Trump administration sends student loan forgiveness notices

People walk in front of the the U.S. Department of Education, amid reports that U.S. President Donald Trump’s administration will take steps to defund the federal Education Department, in Washington, U.S., February 4, 2025.  Kevin Lamarque | Reuters Despite the government shutdown, the U.S. Department of Education is sending out notices to student loan borrowers…

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2026 tax brackets and income rates

Pra-chid | Istock | Getty Images The IRS has announced new federal income tax brackets and standard deductions for 2026. In its announcement Thursday, the agency raised the income thresholds for each bracket, which apply to tax year 2026 for returns filed in 2027. The IRS also boosted figures for other provisions, including long-term capital gains…

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Senators depart Washington without a shutdown deal

Senators left Washington without a deal to end the deal government shutdownEnsuring that this will continue into the next week with both sides still at a standoff. The upper chamber completed the week’s work late Thursday when they passed the Senate’s version of the National Defense Authorization Act (NDAA), which included more than a dozen…

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Asia-Pacific markets: Nikkei 225, Kospi

Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Shares of South Korean chipmakers SK Hynix and Samsung Electronics hit record highs Friday, after a near-weeklong holiday, boosted by a series of artificial intelligence deals….

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