Biden’s student-loan forgiveness is at risk. It may have helped stop a ‘red tsunami’ as Gen Z flocked to the polls to save their relief.

George Washington University student Kai Nilsen and other student loan debt activists rally outside the White House a day after President Biden announced a plan that would cancel $10,000 in student loan debt for those making less than $125,000 a year in Washington, DC, on August 25, 2022. Photo by Craig Hudson for The Washington…

There’s a 55% chance of a recession in 2023, chief economist says – but inflation data will determine if the Fed stays aggressive and sparks a downturn

Traders gather on the floor of the New York Stock Exchange, Friday, March 18, 2016. Associated Press/Richard Drew CPI data publishes on Thursday, and it will hold key implications for how aggressive the Federal Reserve is with interest rates moving forward.  One economist said he’s expecting inflation to ease slightly, which could lead the Fed…

The typical first-time homebuyer in America is older than ever before and overwhelmingly white — plus, sky-high prices and grueling rates mean that there are fewer than ever before

Home for sale. Joe Raedle / Getty Images The typical first-time homebuyer is 36, white, and partnered, the NAR found.These buyers represent the smallest share of the market in more than 40 years.This is largely due to worsened affordability and a dearth of supply. Soaring home prices earlier in the pandemic were especially harmful to…

FTX faces federal probes on handling of client funds as asset shortfall could top $6 billion, report says

Sam Bankman-Fried, founder and CEO of crypto exchange FTX. FTX Official/YouTube FTX is facing down federal probes, which began months ago, into how it handled client funds, sources told Bloomberg.  Both the Securities and Exchange Commission and the Commodity Futures Trading Commission are looking into the trading platform.  Binance is re-evaluating its takeover of FTX…

Low-cost startup airline Breeze is launching 2 new routes from Southern California

Breeze aircraft at Las Vegas. Breeze Airways Breeze is launching its 100th route, a new transcontinental flight from California to Florida. Breeze plans to expand service at the slot-constrained John Wayne Airport in Orange County, California. Mickey Mouse fans looking to hit both Disneyland and Disney World on the same day will now have a…

Musk ‘killed’ Twitter’s official checkmarks after only a few hours

So much for a smooth rollout of Twitter’s “official” verification badges. Elon Musk claims he “just killed” the deployment hours after it began. The gray checkmarks have vanished from those accounts that only just got them, including Engadget’s and The New York Times. With that said, this isn’t necessarily a complete about-face. Twitter VP Esther…

Spotify’s redesigned Apple Watch app feels less like an afterthought

Spotify is giving its Apple Watch users some love, adding UI and playback upgrades that more closely align with the familiar experience from larger screens. In an update that starts rolling out today, watchOS users will see a beefed-up Your Library view with more in-depth music controls and the ability to download playlists without going…