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The Nasdaq and the S & P 500 are each on pace for declines of about 2.5%. Some stocks hit by this week's losses have become oversold — and could be due for a bounce. Align Technology , another company that has taken a heavy beating to its stock price this week, could also be due for a comeback, based on analysts' price targets. The company's third-quarter results fell short of analysts' expectations , and a slate of analysts cut their price targets following the release. Analysts covering the stock forecast a 4.6% upside for the company's stock price, and less than 30% rate it a buy.
Persons: bode, Kevin Caliendo, Tesla, Henry Schein, Lockheed Martin, RTX, Greg Hayes, — CNBC's Michael Bloom Organizations: Tesla, Moderna, Nasdaq, Dow Jones, CNBC, Technology, UBS, Southwest Airlines, Aerospace, Lockheed, Dollar, Dwight, Marathon Oil, Allstate Locations: Covid, Ukraine, Israel
[1/3] A sign advertises COVID-19 (coronavirus) vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, U.S., August 14, 2023. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsOct 19 (Reuters) - Walgreens Boots Alliance (WBA.O) has agreed to pay $192.5 million to settle a class action lawsuit by investors in Rite Aid (RADCQ.PK) who accused Walgreens of misleading them in 2017 about scrutiny of the two drugstore chain operators' then-pending merger. A spokesperson for Walgreens and an attorney for Rite Aid investors did not immediately reply to requests for comment. The Rite Aid investors sued Walgreens and its executives over statements they made about the proposed merger between the two major U.S. pharmacy chains, which was first announced in 2015. The settlement with investors comes on the heels of Rite Aid filing for bankruptcy protection as it struggled with high debt and costs from opioid litigation.
Persons: Brian Snyder, Jennifer Wilson, Duane Reade, Jody Godoy, Bill Berkrot Organizations: Walgreens, REUTERS, Walgreens Boots Alliance, Rite, Rite Aid, Federal Trade Commission, Aid, Thomson Locations: Somerville , Massachusetts, U.S, Pennsylvania, Britain, United States, New York
Rite Aid's bankruptcy is likely to be a bigger boost to retailers such as Walmart and Costco than it will be to other drugstore chains, according to UBS. And as drugstore closures accelerate, dollar stores may be able to scoop up some of the abandoned locations. Discount chains Dollar Tree and Dollar General could also benefit from drugstore closures. Dollar stores, in particular, could also expand into store fronts once operated by drugstore chains. For dollar stores, the real advantage will be the real estate left behind.
Persons: Michael Lasser, it's, Lasser, Stephen Buschbom, Buschbom, Gordon Haskett, we've Organizations: Walmart, Costco, UBS, Rite Aid, CVS Health, Walgreens, CVS, Kroger, Target, KR, Wall Street, FactSet, Albertsons, HSBC Locations: U.S
Rite Aid lost more than $1 billion in the months before it filed for bankruptcy, the failed drugstore chain revealed in a Wednesday regulatory filing, as it warned investors it may not be able to keep its business running. During the quarter, Rite Aid posted $5.65 billion in revenue and a net loss of $1.02 billion, compared with $5.9 billion in sales and a net loss of $331 million in the year-ago period. Rite Aid has about $4 billion in debt and pays about $200 million in interest annually, court records say. With about $93 million in cash as of Sept 2., those payments have left Rite Aid unable to execute its turnaround strategy. Rite Aid warned its store footprint will get even slimmer with plans to close underperforming stores as part of the bankruptcy.
Organizations: Rite Aid, Rite, CVS, Walgreens, Aid, CNBC Locations: New Jersey
A woman shops inside a Rite Aid store underneath a DeepCam security camera in New York City, New York, U.S., June 25, 2020. The lawsuit against McKesson alleged that the distributor improperly attempted to terminate the drug supply agreement on Saturday, just before Rite Aid declared bankruptcy. Rite Aid had accused McKesson of threatening to cut off its drug supply unless it immediately paid $700 million for amounts due under the contract. Rite Aid has relied on McKesson for its drugs for 20 years, and paid McKesson $9 billion under the contract in 2023, according to court filings. Rite Aid said it maintains very low drug inventory, forcing it to rely on daily deliveries from McKesson.
Persons: Lucas Jackson, McKesson, Joshua Sussberg, Sussberg, Michael Kaplan, Dietrich Knauth, Alexia Garamfalvi, Bill Berkrot Organizations: REUTERS, McKesson Corp, . Rite, Rite Aid, Aid, Rite, Thomson Locations: New York City , New York, U.S, New Jersey, Trenton
“They tend to close in these neighborhoods regardless of whether or not there is another pharmacy nearby,” Qato said. Closings can create so-called “pharmacy deserts,” or neighborhoods without easy access to a drugstore. “It’ll kind of worsen the problem of pharmacy deserts and disparities in pharmacy access,” Qato said. She noted that patients who lose drugstore access are less likely to stay on their regular prescriptions, and that can affect their health. Jonas said drugstores do want to help with pharmacy access, but the economics still need to work for these companies.
Persons: Dima Qato, ” Qato, Jeff Jonas, Jonas, drugstores, , Ted Shaffrey Organizations: East, Street, University of Southern, Gabelli Funds, Rite Aid, Associated Press, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: West, University of Southern California, Philadelphia, Virginia
Rite Aid filed for voluntary Chapter 11 bankruptcy on Sunday following slumping sales and a series of lawsuits. Rite Aid, which has over 47,000 employees, has struggled in recent years to compete against larger peers like CVS and Walgreens Boots Alliance, as well as Amazon. Rite Aid has faced growing competition from direct-to-consumer pharmacy startups as well as medication deliveries from the likes of Amazon and Uber. Rite Aid also experienced supply chain challenges after changing supplier for many of its perishable consumer goods and shrink "continued to be a significant headwind," Burr said. Representatives for Rite Aid did not immediately respond for Insider's request for further comment beyond sending statements about Stein's appointment and its Chapter 11 bankruptcy filing.
Persons: it's, , Jeffrey S, Stein, Elizabeth Burr, Heyward Donigan, Donigan, Burr, there'd Organizations: Service, Rite, Walgreens Boots Alliance, Rite Aid, pharma, Aid, Discount, Rite Aid Corporation, PayLess, Walgreens, Albertsons, New York Times Locations: New Jersey, Scranton , Pennsylvania
A Rite Aid store stands in Brooklyn on August 28, 2023 in New York City. Rite Aid filed for Chapter 11 bankruptcy protection in New Jersey on Sunday and said it would begin restructuring to significantly reduce its debt. Rite Aid also said lenders agreed to provide $3.45 billion in new funding to "provide sufficient liquidity" as it embarks on its restructuring plan. During its most recent quarter ended June 3, revenue fell to $5.6 billion, down from $6.01 billion in the year-ago period. Rite Aid Chairman Bruce Bodaken said in a statement, "Jeff is a proven leader with a strong track record of guiding companies through financial restructurings.
Persons: hasn't, Jeffrey Stein, Elizabeth Burr, Bruce Bodaken, Jeff, Stein Organizations: New York City . Rite Aid, Aid, Rite Locations: Brooklyn, New York City, New Jersey
PHILADELPHIA (AP) — Major U.S. pharmacy chain Rite Aid said Sunday that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits. In 2022, Rite Aid settled for up to $30 million to resolve lawsuits alleging pharmacies contributed to an oversupply of prescription opioids. The plan will “significantly reduce the company's debt” while helping to “resolve litigation claims in an equitable manner,” Rite Aid said. The Justice Department acted after three whistleblowers who had worked at Rite Aid pharmacies filed a complaint. Earlier this month, Rite Aid notified the New York Stock Exchange that it was not in compliance with listing standards.
Persons: Jeffrey Stein, Elizabeth Burr Organizations: PHILADELPHIA, , Rite Aid, Aid, Justice Department, The, New York Stock Exchange, U.S . Securities, Exchange Locations: — Major, New Jersey
AdvertisementAdvertisementStudent-loan payments have resumed, but not all federal borrowers should be making payments. However, it's in some borrowers' best interests to not make payments — even if their servicer has given them a billing statement. While borrowers can submit those claims individually, the Education Department has also announced relief for groups of defrauded borrowers without them needing to take any action themselves. AdvertisementAdvertisementIf borrowers received notice of relief but are still in repayment status, they can contact their servicer, or Federal Student Aid's ombudsman. However, interest will still accrue during that time, and the Education Department cannot control how credit scoring companies interpret the missed payments.
Persons: , Joe Biden's, servicers Organizations: Service, Joe Biden's Education Department, Education Department, Corinthian Colleges Locations: it's, Cardona
By mid-afternoon, nine women have gathered around the dance pole at Flash Dancers, the only women-owned exotic dance club in Kharkiv. Valerii Kseniya, Flash Dancers' co-owner, in an undated photograph from her career as a professional dancer (left), and in July 2023. Iva Sidash for InsiderWhen Dana first joined Flash Dancers, Valeriya said, she was shy, silent, and not open to speaking with the team. Iva Sidash for InsiderOver the past year, several soldiers who were regulars at Flash Dancers have been killed in the fighting. Iva Sidash for InsiderThe evening at Flash Dancers could serve as a microcosm of Ukraine's tentative but determined return to normality.
Persons: Valeriya Zavadskaya, Christina Aguilera's, bam, Iva Sidash, Valeriya, Cher, proprietorship, Volodymyr Zelenskyy, Valeriya's, Valeriia Kseniya, Kseniya, Valerii Kseniya, , Valeriya's lapdogs, Sara, Lady —, grimly, Dana, hasn't, they're, Gyrating, doesn't, they've, Yurii Tryfan, Yevgeny Prigozhin, Wagner, Tryfan, Lyuda, Maksyum, Pavlo, trundle, We've, Anna Conkling, Elle Organizations: showtime, Boys, Komsomol, league, Communist Party, Hustler, National University of Kharkiv, Valeriya, Flash Dancers, Monetary Fund Locations: Kharkiv, Ukraine's, Russian, Ukraine, Eastern Europe, bam, Soviet, South Korea, Bulgaria, Yugoslavia, Italy, Asia, Russia, Ukraine's Crimean, Moulin Rouge, Drohobych, Polish, USSR, Bakhmut, Kupyansk, Ukrainian, Kyiv, Berlin
AdvertisementAdvertisementPandemic relief for student-loan borrowers is officially over. While pandemic relief is over, the Education Department has put forth a series of plans to help borrowers afford their monthly payments — including temporary safeguards should they miss a payment. On-ramp periodIf a borrower finds they cannot afford their monthly payments, they can make use of the 12-month "on-ramp" period beginning in October. AdvertisementAdvertisementOther forms of relief to comeAside from repayment, the Education Department is working through other regulations, including targeted relief, for student-loan borrowers. It could also run into legal challenges, and not everyone who qualified for Biden's first debt relief plan is guaranteed to qualify now.
Persons: , Donald Trump, Joe Biden, Biden Organizations: Service, Education Department, Federal, Higher Locations: COVID
FILE PHOTO:The logo of Johnson & Johnson is seen on a Brussels' office of the company in Diegem, Belgium September 21, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsGENEVA, Sept 29 (Reuters) - Global health aid agency Unitaid has written to Johnson & Johnson's (JNJ.N) CEO, Joaquin Duato, urging "immediate action" to expand access to the company's tuberculosis drug bedaquiline, which is protected by patents hindering generic alternatives. The agency is urging J&J to remove all secondary patents and ensure that lower prices are available to all countries with high TB cases. TB, a bacterial disease that mostly affects the lungs, is preventable and treatable, but 10 million people catch it annually. Around 1.6 million people died from TB in 2021, almost entirely in low- and middle-income countries, according to the World Health Organization (WHO).
Persons: Johnson, Yves Herman, Unitaid, Joaquin Duato, Philippe Duneton, J, Emma Farge, Jennifer Rigby, Devika Nair, Susan Fenton, Elaine Hardcastle, Leslie Adler Organizations: Johnson, REUTERS, Rights, UN, Assembly, World Health Organization, WHO, Thomson Locations: Brussels, Diegem, Belgium, South Africa, Belarus, Ukraine
One company, MOHELA, said it anticipates "extensive servicing delays" due to a lack of resources. MOHELA also said it received 36,309 complaints from borrowers over the past year. AdvertisementAdvertisementA major student-loan company that services over 7 million borrowers isn't too confident about its preparedness to enter repayment in a few days. That's compared to the 3,469 complaints Maximus, another servicer, received, and 3,063 from servicer EdFinancial. It's clear some servicers are concerned about their abilities to manage this transition back into repayment — and borrowers will likely suffer the consequences.
Persons: MOHELA, , Sen, Elizabeth Warren, Nelnet, Warren, Joe Biden's Organizations: Service, Democratic, Public
Sen. Elizabeth Warren led some Democratic colleagues in sending letters to four student-loan companies requesting information on the repayment restart. They also said a lack of funding is not a valid excuse for borrowers to be facing bad customer service. AdvertisementAdvertisementSenator Elizabeth Warren is worried that four federal student-loan companies aren't up to the task of transitioning millions of borrowers back into repayment in a few days. These letters come just days before pandemic relief for federal borrowers comes to an end. White House Press Secretary Karine Jean-Pierre said during a Monday press briefing that it would further strain Federal Student Aid's ability to assist borrowers over the next month.
Persons: Sen, Elizabeth Warren, , Warren, — Sens, Chris Van Hollen, Ed Markey, Richard Blumenthal —, servicers, Joe Biden's, Virginia Foxx, Bill Cassidy, Karine Jean, Pierre, Jean, Pierre said Organizations: Democratic, Service, Federal Services, servicer, Central Research Inc, Education Department, — House Republicans, Federal Student Aid, Consumer Financial, Republican, Office, Department, House Press, Education
[1/2] The Mermaid, a Hungarian boat which sank in the Danube river near Margaret bridge, is moved away during a salvage operation in Budapest, Hungary, June 11, 2019. REUTERS/Tamas Kaszas/File Photo Acquire Licensing RightsBUDAPEST, Sept 25 (Reuters) - A Ukrainian captain of a cruise liner was sentenced to five years in prison in Hungary on Tuesday for his role in a 2019 accident in which his boat hit and sank a smaller boat on the River Danube, killing 25 South Korean tourists and two crew. The Mermaid's captain and its crew member also died and one Korean is still unaccounted for. The Ukrainian man, who has been in custody since 2019, told the court that he was "deeply sorry" about the tragedy. The captain was acquitted by the court on the charge of failing to provide help.
Persons: Tamas Kaszas, Yuriy, Leona Nemeth, Boldizsar Gyori, Christina Fincher Organizations: REUTERS, Rights, South, Thomson Locations: Hungarian, Margaret, Budapest, Hungary, Ukrainian
A shutdown would coincide with the first day federal student-loan payments are set to resume. If not, Americans will face a government shutdown on October 1, which also happens to be the same day federal student-loan payments resume. All that could be much worse if the Education Department shuts down at the same time payments are supposed to start up. AdvertisementAdvertisementAfter over three years on pause, federal borrowers will start footing an extra monthly bill as early as October 1. AdvertisementAdvertisementThe Education Department has said it remains in frequent contact with servicers to ensure a smooth transition back into repayment.
Persons: , servicers Organizations: Education Department, Service, Sunday, Republicans, Management, Federal Student, Education, Department Locations: Wall, Silicon
Biden officially launched the new income-driven student-loan repayment plan, known as the SAVE plan. On Tuesday, Biden's administration announced that student-loan borrowers can now officially enroll in the Saving on a Valuable Education, or SAVE, plan, after it began beta testing the program in July. "The SAVE plan is a sea change for students, making college loans far more affordable than ever before," Under Secretary of Education James Kvaal said in a statement. Borrowers who are currently enrolled in the REPAYE plan will automatically have their monthly payments adjusted to the new SAVE plan before payments restart." AdvertisementAdvertisement"The SAVE plan is a game changer," Education Secretary Miguel Cardona told reporters on a Monday press call.
Persons: Biden, Joe Biden, Biden's, Education James Kvaal, Miguel Cardona, we're Organizations: Service, Valuable Education, Education Department, SAVE, Education, Federal, Internal Revenue Service, NAACP Locations: Wall, Silicon
George Frey | ReutersDrugmakers aren't the only ones feeling the impact of the weight loss industry gold rush. Retailers with pharmacy businesses, such as Walmart , Kroger and Rite Aid , said increased demand for prescription weight loss drugs helped boost sales for the second quarter. Are weight loss drugs profitable? A selection of injector pens for the Saxenda weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. For one, branded drugs don't directly compete with other medications because they have patent protections.
Persons: George Frey, Reuters Drugmakers, Arun Sundaram, it's, Elon Musk, Eli Lilly, Doug McMillon, Matthew Schroeder, Schroeder, Rodney McMullen, CFRA Research's Sundaram, Michael Lasser, Jim Vondruska, USC's Schaeffer Organizations: KR NOVO.B, Novo Nordisk, Pharmacy, Reuters, Walmart, Kroger, Rite, CFRA Research, CNBC, Nordisk, Elon, Pfizer, UBS, USC's, USC's Schaeffer Center for Health, Association Locations: Provo , Utah, U.S, GLP, Chicago , Illinois
An Iowa school district asked ChatGPT if a list of books "contain a description or depiction of a sex act." In an effort to decide what books to ban from school libraries, an Iowa school district asked ChatGPT whether a list of books contained a description or depiction of an explicit act. When ChatGPT replied that 19 books did indeed contain such scenes, the school district banned 19 books, various news outlets reported this week. We asked ChatGPT the same question three times, and it gave us three very different answers. Of the 19 books removed by the Mason City school district, 17 have been reviewed by age-rating nonprofit Common Sense Media.
Persons: ChatGPT, That's, Exman, Mason, Mr Griffin, Kai Xiang Teo, Kai Xiang Teo ChatGPT, John, OpenAI Organizations: Mason City Community Schools District, Popular Science, Engadget, Mason, Mason City School District Locations: Iowa, Mason, Alaska, America, Mason City
Zoom angered users after its terms of service suggested it could use calls to train AI. Zoom also says it won't use the content of calls to train its AI models "without your consent." On August 6, the tech news blog Stack Diary pointed out the section of Zoom's terms of service. But as Stack Diary points out, the clarification may not fully protect your calls, based on the specific language in Zoom's terms of service. The clarifications in Zoom's terms of service come as members of the public have expressed outrage over their data being used to train AI.
Persons: Gabriella Coleman, Brianna Wu, Smita Hashim, Aparna Bawa, Sean Hogle, — includingSuzanne Collins, Margaret Atwood, Organizations: Harvard, Hacker, Hacker News
Hollywood actors' strike: How would it hit TV shows and movies?
  + stars: | 2023-07-13 | by ( ) www.reuters.com   time to read: +2 min
LOS ANGELES, July 13 (Reuters) - Thousands of Hollywood film and television actors may go on strike from Thursday, joining writers who walked off the job 11 weeks ago. How would a walkout by the Screen Actors Guild and the American Federation of Television and Radio Artists (SAG-AFTRA) affect viewers' favorite shows and movies? Which films and television shows would be hit? Broadcast networks including Fox (FOXA.O) and Walt Disney Co's (DIS.N) ABC have announced fall lineups heavy with reality shows, which are not affected by the strikes. The same is true for unscripted reality shows such as "Big Brother" and "The Bachelor."
Persons: Walt Disney, Abbott, Fox, Inc's, Lisa Richwine, Dawn Chmielewski, Andrew Heavens Organizations: Screen Actors Guild, American Federation of Television, Radio Artists, Fox, Walt Disney Co's, ABC, Netflix, Thomson Locations: ANGELES, United States, Los Angeles, Korea, India
LOS ANGELES, July 12 (Reuters) - Nominations were announced on Wednesday for the Emmy Awards, the highest honors in television. Following is a list of nominees in key categories. The awards are scheduled to be handed out in a televised ceremony in Los Angeles on Sept. 18. BEST DRAMA SERIES"Andor""Better Call Saul""The Crown""House of the Dragon""The Last of Us""Succession""The White Lotus""Yellowjackets"BEST COMEDY SERIES"Abbott Elementary""Barry""Jury Duty""The Bear""The Marvelous Mrs. Maisel""Only Murders in the Building""Ted Lasso""Wednesday"BEST LIMITED OR ANTHOLOGY SERIES"Beef""Black Bird""Dahmer-Monster: The Jeffrey Dahmer Story""Daisy Jones & The Six""Fleishman is in Trouble""Obi-Wan Kenobi"BEST COMEDY ACTORBill Hader, "Barry"Martin Short, "Only Murders in the Building"Jason Sudeikis, "Ted Lasso"Jeremy Allen White, "The Bear"Jason Segel, "Shrinking"BEST COMEDY ACTRESSChristina Applegate, "Dead to Me"Rachel Brosnahhan, "The Marvelous Mrs. MaiselQuinta Brunson, "Abbott Elementary"Natasha Lyonne, "Poker Face"Jenna Ortega, "Wednesday"BEST DRAMA ACTORBrian Cox, "Succession"Kieran Culkin, "Succession"Bob Odenkirk, "Better Call Saul"Pedro Pascal, "The Last of Us"Jeremy Strong, "Succession"Jeff Bridges, "The Old Man"BEST DRAMA ACTRESSMelanie Lynskey, "Yellowjackets"Elisabeth Moss, "The Handmaid's Tale"Bella Ramsey, "The Last of Us"Sarah Snook, "Succession"Sharon Horgan, "Bad Sisters"Keri Russell, "The Diplomat"BEST ACTOR, LIMITED SERIES OR MOVIETaron Egerton, "Black Bird"Evan Peters, "Dahmer-Monster: The Jeffrey Dahmer Story"Daniel Radcliffe, "Weird: The Al Yankovic Story"Michael Shannon, "George & Tammy"Steven Yeun, "Beef"Kumail Nanjiani "Welcome to Chippendales"BEST ACTRESS, LIMITED SERIES OR MOVIELizzy Caplan, "Fleishman Is In Trouble"Dominique Fishback, "Swarm"Riley Keough, Daisy Jones & The Six"Jessica Chastain, "George and Tammy"Ali Wong, "Beef"Kathryn Hahn, "Tiny Beautiful Things"Reporting by Danielle BroadwayOur Standards: The Thomson Reuters Trust Principles.
Persons: Saul, Abbott, Barry, Ted Lasso, Dahmer, Jeffrey Dahmer, Daisy Jones, Obi, Wan, Bill Hader, Martin, Jason Sudeikis, Jeremy Allen White, Jason Segel, Christina Applegate, Rachel Brosnahhan, Maisel Quinta Brunson, Natasha Lyonne, Jenna Ortega, Brian Cox, Kieran Culkin, Bob Odenkirk, Pedro Pascal, Jeremy Strong, Jeff Bridges, Melanie Lynskey, Elisabeth Moss, Bella Ramsey, Sarah Snook, Sharon Horgan, Keri Russell, Egerton, Evan Peters, Daniel Radcliffe, Al Yankovic, Michael Shannon, George, Tammy, Steven Yeun, Lizzy Caplan, Dominique Fishback, Riley Keough, Jessica Chastain, Ali Wong, Kathryn Hahn, Danielle Broadway Organizations: Thomson Locations: ANGELES, Los Angeles
Brewer said her Grand Canyon tours stood out because she'd drive guests from Phoenix to the national park in her van. Her Grand Canyon day tour has 666 reviews and an average rating of 4.97, while her tour of Antelope Canyon has 103 five-star reviews. Brewer started tours based on her own knowledge of the area, then picked up extra tidbits from speaking to park rangers and listening to the local radio station every day. Brewer doesn't ask people to leave reviews to avoid being "pushy," but she sometimes mentions her Instagram if it comes up in conversation. "The people that are going to leave reviews are people that are inspired on their own to leave a review," she said.
Persons: Naala Brewer, Brewer, Greg McQuaid, McQuaid, he'd, I'd, It's, Brewer doesn't, cohosts Organizations: Airbnb's, Bay Area, California Gold Rush, PayPal Locations: Airbnb, Arizona, Phoenix, Lechee , Arizona, San Francisco, Bay
"I would like to see interest payments suspended during this time, especially during that 12-month ramp-up period," Ocasio-Cortez said. People should not be incurring interest during this 12-month on-ramp period, so I highly urge the administration to consider suspending those interest payments." "Of course, we still believe in pursuing student-loan cancellation and acting faster than that 12-month period wherever possible," she added. Biden has not yet commented on those requests, but the Education Department recommends borrowers make payments because interest is set to accrue a month before payments begin again in October. "However, the Secretary has directed his staff to explore policy options for debt relief that will help as many people as possible."
Persons: Alexandria Ocasio, Cortez, Biden, , Joe Biden's, Cortez isn't, Ro Khanna, it's Organizations: Service, Supreme Court, CNN, ABC News, Higher, Education, Department, Federal Locations: Rep, Alexandria, California
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