
Money stored in Venmo, other payment apps could be vulnerable, financial watchdog warns.
Customers of Venmo, PayPal and CashApp should not store their money for the long term with these apps since their funds may not be covered by deposit insurance, the Consumer Financial Protection Bureau warned on Thursday
2023-06-02 03:17

Senate passes GOP bill overturning student loan cancellation, teeing it up for Biden veto
A Republican measure overturning President Joe Biden's student loan cancellation plan passed the Senate on Thursday and now awaits an expected veto. The vote was 52-46, with support from Democratic Sens. Joe Manchin of West Virginia and Jon Tester of Montana as well as Arizona Sen. Kyrsten Sinema, an independent. The resolution was approved last week by the GOP-controlled House by a 218-203 vote. Biden has pledged to keep in place his commitment to cancel up to $20,000 in federal student loans for 43 million people. The legislation adds to Republican criticism of the plan, which was halted in November in response to lawsuits from conservative opponents. The Supreme Court heard arguments in February in a challenge to Biden's move, with the conservative majority seemingly ready to sink the plan. A decision is expected in the coming weeks. “The president’s student loan schemes do not ‘forgive’ debt, they just shift the burden from those who chose to take out loans onto those who never went to college or already fulfilled their commitment to pay off their loans,” said Louisiana Sen. Bill Cassidy, lead sponsor of the Senate push. The legislation aims to revoke Biden’s cancellation plan and curtail the Education Department’s ability to cancel student loans in the future. It would rescind Biden’s latest extension of a payment pause that began early in the pandemic. It would retroactively add several months of student loan interest that was waived by Biden’s extension. The GOP challenge invoked the Congressional Review Act, which allows Congress to undo recently enacted executive branch regulations. Passing a resolution requires a simple majority in both chambers, but overriding a presidential veto requires two-thirds majorities in the House and Senate, and Republicans aren't expected to have enough support to do that. "If Republicans were to get their way and pass this bill into law, people across the country would have relief they are counting on snatched away from them,” said Sen. Patty Murray, D-Wash. ___ The Associated Press education team receives support from the Carnegie Corporation of New York. The AP is solely responsible for all content.
2023-06-02 03:17

Pittsburgh synagogue shooting occurred on a Saturday children didn't attend, survivor says
Three Saturdays each month, Pittsburgh's Tree of Life synagogue hosted a service specifically for children known as the junior congregation.
2023-06-02 02:59

Over 50% of Spirit Airlines flights experience delays after technical issues with its website, app and airport kiosks
About 50% of Spirit Airlines flights were delayed Thursday, according to FlightAware, after technical issues with the airline's website, app and airport kiosks, but the airline says the technical issues have been resolved.
2023-06-02 02:54

'Stop yelling': Top Chechen fighter scolds Russia's Wagner mercenary chief
MOSCOW One of Chechen leader Ramzan Kadyrov's close allies on Thursday publicly criticised Russia's most prominent mercenary, casting
2023-06-02 02:48

3 people are missing days after apartments collapsed. Now officials have changed demolition plans for the dangerous, 'shifting' building
Two people previously unaccounted for after the partial collapse of an Iowa apartment building Sunday have been found safe, Davenport police said Thursday. But three others -- including at least two who lived in the crash zone -- remain missing.
2023-06-02 02:48

Senate passes bill to block Biden's student loan forgiveness program
Both the Senate and the House have now passed a bill to block President Joe Biden's student loan forgiveness program, which promises to cancel up to $20,000 of debt for millions of borrowers but has been held up by courts.
2023-06-02 02:45

US Senate will stay in session until debt ceiling bill passed -Schumer
By Richard Cowan, David Morgan and Moira Warburton WASHINGTON (Reuters) -The U.S. Senate will stay in session until it passes
2023-06-02 02:29

Robert F. Kennedy Jr. emphasizes the importance of a democratic election and hits DNC in speech to New Hampshire Senate
Robert F. Kennedy Jr., the environmental lawyer and anti-vaccine activist who launched his 2024 presidential bid earlier this year, discussed the importance of a democratic election and critiqued the Democratic National Committee over the push to change the presidential nominating calendar in a Thursday address to the New Hampshire Senate.
2023-06-02 02:23

It's the first day of hurricane season and we could have a storm in the Gulf very soon
Today is the first official day of the Atlantic hurricane season and it's already off to an active start.
2023-06-02 02:17

Companies like Microsoft can help manage migration: incoming UN migration chief
By Emma Farge GENEVA The incoming head of the U.N. migration agency said on Thursday that she has
2023-06-02 01:56

US court to hear challenge over Prince Harry's visa following drug revelations
Prince Harry's US immigration records should be unsealed in the light of revelations about drug-taking in his recent book, a conservative think tank will argue in a federal court next week.
2023-06-02 01:51