Economy News

Libraries want you to know that you can come hang out and socialize. It's the original co-working space — and it's free.

A judge approved a settlement last year that gave 260,000 student-loan borrowers debt relief. Advocates worry MOHELA is not handling it properly.

CreditNinja, a broker which has given loans with interest rates as high as 447%, believes the SBA should have forgiven their pandemic-era PPP loan.

Politico obtained a letter from a bipartisan group of lawmakers pushing to permanently end the government shutdown debates.

Mayor Eric Adams said the housing policy reforms would "finally end exclusionary zoning, cut red tape, and transform our city from the ground up."

The Fed's unlikely to slash interest rates when inflation remains elevated and the economy's in good shape, Bridgewater's Karen Karniol-Tambour said.

Republicans are in disarray, and some members are willing to reach across the aisle to keep the government open.

Janet Yellen signaled her support for a plan to tax profits made on frozen Russian assets on Wednesday, according to Bloomberg.

Sens. Bob Menendez and Elizabeth Warren were among lawmakers concerned with student-loan company MOHELA's delays in processing PSLF for borrowers.

​The inclusion of select Indian government securities into JP Morgan’s emerging market indices is a big deal. Indian government bonds could enter other global indices like the Bloomberg Global Aggregate Index and FTSE, attracting capital flows of another $27 bn. India could notify additional bond series for long-term debt capital to fund infrastructure and development needs.

If the government shuts down next week, Americans could see Social Security checks delayed, parks closed, and flights disrupted.

The "Swiftposium" aims to discuss the implications of Swift's impact on gender, the economy, and mental health, per the organizers' website.

The Indian Finance Ministry on Friday exuded confidence that the country will achieve 6.5% growth in FY24 on the back of improved corporate profitability, private capital formation and bank credit growth, notwithstanding the risks of rising crude oil prices and monsoon deficit. Flagging certain risks like steadily climbing crude oil prices in the global market, impact of monsoon deficit in August on Kharif and Rabi crops, the review said, "that needs to be assessed."

Extreme weather is costing all of us money in ways we don't always see. Heat illnesses, drought, deep freezes, and floods: It's adding up.

Some cities in China have resorted to handing out fines for serving cucumbers and skipping some bills as they attempt to square their finances.

Extreme weather, poorer health, and lower productivity are all costs of the climate crisis. Yet it can be an opportunity to build resiliency.

Flooding is the most frequent and costliest type of natural disaster in the US. A changing climate is expected to make these inundations more common.

Texas leads the US in extreme weather. Dale Murden, who grows citrus and raises cattle, faced a hurricane and a freeze. It's made his work harder.

Russian inflation could hit 5.6% this month, the nation's own economists forecasted.

The Federal Reserve underestimated the dot-com and housing bubbles, the financial crisis, and the current bout of inflation, David Rosenberg said.

Deloitte found many hybrid workers are happy with their jobs, but a higher share are feeling stressed or burned out than those who are always remote.

Baby boomers' stocks and houses gained value for years due to low interest rates, and now they can earn 5% from Treasury bills, Larry McDonald said.