Higher education has taken a beating over the last two years of the coronavirus pandemic, including a decline in student enrollment and concerns over college affordability . As a result, it’s forced the industry to rethink what it contributes to the younger generation, according to the CEO of a major education company. “The value of…
Business Trends
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Biden is on the verge of canceling at least $10,000 in student loans — but that doesn’t mean borrowers will get relief right away
US President Joe Biden is nearing a decision to wipe $10,000 in student loan debt per borrower.NICHOLAS KAMM/AFP via Getty Images The Biden administration is on the verge of providing student debt relief to most borrowers.But their efforts to exclude higher-earners may create a bureaucratic nightmare for the rest.One higher education expert warned of a…
‘It stings’: Dene filmmaker turned away from Cannes red carpet over moccasins | Globalnews.ca
A Vancouver-based Indigenous film producer says he was treated like he was “trying to steal something” after being turned away from a red carpet event at the Cannes Film Festival because he was wearing a pair of traditional moccasins. Kelvin Redvers, a member of the Dene Nation from the North West Territories, was at the…
JPMorgan employees describe growing ‘paranoia’ as the company tracks their office attendance, calls, calendars, and more — with one worker even installing a ‘mouse jiggler’ to evade ‘Big Brother’
JPMorgan Chase CEO Jamie Dimon.Employees at the bank say suspicion and fear are swirling over the firm’s data-collection efforts.KENA BETANCUR/Getty Images JPMorgan has developed a powerful data-collection tool to monitor its employees’ activities.Employees at America’s largest bank fear what the data collection could mean for their jobs.One staffer described a workplace where terms like “Big…
AOC swings at the White House for weighing only $10,000 in student debt relief: ‘We can do better’
Rep.Alexandria Ocasio-Cortez of New York.Drew Angerer/Getty Images The White House will reportedly relieve $10,000 in student debt for borrowers making under $150,0000.Rep.Alexandria Ocasio-Cortez said that $10,000 in relief will anger both borrowers and opponents.She said “we can do better.” Advocacy groups are also calling for broad relief.Sign up for our weekday newsletter, packed with original…
Canned cocktails and bolder seltzers are set to dominate summer
New York (CNN Business) When you crack open a cold one this summer, you may be drinking something other than beer . Drinkers will be tempted with a wide variety of new boozy beverages hitting shelves, with big brands expanding their portfolios to offset slowing beer sales.Canned cocktails and spiked seltzers with upgraded flavors (sorry,…
WILFORD: Latest IRS Data Shows Taxpayers Continue To Flee High-Tax States
It’s a time-tested axiom for tax policy: the more you tax something, the less you get of it.Unfortunately for states used to subjecting their victims — ahem, residents — to punitively high taxes, that also holds true for the taxpayers themselves. The latest IRS tax migration data , covering tax year 2019-2020, shows that the…
Paris Hilton wants to be the ‘Queen of the Metaverse’
(CNN) A fuschia Bentley drives down a twisty desert road toward the entrance of the Neon Carnival, an after-party held each year during Coachella.Paris Hilton has arrived.Her hair is in pigtails, twisted in part with white flowers, and she’s wearing a sparkly pink romper that matches her platform boots.She greets fans on a red carpet,…
Who is Greg Abbott: The pro-gun, anti-abortion Republican governor who has fielded several Texas crises since 2015
Texas Governor Greg Abbott speaks during the Houston Region Business Coalition’s monthly meeting on October 27, 2021 in Houston, Texas.Photo by Brandon Bell/Getty Images The school shooting in Uvalde wasn’t the first gun tragedy Texas Gov.Greg Abbott has faced.The Republican lawmaker has overseen six mass shootings throughout his two terms as governor.Insider delved into Abbott’s…
House hunters take note: the market is starting to cool
A blazing-hot housing market is starting to cool across the U.S., a sign of hope for potential homebuyers who have spent months shopping for a new home amid the most daunting circumstances in decades. The combination of rising mortgage rates and skyrocketing home prices have prompted some buyers to bail on the market entirely, thus…