Author: News Room

A federal judge on Wednesday set back Republican efforts to thwart President Biden’s student loan bailout, allowing the government to proceed with his debt cancellation plan weeks before the November election.  U.S. District Judge Randal Hall of Augusta removed Georgia from a lawsuit brought by seven Republican-led states against the Biden administration after he determined the Peach State lacked standing to sue over the loan forgiveness action. The judge said Georgia had failed to show it would be harmed by the administration’s plan to eliminate $73 billion in student loan debt held by tens of millions of Americans.The decision came…

Attitudes about the obligation to provide care for an aging parent in failing health vary. In some families, there is an unspoken expectation that it is the daughter’s job to provide this care, despite the fact that there is no legal obligation for any particular person to do so. Rarely does the son or son-in-law of the elder step in and volunteer to do the work. There are exceptions, but most caregivers are women in these situations. Here at AgingParents.com, where we consult with families, we see the daughter or daughter-in-law simply taking leadership and stepping in to do the…

Oklahoma is soliciting bids for Bible suppliers to provide their wares for the state’s education department – and the specific requirements fit Bibles endorsed by former President Donald Trump. The Bible parameters laid out in the state superintendent for public instruction’s request for proposals (RFP)– including containing the Pledge of Allegiance and the Declaration of Independence – are a match for musician Lee Greenwood’s God Bless the USA Bible. The RFP requirements also say that the Bibles must have the Old and New Testaments, and include copies of the US Constitution. According to Oklahoma Watch, the parameters for the bid…

Rachel Reeves has vowed to “invest, invest, invest” as she prepares to ramp up borrowing to fund a multibillion-pound capital programme at this month’s Budget.But the UK chancellor also sought to assure jittery markets, telling the Financial Times she would install “guardrails” and was not in “a race to get money out of the door”.“It’s about making prudent, sensible investments in the long term and we need guardrails around that,” she said.In an interview, Reeves also indicated higher taxes would help fill a £22bn hole she has identified in the public finances and take pressure off government departments, some of…

This article was written byFollowBrian Gilmartin, is a portfolio manager at Trinity Asset Management, a firm he founded in May, 1995, catering to individual investors and institutions that werent getting the attention and service deserved, from larger firms. Brian started in the business as a fixed-income / credit analyst, with a Chicago broker-dealer, and then worked at Stein Roe & Farnham in Chicago, from 1992 – 1995, before striking out on his own and managing equity and balanced accounts for clients. Brian has a BSBA (Finance) from Xavier University, Cincinnati, Ohio, (1982) and an MBA (Finance) from Loyola University, Chicago,…

Chrysler parent Stellantis filed a federal lawsuit against the United Auto Workers, saying the union has violated its contract by threatening to strike over the company’s delays in planned investment. The automaker filed the suit on Thursday asking the US District Court in the Central District of California to declare the decision by UAW Local 230 in Los Angeles to take a strike authorization vote violates terms of the contract reached last fall. Stellantis seeks to hold the UAW and the local union chapter liable for any potential revenue loss and other damages resulting from lost production due to any strike. On Thursday, a supermajority…

When Jyoti Bansal made “the hardest decision” of his career — selling his software startup AppDynamics for billions — he did it with his employees in mind.In 2017, AppDynamics was days away from going public when communications tech giant Cisco swooped in and offered to buy the business for $3.7 billion. As the startup’s founder and chairman, Bansal would’ve become wealthy either way — but only one of his two options guaranteed the same for many of his staffers, he says.Upon Bansal’s acceptance of the offer, roughly 400 AppDynamics employees saw their shares of the company rise in value to…

Transportation Secretary Pete Buttigieg spoke directly to Elon Musk Friday on the billionaire’s X platform, part of an effort to counter false conspiracies about federal disaster aid for victims of Hurricane Helene that Musk spread on X, where his follower count stands over 200 million.”No one is shutting down the airspace and FAA doesn’t block legitimate rescue and recovery flights,” wrote Buttigieg. “If you’re encountering a problem give me a call.”Buttigieg was replying to a post from Musk that falsely claimed the Federal Aviation Administration was shutting down airspace in the disaster zone and “throttling” flights transporting supplies.An FAA spokesperson…

A federal judge in Missouri on Thursday temporarily blocked President Biden’s student loan handout just one day after a judge in Georgia had permitted the plan to move forward. U.S. District Judge Matthew Schelp snatched the win from the Biden administration in response to a request from six Republican state attorneys general who have challenged the White House’s effort.Schelp, an appointee of Republican former President Trump, issued a preliminary injunction blocking the Biden administration from “mass canceling” student loans and waiving principal or interest under the plan pending the outcome of the states’ lawsuit. The ruling came down after U.S. District…

The golden years are something to anticipate. Life is expected to become easier and less complicated with time for family, traveling, and hobbies becoming attainable. A comfortable retirement is part of the American dream; however, this dream has a price tag and the burden of saving for retirement luxuries has fallen to the individual. Each generation, and every individual person, faces different issues in accumulating retirement savings including the lack of employer sponsored plan options, failure to start saving until later in life, and a general lack of retirement funding. At the heart of these matters is an overwhelming degree…