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Search resuls for: "Kantrowitz"


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☆ Tech companies only seeing beginning of layoffs, says Big Technology's Kantrowitz
  + stars: | 2022-12-05 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech companies only seeing beginning of layoffs, says Big Technology's KantrowitzAlex Kantrowitz, Big Technology founder and CNBC contributor, joins 'TechCheck' to discuss Silicon Valley's uniform mindset during the recent bull market, if Alphabet can afford to cut employees and more.
☆ Big Technology’s Alex Kantrowitz and Platformer’s Casey Newton break down Elon Musk's issue with Apple
  + stars: | 2022-11-28 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig Technology’s Alex Kantrowitz and Platformer’s Casey Newton break down Elon Musk's issue with AppleBig Technology’s Alex Kantrowitz and Platformer’s Casey Newton, join 'Closing Bell: Overtime' to discuss Elon Musk's current issue with Apple.
☆ Student loan payments may not resume until August. Here's what borrowers need to know
  + stars: | 2022-11-26 | by ( Annie Nova | ) www.cnbc.com   time to read: +8 min
With so much still up in the air, the Biden administration has pushed back the due date on student loan bills again. With previous extensions of the payment pause, the Education Department provided one date for when student loan bills would resume. Betsy Mayotte, president of The Institute of Student Loan Advisors, warned borrowers to first understand the federal protections they're giving up before they refinance. "Refinancing can generate a lower interest rate than federal student loan rates," Mayotte said. Could it make sense to still pay my student loans?
☆ What's happening with student loan forgiveness? Here's the latest, including an extension of the payment pause
  + stars: | 2022-11-25 | by ( Trina Paul | Benji Stawski | Zoe Malin | ) www.cnbc.com   time to read: +9 min
In the past two months, student loan forgiveness has been the target of two high-profile lawsuits. Meanwhile, the Biden administration responded by extending the student loan payment pause yet again. What's happening to student loan forgiveness? Since the status of student loan forgiveness remains in the air, the Biden administration has extended the student loan payment pause until the Supreme Court makes a ruling. Select ranked SoFi Student Loan Refinancing and Earnest Student Loan Refinancing as some of the best companies for refinancing student loans.
☆ Iger and Disney have a codepence problem, says Big Technology Founder Alex Kantrowitz
  + stars: | 2022-11-21 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIger and Disney have a codepence problem, says Big Technology Founder Alex KantrowitzAlex Kantrowitz, Big Technology Founder, joins 'TechCheck' to discuss the company's succession plans, sources of strain on Disney's earnings and recession concerns for streaming.
☆ What borrowers need to know while student loan forgiveness is in limbo
  + stars: | 2022-11-21 | by ( Annie Nova | ) www.cnbc.com   time to read: +2 min
Loan payment pause may be extended againThe Biden administration is reported to be considering extending the payment pause on student loan bills yet again. Indeed, a top official at the Education Department recently said student loan default rates could dramatically spike if its loan forgiveness plan is thwarted, "due to the ongoing confusion about what they owe." Borrowers have other aid optionsThose unnerved by the possibility of student loan forgiveness falling through may take some comfort in a number of other options that may offer help. (Use one of the calculators at Studentaid.gov or Freestudentloanadvice.org to find the repayment plan most affordable for you.) The Public Service Loan Forgiveness program, which allows those who work for the government and certain nonprofits to get their debt cleared after a decade, is also getting a number of improvements.
☆ Musk believes after Twitter purge he's dealing with loyalists, says Platformer’s Casey Newton
  + stars: | 2022-11-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMusk believes after Twitter purge he's dealing with loyalists, says Platformer’s Casey NewtonBig Technology’s Alex Kantrowitz and Platformer’s Casey Newton join 'Closing Bell: Overtime' to discuss the latest terminations and news surrounding Elon Musk and Twitter.
☆ Biden administration warns of 'historically large increase' in student loan defaults without debt forgiveness
  + stars: | 2022-11-16 | by ( Annie Nova | ) www.cnbc.com   time to read: +2 min
Student loan borrowers gather near The White House to tell President Biden to cancel student debt on May 12, 2020. Student loans plagued with problems before CovidEven before the pandemic, when the U.S. economy was enjoying one of its healthiest periods in history, problems plagued the federal student loan system. watch nowFederal student loan payments have been on pause since March 2020, when the coronavirus pandemic first hit the U.S. and crippled the economy. Despite offering student loan borrowers forbearances during previous natural disasters, default rates still skyrocketed, Kvaal said in the filing. "[T]he one-time student loan debt relief program was intended to avoid" that problem, he added.
☆ Amid court challenges to its student debt forgiveness, Biden administration could extend payment pause yet again
  + stars: | 2022-11-15 | by ( Annie Nova | ) www.cnbc.com   time to read: +2 min
With the legal blows to President Joe Biden's student loan forgiveness plan mounting, it's possible that the administration could extend the payment pause on the monthly bills yet again, experts say. "I'm sure they have to be considering it as an option," said Scott Buchanan, executive director of the Student Loan Servicing Alliance, a trade group for federal student loan servicers. If the president's policy remains blocked in the courts by the end of the year, higher education expert Mark Kantrowitz said, "the Biden Administration is likely to further extend the payment pause." Federal student loan payments have been on pause since March 2020, when the coronavirus pandemic first hit the U.S. and crippled the economy. The U.S. Department of Education closed its student loan forgiveness portal last week after a federal judge in Texas called Biden's plan "unconstitutional" and struck it down.
☆ Could student loan forgiveness still happen this year? It's possible
  + stars: | 2022-11-10 | by ( Annie Nova | ) www.cnbc.com   time to read: +2 min
But now the Biden administration finds itself unable to start delivering its relief because of a court-ordered stay of its policy. Here's where forgiveness stands, and what might happen next. Originally, the Education Department had said that borrowers would receive forgiveness within six weeks after they applied. Loan servicers were given 15 days to apply the forgiveness to a borrowers' account after they were notified, Kantrowitz said. "If the forgiveness is still paused by the end of the year, the Biden administration is likely to further extend the payment pause," Kantrowitz said.
☆ The Twitter layoffs were handled terribly, says Big Tech's Alex Kantrowitz
  + stars: | 2022-11-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Twitter layoffs were handled terribly, says Big Tech's Alex KantrowitzBig Technology's Alex Kantrowitz and Platformer's Casey Newton join 'Closing Bell: Overtime' to discuss the turmoil at Twitter now that Musk has taken over.
☆ Kantrowitz: Netflix's ad-tier will not solve the company's growth problems
  + stars: | 2022-11-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKantrowitz: Netflix's ad-tier will not solve the company's growth problemsAlex Kantrowitz, Founder of Big Technology, joins Worldwide Exchange to discuss the outlook for Netflix as it rolls out its ad-supported tier.
☆ 26 million borrowers have applied for student loan forgiveness. But GOP challenges put plan at risk
  + stars: | 2022-11-03 | by ( Annie Nova | ) www.cnbc.com   time to read: +4 min
SKLA | iStock | Getty ImagesClose to 26 million Americans have applied for student loan forgiveness, and the Biden administration has already approved 16 million of the requests, the White House said Thursday. Yet its entire loan cancellation plan could be in jeopardy due to the legal challenges brought by Republicans, it warned. "If Republican officials get their way, tens of millions of Americans' monthly costs will rise dramatically when student loan payments resume next year," according to a statement by the administration. Most recently, a legal challenge from six GOP-led states temporarily stopped the administration from starting to forgive borrowers' debt. Tribe agreed, and said the other challengers also were on shaky legal standing.
☆ Cloud stocks creamed as Fed indicates more rate hikes are coming
  + stars: | 2022-11-02 | by ( Jordan Novet | ) www.cnbc.com   time to read: +3 min
Investors pounded cloud software stocks on Wednesday on concern that interest rates will rise for longer than previously expected. Cloud stocks have been particularly sensitive to rising rates as investors prefer to own stocks with stronger current earnings that are less reliant on future growth. But for money-losing companies — and many cloud stocks are not profitable — the calculus is completely different. One gauge of cloud stocks, the WisdomTree Cloud Computing Fund, is now down 51% for 2022, compared with a 110% rise in 2020. CrowdStrike , Qualtrics and other cloud software stocks have reported more scrutiny of deals in recent months.
☆ Families can get Pell Grants of up to $6,895 to help with college costs. Here's what you need to know
  + stars: | 2022-11-02 | by ( Annie Nova | ) www.cnbc.com   time to read: +3 min
And it goes further for those who received a Pell Grant in college, a type of aid available to low-income families, by clearing as much as $20,000 from their student debt balance. The federal Pell Grant program, signed into law in 1965, is one of the largest sources of financial aid available to college students. Here's what families need to know about Pell Grants. There's a limit to how many Pell Grants you can getCollege students typically can receive the grant for up to six years. "The student can then use the money to pay for other college costs, such as textbooks," he said.
☆ Watch CNBC’s full interview with Hightower’s Stephanie Link, Big Technology’s Alex Kantrowitz and Wedbush’s Dan Ives
  + stars: | 2022-10-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Hightower’s Stephanie Link, Big Technology’s Alex Kantrowitz and Wedbush’s Dan IvesHightower’s Stephanie Link, Big Technology’s Alex Kantrowitz and Wedbush’s Dan Ives join 'Closing Bell: Overtime' to discuss Big Tech earnings and the market.
☆ Apple beats on top and bottom lines, iPhone and services miss
  + stars: | 2022-10-27 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple beats on top and bottom lines, iPhone and services missCNBC's Steve Kovach joins 'Closing Bell: Overtime' to report on Apple third quarter earnings. Hightower’s Stephanie Link, Big Technology’s Alex Kantrowitz and Wedbush’s Dan Ives react to the report.
☆ Amazon misses on revenue, stock plummets on weak fourth quarter guidance
  + stars: | 2022-10-27 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon misses on revenue, stock plummets on weak fourth quarter guidanceCNBC's Deidre Bosa joins 'Closing Bell: Overtime' to report on Amazon's third quarter earnings. Hightower’s Stephanie Link, Big Technology’s Alex Kantrowitz and Wedbush’s Dan Ives react to the report.
☆ Watch CNBC’s full interview with EMJ Capital's Eric Jackson, Big Technology's Alex Kantrowitz and Requisite’s Bryn Talkington
  + stars: | 2022-10-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with EMJ Capital's Eric Jackson, Big Technology's Alex Kantrowitz and Requisite’s Bryn TalkingtonEMJ Capital's Eric Jackson, Big Technology's Alex Kantrowitz and Requisite’s Bryn Talkington, join 'Closing Bell: Overtime' to discuss the market rally, Big Tech earnings and their market outlook.
☆ Biden's student loan forgiveness plan is on hold. Here are key issues borrowers need to know
  + stars: | 2022-10-24 | by ( Annie Nova | ) www.cnbc.com   time to read: +4 min
Porquenostudios | Istock | Getty ImagesFor those with student debt, the last few months may have given you whiplash. Here's what borrowers need to know about the development, and what it could mean for your student debt. They filed an appeal, and asked the court to stay the president's plan, which was supposed to start unfolding as early as this week, while their request is considered. Circuit Court of Appeals granted the states' emergency petition, leaving the Biden administration unable to start forgiving any student debt for now. The U.S. Department of Education had said borrowers who hold these FFEL, or Federal Family Education Loans, can take this step to qualify for its relief.
☆ Snapchat hurt by missed opportunities in the ad space
  + stars: | 2022-10-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSnapchat hurt by missed opportunities in the ad spaceBig Technology newsletter's Alex Kantrowitz and Platformer editor Casey Newton join 'TechCheck' to discuss Snap stock plunging in response to an disappointing Q3 earnings report, recession fears drying up ad dollar spending and reactions to Elon Musk's comments about cutting Twitter's staff by 75%.
☆ U.S. student debt relief: What you need to know now
  + stars: | 2022-10-20 | by ( Chris Taylor | ) www.reuters.com   time to read: +6 min
But the Biden administration’s new U.S. student debt relief program is not just an academic subject for her. That is because McKay is still dealing with student debt from her days getting a graduate degree at Carnegie Mellon University. So she is not just studying the student debt relief application that went live the other day (https://studentaid.gov/debt-relief/application) – she is filling it out herself. When and if the debt relief goes through, your loan servicer will let you know. BEWARE OF SCAMSThe student debt relief program has already brought scammers out of the woodwork, warns the Federal Trade Commission (https://consumer.ftc.gov/consumer-alerts/2022/10/now-student-loan-debt-relief-application-open-spot-scams).
☆ Watch CNBC's full discussion on Netflix earnings with SVB's Shannon Saccocia, Virtus' Joe Terranova and Big Technology's Alex Kantrowitz
  + stars: | 2022-10-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full discussion on Netflix earnings with SVB's Shannon Saccocia, Virtus' Joe Terranova and Big Technology's Alex KantrowitzVirtus Investment Partners' Joe Terranova and SVB Private's Shannon Saccocia join 'Closing Bell: Overtime' to discuss Netflix earnings and where the company's headed from here. With Big Technology's Alex Kantrowitz.
☆ Kantrowitz: Netflix has potential to make a big impact in advertising
  + stars: | 2022-10-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKantrowitz: Netflix has the potential to make a big impact in advertisingAlex Kantrowitz, Founder of Big Technology, joins Worldwide Exchange to discuss the outlook for Netflix following the launch of its ad-supported tier.
☆ Apple takes a hit on report it plans to cut production on iPhone 14 Plus
  + stars: | 2022-10-18 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple takes a hit on report it plans to cut production on iPhone 14 PlusCNBC's Steve Kovach reports that Apple is reportedly cutting iPhone 14 Plus production. With CNBC's Scott Wapner, SVB's Shannon Saccocia, Virtus' Joe Terranova and Big Technology's Alex Kantrowitz.
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