President Joe Biden

Biden Administration Brings Student Loan Debt Relief Total to $136.6 Billion
Biden Administration Brings Student Loan Debt Relief Total to $136.6 Billion
January 19, 2024  |  Loans

The Biden Administration has approved an additional $4.9 billion in student loan debt relief for 73,600 borrowers. This brings the total loan forgiveness approved by...

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CFPB Moves to Close ‘Outdated’ Bank Overdraft Loophole
CFPB Moves to Close ‘Outdated’ Bank Overdraft Loophole
January 17, 2024  |  Bank Regulation

The White House wants to limit the overdraft fees banks can charge customers. To that end, the U.S. Consumer Financial Protection Bureau (CFPB) on Wednesday (Jan. 17)...

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Apple Announces Plans to Democratize Repairs and Increase Consumer Access
Apple Announces Plans to Democratize Repairs and Increase Consumer Access
October 24, 2023  |  Apple

Apple has revealed plans to make parts, tools and documentation necessary for repairing iPhones and computers available to independent repair shops and consumers across the United...

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California Bans Junk Fees, Anticipating Federal Efforts
California Bans Junk Fees, Anticipating Federal Efforts
October 09, 2023  |  Legal

California will ban junk fees beginning July 1, after the state’s governor signed a bill into law on Saturday (Oct. 7).  This move comes in...

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OpenAI CEO Sam Altman Says AI Could End Poverty
OpenAI CEO Sam Altman Says AI Could End Poverty
June 23, 2023  |  artificial intelligence

Despite acknowledging the potential dangers of rapidly progressing AI technology, Sam Altman, the head of ChatGPT parent OpenAI, has argued that the benefits outweigh the costs. In an interview Thursday...

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White House Declares War on Junk Fees, Surcharges
White House Declares War on Junk Fees, Surcharges
September 27, 2022  |  Consumer Payments

As a way to tackle inflation and give households financial breathing room, the President Joe Biden administration is taking action against junk fees — hidden...

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