thefintech
Blogs

Biden’s Student Loan Forgiveness Plan to Cancel Up to $20,000 in Debt for Millions


25th AUG, 2022

Tens of millions of Americans will have up to $20,000 in federal student loan debt forgiven by President Biden, a move that would offer borrowers unprecedented relief but is guaranteed to face legal challenges and political backlash. The president said Wednesday that he will forgive $10,000 in federal student loan debt for borrowers earning less

thefintech
Blogs

GLOBAL MARKETS-Asia stocks wobble as focus turns to U.S. inflation data, Fed outlook


9th AUG, 2022

Financial markets were concerned about ongoing global cost pressures on Tuesday, which led to a decline in Asian shares. This week, investors will be paying attention to U.S. inflation data and the possibility of further aggressive Federal Reserve rate hikes. The July U.S. consumer price report is coming on Wednesday, and the surprisingly positive U.S.