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White House approves student loan forgiveness for 16 million people

Wirestock | Istock | Getty Images The U.S. Department of Education has “fully approved” more than 16 million people for federal student loan forgiveness and sent their applications to loan servicers, the Biden administration announced Friday. The administration gave a state-by-state breakdown of the number of borrowers who have applied …

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This ‘best job’ of 2023 pays at least $100K, doesn’t require a degree

A growing wave of layoffs might be sweeping through Silicon Valley, but the hottest job on the market right now is in tech: full-stack developer.  Full-stack developers claimed the top spot in Indeed’s annual ranking of the “best jobs” in the U.S., thanks to a strong 10-year outlook and increasing …

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Key Fed measure eased, spending also declined

Consumers spent less in December even as an inflation measure considered key by the Federal Reserve showed the pace of price increases easing, the Commerce Department reported Friday. Personal consumption expenditures excluding food and energy increased 4.4% from a year ago, down from the 4.7% reading in November and in …

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Metros where U.S. rent prices have dropped the most

Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee. benedek | iStock | Getty Images Despite broad hikes in rental prices, competition is easing in some U.S. markets as inventory grows, according to a new report from national real estate brokerage HouseCanary. At …

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Microsoft, ArcelorMittal back clean steel MIT spinout Boston Metal

Removing molten iron from a pilot scale facility at the Boston Metal facilities in Woburn, Mass. Photo courtesy Boston Metal The $1.6 trillion steel industry is the backbone of the modern world. It’s also a significant contributor to global warming, representing between 7% and 9% of global carbon dioxide emissions, …

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Dealing with a layoff? There’s a TikTok community for that

When Michelle Valera got a last-minute meeting request at work last week, she immediately whipped out her phone. She recorded herself on TikTok reading the email, sent from someone up the corporate ladder at her real estate marketing firm: “Michelle, I am scheduling this mandatory meeting to discuss an important …

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As recession fears loom, here’s what to do with your money to prepare

A woman shops for chicken at a supermarket in Santa Monica, California, on Sept. 13, 2022. Apu Gomes | AFP | Getty Images For those who fear a recession may be coming, the only question is when. Many economists and CEOs, in fact, expect a recession may be on the …

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House GOP study group is proposing changes to Medicare. What to know

Anna Moneymaker | Getty Images As congressional lawmakers in the House slog through the early stages of negotiating over the debt ceiling — the amount of money the U.S. government can borrow — there’s been concern that those discussions could include spending cuts to Medicare. However, House Speaker Kevin McCarthy, …

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In-demand contract positions that pay $16, $31 and even $48 per hour

One of the latest buzzwords in the work world is “quiet hiring.” That’s when an organization needs to hire for a new set of skills but in lieu of creating full-time positions finds contractors or encourages employees to upskill themselves, Emily Rose McRae, who leads Gartner’s future of work research …

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Stripe tells employees it will decide on an IPO within the next year

Stripe co-founder and CEO, Patrick Collison Manuel Blondeau | Getty Images Stripe, the fintech company once valued at $95 billion by private market investors, will make a decision on its plans to go public within the next year, CNBC has confirmed. Co-founders and brothers John and Patrick Collison told employees …

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