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James Lemons was carrying daughter Kensley on his shoulders at the Kansas City Chiefs Super Bowl parade when he felt a bullet enter the back of his right thigh. In the chaos of being shot at the Kansas City Chiefs Super Bowl parade, then hospitalized, Sarai Holguin lost her purse and cellphone. In the chaos of being shot at the Kansas City Chiefs Super Bowl parade, then hospitalized, Sarai Holguin lost her purse and cellphone. A bullet went through the jaw of Mireya Nelson during the Kansas City Chiefs Super Bowl parade on Feb. 14, 2024. Erika NelsonMireya Nelson, who was shot during the Kansas City Chiefs Super Bowl parade on Feb. 14, 2024, undergoes her first physical therapy session while still in the hospital.

Persons: James Lemons, Sarai Holguin, Mireya Nelson, it’s, ” Lemons, Nelson, Lemons, Kensley, Detectives, ”, —, Jaxson, “ I’m, Brandie, I’m, “ I’ve, I’ll, Leslie Carto, Brendan Campbell, Campbell, Louis, ” Punch, Bram Sable, “, They’ve, ’ Sarai Holguin, Holguin, she’d, Cesar, Christopher Smith, Lisa Lopez, Galvan, Lopez, didn’t, ” Holguin, “ It’s, ” Campbell, Holguin isn’t, Erika, Mireya, ” Mireya, ” Erika, aren’t, Punch, Erika Nelson Mireya Nelson, Erika Nelson Mireya, ’, Dr, Sanjay Gupta, Erika doesn’t Organizations: CNN, Kansas City Chiefs Super, Chiefs, University Health, ” University Health, Surgeons, Connecticut Children’s, Control, American College of Surgeons, Trauma, KFF, Union, KFF Health, Mexican Consulate, Centers for Disease Control, Get CNN, CNN Health, KC Locations: Mexico, U.S, Holguin, Harrisonville , Missouri, Kansas City, Connecticut, St, Puebla, Missouri, Mexican, Jackson, Belton , Missouri, downtown, KCUR

☆ Organized retail theft ring that targeted Macy's, other retailers is charged in New York
▼ + stars: | 2024-05-08 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

The Macy's logo is seen at its store in Herald Square in New York City on Jan. 19, 2024. "Through our investigation, we found that Rehana's Cosmetics was well-known to shoplifters, who would willingly bring them stolen items," Bragg said. Manhattan District Attorney Alvin Bragg announced an indictment relating to more than $1 million in stolen goods as part of a retail theft fencing operation. The charges come as retailers such as Target and Ulta increasingly cite theft as a growing problem at their stores. In March, a monthslong CNBC investigation showed how police broke up an organized retail crime ring that stole millions in cosmetics from Ulta stores and resold them on Amazon .

Persons: shoplifters, Bragg, Rehana's, Alvin Bragg, Attorney Alvin Bragg Organizations: Empire, Manhattan, Attorney, CNBC, Attorney's Office, CVS, Manhattan District Locations: New York City, Midtown Manhattan, borough's, New York

☆ Cybertruck owner calls for trend of sticking body parts in the frunk to end after his finger wound up in a splint
▼ + stars: | 2024-05-08 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

A Tesla owner posted a video trying out the new Cybertruck frunk update by closing it on his finger. AdvertisementTesla owner Joseph Fay said the trend of sticking body parts in the Cyberfrunk frunk to test if it'll close on them needs to end, following an experiment that left his finger in a splint. Fay told BI he didn't go to the doctor after he hurt his finger, but he probably should have. Related stories"The first couple days, I couldn't move my finger at all and I had it in that splint," Fay told BI. The Cybertruck owner said he closed the frunk on multiple items off-camera before eventually trying his finger.

Persons: —, Tesla, Joseph Fay, Fay, frunk, I've, Jeremy Judkins, pinky, Judkins Organizations: Service, Business

☆ How Bloomberg Beta's James Cham finds the tech founders making a 'dent in the universe'
▼ + stars: | 2024-05-06 | by ( Ben Bergman | ) www.businessinsider.com time to read: +4 min

Cham ended up writing one of the first checks to Weights & Biases after he was convinced Biewald fulfilled his lofty criteria for backing founders. "I am looking for people who are trying to make a dent in the universe," Cham said. Instead of asking founders how they plan to make that dent, Cham prefers to spend lots of time observing them to see what makes them tick. Cham began making his own dent in the world after majoring in computer science at Harvard and becoming a consultant at Accenture. "The reality that the money that we make goes towards Bloomberg Philanthropies is something founders oftentimes find appealing," Cham said.

Persons: James Cham, Lukas Biewald, Cham, Biewald, Jeff Lawson, It's, Bloomberg Philanthropies, who've, James, Shreya Rajpal, who's, Rajpal Organizations: Bloomberg Beta, Business, Harvard, Accenture, Massachusetts Institute of Technology, Bessemer Venture Partners, Trinity Ventures, Bloomberg

☆ Tesla's 'apocalypse-proof' Cybertruck thwarted by sand, snow, and regulator recalls
▼ + stars: | 2024-05-06 | by ( Camilo Fonseca | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

This story is available exclusively to Business Insider subscribers. AdvertisementBut on May 2, a tourist on Nantucket found their Cybertruck trapped in the sand, requiring a tow truck to free it. According to the tow operator, the driver made one crucial error: He forgot to let air out of the tires. The tow operator said the safe spot for beach driving is between 18 and 22 psi. Representatives for Tesla did not immediately respond to a request for comment from Business Insider.

Persons: —, hasn't, Elon Musk, Tesla, who've, There's, Marques Brownlee, Michael Brooks, Myles Russell Organizations: Service, Business, Traffic, NHTSA, Center for Auto Safety Locations: Nantucket, Canadian

☆ A YouTuber let the Cybertruck frunk close on his finger to test the new sensor update. It didn't go well.
▼ + stars: | 2024-05-03 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

A YouTuber tested if Tesla's Cybertruck update makes the frunk safer by closing it on his finger. The frunk update worked well on various produce, but closed on his finger, leaving a mark. So YouTuber Jeremy Judkins tested out whether the update actually makes the frunk safer by closing the frunk on a carrot, cucumber, banana — and eventually his finger. The frunk closed on his finger and left it shaking, with a dent, and what looked like a small cut or skin tear. AdvertisementJudkins said that after the finger test, a lead cybertruck engineer at Tesla said he did the video wrong.

Persons: Tesla, —, Jeremy Judkins, YouTuber, Judkins, It's Organizations: Service

☆ Trump gives his strongman’s ambitions free rein on a day off from court
▼ + stars: | 2024-05-01 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —Donald Trump used his day off from a criminal trial related to a past election to cast a dark, familiar shadow over the next one. Trump cut an unrecognizable figure from the grim ex-president who bleats a daily dirge of complaints about his hush money trial outside Judge Juan Merchan’s court. On specific issues, surveys show Trump leading Biden on most issues including the economy, immigration, and the Israel-Hamas war. “A chilling glimpse into Trump’s second term plansSix months before the election, Trump’s searing campaign rhetoric is becoming less an exercise in performative demagoguery than a blueprint for a potential second term. In the Time interview, Trump comes across as confident and determined to learn the lessons of his first term in which he claims he was let down by “bad” officials.

Persons: Donald Trump, Joe Biden, ”, Trump, bleats, Juan Merchan’s, ” Trump, he’s, Merchan, Joe Biden’s, Biden, Kamala Harris, Roe, Wade, David Axelrod, Barack Obama, Axelrod, CNN’s Erin Burnett, “, Trump’s, doesn’t, he’d, It’s, Eric Cortellessa, ” He’s, quagmire, it’s Organizations: CNN, Milwaukee Journal Sentinel, Capitol, shudder, White, Democratic Party, “, Columbia University, Trump, National Guard, Guard, Republican, ’, ” Locations: Wisconsin, Michigan, Manhattan, America, crackdowns, “, “ New York, North Carolina, Israel, Florida, Freeland , Michigan, Washington, China

☆ Gold retreats as dampened Fed rate cut hopes dent appeal
▼ + stars: | 2024-04-29 | by ( ) www.cnbc.com time to read: +2 min

One kilo gold bars are pictured at the plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Gold prices slipped on Monday as hopes for early interest rate cuts this year dampened, while focus shifted to the Federal Reserve policy meeting and U.S. non-farm payrolls data due this week for further clarity on monetary policy. "Short term, gold is facing some challenges given the likely delayed timeline for rate cuts. The Federal Reserve's policy meeting from April 30-May 1 and the non-farm payrolls data due on Friday are key for markets this week. The Fed is seen holding its benchmark interest rate steady at 5.25%-to-5.5% at this meeting.

Persons: Tim Waterer, Jerome Powell, Waterer Organizations: Federal Reserve, KCM Trade, Investors, People's Bank of, Citi Locations: Mendrisio, Switzerland, People's Bank of China

☆ The US relationship with China is entering a dangerous era. Time may be running out to save it.
▼ + stars: | 2024-04-26 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

There was a risk, he said, that US-China relations could "return to a downward spiral." As such, the US-China relationship appears to have entered a dangerous period, and time may be running out to save it. The US has handed Ukraine billions in aid and military support to resist the invasion, with a new $61 billion bill passing this week. AdvertisementBlinken said he raised concerns about China's support for Russia in its invasion of Ukraine. Blinken will have to overcome several hurdles for US-China relations to improve.

Persons: —, Antony Blinken's, Xi Jinping, Wang Yi, Xi, Joe Biden, Ali Wyne, Wang, Blinken, Ian Bremmer Organizations: Service, Business, US, West, International Crisis, Russia, Eurasia Group, Bloomberg Locations: China, Ukraine, loggerheads, Taiwan, Washington, Beijing, US, Western Europe, Russia

☆ India’s farmers are up in arms again. Will it hurt Modi’s reelection campaign?
▼ + stars: | 2024-04-26 | by ( Vinay Dwivedi | ) www.cnbc.com time to read: +5 min

Narinder Nanu | AFP | Getty ImagesNEW DELHI — Farmers in India's Punjab state are raising the pitch of their ongoing protests, as the second phase of India's general elections starts Friday. Thousands of farmers continue to drum up support for their demands, foremost being a legal guarantee for minimum support prices for their produce. A Lokniti-CSDS survey earlier this month showed 59% of the respondents found the farmers' demands "genuine," while 16% deemed the protests a "conspiracy" against the government. CNBC did not immediately receive a response from India's Agriculture Ministry on queries pertaining to the farmers' demands. What India's farmers want

Persons: Narinder Nanu, Narendra Modi, Modi, Yogendra Yadav, Sanjay Kumar, Modi's, Kumar, it's, Jagjit Singh, Ayyakannu, Dallewal Organizations: AFP, Getty, DELHI — Farmers, Bharatiya Janata Party, BJP, Modi's BJP, CNBC, India's Agriculture, Tamil Nadu, Morcha Locations: Amritsar, DELHI, India's Punjab, Punjab, Khanauri, Haryana, India, New Delhi, Delhi, Tamil, Varanasi, Tamil Nadu, Varansai, Uttar Pradesh, Samyukta

☆ Bank of America lays out the exact scenario that could finally pop the stock market's AI bubble
▼ + stars: | 2024-04-26 | by ( Joe Ciolli | Filip De Mott | ) www.businessinsider.com time to read: +3 min

Bank of America says the ongoing "anything but bonds" bull market has led to a very top-heavy stock market. The firm is watching real 10-year yields and credit spreads for signals of when that AI-led rally could end. BofA says higher yields and tighter spreads could sound recession alarms and spur a stock sell-off. The key piece is the cohort of mega-cap tech companies that have long dominated stock-market performance, largely because of their affiliation with AI. In the meantime, if you subscribe to BofA's view, you should be watching the 10-year real yield for a signal of when any such downturn is coming.

Persons: BofA, —, YCharts There's Organizations: of America, Service, Bank of America, Apple, Nvidia, Microsoft

☆ 'A billionaire can be a cheapskate': The difference between frugal and cheap, according to an etiquette expert
▼ + stars: | 2024-04-25 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

Someone who could afford first-class seats but elects to save money by flying coach, for instance, is merely being cost-conscious, Farley says. "It's a very fine line," says Thomas Farley, an etiquette expert and keynote speaker known as Mister Manners. "Obviously, cheapskate is pejorative for I think 100% of the population, whereas frugality is definitely considered a virtue." But if you're coming across as cheap to other people, you're likely breaching the rules of good etiquette. Read the roomTo avoid looking cheap around your friends, it's important to take the temperature of how they usually behave with money, Farley says.

Persons: Farley, Thomas Farley, Mister Manners, laud, That's, you'll, we're Organizations: laud savers, CNBC

☆ The US is under pressure to lead the way in reducing plastic pollution — but it keeps making more of it
▼ + stars: | 2024-04-25 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

World leaders are gathering in Ottawa, Ontario, this week to hash out a global treaty to end plastic pollution. This story is available exclusively to Business Insider subscribers. AdvertisementHundreds of businesses and countries support cutting plastic production. Lin represents the Business Coalition for a Global Plastics Treaty, which includes more than 200 companies. Cutting plastic production would also hit the bottom line of oil majors such as Exxon.

Persons: Carroll Muffett, Jose Fernandez, Biden, Allison Lin, Lin, Stewart Harris, Harris, Neil Nathan, Nathan, He's Organizations: Service, Business, Center for International Environmental Law, Organization for Economic Co, Lawrence Berkeley National Laboratory, State Department, Mars Inc, Business Coalition, Global Plastics, Walmart, PepsiCo, International Council of Chemical Association, Oxford Economics, Exxon, The International Energy Agency, UC Santa Barbara, US Locations: Ottawa , Ontario, Russia, Iran, Saudi Arabia, Washington, DC, Paris, Ottawa, Belgium

☆ Gen Xer Got $250K in Student Loans Forgiven After Decades of Payments
▼ + stars: | 2024-04-21 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Joel Lambdin finished graduate school in 1998 — but as a professional musician, he was hardly making enough money to pay off his student loans and his other bills. So Lambdin, now 49, said his only option to make ends meet was to put his student loans on forbearance — in which he was not making payments, but interest was still accumulating. But he grew to realize that the only way he could make a significant dent in his student loans was by switching careers. The Biden-Harris Administration has forgiven your federal student loan(s) listed below with Aidvantage in full." When it comes to student-loan forgiveness, some borrowers told BI that their servicer made a mistake with the forgiveness, reinstating their payments months later.

Persons: Joel Lambdin, Lambdin, Aidvantage, Harris, I've, servicers, he's Organizations: Service, Business, Public, BI, Harris Administration, Education Department, The Education Department Locations: forbearance, India

☆ How a millennial Lyft driver used the gig to travel to all 50 states, launch a food blog, and get started on a book
▼ + stars: | 2024-04-20 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Kreskin J. Torres, a Lyft driver, has traveled across all 50 states, documenting his dining experiences. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementKreskin J. Torres, 35, has eaten his way through all 50 states — including Alaska and Hawaii. Learning the most profitable places and times to driveTorres noticed he would get more profitable rides driving around suburbs, airports, and sports stadiums, locations coveted by drivers as they get more tips and sometimes elevated fares. He learned New Year's will always be profitable, though rides slow down around February before picking up in mid-March.

Persons: Kreskin J, Torres, —, Kreskin, Foodie, he's, I've, what's, that's Torres, Uber, huckleberry swirls, Xing Xing, Year's, It's, He's Organizations: Service, Army, Baltimore, Wichita ., Uber, Android, Apple Locations: Alaska, Hawaii, Minneapolis, San Antonio, Austin, tacos, Arizona, Arkansas, Montana, Jackson , Mississippi, Holcomb , Missouri, Wichita

They used to call this waterlogged city the Most Serene Republic, but there is nothing serenissima about the opening days of the Venice Biennale. The world’s longest-running and most extravagant festival of contemporary art opens to the public on Saturday after a preview biathlon of fine art and financial profligacy that has grown more hectic than ever. You exchange tips on shows not to miss. You judge, you gossip, you wash it all down with Prosecco. Have you seen the Uzbekistan pavilion?

Organizations: Venice Biennale, Prosecco Locations: Serene, Venice, Uzbekistan

CNBC Pro screened for stocks that are already trending downward to determine which stocks might fall further. According to analysts' consensus price targets, these stocks have an estimated downside of 5% or more, and all have a market capitalization of at least $2 billion. Here are the stocks that are already in a correction and still disliked on Wall Street. Shares have slumped 21.5% since May 2023 and — based on analysts' consensus price target — are estimated to decline another 29.1%. Other stocks already in a correction and vulnerable to additional declines include Palantir Technologies , Dillard's , MGE Energy , GameStop and Advance Auto Parts .

Persons: CNBC's David Faber Organizations: Dow Jones, Nasdaq, CNBC Pro, Bank of, FactSet, Fed, Silicon Valley Bank, Regional Banking ETF, CBS, Paramount Global, Skydance Media, Paramount, Palantir Technologies, MGE Energy, GameStop, Advance Locations: Bank of Hawaii, Silicon, Bank

Although Leslie has been chipping away at her student loan debt for about 15 years, she says it's been worth it in order to pursue her passion. Leslie used her DoorDash side hustle to help pay down her student loan debt. Leslie used her early DoorDash earnings to eliminate her car loan, then began throwing the rest at her remaining student loan balance. "It was really important that I got a lot of my student loan debt taken care of because then I was able to dedicate that back into myself and my health and my mental wellness," she says. Working toward a debt-free futureAlthough Leslie says her student loan debt is at a more manageable level, she plans to continue working part-time as a DoorDash delivery driver for now.

Persons: Shonnita Leslie, Leslie, it's, It's, Roth, she'll Organizations: CNBC, Public, Fi Insurance, Hulu, Roth IRA Locations: Connecticut, Houston , Texas, Houston, Leslie's, Texas, DoorDash

☆ Here's what Mark Cuban's $275.9 million in taxes would cover for the US government
▼ + stars: | 2024-04-16 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

And yes, we know Cuban's tax bill won't go directly to paying for these programs, but for the sake of context, here's what his taxes could have funded. Cuban's $275.9 million contribution to the US government could fully back the department with nearly half still left over. Cuban's million could easily cover congressional paychecks and even account for President Joe Biden's $400,000 salary and Vice President Kamala Harris' $235,100 salary. So, Cuban's $275.9 million wouldn't quite be able to cover the potential three-hour DOD cost at $291,095,890.41. While $275.9 million might not seem like it would make a dent in that astronomical number, every little bit helps!

Persons: Mark Cuban, Donald Trump, —, Joe Biden, Jill Biden, Joe Biden's, Kamala Harris, It's Organizations: Service, Trump, Business, Government, Fund, NTSB, Transportation Safety Board, Transportation, DOD, Department of Defense, CNBC

☆ If you're worried about a correction and over-invested in Nvidia, replace it with these steady growth stocks instead
▼ + stars: | 2024-04-16 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Investors who are concerned they're overexposed to Nvidia could replace the name with these steady growth stocks instead, according to Trivariate Research's Adam Parker. "If NVDA reports that demand is still robust as far as the eye can see, owning AI-exposed semiconductors remains prudent," Parker said. "For those looking to hedge their aggressive AI-semiconductor bets, this group appears prudent," Parker wrote. Berkshire Hathaway surfaced as a large cap growth stock with low correlation to Nvidia , that's also able to beat the market. Charles Schwab was another large cap growth stock with low correlation to Nvidia.

Persons: Trivariate Research's Adam Parker, Parker, Berkshire Hathaway, that's, Eli Lilly, Charles Schwab Organizations: Nvidia, Citi, Waste Management, Emerson Locations: Berkshire

☆ Trump Media Stock Plunges, Extending Recent Losses
▼ + stars: | 2024-04-15 | by ( Matthew Goldstein | Joe Rennison | ) www.nytimes.com time to read: +1 min

Shares of former President Donald J. Trump’s social media company plunged on Monday after the company filed to register the potential sale of tens of millions of additional shares. Trump Media & Technology’s stock fell 18 percent, erasing hundreds of millions of dollars from the company’s market value — and putting a dent in Mr. Trump’s majority stake, worth more than $3 billion. Since a surge in its first days of trading as Trump Media, which lifted the value of the company to about $8 billion at one point last month, the company’s shares have dropped by more than 50 percent. Trump Media was expected to register the potential sale of new shares after the completion of its merger last month with Digital World Acquisition Corp., a cash-rich shell company known as a SPAC. When a SPAC goes public, it issues warrants to investors that can later be converted into shares.

Persons: Donald J Organizations: Trump Media, Companies, Truth

☆ Humane's AI Pin got trashed by a YouTuber, and it sparked a firestorm over whether that's fair
▼ + stars: | 2024-04-15 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

YouTube tech reviewer Marques Brownlee gave a scathing review of Humane's new AI pin. Some X users said Brownlee's review would mark a death knell for the company. AdvertisementIn his review, Brownlee applauded the build and craftsmanship of the device. AdvertisementIn another viral tweet, however, the user Daniel Vassallo called Brownlee's review "distasteful" and "almost unethical" given his huge following. Vassallo told Business Insider he wasn't defending Humane and actually thought the substance of Brownlee's review was "fair and balanced."

Persons: Marques Brownlee, —, Brownlee, Sam Sheffer, Humane's, Daniel Vassallo, Vassallo, MKBHD, Alex Finn, Alex Kehr Organizations: YouTube, Service

☆ Trump stock tanks after issuing tens of millions new shares
▼ + stars: | 2024-04-15 | by ( David Goldman | Krystal Hur | ) edition.cnn.com time to read: +4 min

New York CNN —Trump Media & Technology Group’s stock is tumbling again after the company announced a massive new influx of shares. The stock had rocketed higher in recent months in anticipation of merging a blank-check acquisition company with Trump’s media business. Anyone who bought Trump Media at the closing high of $66.22 on March 27 has now lost more than half of their money. Why Trump Media stock is so volatileThere are a number of reasons behind the stock’s eye-popping swings. Unless he were to purchase stock in the new public offering, Trump would own just under half of the company’s publicly traded stock after it issues more shares.

Persons: New York CNN —, Donald Trump, Matthew Tuttle, ”, Tuttle, “, … You’ve, Trump, Donald J Organizations: New, New York CNN, New York CNN — Trump Media & Technology, Tuttle Capital Management, Trump, ”, Trump Media, Wall Locations: New York, “

☆ The Masters Has Only One Black Golfer. It Didn’t Have to Be This Way. - The New York Times
▼ + stars: | 2024-04-14 | by ( Peter May | ) www.nytimes.com time to read: +2 min

When the Masters Tournament commenced on Thursday, featuring 89 competitors, there was exactly one Black golfer in the field: the one we all know, Tiger Woods. Beyond that, the field for the 88th Masters didn’t look all that different from the previous 87. Sifford, who is often referred to as the Jackie Robinson of golf, became the first Black P.G.A. remains woefully inaccessible to Black golfers and has made only marginal and inadequate efforts to diversify its ranks. The P.G.A.’s tournaments and its professional golf shops needs to take concrete steps to look more like the America it purports to represent.

Persons: Tiger, Charles Sifford, Stanley Mosk, Jackie Robinson, Sifford, Lee Elder, Calvin Peete, Jim Dent, Jim Thorpe Organizations: Golfers ’ Association of America, Golf, Professional Golf Association, Division Locations: California, America, Black

☆ Student loan borrowers could have up to $20,000 in interest forgiven as early as this fall—here's who qualifies
▼ + stars: | 2024-04-12 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

Many student loan borrowers make payments on their loans for years without ever really putting a dent in them, due to interest that has accumulated and continues to grow. In response, President Joe Biden is taking steps to help student loan borrowers curb what his administration calls "runaway interest." As early as this fall, federal student loan borrowers could see excessive interest charges wiped off their debt, according to the Department of Education. The move is part of a broader student debt forgiveness plan that will soon be open for public comment before going into effect. Here's who may be eligible for forgiveness soon.

Persons: Joe Biden, Biden, James Kvaal, Kvaal, Here's Organizations: Department of Education, CNBC

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