Supreme Court denies Biden bid to reinstate multi-billion dollar student debt plan

Democratic President Joe Biden's student loan plan: A temporary defeat Wednesday at the U.S. Supreme Court. The “Savings for a Worthwhile Education” plan was part of Biden's student loan forgiveness program, but it was also struck down by the Supreme Court in 2023. Critics of Biden's student loan forgiveness plan argue that loan “forgiveness” is […]

Supreme Court rejects Biden bid to restore student loan bailout

The Supreme Court ruled Wednesday against President Biden's attempt to reinstate student loan benefits, at least for now. The Supreme Court rejected a request by the Harris-Biden administration's Department of Justice to lift an injunction issued by a lower court that halted the write-offs while a lawsuit challenging the plan works its way through the […]

FTC’s bid to block Albertsons-Kroger merger heads to trial

EJ Antoni, public finance economist at the Heritage Foundation, discusses the possible merger between Kroger and Albertsons and the impact of the ruling on the U.S. economy. of Federal Trade Commission (FTC) A federal district court on Monday launched a lawsuit to block the $25 billion merger of Kroger and Albertsons, arguing that the deal […]

Paramount stock edges up as Bronfman reportedly mulls increasing bid again

Paramount shares rose after falling on Monday on speculation that Edgar Bronfman Jr. might raise an already attractive offer to win the bidding battle for the embattled media giant. The veteran media executive reportedly increased his bid for minority stakes in National Amusements and Paramount Global to $6 billion from an initial $4.3 billion last […]

Border crisis could sink Kamala Harris’ bid: David Paterson

The border crisis that has exploded under the Biden-Harris administration could be an Achilles heel that prevents Democratic presidential nominee Kamala Harris from taking the White House, former Gov. David Paterson warned Sunday. “She has one big problem: 72% of Americans believe more people will be crossing the southern border in the future. [under her]”Only […]

Edgar Bronfman’s Paramount bid could keep Shari Redstone involved: report

Edgar Bronfman Jr. is open to Shari Redstone staying involved with Paramount Global if Paramount Global’s special committee accepts his consortium’s takeover bid for controlling shareholder National Amusements. CNBC reported: Friday. On Wednesday, the veteran media executive upped his bid to buy Paramount by offering National Amusements $6 billion and a minority stake in the […]

Texas judge rejects Media Matters bid to force recusal from

A federal judge in Texas who holds Tesla shares has rejected an attempt to force Elon Musk to recuse himself from overseeing the company’s legal battle with X and Media Matters. Media Matters, the left-leaning nonprofit group Musk is suing for defamation, has filed a motion arguing that Company X should identify Tesla as an […]