Student Loan Debt Relief on Hold After Federal Court Ruling

It looks like it’ll be a while before student borrowers know whether they’ll have any of their debt forgiven. The US Department of Justice has appealed a Thursday ruling by a federal judge in Texas who struck down the student loan debt relief program put in place by US President Joe Biden. It could now … Read more

Student Debt Relief and the Racial Wealth Gap: We Need to Do More

This story is part of So Moneyan online community dedicated to financial empowerment and advice, led by CNET Editor at Large and So Money podcast host Farnoosh Torabi. The Biden administration’s student loan relief plan is currently on pause. Sadly, it’s been blocked by a federal appeals court as it reviews allegations from six Republican-led … Read more

Big relief to Vivo, HC lifts ban on bank accounts, will have to give bank guarantee of Rs 950 crore

The Enforcement Directorate of India (ED) last week took action on Chinese smartphone company Vivo and seized hundreds of crores of rupees from its many bank accounts. Vivo is alleged to have ‘illegally’ transferred Rs 62,476 crore to China to avoid paying taxes in India. After the matter came to light, the ED had frozen … Read more

Biden group casts Dark Brandon in student debt relief ad

Building Back Together, a pro-Biden political advocacy group, launched a six-figure digital ad campaign on Wednesday to boost the administration’s student loan relief program in key battleground states across the country. And to make sure it landed with young voters, they enlisted the help of President Joe Biden’s online alter ego: Dark Brandon. The ad, … Read more

Xiaomi’s Appeal for Relief Over $676 Million Asset Freeze Declined by Karnataka High Court

An Indian court on Thursday declined to lift a freeze on Xiaomi’s $676 million (nearly Rs. 5,500 crore) worth of assets, even as the Chinese smartphone group said this enforcement action had “effectively halted” its operations in its key Indian market. India’s federal financial crime agency, the Enforcement Directorate (ED), froze Rs. 5,551 crore of … Read more

Proposed bipartisan US crypto bill could be ‘sigh of relief’ for the industry – TechCrunch

All around the world, regulators are trying to address the trillion-dollar elephant in the room: the digital assets market. Because crypto is a nascent industry that currently exists largely outside of legal frameworks, it’s still in murky waters, and those in the industry — and outside of it — seemingly want clear guidelines and clarity … Read more

Fintechs clamor to present pupil mortgage debtors reduction choices – TechCrunch

Since March 2020, pupil mortgage debtors haven’t needed to make any federal pupil mortgage funds. These funds are scheduled to restart as of Could 1, 2022 — little doubt inflicting stress for the debtors on the market. President Biden could contemplate extending momentary pupil mortgage reduction past that date, however nothing is but official. On … Read more

Fintechs clamor to provide scholar mortgage debtors aid choices – TechCrunch

Since March 2020, scholar mortgage debtors haven’t needed to make any federal scholar mortgage funds. These funds are scheduled to restart as of Might 1, 2022 — little question inflicting stress for the debtors on the market. President Biden might think about extending momentary scholar mortgage aid past that date, however nothing is but official. … Read more

This Conflict Of Mine Sale Raises Aid Funds For The Ukrainian Purple Cross

Russia has brazenly attacked and invaded Ukraine after weeks of mounting tensions between the 2 nations, with dozens of Ukrainian residents reportedly killed by bombings. Because the world watches this historic (and albeit, terrifying) occasion unfold, efforts have begun to assist help civilians caught within the crossfire. That features 11Bit Studios, makers of the acclaimed 2014 anti-war … Read more