U.S. President Joe Biden delivers remarks during the Tribal Nations Summit at the Department of the Interior in Washington, D.C., U.S., December 9, 2024. Elizabeth Frantz | ReutersThe Biden administration has withdrawn two major plans to deliver student loan forgiveness.The proposed regulations would have allowed the secretary of the U.S. Department of Education to cancel student loans for several groups of borrowers, including those who had been in repayment for decades and others experiencing financial hardship.The combined policies could have reduced or eliminated the education debts of millions of Americans.The Education Department posted notices in the Federal Register on Friday that…
Author: usaeverydaylife
Giannis Antetokounmpo has a theory.After playing in a nationally televised game on Christmas Day for the past six seasons, the Milwaukee Bucks will not be playing this Christmas. Given a chance to contemplate why the Bucks were not one of the 10 teams invited to the NBA’s biggest regular-season party this year, the Bucks’ eight-time All-NBA forward believes he has it figured out.“I’m a little bit upset or kind of questioning it,” Antetokounmpo told The Athletic. “But I really believe there’s probably an algorithm that takes place within the NBA that shows who is the most attractive team or which…
During the holiday season, the travel industry is front of mind, and not always in the best light as we all suffer inevitable travel delays. Nevertheless, travel stocks have staged a big comeback after trending lower for several months this year. The VettaFi Global Travel Index bottomed in August and lifted about 35% before pulling back to short-term oversold territory last week. American Airlines (AAL) has exhibited upside leadership within the sector, having roughly doubled since its August low and having advanced from a long-term basing phase. The stock captured positive intermediate-term momentum after holding up near the 2020 Covid-19…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Andy Baehr of CoinDesk Indices discusses the proper allocation size for crypto in a diversified portfolio. Source link
SALT LAKE CITY — Nick Bjugstad walked out of a meeting with the Utah coaching staff following Friday’s morning skate still in full uniform when somebody yelled, “Five minutes ‘til the first bus!”“I can do it,” Bjugstad, in his 13th season, yelled back while laughing as he began to strip out of his gear.But when he realized a Utah TV reporter wanted to grab him for an interview in advance of the club’s game against the Wild and he had also committed to doing a quick radio hit with the local Minnesota sports station, Bjugstad — the epitome of ‘Minnesota…
Investors looking for income in 2025 should still find attractive yields in corporate bonds. Investment-grade corporates saw their credit spreads tighten this year, making them expensive. However, many on Wall Street believe they remain a good place to put money to work. “We believe the combination of a return of yield relative to the last cycle, sound corporate fundamentals, and a Fed committed to extending the U.S. economy’s expansion, could enable investors to earn attractive income across fixed income spread sectors like corporate and securitized credit,” Goldman Sachs Asset Management said in its 2025 outlook. “Investment grade bonds stand out…
The Amazon warehouse strikes are the latest supply chain headwind facing companies this holiday season, and labor battles — which have been a prominent feature of trade disruptions this year — will contribute to “another year of disruption” for global shipping in 2025. The worker actions at Amazon organized by Teamsters union members come just weeks ahead of another possible strike by dock workers at 36 ports up and down the U.S. East and Gulf Coast.”The year-over-year 280% increase in strike activity seen in 2023 didn’t slow down last year and we didn’t expect it to,” said Mike Short, president of…
David Yost has been coaching quarterbacks at college football’s highest level since 1996.His method of evaluating the sport’s most important position has not changed much over the years.The former offensive coordinator at FIU, Texas Tech, Utah State and Missouri has a checklist he uses to identify players he would like to coach.Does the height and weight match what is listed? Does his athleticism match my team’s needs? Can I live with the way the ball gets released from his hand? Does he complete deep passes? What’s changed over time for Yost is the importance he’s put on accuracy and the ability…
Sdi Productions | E+ | Getty ImagesThe U.S. job market has undergone a dramatic transformation in recent years, from one characterized by record levels of employee turnover to one in which there is little churn.In short, the “great resignation” of 2021 and 2022 has morphed into what some labor economists call the “great stay,” a job market with low levels of hiring, quits and layoffs.”The turbulence of the pandemic-era labor market is increasingly in the rearview mirror,” said Julia Pollak, chief economist at ZipRecruiter.How the job market has changedEmployers clamored to hire as the U.S. economy reopened from its Covid-fueled…
Anyone who’s been on a diet can likely relate: Those first lost pounds are met with a sense of euphoria. The voice inside one’s head screams: “I’ve got this!” But then, it inevitably becomes a slog. The initial novelty wears off, and the real work begins. Investors may see a parallel to the initial elation around Novo Nordisk ‘s Wegovy and Eli Lilly ‘s Zepbound. The drugs, which mimic incretin hormones such as GLP-1 and GIP to control blood sugar, suppress appetite and aid weight loss, offering patients the promise of results that approach the levels seen by bariatric surgery.…
