#CUNY to use COVID funds to wipe out student debt

#CUNY to use COVID funds to wipe out student debt

“#CUNY to use COVID funds to wipe out student debt” The City University of New York will use $125 million in federal coronavirus stimulus funds to wipe out debt for 50,000 students who suffered hardships during the pandemic, it was announced Wednesday. The CUNY Comeback Program will cover the costs of unpaid tuition and fee…

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#Pandemic leaves Indians mired in massive medical debts

#Pandemic leaves Indians mired in massive medical debts

“#Pandemic leaves Indians mired in massive medical debts” NEW DELHI — As coronavirus cases ravaged India this spring, Anil Sharma visited his 24-year-old son Saurav at a private hospital in northwest New Delhi every day for more than two months. In May, as India’s new COVID-19 cases broke global records to reach 400,000 a day,…

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#Goldman Sachs finally paying off 1MDB debt

#Goldman Sachs finally paying off 1MDB debt

“#Goldman Sachs finally paying off 1MDB debt” Goldman Sachs may finally be able to put the 1MDB scandal behind it. The bank has 10 days to pay the remaining $1.26 billion of a $2.3 billion fine it owes the US government, according to a Bloomberg report. Goldman was charged with wrongdoing for bribing foreign officials…

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#GameStop signs lease for massive distribution warehouse, ditches debt

#GameStop signs lease for massive distribution warehouse, ditches debt

“#GameStop signs lease for massive distribution warehouse, ditches debt” GameStop said it has signed a lease for a 700,000-square-foot distribution warehouse on Monday, even as it announced it has retired its corporate debt earlier than expected. The warehouse facility in York, Pa., which will support the Texas-based retailer’s e-commerce business, is expected to be operational…

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#Investors seek Bitcoin haven amid weakening dollar worries

#Investors seek Bitcoin haven amid weakening dollar worries

“#Investors seek Bitcoin haven amid weakening dollar worries” Warren Buffett hates cryptocurrencies. Treasury Secretary Janet Yellen isn’t a fan and neither is Bill Gates. Ditto for scores of great economic minds who call the rise of cryptos like Bitcoin a “bubble,” and a lot worse.   I have my doubts as well. I’ve seen too many…

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#Debt collectors could take some of your COVID stimulus check

#Debt collectors could take some of your COVID stimulus check

“#Debt collectors could take some of your COVID stimulus check” Debt collectors could take a bite out of the $1,400 coronavirus stimulus checks that will land in Americans’ bank accounts as soon as this weekend. The $1.9 trillion stimulus bill authorizing the so-called economic impact payments doesn’t include a crucial provision protecting them from garnishment,…

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#This 6-year-old racked up over K on his mom’s credit card

#This 6-year-old racked up over $16K on his mom’s credit card

“#This 6-year-old racked up over $16K on his mom’s credit card” Well, someone has made Santa’s naughty list. Six-year-old George Johnson secretly racked up more than $16,000 in Apple app-store charges for his favorite video game, Sonic Forces — leaving his mom in shock. While working from home during the pandemic, Wilton., Conn., real-estate broker…

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#Regal’s owner Cineworld gets 0M lifeline to avoid bankruptcy

#Regal’s owner Cineworld gets $750M lifeline to avoid bankruptcy

“#Regal’s owner Cineworld gets $750M lifeline to avoid bankruptcy” Regal Entertainment’s UK-based owner Cineworld said Monday that it secured a financial lifeline to help it avoid a bankruptcy filing. Lenders will provide the movie-theater owner with a $450 million loan to help it keep afloat through the coronavirus pandemic. Other lenders will provide Cineworld with…

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#The church has its own rights and other commentary

#The church has its own rights and other commentary

“#The church has its own rights and other commentary” Religion beat: The Church Has Its Own Rights As Europe enters a second lockdown, “authorities are not imposing restrictions equally on churches and civil establishments,” seethes Gladden Pappin at First Things. “Instead, churches are arbitrarily subject to the harshest ­restrictions.” The disparities, especially glaring in France,…

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