Interest on „unsubsidized“ federal student loans typically accrues for current students and during periods of deferment — but not during the payment pause.
Kategorie-Archiv: CNBC Financial News
UAE crypto scammer sentenced to 8 years in prison for multimillion dollar fraud scheme
Olalekan Jacob Ponle, or Woodberry, already surrendered 15 bitcoin and will pay a further $8 million in restitution and forfeit a variety of high-end cars.
Stocks making the biggest moves premarket: Carvana, Joby Aviation, Goldman Sachs, Interactive Brokers and more
These are the stocks posting the largest moves in early trading.
China says foreign trade faces ‚extremely severe‘ situation, blames geopolitics for slump
China’s Commerce Ministry on Wednesday said non-economic factors were growing and interfering with trade.
UK inflation rate slides to 7.9% in June, below expectations
U.K. inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually.
Goldman Sachs misses on profit after hits from GreenSky, real estate
Costly write-downs and a continued Wall Street slump weighed on Goldman Sachs results this quarter.
Carvana shares jump more than 30% on deal to reduce debt by $1.2 billion
Carvana said the agreement will eliminate more than 83% of Carvana’s 2025 and 2027 unsecured note maturities and lower its required cash interest expense.
Critical chip firm ASML, caught in China export restrictions, posts 38% rise in profit
ASML said second-quarter net profit totaled 1.9 billion euros ($2.1 billion), marking a 37.6% year-on-year rise.
Twitter laid off most of its workers in Africa last year. They say they’ve been ignored and left without severance
Former Twitter employees in Ghana have been left without severance and have not heard from the company for three months, sources told CNBC.
Is Biden’s $39 billion student loan forgiveness action legal? ‚Be assured it’s going to stay,‘ says expert
The White House announced $39 billion of debt forgiveness for student loan borrowers Friday. The move would likely withstand legal scrutiny, said experts.