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Navient to Forgive $1.7B in Loans Under Settlement Over Predatory Lending

USA - January 14 2022 Former top student loan servicing giant Navient has "reached a $1.85 billion deal with 39 states to settle claims that it had made predatory loans…

CPI Hits Predictions, Rises 7% in December

USA - January 13 2022 Consumer Price Index numbers out on Wednesday hit economists' expectations, an increase of 7% as compared to a year earlier. Though the figure was…

Fed Chair Pledges to Raise Rates to Fight Inflation

USA - January 12 2022 The latest from Fed Chair Powell's first day of confirmation hearings, including the expected news that the central bank is prepared to raise interest…

Fed Vice Chair Resigns in Wake of Trading Scandal

USA - January 11 2022 Fed Vice Chair Richard Clarida is heading to the door earlier than planned in what appears to be continuing fallout from 2020 trades he made "as the…

December Jobs Report Expected to Cap Year of Record Growth

USA - January 7 2022 Jobs Report Friday! Here's what we're looking for in the numbers, including a possible rebound from November's lower-than-expected figures. Note that…