The SBA can’t help business owners hit by Helene, Milton until Congress comes back post-election
Hurricane Helene caused record flooding and damage on September 28, 2024 in Asheville, North Carolina. Locally owned businesses in…
A major student-loan company is being punished for preventing over 460,000 borrowers from accessing cheaper monthly payments
Student-loan company MOHELA is being penalized over failure to process borrowers’ repayment applications. The Education Department notified student-loan company…
China’s retirement crisis is here, and Beijing will be forced to keep raising the retirement age, demographer says
People 60 years and older are expected to make up nearly half of China’s population by 2050, according to…
Russia confirms it’s going to make it more painful for companies to quit the country
Russian leader Vladimir Putin. Russia has confirmed it will make it more expensive for foreign companies to quit the…
Moscow will reportedly block sales of Western banks to Russian firms, leaving them with no exit
Western lenders stuck in wartime Russia will now have an even more difficult time exiting the nation. Russia’s government…
Bitcoin is on a tear as ‘crypto president’ Trump’s betting-market odds climb
Investors are getting excited by the prospect of getting a “crypto president” in Donald Trump, with the price of…
Gold is the ‘last safe haven’ as Treasurys face risks from soaring US debt, Bank of America says
Gold is increasingly attractive as other traditional “safe haven” assets face mounting risks, Bank of America strategists said. The…
60,000 student-loan borrowers in public service are getting $4.5 billion in debt cancellation while Biden’s broader relief remains blocked in court
President Joe Biden approved another batch of student-loan borrowers in public service for debt cancellation. Another batch of student-loan…
This tiny country is giving $2,000 to every household as an Exxon oil boom supercharges its economy
Guyana’s government is tapping its newfound oil wealth to give $2,000 to every household. The world’s fastest-growing economy is…
California’s economic growth is slipping behind Texas as the Lone Star state draws corporate HQs and people
Texas’ economy is growing faster than California’s. California may boast the top economy in the country, but Texas is…