Fg Trade | E+ | Getty ImagesA popular student loan forgiveness program, Public Service Loan Forgiveness, has always had its problems.But borrowers pursuing PSLF have faced some especially challenging changes of late that have made it harder — if not impossible — to access the relief.PSLF, which President George W. Bush signed into law in 2007, allows many not-for-profit and government employees to have their federal student loans canceled after a decade of payments.Here are three challenges impacting PSLF borrowers, and what you can do about them.1. Eligibility may change under TrumpPresident Donald Trump signed an executive order on March 7…
Author: usaeverydaylife
Disney shares are under pressure Wednesday after the entertainment giant reported mixed quarterly results. We think it’s an opportunity. Revenue in the three months ended June 28 increased 2% year over year to $23.65 billion, missing expectations of $23.73 billion, according to LSEG. Adjusted earnings per share (EPS) in the fiscal 2025 third quarter totaled $1.61, outpacing the LSEG consensus of $1.47. On an annual basis, adjusted EPS jumped 16%. The stock dropped more than 3% in early afternoon trading. Shares entered the day up a little over 6% year to date, slightly trailing the S & P 500. .SPX…
Apple CEO Tim Cook speaks during the Apple Worldwide Developers Conference (WWDC) on June 09, 2025 in Cupertino, California. Justin Sullivan | Getty Images News | Getty ImagesApple shares popped 5% Wednesday, ahead of an Oval Office event touting an update to the company’s stated plans to spend and invest in the U.S.CEO Tim Cook will join President Donald Trump for the announcement set for 4:30 p.m. ET.Apple will up its previous commitment, made in February, from $500 billion to $600 billion over the next four years, a White House official told CNBC. It will also announce a new manufacturing…
Packages of M&M’s milk chocolate candy are stacked at a Costco Wholesale store on July 12, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty ImagesCandy maker Mars said Wednesday it’s partnered with biotech company Pairwise to speed up the development of more resilient cocoa using CRISPR-based gene editing technology.The agreement gives the M&M’s maker access to Pairwise’s Fulcrum platform, which includes a library of plant traits, and gives Mars the ability to tailor its crops to be stronger and more sustainable.CRISPR is a gene editing tool that makes fast and precise changes to DNA. In…
Check out the companies making the biggest moves midday: Apple — The iPhone maker gained more than 5% after a White House official confirmed the company would invest another $100 billion in the U.S. That would bring Apple’s total U.S. investment over the next four years to $600 billion . Grocery Outlet — The discount grocery store rallied 38% after the company reported second-quarter earnings that beat the Street. Grocery Outler earned 23 cents per share, excluding items, beating a FactSet consensus of 17 cents per share. Full-year earnings guidance also topped estimates. Bloomin’ Brands — The restaurant chain plunged…
Bank of America sees MP Materials as an “unmatched vehicle” for exposure to rare earths, significantly increasing its earnings estimates on the back of the miner’s recent deal with the Defense Department. The bank hiked its price target for MP ahead of the company’s second-quarter financial results Thursday. It now sees MP shares rising to $78, indicating about 14% upside from Tuesday’s close of $68.39. Its previous target stood at $42. MP shares have more than doubled since the Defense Department agreed on July 10 to buy a $400 million stake in the company, set a price floor for rare…
File: Barracks called One Plus One and used by U.S. Army 3rd Infantry Division in Fort Stewart, Georgia.Stephen Morton | Getty ImagesFive soldiers were shot Wednesday after an active shooter opened fire at Fort Stewart military base in east Georgia, the Army said.The shooter has been “apprehended” by law enforcement and there is currently no active threat to the community, according to a post from the fort’s verified Facebook account.All of the soldiers were “treated on-site and moved to Winn Army Community Hospital for further treatment,” the post said.The base, less than an hour’s drive from Savannah, was locked down…
Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesMatch Group shares popped more than 10% on Wednesday after the online dating company issued upbeat guidance and said new products are showing promise as it attempts to turnaround its business.The Dallas-based company said it expected revenues between $910 million and $920 million in the current quarter, beating a $890 million estimate from analysts polled by FactSet.”We are operating like a company that is just getting started, and we believe the best chapters of the category and company are still ahead,” said CEO Spencer Rascoff during an earnings call Tuesday. “We are moving with urgency, we are obsessed with the product…
Technicians stand next to an oil rig which is manufactured by Megha Engineering and Infrastructures Limited (MEIL) at an Oil and Natural Gas Corp (ONGC) plant, during a media tour of the plant in Dhamasna village in the western state of Gujarat, India, August 26, 2021. Amit Dave | ReutersU.S. President Donald Trump added further pressure to India on Wednesday by bumping up tariffs to 50% — but calls for India to immediately stop buying Russian oil could cause global crude prices to spike, industry sources told CNBC.Trump has accused India of “fueling” Russia’s war machine and said the country is…
Stock-picking hedge funds climbed modestly in July, in line with the broader market, but their positioning has turned more cautious with the S & P 500 sitting near a record high. Global fundamental long-short hedge funds returned 1.5% in July on an asset-weighted basis, bringing their year-to-date gains to 7.8%, according to data from Goldman Sachs prime brokerage. Managers piled into individual stocks for a third straight month to ride the market’s resilient bull run, the data showed. Still, hedge funds were net sellers of technology stocks in July and bought defensive companies for the third month in a row,…
