Meet a Republican who would have all $10,000 of his student loans canceled under Biden’s plan but thinks it’s an unfair policy

Student-loan borrowers and the Too Much Talent Band at a gathering outside the White House on January 13. Paul Morigi/Getty Images for We, The 45 Million Millions of borrowers are waiting to see whether their student-loan relief will go through. Matthew, a 28-year-old Republican, would see his loans relieved but doesn’t expect it to happen….

The stock market has another 8% to climb in 2022 as a resilient economy will buck expectations for either a hard or a soft landing, veteran strategist Ed Yardeni says

Ed Yardeni, president and chief investment strategist of Yardeni Research, on April 30, 2015 Adam Jeffery/CNBC/NBCU/Getty Images The stock market could surge another 8% before year-end as the economy proves resilient, according to Ed Yardeni.Yardeni said strong consumers could prevent the economy from experiencing any “landing” at all.“The consumer just didn’t get the recession memo…

Iranian drone advisers who were helping Russia bombard Ukraine were killed in Crimea, Kyiv official says

A Russian drone, considered by Ukrainian authorities to be an Iranian-made Shahed-136, over Kyiv on October 17, 2022. REUTERS/Roman Petushkov Ukraine killed Iranians who were in Crimea to advise Russians on how to use Iranian-made drones. Ukraine’s top security official confirmed previous Israeli reports that Iranians had been killed. Iran initially denied sending the drones…

Elon Musk says Stephen King is ‘one of most creative people on Earth’ despite the author calling him a ‘terrible fit’ for Twitter

Elon Musk and Stephen King have complimented each other on Twitter. Getty Images Elon Musk tweeted on Sunday that Stephen King is “one of the most creative people on Earth.” It followed King’s tweet commending Musk’s Tesla work but calling him a “terrible fit” for Twitter. Musk went on to tweet he would welcome suggestions…

The stock market in 2023 will have less pain but no gains as companies see anemic earnings growth, Goldman Sachs says

REUTERS/Brendan McDermid Poor earnings growth will stretch into 2023, meaning investors should prepare for a year with no gains, Goldman Sachs said. That’s because high interest rates will continue to weigh on corporate earnings well into next year.  If the economy sees a soft landing, earnings will be flat and the S&P 500 will decline…

Inside Amazon’s Alexa unit, once considered to key to the company’s future but now facing heavy layoffs

Hi, I’m Matt Turner, the editor in chief of business at Insider. Welcome back to Insider Weekly. For all our readers in the US, I hope you had a lovely and relaxing Thanksgiving. Let’s get right to our top reads of the week. On the agenda today: Amazon is gutting Alexa — and employees describe…