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President Biden cancels another $1 billion in student loans

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President Joe Biden’s administration will cancel another $1.2 billion in student loans.

This move comes as part of the administration’s ongoing commitment to addressing the financial challenges faced by many Americans in the realm of higher education.

The cancellation will primarily impact borrowers who were defrauded by for-profit colleges and those who attended schools that have since closed.

The new wave of relief applies to people enrolled in a repayment program known as SAVE and covers those who borrowed less than 12-thousand-dollars and have been repaying the money for at least 10 years.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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