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Biden administration changes student loan guidance, as Republican-led states file lawsuit

WASHINGTON, Sept 29 (Reuters) – The Biden administration changed its guidance on who qualifies for federal student loan forgiveness on Thursday, as seven Republican-led states filed a challenge to its student debt cancellation program. President Joe Biden said in August that the U.S. government will forgive $10,000 in student loans for millions of debt-saddled former … Read more

Cryptoverse: Bitcoin miners get stuck in a bear pit

A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register Sept 27 (Reuters) – Spare a thought for the beleaguered bitcoin miner. In late 2021, miners were the toast of the town with … Read more

Alex Jones lashes out at critics at trial over Sandy Hook hoax claims

Register now for FREE unlimited access to Reuters.com Register Sept 22 (Reuters) – Conspiracy theorist Alex Jones ignited a courtroom shouting match on Thursday, railing against critics as he testified in a trial to determine how much he owes families of victims who died in the 2012 Sandy Hook Elementary School mass shooting, which he … Read more

Europe burns cash to help businesses in energy crisis

Register now for FREE unlimited access to Reuters.com Register European gas prices have soared amid Ukraine crisis Utilities face liquidity crunch Germany will ‘do everything possible’ to help firms Russian mobilisation triggers oil price jump BERLIN/LONDON, Sept 21 (Reuters) – Germany nationalised gas importer Uniper (UN01.DE) on Wednesday and Britain said it would halve energy … Read more

Cancer victims urge court to end J&J bankruptcy roadblock to lawsuits

Register now for FREE unlimited access to Reuters.com Register Sept 19 (Reuters) – People suing Johnson & Johnson over the company’s talc products urged an appeals court on Monday to revive their claims, saying the profitable company should not be allowed to use a bankrupt subsidiary to block lawsuits alleging the products cause cancer. They … Read more

Europe races to prepare for energy crunch this winter

Spain may shut energy-intensive industries at peak times France prepares to send gas to Germany in October Germany to sign LNG contracts in UAE Berlin still working on Uniper bailout BERLIN/LISBON, Sept 19 (Reuters) – Germany was pressing on Monday to secure liquefied natural gas contracts with Gulf producers and other European states outlined measures … Read more

U.S. bank regulators consider new rules for regional banks in times of crisis, Wall Street Journal reports

People walk wearing masks outside The Federal Reserve Bank of New York in New York City, U.S., March 18, 2020. REUTERS/Lucas Jackson/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 18 (Reuters) – A group of bank regulators appointed by U.S President Joe Biden is considering new rules which will require … Read more

European stocks extend losses as slowdown warnings weigh

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 16 (Reuters) – European stocks dipped on Friday and Europe’s benchmark German 10-year bond yield hit its highest since mid-June as investors braced for a U.S. rate hike while warnings from the World Bank and the International Monetary Fund fanned fears of a slowdown. … Read more

U.S. stocks slip while yields rise, Fed in focus

Register now for FREE unlimited access to Reuters.com Register Fed looms over broader markets, dollar rises Oil tumbles on demand concerns, U.S. rail strike averted Treasury yields climb while oil gold tumbles NEW YORK, Sept 15 (Reuters) – Wall Street indexes were firmly in the red after a choppy start to Thursday’s session while bond … Read more

U.S. mortgage interest rates top 6% for first time since 2008

Register now for FREE unlimited access to Reuters.com Register Sept 14 (Reuters) – The average interest rate on the most popular U.S. home loan rose above 6% for the first time since 2008 and is now more than double the level it was one year ago, Mortgage Bankers Association (MBA) data showed on Wednesday. Rising … Read more