News

Biden cancels millions of student loans

Published

2 years ago

August 25, 2022

Joe Biden has forgiven millions of loans. This means the U.S. government will forgive $10,000 dollars in student loans for millions of college students across the country

It means the U.S. government will forgive $10,000 dollars in student loans for millions of college students across the country.

This was one of his promises during the 2020 campaign.

According to Reuters, on the one hand it could help the Democrats during the congressional elections in November but it could also lead to higher inflation. With Reuters further adding that Republicans in the U.S. Congress also inquired whether the President has the power to make such a move.

This change means billions of dollars now becomes available.

The U.S. President said that the act is for, quote “families that need them the most – working and middle class people hit especially hard during the pandemic”.

Since the COVID 19 outbreak, student loan payments were frozen by the U.S. government. And coming to this agreement, there was much speculation as to how much of the loans the Biden administration was willing to forgive. Some from the party even asked for as high as $50,000 dollars per person to be let off.

As to the Republican party, a majority came out against the proposal- saying it would be unfair because it won’t be equally helpful for higher earners.

This plan may help up to 40 million Americans, but remains politically divisive especially with the midterm elections just around the corner.

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

1 day ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

2 days ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

Published

2 days ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending