by Melissa Sanchez, ProPublica Illinois, and Elliott Ramos, WBEZ Chicago Chicago Mayor Lori Lightfoot announced Wednesday a temporary halt to the city’s debt collection and ticketing practices to give low-income residents relief during the coronavirus […]
Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images 23andMe on Tuesday reported declining revenue in its most recent quarter, a day after the company said it will cut 40% of its workforce and shutter its therapeutics business as part of a business […]
10’000 Hours | Digitalvision | Getty Images Current borrowers should remain entitled to relief While the program remains in effect, borrowers are entitled to the relief, said Betsy Mayotte, president of The Institute of Student Loan Advisors, a nonprofit. “Don’t panic,” Mayotte said. “PSLF is written into federal law, by a Republican president, and it would […]
On the road to electrifying vehicles, cars and small trucks are getting there. Big rigs, however, pose bigger hurdles. The trouble with electrifying tractor-trailer trucks is that the tractor component needs more power than the current charging infrastructure can handle and the necessary charging time is long. Major truck manufacturers such as VolvoFreightliner and Tesla […]
John Paulson visits “Mornings With Maria” at Fox Business Network Studios on October 23, 2024 in New York City. John Lamparski | Getty Images The investor John Paulson removed himself Tuesday from consideration as a potential nominee for Treasury secretary by President-elect Donald Trump. Paulson said, “My complex financial obligations would prevent me from holding […]
An employee works in the cockpit of a Boeing P-8 Poseidon maritime patrol aircraft on the production line at Boeing’s 737 factory in Renton, Washington, November 18, 2021. Jason Redmond | Reuters Boeing ‘s more than 32,000 machinists who were on strike are required to return to their factories no later than Tuesday, but getting […]
A guard escorts an immigrant detainee from his ‘segregation cell’ back into the general population at the Adelanto Detention Facility, managed by GEO Group. Getty Images Private prison stocks rose Monday after President-elect Donald Trump selected immigration hardliner Tom Homan as his “border czar.” The Geo Group and CoreCivic jumped more than 4% and more […]
The stock market could enjoy a bigger boost from President-elect Donald Trump than any previous administration thanks to his pro-business policies, according to Jeremy Siegel, finance professor at the Wharton School of the University of Pennsylvania. “President-elect Trump is the most pro-stock market president we have had in our history,” Siegel said Monday on CNBC’s “Squawk […]
Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Anna Moneymaker | Getty Images Tesla shares closed up nearly 9% on Monday, continuing to ride a postelection rally as President-elect Donald Trump, closely allied with CEO Elon Musk, begins to set up his presidential cabinet. Analysts at Wedbush […]
Scott Olson | Getty Images News | Getty Images President-elect Donald Trump wants to address housing affordability in the U.S. by fomenting the construction of new homes. “We’re going to open up tracks of federal land for housing construction,” Trump said during an Aug. 15 news conference. “We desperately need housing for people who can’t […]
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