Biden’s latest student loan forgiveness plan would cost taxpayers $475B, analysis says
President Biden's plan to replace his failed student loan program will cost taxpayers $475 billion over 10 years, according to a Penn Wharton analysis.
Student loans: More than half of borrowers say they may miss a payment
Many student loan borrowers are worried they'll miss at least one payment when repayment begins, according to a survey by Morning Consult. But the Biden administration announced new student loan relief initiatives after the Supreme Court shut down its student loan forgiveness plan.
Chipmakers push back on US restrictions on semiconductor exports to China
Executives from several leading chipmakers met with Biden administration officials at the White House as the U.S. weighs new restrictions on semiconductor exports to China.
Dem megadonor drops six-figure donation in Tesla stock backing Biden's re-election bid
Karla Jurvetson, a Democrat megadonor, donated over $100,000 worth of Tesla stock to the political action committee backing President Biden's reelection campaign.
Biden forgives $39B in student loan debt – here’s who qualifies
The Biden administration is forgiving $39 billion in student debt for more than 800,000 borrowers after making changes to income-driven repayment plans. Here’s what you need to know.
Teamsters leader tells Biden to butt out of labor talks with UPS as strike looms
The president of the Teamsters said Sunday that he asked the White House on several occasions not to engage in his ongoing negations with UPS as a strike looms near.
OpenAI CEO Sam Altman has donated $200,000 to Biden campaign
OpenAI CEO Sam Altman sent two transfers of $100,000 each to Biden's political committee, the Biden Victory Fund, in mid-June, an FEC report shows.
Biden administration forgives $39 billion in student loan debt to more than 800,000 borrowers
The Biden administration announced Friday that it will provide $39 billion in automatic loan forgiveness for federal student loans.
Student loan scam attempts likely to rise after SCOTUS decision: FTC
Scammers are likely to start contacting borrowers, promising to help them repay their loans after SCOTUS struck down Biden’s student loan forgiveness plan, the FTC said. Here's how borrowers can protect themselves.
Student loan borrowers not ready to resume payments, unaware of options: survey
More than half of student loan borrowers said they don't feel financially ready to resume payments in 2023, even as the pause ends, according to the College Investor survey.
Stuart Varney: Democrats want Biden out of the race
FOX Business' Stuart Varney discussed whether Democrats want Biden out of the 2024 race after hurling several personal criticisms at the president.
Air Force bonus funding held up in Congress by feuding states' lawmakers amid ongoing recruiting crisis
The Air Force is temporarily halting permanent change of station moves and re-enlistment bonuses as it face budget restrictions borne out of a dispute with Alabama lawmakers.
Yellen returns from Beijing, says US, China want to ‘stabilize’ relations
Treasury Secretary Janet Yellen recently visited China and said she believes that the U.S. and Beijing are ready to work together and "stabilize" their economic relationship.
Biden announces new student loan forgiveness plan for borrowers making less than 125K
Under the Higher Education Act, the Biden administration is taking another shot at student loan forgiveness after SCOTUS struck down its plans.
Stuart Varney: China is determined to humiliate Biden officials despite 'intensifying problems' at home
FOX Business' Stuart Varney discussed trips to China by Treasury Secretary Janet Yellen and Secretary of State Antony Blinken as the communist nation faces population and economic challenges.
Yellen vows US will protect its own 'national security' after China's espionage law threatens American firms
U.S. Treasury Secretary Janet Yellen said during her 10 hours of meetings with Chinese officials that she raised concern over a new counterespionage law.
Biden administration announces SAVE plan after SCOTUS student loan decision
The White House announced SAVE, a new income-driven student loan repayment plan and other initiatives following the Supreme Court's decision to strike down widespread student loan forgiveness.
LARRY KUDLOW: Biden's emphasis on manufacturing is baffling
FOX Business host Larry Kudlow takes a hit at President Biden's economic policies and leadership on Thursday's "Kudlow."
Biden admits China 'dominating' raw material production, promises to bring 'full battery supply chain home'
President Joe Biden touted the purported successes of "Bidenomics" through his Inflation Reduction and CHIPS and Science Acts to address Chinese global competition.
White House sends Yellen to China as expert warns Beijing will push ‘concession based diplomacy’
Treasury Secretary Janet Yellen heads to China to bolster ties as relations with Beijing remain strained diplomatically, militarily and economically.