DIRS.INFO The most relevant business & tech news

☆ Supreme Court rebuffs challenge to job protections for consumer watchdog leaders
▼ + stars: | 2024-10-21 | by ( ) www.cnbc.com time to read: +4 min

The Supreme Court is visible on July 29, 2024 in Washington, DC. In an op-ed in The Washington Post, U.S. President Joe Biden laid out his proposed reforms to the Supreme Court including 18 year term limits for Supreme Court Justices and a new code of ethics for the court ahead of a speech tonight at the Lyndon B. Johnson Presidential Library in Austin, Texas. Lawyers for Democratic President Joe Biden's administration had urged the Supreme Court to turn away the appeal, arguing that the plaintiffs lacked the required legal standing to sue the agency and that their claims are foreclosed by Supreme Court precedent. The current Supreme Court, with a 6-3 conservative majority, has taken an expansive view of presidential powers in recent years and has shown skepticism toward broad authority for federal agencies. This case gives the conservative justices a chance to rein in or depart from Humphrey's Executor.

Persons: Joe Biden, Lyndon, Joe Biden's, Jeremy Kernodle, Donald Trump, Kernodle's, Franklin Roosevelt's, Ted Cruz, Darrell Issa Organizations: Washington Post, Supreme, Johnson Presidential, The U.S, Consumers, Research, U.S . Consumer Product Safety Commission, Consumers ' Research, Democratic, Republican, Circuit, Appeals, U.S . Federal Trade Commission, Republican U.S Locations: Washington , DC, Washington, Washington Post , U.S, Austin , Texas, The, Texas, United States of America, New Orleans, United States

☆ Ukraine didn't get what it hoped for during Biden's Europe visit: Ensah Advisory Partners CEO
▼ + stars: | 2024-10-21 | 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 EmailUkraine didn't get what it hoped for during Biden's Europe visit: Ensah Advisory Partners CEOSyga Thomas, the CEO of Ensah Advisory Partners, discusses the latest in geopolitics, including U.S. President Joe Biden's visit to Germany, and the situation in Ukraine and the Middle East.

Persons: Syga Thomas, Joe Biden's Organizations: Ukraine, Biden's, Ensah, Advisory Partners Locations: Biden's Europe, Germany, Ukraine

☆ The election could be less of a market catalyst than people think, some investors say
▼ + stars: | 2024-10-21 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The U.S. presidential election is fast approaching, but it may not have as much an impact on markets as people may think, some investors say. History suggests the strong performance bodes well for a post-election pop into year's end. When Trump was elected in the 2016 presidential election, investors expected energy would perform well — but the subsequent two years proved unfavorable for the sector. During the 2000 election, volatility lasted for more than 30 days, through December. "We encourage investors to keep their long-term objectives in mind during periods of uncertainty and position for election related volatility," Guerra wrote.

Persons: Donald Trump, Kamala Harris, Trump, Harris, Sam Stovall, Stovall, Joe Biden's, Dan Chung, John Stoltzfus, Morgan Stanley, Morgan Stanley Wealth Management's Monica Guerra, Guerra, Ross Mayfield, Baird Organizations: U.S, NBC News, Republican, Dow Jones Industrial, CFRA, Oppenheimer Asset Management, Presidency, Senate, Republicans, Trump, Morgan Stanley Wealth

☆ Drug costs, abortion, Obamacare: How Trump and Harris could change U.S. health care
▼ + stars: | 2024-10-19 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +18 min

He said a Harris administration "will build on existing programs, increasing federal spending to make health care more affordable for people." Still, Socal said a Trump administration wouldn't have much flexibility to dismantle or scale back the law without change from Congress. The IRA extended enhanced subsidies that made ACA health plans more affordable for millions of households through 2025 — a provision Harris plans to make permanent if elected, her campaign said. A Democratic House or Senate would likely block any of Trump's sweeping changes to Medicaid, according to Altman. Vance this month also said a future Trump administration would defund Planned Parenthood.

Persons: Donald Trump, Kamala Harris, Trump, Drew Altman, Harris, KFF, Anna Moneymaker, Biden, Joe Biden's, Mariana Socal, Socal, didn't, Stephen Patrick, KFF's Altman, Nathan Posner, Altman, Bill Clark, Roe, Wade, Joe Raedle, Stacey Lee, Johns, Lee, mifepristone, Sen, JD Vance, Trump's, Vance, Nicholas Kamm Organizations: Democratic, U.S, U.S . Naval, Getty, Reuters, CNBC, Congress, The Commonwealth Fund, RAND, U.S . Department of Health, Human Services, Washington , D.C, Republicans, Johns Hopkins Bloomberg School of Public Health, Trump, wouldn't, Biden, Medicare, Emory University, Lawmakers, Affordable, ACA, Medicaid, Democrats, White, Anadolu, Social Security, Capitol, CQ, Inc, The New York Times, Siena College, PBS, Prime, Convention, Johns Hopkins Carey Business School, Republican Party, U.S . Senate, Food and Drug Administration, FDA, CNN, Afp Locations: Israel, Washington, U.S, Washington ,, Canada, Jacksonville , Florida, Ohio

☆ Trump judge's latest release of Jan. 6. evidence was heavily redacted. Here's what was included.
▼ + stars: | 2024-10-18 | by ( Natalie Musumeci | Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

A federal judge has released additional evidence against Donald Trump in his election interference case. The release follows a previously unsealed motion with new evidence against Trump by special counsel Jack Smith. Trump tried to delay the release of Friday's court documents until after the 2024 presidential election. The collection is related to special counsel Jack Smith's 165-page bombshell motion that included a trove of new evidence against Trump in the case. Advertisement"That's exactly what I did," Bowers told committee member Adam Schiff during the June 19, 2022 interview.

Persons: Donald Trump, Jack Smith, Trump, —, Tanya Chutkan, Jack Smith's, Smith, Brad Raffensperger, Chutkan, Mike Pence, Anna Moneymaker, Mike Pence's, Joe Biden's, Rusty Bowers, Ross D, Biden, Bowers, Adam Schiff, Bower's Organizations: Trump, Service, United States, Georgia, Prosecutors, Former Arizona, AP, Arizona House

☆ Gold climbs to record high as Hamas-leader death stokes geopolitical tensions
▼ + stars: | 2024-10-18 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Gold reached reached a new-all time high on Friday, topping $2,700 for the first time. Geopolitical tensions have been a driving force behind gold's record-setting rally in 2024. AdvertisementGold hit another record high amid simmering geopolitical unease in the Middle East. Futures climbed as much as 1% to $2,720 an ounce on Friday as the death of Hamas leader Yahya Sinwar late Thursday spurred renewed concerns of further geopolitical tension. According to analysts at ING, gold investors were responding to Israel's pledge to continue fighting, rather than de-escalate, per President Joe Biden's recommendation.

Persons: Gold, —, Yahya Sinwar, Joe Biden's, They've, Israel, Benjamin Netanyahu, Joe Biden, Alex Kutsikevich, there's Organizations: Service, ING, Traders, Reuters, UN Locations: Iran, Asia

☆ Kamala Harris defends her economic plan and insists she won't be more of Joe Biden in a tense interview with Fox News
▼ + stars: | 2024-10-17 | by ( Brad Davis | ) www.businessinsider.com time to read: +3 min

Host Bret Baier pressed Harris on a survey in which respondents said the US was on the wrong track. Harris touted her economic plans and said her presidency wouldn't be a continuation of Joe Biden's. AdvertisementKamala Harris faced off with Fox News host Bret Baier on Wednesday — and things got tense quickly. Harris said Trump's economic plan would "ignite inflation" and lead to a recession by the middle of next year. Related storiesBaier, who hosts "Special Report with Bret Baier," again cited the poll and pushed Harris to explain how she'd be different from Biden.

Persons: Kamala Harris, Bret Baier, Harris, wouldn't, Joe Biden's, —, Baier, Donald Trump, he'd, what's, Joe Biden, I'm, Harris didn't, Trump Organizations: Fox News, Service, Biden, Marquette Law, Trump, Republicans Locations: Mexico

WASHINGTON — A team of federal prosecutors led by special counsel Jack Smith said in a filing Wednesday that Republican presidential nominee Donald Trump bears responsibility for the Jan. 6 attack on the U.S. Capitol. In a filing responding to Trump's attempt to dismiss the case, Smith's team said it "is incorrect" for Trump's team to assert that the superseding indictment returned against Trump in August does not show that Trump bears responsibility for the events of Jan. 6. "Those allegations link the defendant’s actions on January 6 directly to his efforts to corruptly obstruct the certification proceeding," Smith's team wrote. Special counsel Jack Smith delivers remarks on an unsealed indictment against Trump on June 9, 2023. The latest filing comes after the Supreme Court's decision on presidential immunity gutted part of Smith's case against Trump.

Persons: WASHINGTON, Jack Smith, Donald Trump, Joe Biden's, Mike Pence, Pence, Chip Somodevilla, Trump, ”, Twitter —, ” Smith, Tanya Chutkan Organizations: U.S . Capitol, Trump, Washington , D.C, Capitol, Twitter Locations: Washington ,

Vice President and Democratic presidential candidate Kamala Harris arrives for a campaign event at the Dort Financial Center in Flint, Michigan, October 4, 2024. Kamala Harris on Wednesday distanced herself from President Joe Biden and bashed her Republican presidential rival Donald Trump in a heated interview with Fox News anchor Brett Baier. The 26-minute interview was focused heavily on the issue of immigration, and Harris again blamed Trump for killing a bipartisan bill aimed at addressing the crisis at the southern border. The interview was tense from the first exchange, when Baier repeatedly interrupted Harris' opening answer about immigration. I'm in the middle of responding to the point you're raising, and I'd like to finish," Harris said early on.

Persons: Kamala Harris, Joe Biden, bashed, Donald Trump, Brett Baier, Joe Biden's, Harris, Baier, Trump Organizations: Democratic, Dort Financial, Republican, Fox News Locations: Dort, Flint , Michigan

☆ Biden is going after corporate giants for being too big. Here's who he's targeted so far.
▼ + stars: | 2024-10-13 | by ( Katie Balevic | ) www.businessinsider.com time to read: +6 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "This is definitely a different agenda than previous presidents," Rebecca Allensworth, an antitrust expert at Vanderbilt University, told Business Insider. AdvertisementHere are some of the biggest companies Khan and Biden have targeted. "I think there's a reason why they have one big monopolization case, at least, against each of the four major American tech companies," Allensworth told BI.

Persons: Joe Biden's, Biden, —, Joe Biden, Rebecca Allensworth, Kamala Harris, Lina Khan, Khan, Rafael Henrique, Merrick Garland, Alain Jocard, Sundar Pichai, Justin Sullivan, Jeff Bezos, EMMANUEL DUNAND, WhatsApp, Allensworth, it's Organizations: Google, Apple, Meta, Microsoft, Service, Vanderbilt University, Big Tech, Federal Trade Commission, Nvidia, OpenAI, Department of Justice, The New York Times, FTC, Getty, Justice Department, Nation Entertainment, Prosecutors, DOJ, The, Department, Amazon, Tech, JetBlue, Spirit Airlines, Albertsons Companies Locations: OpenAI

☆ Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
▼ + stars: | 2024-10-13 | by ( Hugh Son | ) www.cnbc.com time to read: +18 min

Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024. The previous Trump administration didn't pursue those types of consumer protections. In contrast, Democrats, including Harris, have historically supported EVs and incentives such as those under the Biden administration's signature Inflation Reduction Act. Meanwhile, Harris, if elected, can build on existing efforts of the Biden administration to deliver savings to more patients, they said. Trump also led multiple efforts to repeal the Affordable Care Act, including its expansion of Medicaid to low-income adults.

Persons: Donald Trump, Kamala Harris, he's, Harris, Joe Biden's, Trump, Pete Buttigieg, Jonathan Kletzel, didn't, — Leslie Josephs Banks Big, JPMorgan Chase, Biden, Tobin Marcus, it's, Sen, JD Vance, they're, Lindsey Johnson, Hugh Son, Pablo Di Si, EVs, Joseph Spak, Harris hasn't, Mike Wayland, Drugmakers, Trump hasn't, Mariana Socal, Annika Kim Constantino, David Zaslav, John Malone, Time Warner, Simon, Simon & Schuster, Marc DeBevoise, Jonathan Miller, Elon Musk's, Musk, I'm, MAGA, I'm Dark MAGA, —, TikTok, — Lillian Rizzo, Alex Sherman, Michael Lynn, — Amelia Lucas Organizations: ABC, Getty, U.S, Trump, Treasury, Justice Department, Federal Trade Commission, Consumer Financial, Bureau, CNBC, The Biden Department of Transportation, Democratic, American Airlines, JetBlue Airways, Spirit Airlines, Industry, Boeing, JPMorgan, Securities and Exchange Commission, Currency, Federal Deposit Insurance Corporation, Biden, Wolfe Research, Bank, Republican, Bankers, Democratic Party, Consumer Bankers Association, Republicans, Volkswagen Group of America, Automotive News, Environmental Protection Agency, UBS, Mike Wayland Health, Commonwealth Fund, Medicare, Johns Hopkins Bloomberg School of Public Health, Annika Kim Constantino Media, Paramount Global, Skydance, Warner Bros, Discovery, Allen & Co, Sun, Media, Disney, Fox Corp, Time, Simon &, Random, MGM, FCC, Integrated Media, Twitter, Capitol, White, Lawmakers, Meta's Facebook, Alex Sherman Restaurants, National Restaurant Association, National Labor Relations Board, Social Security, Washington Post, Cornell University Locations: United States, PwC, JetBlue's, U.S, China, Ohio, Michigan, California

Simmons also wrote that the vice president eats a healthy diet and engages in regular daily aerobics and core strength training. Harris' last medical exam in April was "unremarkable," Simmons said, adding that all of her routine exams and bloodwork were "normal." The report noted Harris' skin was "normal apart from mild sun damage in sun-exposed areas." Presidential candidates typically release their medical records, and presidents tend to have annual exams. This is the first time Harris' medical records have been made public.

Persons: Kamala Harris, Joshua Simmons, she's, Simmons, Harris, Donald Trump, Bruce Aronwold, Trump, Joe Biden's, Biden, Sleepy Joe, ”, Sen, JD Vance, “, he’s Organizations: State, CBS, Trump, Fox News

☆ Harris’ doctor reports she’s in ‘excellent health,’ as her campaign looks to draw a contrast with Trump
▼ + stars: | 2024-10-12 | by ( ) www.cnbc.com time to read: +2 min

Vice President and Democratic presidential candidate Kamala Harris arrives for a campaign event at the Dort Financial Center in Flint, Michigan, October 4, 2024. Vice President Kamala Harris is in "excellent health" and "possesses the physical and mental resiliency" required to serve as president, her doctor said in a letter released Saturday that summarizes her medical history and status. As Harris' office released the medical report, her campaign highlighted recent media reports raising questions about Trump's health and mental acuity and his failure to provide information about health status and medical history. Since Biden was replaced on the ticket with Harris, Trump's own health has drawn more attention. Last November, Trump marked Biden's birthday by releasing a letter from his physician that reported the former president was in "excellent" physical and mental health.

Persons: Kamala Harris, Joshua Simmons, Harris, Republican Donald Trump, Trump, Simmons, Joe Biden's, Biden Organizations: Democratic, Dort Financial, U.S . Army, State, Republican, Trump Locations: Dort, Flint , Michigan

☆ Trump to propose new tax break on car loan interest
▼ + stars: | 2024-10-10 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Republican presidential nominee, former U.S. President Donald Trump, speaks at the Detroit Economic Club on October 10, 2024 in Detroit, Michigan. Donald Trump on Thursday will support making interest on car loans fully tax deductible, the latest in a suite of tax-cut promises the Republican presidential nominee has made in the weeks before Election Day. Trump, in a speech to the Detroit Economic Club, will compare the plan to an existing tax deduction on mortgage interest, according to excerpts provided beforehand by the Trump campaign. The plan "will stimulate massive domestic auto production, and make car ownership dramatically more affordable for millions of working American families," Trump will say. Trump has already voiced support on the campaign trail for a slew of other tax breaks, including ending taxation of service workers' tips and seniors' Social Security benefits.

Persons: Donald Trump, Trump, Kamala Harris, Harris, Joe Biden's, — Organizations: Detroit Economic Club, Detroit Economic, Democratic, Joe Biden's Department of Commerce, U.S, U.S . Constitution, Social Security, Wall Street Journal Locations: Detroit , Michigan, U.S ., U.S

The new nine-month Supreme Court term officially starts Monday, with the justices appearing in the courtroom to hear oral arguments. Major cases at the Supreme Court: U.S. v. Skrmetti — Challenge to state laws that ban gender-affirming care for trans teenagers. When the Supreme Court decided Bush v. Gore, its reputation took a hit but quickly rebounded. Republicans challenged those changes, but the Supreme Court never took up a case about the issue at the time. The Supreme Court has relatively few cases of consequence on the argument calendar so far.

Persons: WASHINGTON —, Donald Trump, Bush, Gore, George W, Joe Biden's, Nate Persily, Garland, Paxton, Richard Glossip's, Wade ., Clarence Thomas, Samuel Alito, Franita Tolson, Zack Smith, Robert F, Kennedy Jr, Jill Stein, Elena Kagan Organizations: Republican, Stanford Law School, NBC, Trump, Supreme, Coalition, . Oklahoma, Democratic, Wade, University of Southern California Guild School of Law, Heritage Foundation, Green Party, New York University School of Law Locations: Texas, ., Oklahoma, In Pennsylvania, Georgia, DeKalb County, Roe, New York, Nevada, Arizona

☆ America's trade war is coming for Gen Z's favorites
▼ + stars: | 2024-10-06 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +10 min

Many Gen Zers purchase cheap goods from the Chinese e-commerce companies Shein and Temu. The Biden administration is taking steps to make more Chinese imports subject to import fees. AdvertisementTwo of Gen Z's favorite shopping platforms for cheap goods could get more expensive in the near future. The trade provision, called "de minimis," allows US consumers to avoid paying these import fees on direct-to-consumer shipments of less than $800. However, import fees could vary by product.

Persons: Biden, —, Gen, Chad Schofield, wouldn't, it's, — Schofield, Kaziukėnas, Joe Biden's, Xers, Temu, Schofield, Donald Trump, Kamala Harris, Shein, he'd, Temu It's, they'd Organizations: Service Locations: Shein, China, Canada, Mexico

☆ Picking up extra jobs, canceling classes, and huddling in a Walmart: How North Carolina college students are navigating Hurricane Helene
▼ + stars: | 2024-10-05 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +8 min

Hurricane Helene has devastated communities in North Carolina. "There was a crowd of about 100, 200 students sitting in the middle of a Walmart in the tech department trying to call our parents," Nelson told Business Insider. AdvertisementAbby Nelson, a WCU student, had to huddle in a Walmart to call her parents after Hurricane Helene hit. AdvertisementAshley Wahlers and Asa Hoffman left UNC Asheville after Hurricane Helene hit the campus. Courtesy of Aly AndrewsRecovery efforts for Hurricane Helene continue.

Persons: Helene, —, Abby Nelson, Nelson, Nelson wasn't, Hurricane Helene, they're, That's, I'm, it's, Asa Hoffman, Ashley Wahlers, Hoffman, Wahlers, he's, he'll, she's, Aly Andrews, Andrews, Joe Biden's, Patrick Curry, Curry Organizations: North Carolina . College, Service, West Carolina University's, Walmart, Business, North, University of North, University of North Carolina Asheville, UNC Asheville, DoorDash, FEMA Locations: North Carolina, West Carolina, Illinois, University of North Carolina, Asheville, Chapel Hill, Hurricane, Yancey County

☆ Helene’s survivors shoulder catastrophic loss and destruction after storm leaves at least 213 dead
▼ + stars: | 2024-10-04 | by ( Elizabeth Wolfe | ) edition.cnn.com time to read: +10 min

Community volunteers carry gas at a relief area and community coordination center in Bills Creek, North Carolina, on Thursday. Melissa Sue Gerrits/Getty ImagesMen remove items from a fine arts business in Marshall, North Carolina, on Thursday. Melissa Sue Gerrits/Getty ImagesA volunteer helps clean out a flooded crawlspace under a home impacted by Hurricane Helene in Cruso, North Carolina, on Thursday. In North Carolina, guard members have been dropping in supplies from the air and airlifting people and pets to safety. President Joe Biden visits an area affected by Hurricane Helene in Keaton Beach, Florida, on Thursday.

Persons: Helene, Joe Dancy, CNN’s Laura Coates, ” Helene, Allison Joyce, Polly Trottenberg, Frank Matranga, ” Matranga, Melissa Sue Gerrits, Hurricane Helene, Jonathan Drake, Helene ., Jaclyn Rothenberg, we’re, Alejandro Mayorkas, Matranga, Joe Biden, ” Biden, Mandel Ngan, Joe Biden's, Tom Brenner, Eddie Hunnell, Hunnell, Phil Worth, Leslie, couldn’t, Phil, “, ” Hunnell, ”, Leslie Worth, “ Leslie, “ I‘d, CNN Hunnell, CNN’s Kayla Tausche, Sam Fossum, Haley Talbot, Sara Smart, Emma Tucker, Andy Rose, Steve Almasy Organizations: CNN, Hurricane, Community, Getty, US Transportation Department, Reuters Cell, National Guard, FEMA, Homeland, Reuters Local, Small, Republicans, SBA Locations: Virginia, Carolina’s Buncombe County, Asheville, tatters, Swannanoa , North Carolina, United States, North Carolina, South Carolina, Georgia, Florida, Tennessee, Bills, , North Carolina, AFP, Marshall , North Carolina, Cruso , North Carolina, Hurricane, Keaton Beach , Florida, Grassy Creek , North Carolina, Worth

☆ Inside the 24-hour legal whiplash that sent 30 million student-loan borrowers into limbo
▼ + stars: | 2024-10-04 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Millions of student-loan borrowers have faced legal whiplash over the past 24 hours. A Missouri judge blocked Biden from carrying out his broader debt relief plan just hours after receiving the case. The ruling came before the Education Department had even published the final rule for the debt relief. That's because the lawsuit argued the relief would hurt the revenue of student-loan company MOHELA, which is based in Missouri. Advertisement"The Department of Education is extremely disappointed by this ruling," a department spokesperson told Business Insider.

Persons: Biden, —, It's, Joe Biden's, Matthew Schelp, Donald Trump, Schelp, Biden's, hasn't, servicers, Andrew Bailey, Sen, Elizabeth Warren, Trump Organizations: Education Department, Service, GOP, MOHELA, Department, Department of Education, Republican, of, Higher, Missouri, else's Ivy League Locations: Missouri, Georgia, Eastern, of Missouri

The news is a particular blow to Vice President Kamala Harris, since the union was the first to endorse Joe Biden's presidential bid in 2020. In a statement, Edward A. Kelly, the union's president, said that the group's executive board voted on Thursday by 1.2% not to endorse. Both presidential campaigns made personal appeals to the union’s members at a convention in Boston in August, with Minnesota Gov. Last month, the Teamsters union, which represents over 1 million truck drivers, freight workers and others, also declined to endorse a presidential candidate. The AFL-CIO and the United Auto Workers union — which represent millions of workers combined — have each endorsed Harris this cycle.

Persons: Kamala Harris, Joe Biden's, Edward A, Kelly, Tim Walz, Ohio Sen, JD Vance, Harris, Biden, Trump, I’ll, Walz, Vance, Trump's, ” Vance, Matt, “ Organizations: International Association of Fire Fighters, Minnesota Gov, Ohio, Washington , D.C, WIN, Teamsters, AFL, United Auto Workers union, Trump Locations: U.S, Canada, Boston, Washington ,, Dayton , Ohio

President Joe Biden's student loan forgiveness program can proceed after a judge Wednesday let a temporary restraining order on the plan expire. He wrote that he would transfer the case to the U.S. District Court for the Eastern District of Missouri. The states that brought the lawsuit have argued that the administration’s rule that would mass-cancel student debt would be detrimental to income tax revenue. Biden laid out the revised plan in April after the Supreme Court nullified the administration’s original student debt forgiveness program in 2023. If the administration’s proposed rules are finalized this fall, it would bring the total number of recipients of student debt relief under Biden's tenure to 30 million, the Department of Education said in August.

Persons: Joe Biden's, Biden, Miguel Cardona, Randall Hall, Hall Organizations: GOP, Biden, Education, Miguel Cardona . U.S, District, Southern District of, Georgia, U.S, Eastern, of Missouri, Department of Education Locations: — Alabama, Arkansas, Florida, Georgia , Missouri, North Dakota, Ohio, Miguel Cardona ., Southern District, Southern District of Georgia, Georgia

☆ 30 million student-loan borrowers get bad news after a Trump-appointed federal judge officially blocks Biden from carrying out broader debt cancellation
▼ + stars: | 2024-10-03 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

A federal court in Missouri placed a preliminary injunction on Biden's broader student-debt relief plan. This ruling officially blocks the relief from being implemented pending a final legal decision from the court. Related storiesThe Education Department had previously intended to begin canceling student debt in October, and it has yet to post the final rule for the relief. Along with the lawsuits to block Biden's broader debt relief, his SAVE income-driven repayment plan is also blocked in court pending a final legal decision. An Education Department spokesperson told BI in a statement earlier on Thursday that it would continue to fight for the relief in court.

Persons: —, Matthew Schelp, Donald Trump, Joe Biden's, Schelp's, Biden, Schelp Organizations: Service, of, Higher, GOP, Education Department Locations: Missouri, Eastern, of Missouri, Georgia

☆ 30 million student-loan borrowers waiting for Biden's broader debt cancellation just got a lifeline in court
▼ + stars: | 2024-10-03 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

A federal judge in Georgia declined to block Biden's second attempt at broader debt relief. Instead, the judge ordered the case to be transferred to a federal court in Missouri. It could signal a lifeline for 30 million borrowers waiting for student-loan forgiveness. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementMillions of student-loan borrowers waiting for debt relief may have just been handed a lifeline.

Persons: —, Randal Hall, Joe Biden's, Hall, Biden's, MOHELA, Persis Yu, Southern District of Georgia — Organizations: Service, Higher, GOP, MOHELA, Missouri, Biden, An Education Department, Republican, Student, Protection, Brunswick Division, Southern, Southern District of Locations: Georgia, Missouri, Brunswick, Southern District, Southern District of Georgia

☆ VP debate highlights: The biggest moments from JD Vance's and Tim Walz's first and only faceoff
▼ + stars: | 2024-10-02 | by ( Bryan Metzger | John L. Dorman | ) www.businessinsider.com time to read: +15 min

Tim Walz and JD Vance are debating on Tuesday night for the first and only time. Tim Walz of Minnesota met on Tuesday night for the first and only vice presidential debate. Tuesday night's faceoff represents an opportunity for both Walz and Vance to introduce themselves to their biggest audience yet while reinforcing their respective running mates' campaign messages. AdvertisementWalz then pivoted to attacking Trump, saying that "a nearly 80-year-old Donald Trump talking about crowd sizes is not what we need in this moment." "I think it's important for us, first of all, to say Donald Trump and I support clean air, clean water.

Persons: Tim Walz, JD Vance, Trump, Harris, —, Sen, Joe Biden's, Kamala Harris, Donald Trump, faceoff, Walz, Vance, Israel —, YIKES, TZsI1jPjtK — Curtis Houck, Israel, " Walz, Hurricane Helene, They've, We're, mics, you've, PxZ4nmphNW — Aaron Rupar, who've, Rochester , Minnesota —, I've, IpXc26KOBx, Gus, Tim, We've, we've, Usha, Hillary Clinton, Vladimir Putin, It's, Donald Trump's, Mike Pence Organizations: Service, Ohio, Gov, Trump, Biden, Republicans, Mayo Clinic, CNN, CBS, Buckeye State, Democratic, Facebook Locations: Minnesota, Iranian, Israel, Iran, Gaza, United States, Ohio, Hurricane, Tennessee, North Carolina, Mexico, Springfield, Rochester , Minnesota, China, Hong Kong, Asia

☆ Tim Walz hammers JD Vance over the ramifications of the Capitol riot: 'Jan. 6 was not Facebook ads'
▼ + stars: | 2024-10-02 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Tim Walz and Sen. JD Vance had a sharp exchange regarding the January 6, 2021, riot. Vance declined to state whether Trump lost the 2020 race and brought up Facebook, which Trump has repeatedly criticized. Tim Walz and Sen. JD Vance of Ohio defended their running mates on everything from climate change to inflation. During the debate, Walz was incredulous after Vance refused to say that Trump lost the 2020 election. During the debate, Vance pivoted from January 6 to rail against what he said was censorship from Harris regarding online misinformation.

Persons: Tim Walz, Sen, JD Vance, Walz, Trump, Biden's, Vance, —, Ohio, Donald Trump, Mike Pence —, Joe Biden's, didn't, Hillary Clinton —, " Walz, Mark Zuckerberg, Harris, Zuckerberg Organizations: Facebook, Service, Minnesota Gov, Trump, Democratic, GOP, Republicans, House Republicans, New York Times Locations: Minnesota, Arizona, Pennsylvania, Ohio

Search resuls for: "Joe Biden's"

25 mentions found