3 presidents, celebrity performances and protester interruptions at Biden campaign’s $26M fundraiser

President Joe Biden was joined Thursday by two of his Democratic predecessors for a star-studded fundraiser at Radio City Music Hall that his campaign said brought in more than $26 million. Former Presidents Barack Obama and Bill Clinton participated in the event in New York with more than 5,000 supporters in attendance — including several protesters who interrupted the … Read more

Senator Ted Cruz Forces Amendment Into FAA Bill To Give Lawmakers Police Escorts Through Airports

Congress desperately needs to pass a bill to fund the Federal Aviation Administration for the next four years before a short-term funding extension runs out in May. It’s a big enough deal that even Republicans aren’t willing to roll the dice on whether or not air travel can safely continue without reauthorizing the FAA. That … Read more

Where and how the wealthy travel is changing

Heli-skiing on virgin snow in Antarctica for a cool $2.2 million. A polar bear safari in an “off-limits” area of Norway’s Svalbard for $300,000. How about tracking snow leopards in the Himalayas with renowned explorers for $100,000?  Big-ticket travel experiences like those are indicative of the “quiet luxury” trend which began in the world of … Read more

Biden to forgive $5.8 billion in student debt for nearly 78,000 borrowers

U.S. President Joe Biden announces a preliminary agreement with Intel for a major CHIPS and Science Act award, during a visit to the Intel Ocotillo Campus, in Chandler, Arizona, U.S., March 20, 2024.  Kevin Lamarque | Reuters The Biden administration announced on Thursday it would forgive $5.8 billion in student debt for 77,700 borrowers through … Read more

Here’s who may be eligible

President Joe Biden speaks about his economic plan at the Flex LTD manufacturing plant in West Columbia, South Carolina, on July 6, 2023. Sean Rayford | Getty Images Since the Biden administration’s first student loan forgiveness plan was rejected at the Supreme Court, it has been working on creating a new, legally viable relief package. … Read more

Biden has forgiven $136 billion in student debt

US President Joe Biden arrives to board Air Force One at Joint Base Andrews in Maryland, on August 15, 2023. Andrew Caballero-Reynolds | AFP | Getty Images It’s never been a better time to get rid of your student debt. Although President Joe Biden’s plans to cancel up to $400 billion in student debt for … Read more

Bond yields surging to highest level in decades: Jim Bianco

It’s a level not seen since George W. Bush was president. Wall Street forecaster Jim Bianco is predicting the benchmark 10-year Treasury note yield will hit 5.5% this year — its highest level since May 2001. A major part of his thesis is built on the economy’s strength and resiliency. “I don’t think the economy … Read more