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Ayelet Sheffey
16 Aug 2022, 03:19

The CEO of a major student-loan company says 'it's hard for us to believe' Biden won't extend the debt payment pause 'given where we are in the calendar'

The CEO of a major student-loan company says 'it's hard for us to believe' Biden won't extend the debt payment pause 'given where we are in the calendar'

The CEO of a major student-loan company says 'it's hard for us to believe' Biden won't extend the debt payment pause 'given where we are in the calendar'

Biden has not given an update on whether student-loan payments will resume, but Navient's CEO said an extension is likely during a July earnings call.

Inflation has slammed Americans' wallets at the grocery store — but restaurants could be a surprising winner
Jason Lalljee,Madison Hoff
16 Aug 2022, 01:20

Inflation has slammed Americans' wallets at the grocery store — but restaurants could be a surprising winner

The inflationary gap between restaurants and grocery stores hasn't been this large since the 1970s. Restaurant chains say that coupon cutting is up.

Biden's Education Department took an 'enormous step' toward helping student-loan borrowers who have been shut out of debt relief, 23 Democratic senators say
Ayelet Sheffey
16 Aug 2022, 00:19

Biden's Education Department took an 'enormous step' toward helping student-loan borrowers who have been shut out of debt relief, 23 Democratic senators say

Lawmakers including Elizabeth Warren and Chuck Schumer urged the department to "provide as much relief as possible" to student-loan borrowers.