Andreypopov | Istock | Getty Images The Trump administration has identified more than 40,000 borrowers eligible for federal student loan forgiveness in January, a recent court filing revealed. More than 10,800 of the borrowers who qualified for the debt cancellation were enrolled in the U.S. Department of Education’s Income-Based Repayment Plan; another over 10,700 were…
Oil prices fell Tuesday after Iran’s foreign minister said progress was made during nuclear talks with the U.S., fueling hopes that negotiations could prevent another conflict in the Middle East. U.S. crude oil fell 56 cents, or 0.89%, to close at $62.33 per barrel. Global benchmark Brent lost $1.23, or 1.79%, to settle at $67.42….
The world’s biggest party is back as Carnival celebrations return to Brazil with glittery, outrageous costumes, samba rhythms ringing out until dawn and hundreds of raucous roaming parties flooding the streets. ___ This is a photo gallery curated by AP photo editors. <
All the free throws, the timeouts, the fouls and even a coach’s challenge made the end of Tuesday’s highly anticipated game between No. 1 Michigan and No. 7 Purdue felt somewhat anticlimactic, a sluggish march across the finish line. When the buzzer finally sounded — crystalizing the Wolverines’ 91-80 victory that keeps them firmly in…
A new global industrial cycle may have just kicked off — and investors should consider switching up their playbooks, according to Bank of America. The firm believes the best opportunities in the market are away from “crowded consensus themes.” “We suggest that the long-needed rebalancing of global industrial production and consumption is just beginning,” Jared…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story There’s nothing quite like the holiday rush in China for the Lunar New Year. The Beijing city streets start emptying out several days in advance…
Nvidia H100 chips inside a server room at the Yotta Data Services Pvt. data center, in Navi Mumbai, India, March 14, 2024. Dhiraj Singh | Bloomberg | Getty Images American AI chip darling Nvidia is expanding its partnerships in India, including with venture capital firms, as it bets on the country’s AI ecosystem that has…
Late-night host Stephen Colbert said his interview with Democratic Texas Senate candidate James Talarico was pulled from Monday night’s broadcast over network fears it would violate regulatory guidance from the Trump administration on giving equal time to political candidates. “He was supposed to be here, but we were told in no uncertain terms by our…
Acaden Lewis scored 21 points, including five in the overtime, as Villanova knocked off Xavier 92-89 on Tuesday night. Lewis also contributed seven rebounds, six assists, and four steals for the Wildcats (21-5, 12-3 Big East Conference). Tyler Perkins scored 17 points while going 6 of 15 from the floor and 4 for 5 from…
This market reminds me of 2023, when a prominent Wall Street analyst went all in on the impact of GLP-1s. I’m not going to name the analyst — just too vicious — but the gist of the report was that airline stocks could be winners from the soaring popularity of weight-loss drugs. The thinking? Lighter…
