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Monthly Archives: April 2023

Who qualifies for $6 billion student loan class-action settlement

Daniel De La Hoz | Istock | Getty Images The Supreme Court last week declined to block a class-action lawsuit brought by student loan borrowers who say they’ve been defrauded by their schools. Now, the U.S. Department of Education will be able to continue delivering on a $6 billion in …

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Crypto stablecoins might need limits, warns Bank of England

The entire stablecoin market is now worth more than $160 billion. Justin Tallis | AFP via Getty Images Regulators may need to introduce limits on the use of stablecoins in payments to prevent potential threats to financial stability, an official at the Bank of England warned Monday. “The Bank of …

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GOOGL, SCHW, STT, MRNA, ENPH

People walk near the Google offices on July 04, 2022 in New York City. John Smith | View Press | Getty Images Check out the companies making headlines in midday trading. State Street, M&T Bank – Shares of State Street dropped 11% after the company posted disappointing earnings and revenue. …

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Alphabet stock dips on report Samsung phones may use Microsoft Bing search

Jakub Porzycki | Nurphoto | Getty Images Alphabet shares slumped more than 3.5% on Monday morning after The New York Times reported Samsung is considering ditching Google as the default search engine on its phones in favor of Microsoft‘s Bing. Shares of Microsoft were up about 1%. Google pays billions …

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Travel costs are ‘off the charts,’ experts say. Here’s how to save

D3sign | Moment | Getty Images Some aspects of travel are pricier than ever amid pent-up demand. “The big cities and the popular [international] destinations — Paris, Rome, Madrid, Lisbon, Milan — those are off the charts,” Sofia Markovich, a travel advisor and founder of Sofia’s Travel, said of trip …

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Look for these ‘green flags’ before taking a 4-day workweek job

There’s never been a better time to try to find a job with a four-day workweek. The share of companies offering a four-day workweek reached the 10% threshold for the first time last year, according to a recent Payscale report. Global trials tout its benefits for workers and businesses, and lawmakers are …

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EU lawmakers call for rules for general purpose AI tools like ChatGPT

Ursula von der Leyen (CDU, member of the EPP group), President of the European Commission, addresses the European Parliament, May 4, 2022. Philipp von Ditfurth | Picture Alliance | Getty Images A group of a dozen lawmakers for the European Union called for a new set of rules to regulate …

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GM Buick Envista is the brand’s last new gas-powered vehicle

2024 Buick Envista Avenir GM DETROIT – General Motors on Monday revealed the last new gas-powered Buick vehicle ahead of the brand’s transition to an all-electric domestic lineup by 2030. The final new traditional nameplate for the brand will be the 2024 Buick Envista, a small crossover that has the …

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NYC is trying to fix the accountant shortage by tapping high schoolers

Accounting firms are facing a significant staffing shortage. Between the long hours, stressful deadlines and unflattering stereotype, more people are quitting the profession then going into it. Instead, students straight out of college are choosing to pursue careers in related fields like investment banking, consulting or data analysis. The additional …

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From GE to Siemens, wind energy hopes its crisis is about to end

MOUNT STORM, WEST VIRGINIA – AUGUST 22: Turbines from the Mount Storm Wind Farm stand in the distance behind the Dominion Mount Storm power station August 22, 2022 in Mount Storm, West Virginia. The wind farm includes 132 2-megawatt Gamesa G80 wind turbines along 12 miles of the Allegheny Front. …

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