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An increasing number of borrowers who filed cases seeking student debt discharge are successfully receiving debt relief through bankruptcy after a policy change by President Joe Biden’s administration, according to the Department of Education. A total of 588 people filed cases seeking student debt discharged through bankruptcy between October 2023…
Sales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Sales were also 5.4% lower than June of last year. This is the slowest sales pace since December.These are closed sales,…
Check out the companies making headlines in midday trading: Spotify Technology — Shares surged 12% after the music streaming company posted better-than-expected second-quarter earnings. Gross margin and operating income also surpassed expectations. Analysts said they remain cautiously optimistic despite softness in monthly active user counts, pointing to strong margin performance…
Overstock.com, which was one of the biggest names in e-commerce, is being revived just a year after its new owners ditched the name in favor of Bed Bath & Beyond. The relaunched Overstock.com sells a lot of stuff similar to its previous incarnation, including indoor and outdoor furniture, home improvement…
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Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseUS vice-president Kamala Harris has now secured enough delegates to replace Joe Biden as the Democratic party’s presidential candidate against Donald Trump in this year’s election.The question is how…
Vice President Kamala Harris is set to visit Wisconsin on Tuesday, making her first trip to a battleground state after taking control of the Democratic presidential nomination to challenge Donald Trump. Harris’ rally in Milwaukee opens a new phase in the 2024 race — one she previewed in a Monday…
Falls are now the leading cause of injury and death among older adults (65+) in the U.S. They are the cause of just under 75 deaths per day. Emergency medical services (EMS), most often accessed through 911 calls or by calls to a local fire department, report that 17% of…
Mortgage rates are down for the third straight week, remaining in the high-6% territory. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage ticked down to 6.87% this week from 6.95% last week. The average rate on a 30-year loan…
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