The Biden-Harris administration on Thursday announced another round of student loan handouts, removing $4.5 billion in debt for more than 60,000 borrowers who work in public service. The Department of Education said in a news release the relief came about from “significant fixes” to the Public Service Loan Forgiveness (PSLF)…

For the second year in a row, Carmel, Indiana has been rated the best small city in America.That’s according to WalletHub, which this month released its annual report on the country’s best small cities. The report graded the nation’s more than 1,300 cities with populations between 25,000 and 100,000 on…

Many Americans face a retirement savings shortfall. However, setting aside more money could get easier for some older workers in 2025.Enacted by Congress in 2022, the Secure Act 2.0 ushered in several retirement system improvements, including updates to 401(k) plans, required withdrawals, 529 college savings plans and more.While some Secure…

Airbus has announced plans to slash up to 2,500 jobs in its defense and space division, citing a “complex business environment” marked by challenges including rising costs and “rapid changes in warfare.” The European aerospace giant, which competes with beleaguered Boeing (BA) in airplane manufacturing, said Wednesday that it expects to complete the layoffs…

Kinnevik AB (OTCPK:KNVKF) Q3 2024 Results Conference Call October 16, 2024 4:00 AM ET Company Participants Georgi Ganev – CEOSamuel Sjöström – CFOTorun Litzen – Director of Corporate Communications Conference Call Participants David Johansson – Nordea MarketsLinus Sigurdson – DNB MarketsAndreas Joelsson – CarnegieDerek Laliberte – ABG Sundal CollierBharath Nagaraj…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US carmaker General Motors has increased its investment in a lithium mine to nearly $1bn as it seeks to secure the long-term supply of a metal that is crucial to the production…

A federal judge ordered Alabama’s Republican secretary of state on Wednesday to reverse a program that purged more than 3,000 names from the state’s voter rolls, agreeing with the Biden administration’s argument that the purge took place too close to the election. “For decades, federal law has given states a hard deadline…

The start of the Medicare Open Enrollment Period revealed major changes in the availability of plans and pricing. The biggest changes are in Medicare Advantage plans and Part D prescription drug plans. As expected, significant changes were on the way because of announcements from major insurers and policy changes from…

While building up your retirement savings is important, how much money you’ll actually need depends on where you are. That’s because the annual cost of living can vary by over $71,000 between U.S. states, according to a recent GOBankingRates analysis.Hawaii has the highest average retirement expenses, with an estimated $129,296…

United Airlines said Tuesday that it is starting a $1.5 billion share buyback as the carrier reported higher-than-expected earnings for the busy summer travel season and forecast strong results for the last three months of the year.United expects to earn an adjusted $2.50 to $3.00 a share in the fourth…