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The Department of Education announced the freeze on student loan payments, interest, and collections will continue through Aug. 31, 2022. The Department said this pause will allow borrowers to make an easier transition back into repayment, an indication that at some point the pause may expire. Until then, the extra time is being advertised as…
Republicans are widely expected to win the majority in the House in the upcoming midterms. From my inside perspective, they are more than ready to take control. I was delighted recently to have the opportunity to be the keynote speaker at the House Republican Workshop which was held in Florida. All the Republican House members came…
On the same day former President Barack Obama made his first trip to the White House since leaving office, news came out that the Biden administration is planning to extend its student loan repayment moratorium until Aug. 31. The extension, first reported Tuesday by Bloomberg, has not been officially announced by the administration. Student loan…
As talks with Ukraine resumed, the governor of Russia’s Belgorod region said an airstrike attack at an oil depot on Russian territory by a pair of helicopter gunships caused fires, wounded two people and damaged several nearby businesses. Russia was quick to place the blame for the attack Friday. When asked if he thought it…
According to the Labor Department’s latest monthly jobs report, the United States added 431,000 jobs in March. While experts consider that job growth solid, it does represent the fewest number of jobs added since September. Still, the chief investment officer of private wealth at Glenmede said March’s report reflects the job market’s durability in the…
America was forced to confront the Soviet Union’s nuclear arsenal back in the 1980s. Amid that conflict, President Reagan delivered a speech that rings true today. “I urge you to be aware of the temptation of pride, the temptation of blithely declaring yourselves above it all and label both sides equally at fault, to ignore…
As Russia and Ukraine prepare for negotiations that the world hopes could bring an end to the month of intense violence in Eastern Europe, the country hosting the negotiations, Turkey, could soon play a key role in Vladimir Putin‘s chess game against NATO. The Turks and Germany could play huge roles in whatever NATO delivers as…
Apologies to all for having not written much in the past three weeks. The Ukraine War has been unfolding with such unforgiving speed and complexity that I’ve just not had time. While the pace hasn’t exactly slowed, the conflict is settling into a couple readily identifiable patterns that enable me to peer forward a bit. First,…
Russia claims to have made good on $117 million in interest payments due this week on two dollar-based bonds. But its status over sanctions could put those or future payments in limbo and risk Russia defaulting on foreign debt for the first time in more than a century. The foreign currency reserves Russia has to pay…
Hours after Ukrainian President Volodymyrr Zelenskyy spoke to Congress, President Joe Biden announced the U.S. will provide $800 million in additional aid to Ukraine, in addition to the $200 million sent earlier in the week. The package consists of defense articles and services of the Department of Defense, along with military education and training. “This new…
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