Author: Press Room

The National Collegiate Student Loan Trusts (NCSLT) and loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA) may have to pay $3 million in compensation to student loan borrowers whose requests for payment relief, including during the COVID-19 national emergency, went ignored, according to Consumer Financial Protection Bureau (CFPB).  The student loans in question are private and part of a securitized pool of loans acquired by NCSLT, the CFPB said in a statement. Since 2006, PHEAA has been the primary servicer for active loans held by the NCSLT and services a portfolio of nearly $17.8 billion in student loans.The CFPB filed an…

Getting interrupted is a fact of life and whether it happens at work or elsewhere, it’s frustrating. It limits your ability to express yourself, to contribute, to shine, and to feel good about yourself.Ultimately, if you can’t speak up, you can lose out professionally and emotionally.So how can you fight back? Silently, firmly raise your finger or hand and say this magic three-word phrase.DON’T MISS: The ultimate guide to becoming a master communicator and public speaker”Trevor, I’m speaking.”Of course, you can improvise — not everyone is named Trevor — but however you phrase it, it’s important to say the person’s…

In the U.S., whether you’re considered middle class or not may depend on where you live. In some states, you can earn over $150,000 and still be considered middle class.GOBankingRates determined the income range needed to qualify as middle class in all 50 states using the latest available data from 2022 on household median income from the U.S. Census Bureau’s 2022 American Community Survey. The personal finance site defines “middle class” as households with an annual income that is two-thirds to double a state’s median income.In two states — Maryland and and New Jersey — the high end of the…

Two brothers who studied at the Massachusetts Institute of Technology were arrested on Wednesday on US charges that they carried out a cutting-edge scheme to exploit the Ethereum blockchain’s integrity and steal $25 million worth of cryptocurrency. Federal prosecutors in Manhattan called the scheme perpetrated by Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, “novel” and said the case marked the first time that such a fraud had ever been the subject of U.S. criminal charges. Authorities said they executed their elaborate heist in April 2023, stealing $25 million from traders in just 12 seconds by fraudulently gaining access to pending transactions and altering the movement…

Last updated: May 16, 2024 13:34 EDT | 2 min read Early Shiba Inu Investors Move Funds to New Token, Seeking 987% Profits / Source: Cryptonews As Shiba Inu (SHIB) eyes a potential push higher following a recent bullish pattern breakout and amid positive news for its DeFi ecosystem, early investors are moving funds to a new token called 99Bitcoins (99BTC) as they seek 987% profits.SHIB was last trading down 3.3% on Thursday around $0.00002450, having earlier pushed towards $0.000026.The meme coin, the second largest by market cap after Dogecoin, broke out of a multi-week pennant pattern on Wednesday.Technical analysis…

Landlords have a lot of built-in leverage over renters. Moving is a pain, so tenants are more likely to accept rent hikes. Developing new apartments is expensive and time-consuming, which makes it tough for competitors to enter the market. Even during shaky periods for the economy, rents tend to hold steady or even climb — people still need to live somewhere.Over the past few years, the playing field tilted further in favor of landlords. Rents soared thanks to a shortage of apartment units, remote workers’ desire for more space, and a daunting for-sale market that kept many renters stuck in…

RWE Aktiengesellschaft (OTCPK:RWEOY) Q1 2024 Results Conference Call May 15, 2024 7:00 AM ET Company Participants Thomas Denny – Head of IRMichael Muller – CFO Conference Call Participants Robert Pulleyn – Morgan StanleyAlberto Gandolfi – Goldman SachsPeter Bisztyga – Bank of AmericaOlly Jeffrey – Deutsche BankWierzbicka Serwinowska – UBSDeepa Venkateswaran – BernsteinHarry Wyburd – BNP Paribas Thomas Denny And good afternoon, ladies and gentlemen. Thank you for joining the Q1 2024 RWE Investor Analyst Conference Call today. Our CFO, Michael Muller, will guide you through our key highlights and financial performance for the first quarter and the outlook for the…

Stay informed with free updatesSimply sign up to the US inflation myFT Digest — delivered directly to your inbox.US stocks closed at a record high after data showed inflation had fallen slightly to 3.4 per cent in April, prompting traders to increase their bets on Federal Reserve’s interest rate cuts this year.The consumer price index data released by the US labour department on Wednesday was in line with economists’ expectations. It compared with March’s rate of 3.5 per cent and ended a four-month streak in which inflation outstripped expectations.“It is something of a relief that for the first time this…

A federal judge on Wednesday rejected another request from former Donald Trump economic aide Peter Navarro to cut his four-month prison sentence short. Navarro is in prison for contempt of Congress after ducking a subpoena for documents and testimony from the House committee that investigated the January 6, 2021, attack on the Capitol. Last week, Navarro asked district Judge Amit Mehta in Washington, DC, to allow him to cut 30 days off his prison sentence in exchange for 30 days of supervised release, citing the First Step Act. Mehta said no. “In sum, a four-month prison term without supervised release was warranted at the time…

Unfortunately, the word “scam” has become too common in today’s world. A scam is an act by a dishonest person or organization to trick someone out of something, usually money. Search common scams and you’ll get pages of results. I found one site that listed 21. However, there are two scams missing from the list that you may not have heard about but are becoming more common. Two recent situations in my life show why I believe that the nature of these scams makes seniors particularly vulnerable. Gift Card Draining I went out to dinner with a family member. He…