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☆ Here's why Biden administration believes new student loan forgiveness plan will survive legal challenges
▼ + stars: | 2024-04-23 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

US President Joe Biden speaks about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. The aid package is narrowerBiden's 2020 campaign promise to erase student debt was thwarted at the Supreme Court in June. Biden had tried to forgive the debt of nearly all 40 million federal student loan borrowers, with many people getting up to $20,000 in cancellation. As a result, for critics of broad student loan forgiveness, Biden's new plan looks a great deal like his first. Biden's first forgiveness plan was based on the Higher Education Relief Opportunities for Students Act, or HEROES Act, of 2003.

Persons: Joe Biden, Andrew Caballero, Reynolds, Joe Biden's, Biden didn't, Biden, who've, Biden's, Andrew Bailey, X, Bailey, There's, didn't, John Roberts, Lyndon B, Johnson, Sen, Elizabeth Warren, Warren Organizations: Madison Area Technical College, AFP, Getty, U.S . Department of Education, Republican, Higher, Higher Education, Act, Biden, ., of Education Locations: Madison , Wisconsin, Missouri, . Nebraska

A solar energy company and a video game maker were highlighted by analysts Tuesday. Meanwhile, JPMorgan upgraded Roblox to overweight from neutral, and its new price target implies upside of more than 35%. — Pia Singh 5:43 a.m.: KeyBanc downgrades beaten-down solar stock Sunnova Energy Heading into first-quarter earnings, KeyBanc Capital Markets is cautious on residential solar names, particularly Sunnova Energy . Analyst Sophie Karp downgraded the Texas-based residential and commercial solar energy company to sector weight from overweight and removed her price target on the stock. It also raised its price target to $48 from $41, implying a 37% rally over the next 12 months.

Persons: KeyBanc, Oppenheimer, Dwight, Rupesh Parikh, Parikh, — Pia Singh, DataDog, Andrew Nowinski, Datadog, Nowinski, Yun Kim, Kim, MDB, KeyBanc downgrades, Sophie Karp, Karp, —, Cory Carpenter, Carpenter, Fred Imbert Organizations: CNBC, JPMorgan, Loop Capital, Sunnova Energy, NOVA, SolarEdge Technologies, Enphase Energy Locations: Sunnova, Parikh, Wells Fargo Wells, Texas, U.S

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Apple, Roblox, Tesla, Qualcomm, Disney & more
▼ + stars: | 2024-04-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: Loop initiates MongoDB as buy Loop sees growth accelerating for the developer data platform company. JPM reiterates General Motors and Ford as overweight JPMorgan said the stocks will benefit from "lower commodities & higher production outside China." JPMorgan upgrades Assai to overweight from neutral JPMorgan said it sees improving trends and better visibility for the Brazilian wholesaler. JPMorgan upgrades Roblox to overweight from neutral JPMorgan said it sees a "compelling entry point" for the stock. JPMorgan downgrades Five Below to neutral from overweight JPMorgan downgraded Five Below due to "ongoing macro pressure."

Persons: JPM, JPMorgan, KeyBanc, Wells, D.A, Davidson, Davidson's, Berenberg, Morgan Stanley, Harley, Evercore, it's bullish, it's, Tesla, Rosenblatt, Oppenheimer, Dwight, Key, Truist, Wolfe, Warner, Price Organizations: Motors, Ford, GM, Nvidia, MU, BMO, prem, NICE, JPMorgan, Barclays, Apple, Albertsons, Catalyst Watch, NOVA, Penn Entertainment, PENN, ESPN Bet, Benchmark, Qualcomm, Warner Brothers, Warner, HBO Locations: China, Texas, U.S

☆ Someone spiked the chowder with PCP on the set of 'Titanic' in 1996 — and we might finally find out how it happened
▼ + stars: | 2024-04-19 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +5 min

In 1996, 80 "Titanic" cast and crew members unknowingly ate PCP-laced chowder, sparking chaos. AdvertisementOn the last day of shooting in Canada, 80 people from the set of 'Titanic' were hospitalized after ingesting PCPA still from "Titanic." Director James Cameron told Vanity Fair he felt "suddenly and very distinctly woozy" after eating chowder provided by a local caterer — though the exact type of chowder is unknown. Related storiesCameron told Vanity Fair that, in his memory, cinematographer Caleb Deschanel (father of actors Zooey and Emily Deschanel) started a conga line down the hospital hallway. The Halifax Police Department investigated for over two years before closing the case in February 1999 due to a lack of suspects, Vanity Fair reported.

Persons: —, crew's, Tricia Ralph, Ralph, James Cameron, chowder, Cameron, Bill Paxton, Larry King, Paxton, Marilyn McAvoy, Caleb Deschanel, Zooey, Emily Deschanel, Leonardo DiCaprio, Kate Winslet, Anthony Wallace, McAvoy, Earle Scott, Scott, We'll Organizations: Nova Scotia, Service, Halifax police, Halifax Police Department, Guardian, Fox, The California, Emergency Medicine, Entertainment, Getty, Quality Foods Ltd, Hollywood, Paramount Locations: Canada, Nova Scotia, Mexico, AFP

Netflix and a popular beauty stock were featured among Friday's biggest analyst calls. Analyst Rob Sanderson initiated coverage of DoorDash with a buy rating and $170 price target, citing strong execution. Alongside the upgrade, Blum downgraded Sunnova Energy to an equal weight rating and slashed his price target to $6 from $11, citing a higher-for-longer rate environment. "Share gains upmarket by Shopify support confidence in the durability of growth against tempered consumer spending expectations," wrote analyst Keith Weiss. The stock has tumbled 11% this year, but could rally 22% based on the firm's adjusted $85 price target.

Persons: Canaccord Genuity, Rob Sanderson, DoorDash, Sanderson, – Samantha Subin, Wolfe, Steven Chubak, BAC's, Chubak, bode, Wells, Michael Blum, Blum, Biden, Samantha Subin, Morgan Stanley, Keith Weiss, Weiss, — Samantha Subin, Canaccord, Maria Ripps, Steven Cahall, Price, Doug Anmuth, Morgan Stanley's Benjamin Swinburne, Jefferies, Ashley Helgans, Helgans, Fred Imbert Organizations: CNBC, Netflix, Friday's, Jefferies, Capital, Industry, Wolfe Research, Bank of America, of America, SCHW, Sunnova Energy, NOVA, Ulta Locations: Wells Fargo, China, Thursday's, Canada

☆ Here are Friday's biggest analyst calls: Nvidia, Netflix, Shopify, Dell, Microsoft, Meta, Coca-Cola, Amazon & more
▼ + stars: | 2024-04-19 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Ford and General Motors at overweight Morgan Stanley remains bullish on both automakers. Loop initiates DoorDash as buy Loop said in its initiation of the stock that it has more earnings potential. We think that years of debate over viability and earnings potential of on-demand gig platforms has been settled." Morgan Stanley upgrades Shopify to overweight from equal weight Morgan Stanley said market share gains are increasing for Shopify. Morgan Stanley reiterates Microsoft at overweight Morgan Stanley said it's bullish heading into earnings next week. "

Persons: Oppenheimer, Morgan Stanley, Ford, Mizuho, Jefferies, Ulta, they've, Riley, we've, Wells, Sunnova, it's, we're, Edward Jones downgrades Hershey, Edward Jones, Hershey, Wolfe, Raymond James downgrades, Raymond James, Dell, Needham, Baird, COLM Organizations: Nvidia, General Motors, GM, Mizuho, Netflix, Bank of America, Lam Research, NOVA, " Bank of America, Meta, JPMorgan, Charlotte, Shopify, RBC, Inspire, Systems, Microsoft, UBS, Columbia Locations: U.S, Charlotte , North Carolina

☆ Biden administration releases formal proposal for new student loan forgiveness plan
▼ + stars: | 2024-04-17 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty ImagesThe Biden administration has published its new student loan forgiveness proposal, putting it on the path to start clearing debt for millions of borrowers this fall. Outstanding federal education debt in the U.S. stands at around $1.6 trillion, and burdens Americans more than credit card or auto debt. Here's what to know about Biden's new relief plan. More than 25 million federal student borrowers owe more than they originally borrowed, according to the Biden administration.

Persons: Joe Biden, Andrew Caballero, Reynolds, Biden, Joe Biden's, FAFSA, haven't Organizations: Madison Area Technical College, AFP, Getty, U.S, Supreme, U.S . Department of Education, Consumer, Finance, Harvard, Education Department, Education Locations: Madison , Wisconsin, U.S

☆ Biden administration releases draft text of student loan forgiveness plan. Here's what borrowers need to know
▼ + stars: | 2024-04-16 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden speaks as he announces a new plan for federal student loan relief during a visit to Madison Area Technical College Truax Campus, in Madison, Wisconsin, U.S, April 8, 2024. The Biden administration on Tuesday released the draft text of its new student loan forgiveness proposal, which could reduce or eliminate the balances of millions of borrowers. The proposed rules should be formally published in the Federal Register on Wednesday and will be followed by a 30-day comment period. The regulatory text comes about a week after President Joe Biden revealed the details of his Plan B for student loan forgiveness. The Department of Education reviews comments from the public, it hopes to finalize the new rules and start canceling borrowers' debts in the fall, it said.

Persons: Joe Biden, Biden, Harris, Education Miguel Cardona, FAFSA, Biden's Organizations: Madison Area Technical, Truax, Tuesday, Federal, Biden, Harris Administration, Education, Finance, Harvard, Supreme, U.S, The Locations: Madison , Wisconsin, U.S

☆ Here's how Biden's new student loan forgiveness plan differs from his first
▼ + stars: | 2024-04-14 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

President Joe Biden delivers remarks on canceling student debt on February 21, 2024 in Culver City, California. Mario Tama | Getty Images News | Getty ImagesA more targeted forgiveness programBiden's 2020 campaign promise to erase student debt was thwarted at the Supreme Court last June. The majority-conservative court ruled that Biden's $400 billion loan cancellation plan was unconstitutional. Biden had tried to forgive the debt of nearly all 40 million federal student loan borrowers, with many people getting up to $20,000 in cancellation. The new plan also calls for borrowers to get up to $20,000 of unpaid interest on their federal student debt forgiven, regardless of their income.

Persons: Joe Biden, Mario Tama, Biden, Luke Herrine Organizations: Getty, University of Alabama, CNBC Locations: Culver City , California

☆ Robert MacNeil, legendary PBS News anchor, dies at age 93
▼ + stars: | 2024-04-12 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +3 min

New York CNN —Longtime broadcast journalist Robert MacNeil, who covered some of the biggest headlines of the 20th century and co-anchored PBS nightly news for two decades, died on Friday, PBS announced. MacNeil “was an incredibly erudite reporter, anchor and writer who raised the bar for serious journalism in America,” Sharon Percy Rockefeller, president of NewsHour Productions, said Friday in a news release. Arriving at PBS in the early 1970’s, MacNeil began a decades-long partnership with fellow journalist Jim Lehrer, according to PBS The two led PBS coverage of the Senate’s Watergate Hearings in 1973. In 1975, the pair co-founded the MacNeil/Lehrer Report, a show that would later become PBS NewsHour. MacNeil sat at the helm alongside Lehrer before leaving in 1995, according to PBS.

Persons: Robert MacNeil, MacNeil “, ” Sharon Percy Rockefeller, Jim Lehrer, MacNeil, John F, Kennedy, Lehrer, WETA, ”, “ Organizations: New, New York CNN, Longtime, PBS, NewsHour, NBC, WETA, Cuban Missile, MacNeil, Television, Writers ’ Conference Locations: New York, America, Montreal, Canada, Nova Scotia, London, Washington, DC, Dallas, WETA, United States

☆ Biden administration to forgive $7.4 billion in student debt for another 277,000 borrowers
▼ + stars: | 2024-04-12 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden speaks about student loan debt forgiveness in the Roosevelt Room of the White House in Washington, D.C., on Aug. 24, 2022. Evan Vucci | APThe Biden administration announced Friday that it will forgive $7.4 billion in student debt for 277,000 borrowers. The latest round of loan cancellations is a result of the U.S. Department of Education's recent changes and improved oversight of income-driven repayment plans and the popular Public Service Loan Forgiveness program. More than 65,000 borrowers will have their loans canceled through fixes to the Department of Education's income-driven repayment plans, and 4,600 borrowers are benefiting from the improvements to the government's loan forgiveness program for public servants. Aid for these groups in this round of forgiveness amounts to $3.5 billion and $300 million, respectively.

Persons: Joe Biden, Evan Vucci, Education Miguel Cardona Organizations: White, Washington , D.C, AP, Biden, U.S . Department, Public, Education, Finance, Cash, Valuable Education, Department Locations: Washington ,

Some 4,000 revelers gathered on the night of Oct. 6 at a field in southern Israel, mere miles from the Gaza border, for the Tribe of Nova music festival. At dawn, thousands of Hamas-led terrorists stormed Israel’s defenses under the cover of a rocket barrage. About 1,200 people were killed that day, the deadliest in Israeli history according to the Israeli authorities, including 360 at the rave alone. Many of the ravers were under the influence of mind-altering substances like LSD, MDMA and ketamine as they witnessed the carnage or fled for their lives.

Locations: Israel, Gaza

☆ Biden’s new student loan forgiveness plan could start eliminating debts before the 2024 presidential election
▼ + stars: | 2024-04-10 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

US President Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024. Andrew Caballero-reynolds | AFP | Getty ImagesThe Biden administration is moving ahead quickly with its new student loan forgiveness plan, with hopes of starting to wipe out people's debts as soon as this fall. Student loan forgiveness falls into that category, he said. Almost half of voters in a recent survey, or 48%, said canceling student loan debt is an important issue to them in the 2024 presidential and congressional elections. Issues like student loan forgiveness, which present a sharp contrast between Democrats and Republicans, are more likely to impact the election.

Persons: Joe Biden, Andrew Caballero, reynolds, Biden, Mark Kantrowitz, Kantrowitz, Gen, Donald Trump, Michael M, George W, Bush, Trump, Mark Organizations: Madison College, AFP, Getty, Republicans, Republican, Santiago, Public, Supreme Locations: Madison , Wisconsin, New York City

☆ What to do with your solar eclipse glasses
▼ + stars: | 2024-04-09 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +3 min

For the fortunate folks who witnessed the rare solar event, there may not be a need to throw out gently used pairs of solar eclipse viewing glasses. That means the same glasses worn during the 2024 total solar eclipse will serve as effective protection during the next total solar eclipse in 2026 that will be visible over Greenland, Iceland, Spain, Russia and a small portion of Portugal and appear as a partial eclipse in parts of Europe, Africa and North America. Where to donate solar eclipse glassesIf the owner of a pair of solar eclipse glasses is not planning on globe-trotting to catch a glimpse of the upcoming solar eclipses, there are several organizations collecting viewers with the aim of donating to those who will be on the path of upcoming events. Eclipse Glasses USA, a retailer of eclipse glasses approved by the American Astronomical Society, is collecting used but undamaged glasses to send to schools in Chile and Argentina that will be within the path where the October 2024 annular eclipse, otherwise known as the “ring of fire,” will be visible. Astronomers Without Borders, a nonprofit organization that collected more than 2 million glasses after the 2017 total solar eclipse and redistributed hundreds of thousands of pairs before the 2024 eclipse, has a growing list of drop-off locations for donations of gently used glasses.

Persons: “, ”, Kerry Hensley, Hensley Organizations: CNN, American Astronomical Society, AAS Nova, American Academy of Ophthalmology Locations: North America, Greenland, Iceland, Spain, Russia, Portugal, Europe, Africa, United States, North Dakota, Montana, Chile, Argentina

But a new report from Consumer Reports said it recently compared the nutritional profiles of two Lunchables kits served in schools and found they have even higher levels of sodium than the Lunchables kits consumers can buy in stores. The non-profit consumer group said it has petitioned the US Department of Agriculture, which oversees the federally assisted school meal program, to remove Lunchables food kits from school cafeterias, as a result. The introduction of Lunchables in schools came amid proposed changes to school food guidelines by the USDA, which oversees the federally assisted school meal program. The proposed changes aimed to reduce added sugars and sodium levels in school-provided lunches. Food additives are considered “generally recognized as safe” (GRAS) by the US Food and Drug Administration, but not everyone agrees.

Persons: Lunchables, Armour LunchMakers, Oscar Mayer, can’t, “, Brian Ronholm, Kraft Heinz, ” Kraft Heinz, Carlos Monteiro, Monteiro, ” Monteiro, Heinz “ Organizations: New, New York CNN, Consumer, Natural Meat, World Health Organization, US Centers for Disease Control, US Department of Agriculture, CNN, USDA, University of Sao, NOVA, US Food and Drug Administration, Center for Science, Environmental, Kraft Locations: New York, University of Sao Paulo, Brazil

☆ Watch: President Biden announces new student loan forgiveness plan
▼ + stars: | 2024-04-08 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

[This stream is set to start at 2:15 p.m. President Joe Biden will announce on Monday the details of his new student loan forgiveness plan, which could affect tens of millions of Americans. Immediately after the Supreme Court rejected Biden's first attempt at wide-scale education debt cancellation, the president said he would seek to forgive the loans another way. Despite its smaller scope than Biden's first education debt relief plan, this new aid package could still lead to at least partial forgiveness for 25 million Americans, the Biden administration said. More from Personal Finance:Why gas is so expensive in CaliforniaCredit card users face 'consequences' from falling behindAfter Biden praises progress on inflation, economists weigh inThe plan, if enacted as proposed, would cancel up to $20,000 in unpaid interest for millions of borrowers.

Persons: Joe Biden, Biden's, Biden Organizations: Finance, U.S . Department of Education Locations: California

☆ Biden’s new student loan forgiveness plan could erase up to $20,000 in interest for millions of borrowers
▼ + stars: | 2024-04-08 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

More than 25 million federal student borrowers owe more than they originally borrowed, according to the Biden administration. It estimates that, if its new plan is enacted as proposed, borrowers will get up to $20,000 of unpaid interest on their federal student debt forgiven, regardless of their income. Borrowers would need to be enrolled in an income-driven repayment plan to qualify but shouldn't have to apply for the relief. "Student debt interest capitalization has been keeping families from accessing their version of the American Dream," said Jaylon Herbin, director of federal campaigns at the Center for Responsible Lending. "Erasing that debt will lessen the burden of student loan debt on millions of borrowers and allow them to pay off their loans in a timely manner."

Persons: Joe Biden, Kevin Lamarque, Biden, Jaylon Herbin Organizations: Madison Area Technical, Truax, Reuters, Consumer, Center for Locations: Madison , Wisconsin, U.S

“This is a clear violation of the basic principles for protecting Europe’s largest (nuclear power plant). No nuclear power plant in the world is designed to withstand full-fledged fire from the armed forces. Damage to infrastructure facilities may affect the safe operation of the NPP,” the statement added, using an acronym for the nuclear power plant. Petro Kotin, head of Ukraine’s nuclear power operator Energoatom, said they were initially forced to work at “gunpoint” by invading Russian troops. Grossi points on a map of the Zaporizhzhia nuclear power plant, March 2022 Joe Klamar/AFP/Getty Images/FileBut fighting continued to rage around the plant in the summer of 2022, to the grave alarm of the IAEA.

Persons: Rafael Grossi, ” Grossi, Dmitry Peskov, Andriy Yusov, ” Yusov, “, Petro Kotin, Joe Klamar, Grossi, Volodomyr Zelensky Organizations: CNN, United Nations, International Atomic Energy Agency, IAEA, Europe’s, Zaporizhzhia NPP, NPP, Defense Intelligence, Ukrainska Pravda, Ukrayinska Pravda, Ukrainian Armed Forces, Russian, Getty, Kremlin Locations: Ukraine, Russian, Russia, ”, Ukrainian, Europe, Zaporizhzhia, AFP, Nova, ZNPP

☆ Biden administration will soon roll out a sweeping new student loan forgiveness plan
▼ + stars: | 2024-04-05 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden delivers remarks on canceling student debt at Culver City Julian Dixon Library on February 21, 2024 in Culver City, California. The Biden administration will soon roll out a sweeping new student loan forgiveness proposal that could impact millions of Americans. Almost half of all voters, or 48%, say canceling student loan debt is an important issue to them in the 2024 presidential and congressional elections, a recent survey found. Forgiving student debt could especially help Biden with young voters, a demographic he's been struggling with. Around 70% of Gen Z respondents said student debt cancelation was important to them in the election.

Persons: Joe Biden, Culver City Julian, Biden, Joe Biden's, Mark Kantrowitz, Gen, cancelation Organizations: Culver City, Culver City Julian Dixon Library, Street, Finance Locations: Culver City , California, Madison , Wisconsin

☆ Here's what tenants need to know about Biden's plan to cap rent hikes for some affordable housing units
▼ + stars: | 2024-04-03 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

The Biden administration moved this week to limit how much rent can rise in certain affordable housing units across the country. While some housing experts criticized the move, tenant advocates said the new rule, which will cap rent increases at 10%, will help people to stay in their homes. "The rent is still too damn high, but this cap will provide stability to more than a million tenants," said Tara Raghuveer, the director of the National Tenant Union Federation. More from Personal Finance:Top colleges expand financial aid awards to eliminate student loansWhat you need to know about Social Security's new overpayment policiesWhat car shoppers need to knowHowever, Mortgage Bankers Association President and CEO Bob Broeksmit said capping rent increases would only worsen the housing-affordability crisis. Here's what renters should know about the new protection, which was announced on April 1 and is now in effect.

Persons: Tara Raghuveer, Bob Broeksmit, Broeksmit Organizations: Biden, National Tenant Union Federation, Finance, Mortgage, Association

☆ I was charged $150 for missing a doctor's appointment. Turns out these fees are on the rise
▼ + stars: | 2024-03-28 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

Eric Audras | Onoky | Getty ImagesIf you miss a doctor's appointment these days, you could get hit with a "no-show" fee of up to $100 — or more. But, she said, "to solve this problem is not to charge patients more fees, which many can't afford." For my appointment, I did get a call the day before from the doctor's office. Fees shouldn't hurt credit, still may be worth disputingWhen you make a doctor's appointment, ask about the office's policy around late cancellations and missed appointments, Donovan said. "Ultimately, these fees are discretionary and I would be reluctant to work with any office that inflexibly charged them," Donovan said.

Persons: Eric Audras, Caitlin Donovan, Janna, didn't, I'd, Adam Rust, Rust, Isabel Pavia, Donovan, you'll, inflexibly Organizations: Onoky, Patient Advocate Foundation, Consumer Federation of America Locations: Camden , New Jersey

☆ Almost half of voters say student loan forgiveness is a key issue in 2024 election, survey finds
▼ + stars: | 2024-03-26 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

Jim Watson | AFP | Getty ImagesAlmost half of all voters, or 48%, say canceling student loan debt is an important issue to them in the 2024 presidential and congressional elections, a new survey finds. Debt forgiveness has historically been a highly partisan issue, with supporters and detractors split down party lines. Almost a quarter, 23%, of Gen X voters surveyed said they or someone in their household had student loan debt. The Supreme Court last June struck down the president's $400 billion plan to deliver student loan forgiveness to as many as 40 million Americans. Meanwhile, the popularity of loan forgiveness among voters may prove a challenge for Donald Trump, the GOP presidential nominee for president.

Persons: Jim Watson, Gen, John Della Volpe, Biden, millennials, Z, X, boomer, Joe Biden's, Donald Trump, Mike Pierce, Biden's Organizations: Royal Missionary Baptist, AFP, Getty, Harvard Kennedy School Institute of Politics, Finance, Republican, GOP, Supreme Locations: North Charleston , South Carolina, California, U.S

☆ Millions of older adults with student debt are at risk of losing some Social Security benefits, lawmakers warn
▼ + stars: | 2024-03-25 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

Millions of older adults who are behind on their student loans could soon receive a smaller Social Security benefit. "When borrowers are in collections, on average their Social Security benefits are estimated to be reduced by $2,500 annually," the lawmakers wrote on March 19. "This can be a devastating blow to those who rely on Social Security as their primary source of income." Social Security recipients can see up to 15% of their benefit reduced to pay back their defaulted student debt, which "can push beneficiaries closer to — or even into — poverty," the lawmakers wrote. The government's collection practices with student loan borrowers, including the garnishment of wages and Social Security benefits, is an area under review, a source familiar with its plans told CNBC.

Persons: Sen, Elizabeth Warren, Ron Wyden, Biden Organizations: Security, Democratic, Social Security, Social, U.S . Department of Education, Finance, Harvard, CNBC

And perhaps best of all, money — from selling the electricity generated by the wind turbines studding the flat green fields stretching out to the North Sea. A slice of the cash goes to the villagers themselves, with the local buy-in making this windy farming enclave near the border with Denmark a showcase for ways to push ahead with renewable energy projects. The S&P Global Clean Energy Index of shares in companies with clean energy-related businesses has fallen 26% over the past year, even as broader market indexes have surged to records. In sub-Saharan Africa, where half the population lacks access to electricity, renewable projects face even steeper challenges with financing. In Nigeria, where blackouts are an everyday event for about half of the country’s 213 million people, some 14 solar projects have stalled because the finances don’t add up.

Persons: ”, Astrid Nissen, moos, “, Mackenzie, it's, Nissen, Christian Andresen, Andresen, Orsted, Vattenfall, David Shepheard, Edu Okeke, Taiwo Organizations: U.S . Federal Reserve, European Central Bank, University College London, Solar, Energie Andresen GmbH, Energy, logjams, World Bank Locations: SPRAKEBUELL, Germany, Denmark, village's, Spain, Italy, Africa, Flensburg, Sprakebuell's, German, Danish, New Jersey, Swedish, North American, Saharan Africa, Nigeria, Katsina, Abuja

☆ A viral TikTok is igniting a debate over data centers taking over Virginia's countryside
▼ + stars: | 2024-03-25 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

But a viral TikTok shows that some people aren't happy about what the giant structures are replacing in Northern Virginia. Related storiesOthers pointed out the irony of posting about the issue on a social media platform powered by data centers. Data centers are popping up thanks to billions of dollars of investment and the AI boom. In Loudon County, roughly a 45-minute drive from DC, some residents say they can hear a constant hum from all the data centers in the area. AdvertisementDo you live or work in Northern Virginia or another part of the US where data centers have altered life?

Persons: —, @claireecowles, suara, commenter, they're Organizations: Service, Business, Northern, Northern Virginia Technology Locations: Northern Virginia, Shenandoah, Washington, Virginia, NoVa, Loudon County

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