The controversial organization that for years has been public servants’ main point of contact in accessing student-loan forgiveness will no longer be servicing federal student loans at the end of this year.  The Pennsylvania Higher Education Assistance Agency informed the Department of Education’s Office of Federal Student Aid Thursday...
ByteDance Ltd. founder Zhang Yiming has stepped down as chairman of the Chinese tech giant, according to reports late Tuesday, months after resigning as CEO of the TikTok parent. CEO Liang Rubo will take Zhang’s place as chairman, Bloomberg News and Reuters reported, citing sources familiar with the matter....
The name Goldman Sachs conjures images of white-shoe investment bankers cutting multibillion-dollar M&A deals or underwriting major initial public offerings. Or it might bring to mind Goldman’s massive trading floors, where stocks, bonds, commodities and currencies are bought and sold on behalf of institutional clients and wealthy individuals. ...
Most boats were lifted in the stock market on Dec. 7, as investors apparently got over their fears of the latest coronavirus variant. Semiconductor stocks led the way, with gains far outpacing the broader market. Read: U.S. stock indexes rise Tuesday as omicron fears subside The Dow...
More than 2 million Americans across 18 Republican-led states are going to be cut off from enhanced federal unemployment benefits that have prevented millions of Americans from living in poverty in the coming weeks. Their governors say these benefits, which were set to expire in September, are overly generous...
U.S. stocks have been a winning investment these last two years, on what proved to be a correct bet that corporate earnings would recover from the coronavirus pandemic, as well as the low interest rates and fiscal stimulus that have heated up the global economy. Strategists at Morgan Stanley...
This article is reprinted by permission from NextAvenue.org. If you’re curious how to become one of the happiest retirees and how to avoid becoming one of the least happy retirees, I can offer some surprising guidance. That’s because of what I learned reading two excellent, new books about all this...
U.S. stock futures fell Friday, as investors awaited November jobs data, at the end of a volatile week driven by headlines over the omicron coronavirus variant and hawkish comments from Federal Reserve Chair Jerome Powell. How are stock-index futures trading? S&P 500 futures ES00, -0.37% slipped 0.2% to...
The crypto industry has pledged to continue its fight against new tax rules included in the bipartisan infrastructure deal that awaits President Joe Biden’s signature following its passage by the House of Representatives last Friday. The bill would require any person who regularly provides a service that executes...
It’s been nearly a year since Sony SONY, +0.36% first released its PlayStation 5 videogame consoles, and while over 10 million have already been sold, they are still not widely available for customers. Due to huge demand, global chip shortages and various supply-chain issues, they are sold out at...