Student-loan payments are about to restart and 'exacerbate financial distress' for millions of borrowers, Elizabeth Warren says. Here are 6 steps she wants Biden to take to soften the blow.

Tech Insider : Economy, Politics
Sen. Elizabeth Warren
Sen. Elizabeth Warren (D-MA).

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Student-loan borrowers can tell Biden what they want from his new debt relief plan. Here's how.

Tech Insider : Economy, Politics
Joe Biden
President Joe Biden.

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Fears of a US debt default are mounting as the deadline to lift the borrowing limit looms. Here's what Elon Musk, Paul Krugman and Jamie Dimon have warned.

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Congressional leaders meet on debt ceiling
US President Joe Biden meets with US Speaker of the House Kevin McCarthy, House Minority Leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell in the Oval Office of the White House in Washington, DC, on May 9, 2023. Biden and Republican leaders met in hopes of breaking an impasse over the US debt limit.

It's almost impossible to trade on a US default - so here's what investors should do instead, according to Bankrate's senior economic analyst

Tech Insider : Politics
stock traders panic
Traders react on the main floor of the BM&F Bovespa stock exchange market in Sao Paulo September 29, 2008.

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Biden promised student-loan borrowers cheaper payments and more debt relief. The government might not have enough money for everyone to actually get those benefits.

Tech Insider : Economy, Politics
President Joe Biden speaks on the student-debt-relief plan in the South Court Auditorium at the Eisenhower Executive Office Building on October 17, 2022, in Washington, DC. Biden gave an update on the student-debt-relief-portal beta test.
President Joe Biden speaks on the student-debt-relief plan in the South Court Auditorium at the Eisenhower Executive Office Building on October 17, 2022, in Washington, DC.

JD Vance defends Trump's comments that Republicans should let the US default, saying the former president was giving 'political advice' and doing 'fundamentally the right thing'

Tech Insider : Economy, Politics
JD Vance and former President Donald Trump shake hands in 2022.
JD Vance and former President Donald Trump shake hands in 2022.

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When Jamie Dimon speaks, Wall Street listens - and he just warned of catastrophe

Tech Insider : Politics

Good morning to everyone except the fast-approaching debt ceiling. Phil Rosen here. 

US cities brace for busloads of migrants as immigration rules change

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Thousands lined up at the US-Mexico border anticipating the end of Title 42. However, the Biden administration rolled out new measures requiring migrants to apply online or seek protection in the country they passed through.

Biden's Education Secretary confirms the process of resuming student-loan payments will start 'no later than June 30': 'The emergency period is over'

Tech Insider : Economy, Politics
Education Sec. Miguel Cardona
Education Secretary Miguel Cardona.

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Jamie Dimon warns a US default would be 'potentially catastrophic' as lawmakers remain deadlocked over raising the debt ceiling

Tech Insider : Economy
Jamie Dimon
JPMorgan Chase CEO Jamie Dimon.

REUTERS/Brian Snyder

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