Headline News Archive

2019

June

18

• U.S. says $168 million ITT for-profit student loans to be forgiven. Former students at ITT Technical Institute will not have to pay $168 million they still owe on private loans from an affiliated lender to attend the

• Student-loan borrowers with disabilities will be reimbursed. When a borrower defaults on their federal student loan, the government can garnish their Social Security benefits, wages and tax refunds to get its money

17

• Here are the latest proposals to lower drug costs. After years of public outrage, some bipartisan solutions are emerging to address the problem of high U.S. drug prices. But whether they will make

• CFPB celebrates achievements, despite departure from mission. Kathleen Kraninger marked her first six months as head of the Consumer Financial Protection Bureau this week, and the agency celebrated by releasing a scorecard

• As price of insulin soars, Americans head to Canada. More than 30 million Americans have diabetes, according to the American Diabetes Association. About 7.5 million, including 1.5 million with Type 1 diabetes, rely on insulin. Between 2012

14

• Sallie Mae is expanding from student loans to credit cards. Sallie Mae, the student loan provider once sponsored by the government, is expanding into credit cards. The company this month unveiled a suite

• Sen. Warren to cancel up to $50k in student debt for most borrowers. Elizabeth Warren’s proposal to cancel student debt will soon be one step closer to reality — even if she doesn’t become

13

• Social Security is staring at its first real shortfall in decades. Next year, for the first time since 1982, the program must start drawing down its assets in order to pay retirees all of the benefits they

• Florida company sued over sale of skimpy health plans. Consumers say they believed they were purchasing Affordable Care Act plans that include coverage guarantees. But they were sold much less comprehensive coverage that left

• Zuckerberg knew of ‘problematic’ privacy practices. Facebook Inc. uncovered emails that seem to show Chief Executive Mark Zuckerberg was aware of potentially problematic privacy practices at the company, the Wall Street

• Where 20 years of child online protection law went wrong. Two decades after Congress tried to wall off the worst of the Internet in hopes of protecting the privacy and innocence of children, the ramparts

• AI researchers race to detect ‘deepfake’ videos. Top artificial-intelligence researchers across the country are racing to defuse an extraordinary political weapon: computer-generated fake videos that could undermine candidates and mislead voters during

12

• Landmark deal reached on NY rent protections. Newly empowered Democratic leaders in Albany announced a landmark agreement on Tuesday to strengthen New York’s rent laws and tenant protections, seeking to

• States sue over Sprint, T-Mobile merger. A $26 billion T-mobile/Sprint merger deal seemed to be moving forward in recent weeks, when the head of the Federal Communications Commission gave it his

• Chase prueba su nuevo concepto de sucursal bancaria en Harlem. En la era de la tecnologías de las finanzas e Internet no obstante la red de sucursales en mercados sociales sigue siendo b

11

• Bankruptcy bill to wipe out borrowers' student loan debt. Pointing to the 44 million Americans who owe more than $1.5 trillion in student loan debt, Illinois Sen. Dick Durbin on Monday pushed for legislation that would

10

• No credit card? Bad credit score? Amazon can help you (Chinese). 亞馬遜找到一種方法，讓更多人用自己開發的方法得到回饋信用卡。

• 16.000 personas en L.A viven en su auto, pero los estacionamientos seguros siguen siendo escasos. Hace dos años, Los Ángeles comenzó a probar una alternativa a los refugios para personas sin hogar, llamada estacionamiento seguro, que

• Los precios de la gasolina se abaratan antes de iniciar el verano. Una semana más y el precio podría caer en un promedio de 16 centavos por galón en todo el pa

09

• Para los californianos, el sueño dorado depende de dónde vivas y cuánto ganes. El gobernador Gavin Newsom fanfarroneó en la convención del Partido Demócrata de California del mes pasado al insistir en

• Cómo mejorar el puntaje crediticio antes de comprar una casa. Estoy tratando de comprar mi primera casa. Tengo un pago inicial del 20% para el rango de precios que busco. El problema es que mi cr

08

• Three ways to prevent identity theft and to protect personal information (Chinese). 【新唐人北京时间2019年06月08日讯】在美国，身份被盗用不仅会带来财务损失，也会影响个人信用。如果防范身份盗窃不发生在自己身上，银行业内人士建议三个步骤不可少。一起来了解。

• Consumer watchdog delays payday lending rule. The U.S. Consumer Financial Protection Bureau said it is once again extending the compliance date for an ability-to-repay provision of a rule cracking down

07

• Maine's strict new internet privacy protection. The new law, which goes into effect on July 1, 2020, would require internet service providers to ask for permission before they sell or share any of

• A financial checklist for your newly minted high school graduate. If you want to set your child up properly for college, work, military service and the years beyond, there are several things you ought to