Jun 01 Biden administration erases $5.8 billion in debt for students of fraudulent college By Collin Binkley, Associated Press The Biden administration says it will forgive all remaining federal student debt for former students of the for-profit Corinthian Colleges chain. Continue reading
Jun 01 Watch 4:42 News Wrap: Buffalo grand jury formally charges suspect for racist rampage that killed 10 In our news wrap Wednesday, a grand jury in Buffalo formally charged a white 18-year-old suspect for the massacre of 10 Black people at a supermarket, Sheryl Sandberg is stepping down as chief operating officer for Meta, Shanghai residents celebrated… Continue watching
Jun 01 Sheryl Sandberg, longtime COO at Facebook, steps down By Barbara Ortutay, Associated Press Sandberg has led Facebook — now Meta's — advertising business and was responsible for nurturing it from its infancy into an over $100 billion-a-year powerhouse. Continue reading
Jun 01 WATCH: White House press secretary Karine Jean-Pierre speaks on the continuing formula shortage By Associated Press President Joe Biden on Wednesday said he was not briefed on the prospect of nationwide shortages of infant formula for about two months, and he acknowledged the strain on families as his administration struggles to address the situation. Continue reading
Jun 01 U.S. job openings remain high, with nearly twice as many openings as unemployed people By Christopher Rugaber, Associated Press The white-hot demand for U.S. workers cooled a bit in April, though the number of unfilled jobs remains high and companies are still desperate to hire more people. Continue reading
May 31 Watch 3:56 News Wrap: Funerals begin in Uvalde one week after school massacre In our news wrap Tuesday, funerals have begun in Uvalde, Texas, one week after a gunman killed 19 children and two teachers at an elementary school. Two 10-year-old victims were remembered in the first of 11 services this week. Also,… Continue watching
May 31 Watch 6:43 Biden meets with Fed chair in push to address record inflation President Biden called in the head of the Federal Reserve Tuesday to talk about the worst inflation in 40 years. But he pledged to respect the central bank's independence. The president met with Jerome Powell, who recently won senate confirmation… Continue watching
May 31 WATCH: Biden meets with Federal Reserve Chair Powell amid inflation worries By Josh Boak, Christopher Rugaber, Zeke Miller, Associated Press Biden hoped the meeting on Tuesday would demonstrate his concern to voters, though he insisted anew the White House will not interfere with the independent central bank's work. Continue reading
May 31 EU bans majority of Russian oil imports as punishment for Ukraine invasion By Lorne Cook, Samuel Petrequin, Associated Press In the most significant effort yet to punish Russia for its war in Ukraine, the European Union agreed to ban the overwhelming majority of Russian oil imports. Continue reading
May 30 Watch 2:23 News Wrap: Biden spends Memorial Day honoring U.S service members In our news wrap Monday, President Biden spent this Memorial Day honoring U.S. service members who have paid the ultimate sacrifice for this country, at least 91 people have died from weekend floods in Brazil, the season's first hurricane in… Continue watching