The Biden administration’s overhaul of a largely moribund student debt forgiveness program…
Student-Loan Forgiveness for Public-Service Workers Totals $8.1 Billion Since October
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Domestic Politics
75 posts
After Roe v. Wade Ruling, Employers Weigh In on Abortion and Benefits—Cautiously
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Winning Lawyers in Supreme Court Gun Case Leave Firm
Updated June 23, 2022 8:42 pm ET Listen to article (2 minutes)…
Biden Administration Agrees to Cancel $6 Billion in Student Debt Over Fraud Claims
The Biden administration has reached a settlement with more than 200,000 students…
Fed Chair Jerome Powell Says Higher Interest Rates Could Cause a Recession
Federal Reserve Chairman Jerome Powell said the central bank’s battle against inflation…
Facebook Parent Meta Pulls Out of Sponsorship Deal for U.S. 250th Anniversary Project
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European Parliament Backs Broader Carbon Border Tax
The European Parliament approved legislation to tax imports based on the greenhouse…
Facebook Parent Meta Agrees to End Alleged Discriminatory Practices in Housing Ads
WASHINGTON—Facebook parent Meta Platforms agreed Tuesday to adopt new online advertising practices…
Yellen Says Fed Can Combat Inflation Without Unemployment Increasing Significantly
MISSION, S.D.—Treasury Secretary Janet Yellen said she thought the Federal Reserve’s efforts…
Biden Expected to Call for Temporary Federal Gasoline Tax Suspension
WASHINGTON—President Biden is planning to call for a temporary suspension of the…
The Science Behind Biden’s Plan to Reduce Nicotine in Cigarettes
Fifteen years ago, a group of scientists, government officials and tobacco control…
Supreme Court Declines to Hear Bayer Appeal on Roundup
The high court’s decision not to hear case leaves German conglomerate exposed…
Biden Says He Is Near Decision on Backing Federal Gasoline-Tax Holiday
WASHINGTON—President Biden said Monday that he may make a decision on seeking…
Starbucks’s Head of North America Departs Company
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U.S. Economic Growth Shows Signs of Slipping
The U.S. economy is starting to slow under the combined weight of…
Prices for New Homes in China Slide Further
A decline in Chinese new-home prices accelerated in May, despite efforts by…
Fed Raises Rates by 0.75 Percentage Point, Largest Increase Since 1994
The Federal Reserve approved the largest interest rate increase since 1994 and…
U.S. Retail Sales Declined 0.3% in May
Americans’ retail spending declined in May, as consumers felt the pinch from…
U.S. Supplier Price Gains Accelerated in May
U.S. suppliers’ prices rose in May amid higher food and energy costs,…
Lawmakers Make Bipartisan Push for New Government Powers to Block U.S. Investments in China
Congress is pressing ahead with legislation that could rewrite the rules for…