The clock is ticking for student loan borrowers who are looking to expedite the process of debt forgiveness. A crucial deadline looms at the end of June, giving borrowers the opportunity to have their debts cleared quicker than anticipated. The key lies in applying for loan consolidation by June 30, a strategic move that consolidates
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As we approach the second half of the year, Wall Street analysts are predicting that certain stocks will outperform the market. Despite the S&P 500 already rallying more than 15% in 2024, there are some companies that are expected to continue to see gains. Investment firms like Goldman Sachs, Evercore ISI, and Citi have raised
In a groundbreaking move, members of the Amazon Labor Union have voted to affiliate with the International Brotherhood of Teamsters. This marks a significant step for the ALU, which is the first group of company workers to organize at a U.S. warehouse. The decision, with a resounding 98% in favor of joining the Teamsters, was
The summer of 2024 is off to a scorching start, with almost 72 million people under warnings of extreme heat according to the National Weather Service. Cities like Chicago, St. Louis, Indianapolis, and New York City are all experiencing extreme heat advisories, with temperatures soaring above 90 degrees for a vast portion of the population.
The U.S. Treasury yields experienced a decline recently following the release of data indicating a decrease in inflationary pressures. Specifically, the 10-year Treasury yield dropped by 3 basis points and was trading at 4.211%, while the 2-year Treasury note yield also fell by 1 basis point to 4.679%. These movements are in response to the
Databricks, a leading data analytics software vendor, recently announced to investors its projected annualized revenue of $2.4 billion by the midpoint of the current year. This estimate represents a significant 60% increase in annual sales through July compared to the previous year. Despite challenges faced by the software industry due to economic factors such as
The International Energy Agency (IEA) recently announced that a surge in global oil production, mainly led by the United States, is expected to exceed demand growth until the end of the decade. This oversupply of oil is predicted to result in unprecedented levels of spare capacity, potentially causing chaos in the OPEC+ market management. As
In a scathing response to House Republicans, the Department of Justice vehemently denied the unfounded allegations that the agency had any influence over the recent New York hush money trial involving former President Donald Trump. Assistant Attorney General Carlos Uriarte rebuked the claims, labeling them as “completely baseless” and “irresponsible.” The accusations by Republicans, particularly
OpenAI made significant moves on Monday by appointing two new top executives and announcing a collaboration with Apple. These developments mark a pivotal moment for the company as it continues to expand its reach in the tech sector. Sarah Friar, the former CEO of Nextdoor and finance chief at Square, has been appointed as the
Former President Trump is facing the aftermath of being found guilty on all counts in the hush money trial. The upcoming virtual interview with a New York City probation officer, scheduled to take place from his home at Mar-a-Lago, adds another layer of complexity to an already historic case. The probation interview, required by the
