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Double moratorium period to 6 mths, provide credit guarantee for MSME loans: IBA to RBI
Based on the representation made by various industry associations, a detailed and comprehensive li…
PTI
Home loans will remain cheap for a little longer
It is an icing on the cake for people looking to buy a house on equated monthly installments (EMI).…
Biden seems closer than ever to deciding on student-loan forgiveness — and Republicans are worried it might actually happen
Biden made clear that a decision on student-loan forgiveness would be made in the coming weeks. Rep…
Ayelet Sheffey
A bright spot in the economy is at risk as 30 million Americans face student loan payments for the first time since the pandemic
Insider's Phil Rosen breaks down the latest in financial markets, including how consumer spending c…
Phil Rosen
Biden reportedly told lawmakers he's looking for ways to forgive most federal student debt
Biden told Congressional Hispanic Caucus members he's looking at forgiving most student debt, per C…
Ayelet Sheffey
I'm a landlord with 24 properties. We're suffering during Biden's eviction ban, too, and no one is helping.
The US eviction moratorium now lasts through Oct. 3. It "ties the hands of hardworking landlords li…
Jamie Killin
Mitch McConnell slams Biden's student-loan payment pause extension: 'We ought to remind people that we all pay our debts'
"This administration just can't seem to get their act together on the economy," McConnell told Fox …
Ayelet Sheffey
Student-loan borrowers will likely have to pay off their debt 'at some time' during the Biden administration, the White House says
After extending the student-loan-payment pause, Psaki told Fox News that Joe Biden will "continue t…
Ayelet Sheffey
Congress isn't satisfied with Biden's extension of the student-loan payment pause — Democrats want more, and the GOP wants less
The GOP said the extra relief would cost taxpayers and hurt the economy. Democrats don't see why Bi…
Ayelet Sheffey
The good news is, only old office buildings are doomed. The bad news is, that's 70% of them.
To battle remote work, companies are moving into fancy offices. That's good news for employees — an…
Daniel Geiger
Extending the student-loan payment pause is 'outrageous', a top GOP lawmaker says — and she's worried it's 'setting the stage for blanket loan forgiveness'
Having long argued against continued broad student-loan relief, it's no surprise that Rep. Virginia…
Ayelet Sheffey
Biden administration rolls out 60-day targeted eviction ban aimed at protecting millions of renters from losing their homes
The temporary ban would expire on October 3 to give renters more time to tap into an emergency reli…
Joseph Zeballos-Roig
'Don't discount the RBI' — that and other top highlights of RBI governor Shaktikanta Das speech
India's central bank chief Shaktikanta Das assured markets that the regulator will take step to boo…
Shrinking car and two-wheeler sales is now hurting India’s biggest private bank
Shrinking retail loans was the primary reason for investor disappointment. Now, the lack of borr…
Student-loan borrowers are fighting for debt forgiveness in court, but Biden's Education Department continues to oppose their requests
"It's outrageous that other people get to declare bankruptcy but students can't," Sen. Chuck Schume…
Ayelet Sheffey
Extending the student-loan payment pause is 'a terrible idea' and lets college graduates 'avoid paying their debts,' GOP Senator Tom Cotton says
"There's no free lunch," Cotton said last week, as many Democratic lawmakers continue to push for b…
Ayelet Sheffey
A year without student loans: What the past 12 months of halted payments have meant for borrowers across the country
It's been more than a year since the US announced temporary relief measures for student loan borrow…
Erin Snodgrass
A majority of people want the student-loan payment pause extended through the end of 2022, poll finds
Biden extended the student-loan payment pause through May 1, but 59% of people recently polled supp…
Ayelet Sheffey
Biden supports canceling $10,000 in student loan debt, but Democrats are calling on him to forgive $50,000 through executive action
"We are not going to let up until we accomplish it," Senate Majority Leader Chuck Schumer said. "It…
Oma Seddiq
India’s $5 trillion dream needs more than just interest rate cuts
Be it Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman, Home Minister and party he…