Democratic presidential candidate, former Vice President Joe Biden speaks in Philadelphia, DC USA June 2, 2020. (Shutterstock) By Anya Kamenetz, NPR President-elect Joe Biden has affirmed his support for erasing some student debt “immediately.” Student debt forgiveness was a major campaign plank of some of his more progressive rivals for
By Anneken Tappe, CNN Business New York (CNN Business) – Low interest rates have helped fuel a boom in the US housing market: Last quarter Americans’ mortgage debt climbed to a record high of nearly $10 trillion, the Federal Reserve Bank of New York reported Tuesday. Homebuyers are leveraging the near-constant new lows
By Justine Coleman, The Hill About 300 companies that received up to $500 million in Paycheck Protection Program funding have filed for bankruptcy, The Wall Street Journal reported Tuesday. The Journal analyzed government data and court filings from the biggest borrowers in the PPP program to determine the statistic but
