The U.S. Department of Education is pausing its plan to garnish people’s Social Security benefits if they’ve defaulted on their student loans, a spokesperson for the agency tells CNBC. The U.S. Department of Education is pausing its plan to garnish people’s Social Security benefits if they have defaulted on their student loans, a spokesperson for
By JOSH BOAK, Associated Press WASHINGTON (AP) — President Donald Trump faces the challenge of convincing Republican senators, global investors, voters and even Elon Musk that he won’t bury the federal government in debt with his multitrillion-dollar tax breaks package. The response so far from financial markets has been skeptical as Trump seems unable to
Insurance companies are reportedly looking to capitalize on the rising incidents of kidnapping and physical violence targeting crypto millionaires. NBC News reports that at least three companies that provide insurance and security services for cryptocurrency investors and firms are preparing to offer kidnap and ransom (K&R) insurance policies for those with security concerns stemming from
(Des Moines) — A new rule passed by the Iowa Legislature is intended to protect seniors from fraud at unregulated cryptocurrency kiosks. The measure is part of a broader effort to address financial scams often targeting older Iowans. The law requires crypto operators to post written notices warning consumers about the financial risks of using the machines, which resemble
You can walk. You can shop. Or you can walk, shop and watch a baseball game. It’s all part of the Sparkle Network and Woman’s Life Chapter 911 Macomb Angel’s U-tica Palooza 5K Walk and Shop at 9 a.m. June 14. The annual event, now in its fourth year, was created to honor, remember and
Benzinga | Detroit Free Press JPMorgan’s stock traders see record revenue in Q1 JPMorgan Chase’s stock traders took in a record haul in the first quarter as the biggest US bank boosted equities markets revenue 48% to $3.81 billion. Sonali Basak reports on Bloomberg Television. Bloomberg Magnificent 7 tech giants saw gains in May, too,
Google will invest $7 billion to officially build a data center in Cedar Rapids and expand cloud and artificial intelligence infrastructure in its Council Bluffs complex, more than doubling its existing investment in Iowa. State and city leaders say the May 30 announcement positions Iowa and Cedar Rapids as leaders in delivering AI technology to
New York City’s Campaign Finance Board dealt a blow to mayoral frontrunner Andrew Cuomo on Friday, withholding $1.3 million in matching funds from him — but gave a big lifeline to his opponent Adrienne Adams, clearing her for $2.4 million in critical public cash as the Democratic mayoral primary election looms weeks away. Adams, the
article FILE-A home is listed for sale in Palo Alto, CA, U.S. (Michael Short/Bloomberg via Getty Images) Mortgage rates are still stable after making a slight uptick despite unpredictability in the housing industry. Freddie Mac reported in its Primary Mortgage Market Survey that the 30-year fixed-rate mortgage (FRM) increased this week to its highest level
Fourteen people, including several Southern California residents, were arrested Wednesday, May 28, and accused of scamming the government out of more than $25 million in COVID-19 relief funds and federal small business loans, according to the U.S. Department of Justice. Two federal criminal complaints named 18 defendants, four of whom are believed to be in