WASHINGTON — President Joe Biden’s latest attempt at student loan cancellation is free to move ahead — at least temporarily — after a judge in Georgia decided that a legal challenge should be handled by a court in Missouri. Biden’s plan has been on hold since September after seven Republican-led states challenged it in federal … Read more
WASHINGTON — The IRS is expanding its program that allows people to file their taxes directly with the agency for free. The federal tax collector’s Direct File program, which allows taxpayers to calculate and submit their returns to the government directly without using commercial tax preparation software, will be open to more than 30 million … Read more
CAIRO — Libya’s state-run oil company said Thursday it was restarting full oil production, almost two months after shutting down operations in two of its major fields amid a political crisis. The National Oil Corporation said in a statement that it would resume production at the Sharara and El-Feel oil fields, and export shipments from … Read more
The price of oil has jumped 5% after US President Joe Biden said the US was discussing possible strikes by Israel on Iran’s oil industry. Asked on a visit if he would support Israel striking Iran’s oil facilities, Biden said: “We’re discussing that.” Iran is the seventh largest oil producer in the world, exporting around … Read more
Telegram CEO Pavel Durov – who has been detained in France over charges that he failed to prevent illicit activity on his social media app – faces accusations from the mother of three of his children that he physically abused their youngest son, withheld financial support and led a secret double life. Irina Bolgar, Durov’s … Read more
At least 45 container vessels were anchored outside US ports on Thursday as a massive strike by dockworkers stretching from Maine to Texas entered its third day. Container ships formed lengthy queues along the East Coast and Gulf Coast ports by late Wednesday, unable to unload goods due to picketing dockworkers, compared to just three … Read more
A list published by GOBankingRates is going viral because it shows just how much it costs to live in America’s 50 biggest cities in 2024’s economy. The list, put together by measuring data from US Census, Zillow, BestPlaces and the Bureau of Labor Statistics, determines “living comfortably” as needs not exceeding 50% of one’s income. This is … Read more
NEW YORK — U.S. ports from Maine to Texas shut down this week when the union representing about 45,000 dockworkers went on strike for the first time since 1977. Workers began walking picket lines early Tuesday near ports all along the East and Gulf coasts. A shutdown that lasts more than a few weeks has … Read more
The dockworkers strike that has shut down dozens of ports on the East and Gulf Coasts has reportedly triggered panic buying of toilet paper and paper towels at a Costco on Staten Island — despite experts’ insistence that paper products won’t be affected by the strike. Video footage on Wednesday showed vast, empty shelves of … Read more
ISLAMABAD — The prime ministers of Malaysia and Pakistan agreed in talks Thursday to increase bilateral trade and boost economic ties between their nations. The announcement by Anwar Ibrahim and his Pakistani counterpart, Shehbaz Sharif, followed talks in Islamabad on how to further strengthen the two nations’ cooperation in diverse fields, including energy, agriculture, connectivity … Read more