Biden cancels $10,000 in federal student loan debt for most borrowers

August 24, 2022

President Joe Biden announced Wednesday that he will forgive $10,000 in federal student debt for most borrowers, fulfilling a campaign pledge and delivering financial relief to millions of Americans.

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Pending home sales slip 1% in July, but Realtors say market may be ‘at or close to the bottom’

Pending home sales, a measure of signed contracts on existing homes, slipped 1% from June to July, according to the National Association of Realtors. Compared with a year ago, sales were down 19.9%.

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Peloton strikes a deal to sell fitness equipment and apparel on Amazon

Peloton has struck a partnership with Amazon in a bid to broaden its customer base and win back investors’ confidence, as revenue growth slows from pandemic highs and its stock price plunges.

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