Roberts delivered the 6-3 decision from the court’s conservative majority. The ruling, which stems from a pair of cases challenging the Biden administration and the US Department of Education, argues that the president does not have authority to implement sweeping relief, and that Congress never authorised the administration to do so. Within 30 minutes on the last day of its term, the court upended protections for LGBT+ people and blocked the president from a long-held promise to cancel student loan balances amid a ballooning debt crisis impacting millions of Americans. Under the plan unveiled last year, millions of people who took out federally backed student loans would be eligible for up to $20,000 in relief. Borrowers earning up to $125,000, or $250,000 for married couples, would be eligible for up to $10,000 of their federal student loans to be wiped out. Those borrowers would be eligible to receive up to $20,000 in relief if they received Pell grants. Roughly 43 million federal student loan borrowers would be eligible for that relief, including 20 million people who stand to have their debts canceled completely, according to the White House. Roughly 16 million already submitted their applications and received approval for debt cancellation last year, according to the Biden administration. The long-anticipated plan for debt cancellation was met almost immediately with litigation threats from conservative legal groups and Republican officials, arguing that the executive branch does not have authority to broadly cancel such debt. Six GOP-led states sued the Biden administration to stop the plan altogether, and a federal appeals court temporarily blocked any such relief as the legal challenges played out. Since March 2020, with congressional passage of the Cares Act, monthly payments on student loan debt have been frozen with interest rates set at zero per cent. That Covid-19-pandemic era moratorium, first enacted under Donald Trump and extended several times, was paused a final time late last year – until the Education Department is allowed to cancel debts under the Biden plan, or until the litigation is resolved, but no later than 30 June. Payments would then resume 60 days later. The amount of debt taken out to support student loans for higher education costs has surged within the last decade, alongside growing tuition costs, increased private university enrollment, stagnant wages and GOP-led governments stripping investments in higher education and aid, putting the burden of college costs largely on students and their families. The crisis has exploded to a total balance of nearly $2 trillion, mostly wrapped up in federal loans. Millions of Americans also continue to tackle accrued interest without being able to chip away at their principal balances, even years after graduating, or have been forced to leave their colleges or universities without obtaining a degree at all while still facing loan repayments. Borrowers also have been trapped by predatory lending schemes with for-profit institutions and sky-high interest rates that have made it impossible for many borrowers to make any progress toward paying off their debt, with interest adding to balances that exceed the original loan. One analysis from the Education Department found that nearly 90 per cent of student loan relief would support people earning less than $75,000 per year. The median income of households with student loan balances is $76,400, while 7 per cent of borrowers are below the poverty line. That debt burden also falls disproportionately on Black borrowers and women. Black college graduates have an average of $52,000 in student loan debt and owe an average of $25,000 more than white graduates, according to the Education Data Initiative. Four years after graduating, Black student loan borrowers owe an average of 188 per cent more than white graduates. Women borrowers hold roughly two-thirds of all student loan debt, according to the American Association of University Women. Mr Biden’s announcement fulfilled a campaign-trail pledge to wipe out $10,000 in student loan debt per borrower if elected, though debt relief advocates and progressive lawmakers have urged him to cancel all debts and reject means-testing barriers in broad relief measures. In November 2020, the president called on Congress to “immediately” provide some relief for millions of borrowers saddled by growing debt. “[Student debt is] holding people up,” he said at the time. “They’re in real trouble. They’re having to make choices between paying their student loan and paying the rent.” This is a developing story Read More Supreme Court allows Colorado designer to deny LGBT+ customers in ruling on last day of Pride Month Biden condemns Supreme Court striking down affirmative action: ‘This is not a normal court’ Justice Ketanji Brown Jackson delivers searing civil rights lesson in dissent to affirmative action ruling

OTTAWA, Ontario--(BUSINESS WIRE)--Jun 30, 2023--

A group of Democratic senators is asking the Consumer Financial Protection Bureau to take action against medical credit cards such as CareCredit, saying the cards’ deferred interest features are confusing and often lead to consumers paying high interest rates after a promotional period has ended

By Michael S. Derby and Dan Burns The U.S. Supreme Court's striking down of President Joe Biden's student

A sharply divided Supreme Court has ruled that the Biden administration overstepped its authority in trying to cancel or reduce student loans for millions of Americans

The tennis world descends on the All England Lawn Tennis and Croquet Club over the next two weeks for this year's Wimbledon.The third grand slam of the 2023 season features Novak Djokovic's pursuit of history. Djokovic broke a tie with Rafael Nadal by winning his 23rd slam at the Frenc...

The US Supreme Court ruled Friday that some private businesses can refuse service to same-sex couples for religious reasons, in a...