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For millions of student-loan borrowers, July 1 is the starting point — not the deadline — to act on repayment changes.After President Donald Trump’s administration eliminated the SAVE repayment plan in March, the Education Department recommended that the 7 million enrolled borrowers switch to a new plan and begin making payments as soon as possible. However, switching before July 1 is not required.Beginning July 1, the department said it would start sending emails to SAVE borrowers about their timeline for switching plans. Upon receiving this email, which may come later than July 1, borrowers will have 90 days to select…

Fox News issued an apology after Kevin O’Leary said during an appearance on the channel that opponents of his Utah data center were proxies for the Chinese government.Several Fox News and Fox Business hosts, including Maria Bartiromo, read out rare on-air apologies after O’Leary made the comments on the network in late May.Fox News host Johnny Joey Jones said in his weekend broadcast that there was “no evidence” that the groups referenced by O’Leary were funded by or working in coordination with the Chinese Communist Party. “He made certain claims relating to the opponents of his project. Mr. O’Leary has…

Bad news for home buyers: Kevin Warsh likely isn’t coming to the housing market’s rescue.The new Federal Reserve chair acknowledged that high mortgage rates are throttling transcation activity, but the top central banker doesn’t look like he’s in a rush to do any favors for the US housing market. That means mortgage rates will likely be volatile, and will stick around at their current elevated levels, Morgan Stanley strategists are warning.Jay Bacow and James Egan, the co-heads of securitized products research at the bank, pointed to what they dubbed the “Warsh Effect” on the housing market, with mortgage rates trending…

With their plans set, construction started in September 2025. DiBona and Koci stayed with her parents throughout the renovation, allowing them to keep a close eye on its progress.”My contractor probably didn’t love that, but I was over here like micromanaging every day,” she said. “I knew the measurements of everything, so there were a couple of little things I caught when they first were framing it out.”For instance, it was important to DiBona that she have a two-story foyer, as she likes the look and wants to place her Christmas tree there each holiday season. It was initially framed…

Moving from the suburbs of New Jersey to New York City in my 20s felt like a long-earned milestone. And for a while, I loved it.Although my 9-to-5 kept me busy, I spent a lot of time trying out restaurants and coffee shops, attending events where I could meet creatives, make friends, and enjoy all the city had to offer.Then, I lost my job. In an effort to keep the life I’d been building, I attended networking events and social meetups while rapidly checking off items on my NYC bucket list.Without work keeping me in New York, though, I ran…

The U.S. Supreme Court Al Drago/Getty Images hide caption toggle caption Al Drago/Getty Images The Supreme Court on Thursday restricted the use of a relatively new law enforcement technique that allows police to tap into giant tech-firm databases to see who was near the scene of a crime. Writing for the 6-3 majority, Justice Elena Kagan said that the technique, known as geofencing, violates the Fourth Amendment’s prohibition against unreasonable searches. A “geofence warrant” entails drawing a virtual fence around a geographic area where a crime was committed. The government can then seek a warrant to require a tech company…

Lisa Cook takes the oath of office to serve as a member of the Board of Governors at the Federal Reserve System at the Federal Reserve in Washington on May 23, 2022 Drew Angerer/Getty Images hide caption toggle caption Drew Angerer/Getty Images The Supreme Court on Thursday shot down President Trump’s attempt to fire Lisa Cook, a member of the Federal Reserve governing board, at least for now. The court’s decision means Cook will stay in her job until her legal challenge to her firing plays out in the lower courts. That process could take considerable time, and in the…

The U.S. Supreme Court is seen on March 4, 2026 in Washington, D.C. Kevin Dietsch/Getty Images North America hide caption toggle caption Kevin Dietsch/Getty Images North America Stay up to date with our Politics newsletter, sent weekly. The U.S. Supreme Court on Thursday overturned a 91-year-old precedent that has prevented presidents from removing members of independent agencies at will. The decision represents a significant win for the Trump administration and a major expansion of the president’s control over parts of the government once seen as a check on his powers. In a 6-3 ruling, the court found that President Trump’s…

Voters drop off their mail-in ballots in Pittsburgh, Pa., on Nov. 4, 2024. Rebecca Droke/AFP via Getty Images hide caption toggle caption Rebecca Droke/AFP via Getty Images The U.S. Supreme Court has upheld a Mississippi law that allows election officials to count mail-in ballots that are postmarked by Election Day but received up to five days after it. The ruling is a loss for the Republican Party, which brought the case, ahead of this year’s midterm elections. Eighteen states and territories, including Mississippi, have such mail ballot grace periods. Most of the states are Democratic-led, including California, Illinois and New…

Leonhard Soenke cofounded Throne, a creator economy startup, in 2021 to help influencers create wishlists where fans could buy and send them gifts.Five years later, Soenke and his cofounder Patrice Becker are setting out on a new venture. It’s not in the creator economy. Instead, it’s in the data center business.TAR, which stands for Transformative American Resources, is a new energy startup aiming to make data center power more efficient. Soenke told Business Insider that TAR recently raised a $27 million seed round at a $500 million valuation from an undisclosed strategic investor.From the outside, influencers and AI data centers…