Economy News

The American Association of University Women found female borrowers held $31,276 in student debt on average after graduation.

The two law firms suing have asked for a preliminary injunction as the case proceeds, which would give benefits to Indiana residents in the interim.

PwC's "The New Equation" plan includes a commitment to training 25,000 Black and Latinx students, and hiring 10,000 of them.

The to-do list for Biden's administration includes climate and equity measures as well as student-loan forgiveness, but details aren't there yet.

Sales fell 1.3% to $620 billion as Americans settled into a new normal with their spending habits. Spending still sits 28% higher year-over-year.

Firms are scrambling to attract workers with higher pay and various incentives. Employed Americans, meanwhile, are getting the short end of the stick.

The only thing holding back the expiration of a national eviction moratorium is COVID. But people are getting evicted anyway in low-vaccine areas.

The Group of 7 summit yielded a historic tax agreement that, if enacted, could yield billions for governments around the world.

Manhattan lease signings just hit a record high - many for long terms and steep discounts. It means rentals are hurting but NYC is recovering fast.

Biden campaigned on reforming the Public Service Loan Forgiveness (PSLF) program, but new data show 98% of borrowers are still being denied.

The World Bank sees the US recovery outpacing its peers' through 2023. Stronger inflation is a byproduct of that huge economic boom, JPMorgan said.

Nancy Pelosi signaled she is unwilling to strike a deal with Republicans if it means substantially cutting the size of the package.

The Tax Policy Center found Biden's budget proposes families with children getting a $3,200 tax cut in 2022, largely thanks to the child tax credit.

So far, 25 states have opted out of federal unemployment benefits early. All of them are led by Republicans.

Americans' perceived chance of finding a new job hit 54% in May from 49.8%, the largest-ever monthly jump and the highest point since February 2020.

The forecasts are based on India Exim Bank's Export Leading Index (ELI) model, which has shown an upward movement during the same quarter.

Biden has yet to fulfill his promise to cancel $10,000 in student debt. Many millennials banked on him to absolve one of their biggest burdens.

Yes, wages have gone up in 2021- but they're still comparatively low. Raising them across the board could help get workers back in jobs.

Some are even giving free food and a $50 payment to applicants just for turning up for interviews as companies scramble for new staff.

Though Florida and Texas famously have no personal-income tax, they still have to generate state revenue - so they hike up other types of tax.

"On a big infrastructure bill, to pass on climate altogether? No way," one top Democrat told Insider.

The cuts in Mississippi, Missouri, Alaska, and Iowa yanks aid from 340,000 workers. More GOP states are following suit in the next two months.