Monthly Archives: July 2022

A student-loan forgiveness program was ‘run by greedy loan servicers’ under Betsy DeVos, Elizabeth Warren says — and Biden can fix ‘the mess’ by canceling debt

Sen. Elizabeth Warren (D-MA). Drew Angerer/Getty Images Sen. Warren slammed Betsy DeVos’ handling of a student-loan forgiveness program for public servants. She said the best first step Biden can take to fixing growing debt burdens is canceling it. When Biden took office, 98% of public servants were being denied relief to the program. Massachusetts Sen….

MBS smirks when asked by reporter during meeting with Biden if he’d apologize to Jamal Khashoggi’s family

Saudi Crown Prince Mohammed bin Salman arrives at Kansai airport in Izumisano city, Osaka prefecture, on June 27, 2019 ahead of the G20 Osaka Summit. Charly Triballeau MBS smirked when asked if he would apologize to Khashoggi’s family, according to multiple reports. The Saudi leader met with Biden in Saudi Arabia on Friday. Biden has…

Real interest rates represent the actual cost of a loan or returns on savings after inflation

Knowing the real interest rate on a savings account is key to preserving your purchasing power. Chuck Savage/Getty The real interest rate accounts for the impact of inflation on the cost of loans and returns on savings.  It is calculated by subtracting the inflation rate from the nominal interest rate. If inflation levels exceed the…

Regular portfolio rebalancing is key to keeping your investment strategy on track. Here’s how to do it

Failing to rebalance your portfolio becomes increasingly perilous as you get closer to retirement. AlexanderFord/Getty To properly balance a portfolio the first step is to understand your investing goals and appetite for risk. When rebalancing, it’s important to consider all your accounts and the tax implications. You should monitor your portfolio for imbalance at least…

Democrats pummel Joe Manchin for dealing a serious blow to Biden’s climate agenda: ‘It’s infuriating’

Sen. Joe Manchin, D-W. Va. Bill Clark/CQ-Roll Call, Inc via Getty Images Democrats are lighting up Manchin after he moved to obstruct their climate agenda. One Senate Democrat “questioned” whether Manchin should chair a key energy panel. Manchin maintains he’s open to cut a deal on a climate bill later without committing. Some fellow Senate…

Twitter and Elon Musk have their first court hearing on July 19th

Twitter won’t have to wait long to take Elon Musk to court, in a limited fashion. Reutersreports that Delaware Court of Chancery chancellor Kathaleen McCormick has scheduled the first hearing for Twitter’s lawsuits on July 19th at 11AM Eastern. The 90-minute session will have a judge hear arguments relating to Twitter’s request for a September…

Which sports smartwatch should you buy to keep up with your workouts?

Whether you run every day or are just starting with fitness, a good sports smartwatch enhances your workouts. Like dedicated sports computers for your wrist, these gadgets use sensors that track everything from your heart rate to your readiness for the day—but you knew that already. Which sports smartwatch should you buy? Check these out….