Student loan payments cut for millions as Biden prepares to cut bills in July

US President Joe Biden speaks at the Washington Hilton in Washington, DC on June 11, 2024. … [+] The Biden administration has directed student loan servicers to place millions of borrowers in a temporary forbearance while payments are recalculated. (Photo by SAUL LOEB/AFP) (Photo by SAUL LOEB/AFP via Getty Images) AFP via Getty Images Millions … Read more

California lawmakers break with Gov. Newsom over loan to keep state’s last nuclear power plant operating

LOS ANGELES (AP) – The California Legislature signaled its intention Thursday to cancel a $400 million loan payment to help finance a longer life for the state’s last nuclear power plant, exposing a rift with the governor Gavin Newsom who says power is critical to maintaining energy supplies amid a rising climate. The votes in … Read more