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States Can Sue Federal Student Loan Servicers, Education Department Says

Mon, 08/09/2021 - 21:29
The move reverses a Trump administration policy aimed at sheltering the department’s contractors from state oversight.

Text Memes Are Taking Over Instagram

Mon, 08/09/2021 - 20:38
Fueled by Gen Z, text-heavy meme posts, often paired with nonsensically unrelated pictures, are turning the photo and video app into a destination for written expression.

Jeffrey Epstein Victims Fund Paid Out About $121 Million

Mon, 08/09/2021 - 20:35
The administrator of the fund said she wanted to approve the final awards before Tuesday — the second anniversary of Mr. Epstein’s death.

Debt Limit Must Be Raised, Janet Yellen Warns Congress

Mon, 08/09/2021 - 19:41
Ms. Yellen’s letter to Congress was her third warning. Last week, she told lawmakers that she was beginning to use extraordinary measures to delay a default.

Samsung's De Facto Leader, Imprisoned for Bribery, Will Be Paroled

Mon, 08/09/2021 - 19:37
South Korea has been divided over the release of Lee Jae-yong, who has served 60 percent of his two-and-a-half-year prison term.

This Is a Terrible Time for Savers

Mon, 08/09/2021 - 19:01
In an upside-down world of financial markets, expected returns after inflation are at record lows.

The Stigma of a Scarlet E

Mon, 08/09/2021 - 18:53
Eviction cases — called Scarlet E’s — are a stubborn blot on a renter’s history. Piecemeal privacy legislation in some states may not be enough to protect millions of struggling tenants.

Building to a Vote

Mon, 08/09/2021 - 18:27
Senators spent the weekend debating a $1 trillion bipartisan infrastructure proposal, ultimately clearing the way for a final vote.

Even Your Allergist Is Now Investing in Start-Ups

Mon, 08/09/2021 - 12:30
The once-clubby world of start-up deal making known as “angel investing” has had an influx of new participants. It’s part of a wider boom in ever-riskier investments.

Hotel and Airline Bookings for Business Travel Resume, Hesitantly

Mon, 08/09/2021 - 12:30
Convention centers are reopening. Hotels and airlines report an uptick in bookings. But the rise in virus cases has tempered forecasts for a major recovery.

Saudi Aramco Posts $25 Billion Profit

Mon, 08/09/2021 - 00:03
The world’s oil giants are bouncing back, aided by accelerating economies in crucial markets.

Alibaba Suspends Employees After Rape Accusation

Sun, 08/08/2021 - 17:53
More than 4,000 employees have called for the e-commerce titan to take the allegations seriously.

The Week in Business: Here Come the Mandates

Sun, 08/08/2021 - 16:30
Governments and companies have started to require vaccines, a step they had been reluctant to take until recently.

After Trumka’s Death, A.F.L.-C.I.O. Faces a Crossroads

Sun, 08/08/2021 - 14:30
For years, influencing political outcomes has been the priority. Some are calling for more emphasis on basic organizing.