Billionaire Mark Cuban confronted fellow billionaire Bill Ackman online on Saturday after he criticized President Joe Biden‘s forgiveness plan for student loan debt. Biden recently canceled student loan debt for a further 277,000 people, bringing the total number of Americans approved for debt relief during his administration to 4.3 million. The latest debt relief applies
Fed Chair Jerome Powell is facing intensifying pressure as hotter-than-expected inflation complicates his coming interest rate decisions. The fact that both Joe Biden and Donald Trump weighed in this past week isn’t making it any easier. The situation has a historical parallel: the acute persuasion and coercion that Powell’s predecessors faced during twin bouts of
For the second time this week, the Biden Administration announced it’s wiping out more student loans. More than a quarter million borrowers will get an email from the White House Friday telling them their debt is canceled, totaling $7.5 billion. But critics say the handout is unfair to those who paid off their loans and
NEW YORK (AP) — Donald Trump’s campaign said it raised $50.5 million on Saturday, a staggering reported haul as his campaign works to catch up to the fundraising juggernaut of President Joe Biden and the Democratic Party. The reported haul from the event with major donors at the Palm Beach, Florida, home of billionaire investor
WASHINGTON – Former President Donald Trump is expected to raise $43 million or more at a fundraiser for his 2024 presidential campaign in Florida on Saturday evening, a much-needed surge in funds as the four-times indicted ex-president faces mounting legal expenses. The event, hosted at the Palm Beach home of billionaire hedge fund manager John
Maryland’s congressional delegation will meet with Gov. Wes Moore and the director of the U.S. Office of Management and Budget Tuesday to discuss emergency funding for Baltimore and its response to the collapse of the Francis Scott Key Bridge, multiple sources familiar with the planning told CBS News. The meeting will be held Tuesday at
NEW YORK (AP) — Days after former President Donald Trump posted a $175 million bond to block New York state from imminently collecting on a huge civil fraud judgment, state lawyers Thursday called for more information on the bond’s bona fides. State Attorney General Letitia James’ office filed papers giving Trump’s lawyers or the bond
Providing Donald Trump’s $175 million appeal bond when other insurers wouldn’t is business as usual for California financier Don Hankey. As chairman of the Los Angeles-based Hankey Group of Companies, which includes an insurer, a subprime auto lender and a commercial real estate investment firm, Hankey has amassed a fortune lending to borrowers other financial
If the flood of political fundraising please in your email inbox is any indication, political officeholders and hopefuls will spare no effort in raising money to win elections. However, when an elected official or candidate runs afoul of the law, can these political contributions foot the bill for their legal battles? Former President Donald Trump
ADAM DAVIS / EPA-EFE / Shutterstock.com As a former Wells Fargo financial advisor, the managing trustee of a private real estate trust and general counsel and head of finance of the LLC Attorney firm, Jonathan Feniak has earned sizeable salaries that allowed him to invest his way into a seven-figure net worth. Explore More: 6