Author: Editor

A new legal filing asks a federal judge to pause the forced transfer of millions of student-loan borrowers off of SAVE, the income-driven repayment plan that the Trump administration eliminated in March.On Tuesday night, the law firm Public Goods Practice filed a motion in a US District Court seeking to block borrowers enrolled in SAVE from being automatically moved to a new, more expensive repayment plan while their broader lawsuit continues.The case, filed in March, challenges the Department of Education’s decision to eliminate SAVE, a Biden-era plan that reduced monthly payments and shortened the timeline for debt relief.The motion argues that legal procedure…

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YIMBYs and the abundance movement are set to notch a big national victory, as long as President Donald Trump signs a landmark piece of legislation.The House and Senate overwhelmingly passed the 21st Century ROAD to Housing Act this week, a 374-page document with sweeping changes to America’s housing policies for the next few decades. Largely, the bill makes it easier and cheaper to build new homes, prevents major corporations from swallowing supply, and supports communities most affected by the climate crisis.Championed by Democrats and Republicans alike, it would be a rare bipartisan win ahead of midterms and would build on…

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Doomsday predictions about AI and jobs are massively overblown, according to Amazon chief Matt Garman.On an episode of the Platformer podcast released on Tuesday, the CEO of Amazon Web Services pushed back on fears that artificial intelligence will decimate large swaths of the workforce.Instead, Garman said he believes half of white-collar jobs “may change” because of AI, but that doesn’t mean they’ll be wiped out.”Wipe out and change are different,” Garman said, citing the spreadsheet software Microsoft Excel as an example of a technology that reshaped work rather than eliminated it.”The key thing is not to look at a still…

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Leo Garcia is serious about getting his drivers home on time.As a regional load manager for Walmart, Garcia is responsible for hundreds of semi-trailers hauling merchandise through the Chicago area.He also knows what it’s like to be in the driver’s seat, having spent more than five years there before landing in his desk job.”Being on the road for five days is difficult,” he told Business Insider. “You miss your wife, you miss your kids. We have to do our utmost best to get our drivers home.”He’s using artificial intelligence to make that journey a little smoother for his team.Garcia said…

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Business Insider is now taking nominations for this year’s Rising Stars of Real Estate.Now is the time to tell us about fresh trailblazers aged 35 or younger making waves in commercial or residential real estate.We’re looking for candidates with potential and notable contributions in their fields already. The nominations are open to real-estate professionals and individuals from other industries who work closely with real estate.Business Insider reporters and editors will review each nomination and select candidates based on their impact on today’s real estate industry and their broader influence.Please submit your suggestions below through the form by Friday, July 24,…

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A Toyota Tundra at the New York International Auto Show in New York City on April 2, 2026.Danielle DeVries | CNBCDETROIT – Toyota Motor is notably gaining on America’s largest automaker, General Motors, in U.S. sales as hybrids get more popular and all-electric vehicles sputter.The Japanese automaker is expected to report a nearly 1% increase in U.S. sales through the first half of this year to 1.25 million vehicles, while GM is projected to be down 7.2% to 1.33 million, according to a new forecast released Wednesday by Cox Automotive.”At these rates, and what we’re seeing right now in the…

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Living in New York City was equally exhilarating and exhausting, and I loved every minute of it.For almost two years, you’d find me deep in my monthly rituals: chasing rotating specials at my favorite eateries like Salt & Straw, celebrating festivals from cultures across the world, and riding trains throughout the five boroughs to show up for the people I love.Aside from the culture and community, the professional learning and development opportunities were abundant. Somewhere along the way, though, I found my professional voice and a growing interest in federal policy, and felt New York City could only open so…

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Walmart scored the deal everyone’s talking about in Cannes this year.Adtech yacht row, which was ungenerously — though amusingly — dubbed “the ruins of the open internet” by Digiday in its “official judgmental map of Cannes Lions 2026,” was buzzing Tuesday with the news that Walmart scooped up the French adtech firm Vibe.co for a reported $1.4 billion, per the WSJ. (Walmart declined to comment on the terms.) Eyes are bulging at the size of the deal for a company that said its valuation was $410 million this past September, when it last raised capital.The Cannes attendees I chinwagged with…

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GameStop CEO Ryan Cohen is so determined to buy eBay that he’s taken his own $35 billion pay deal off the table.Cohen has withdrawn the proposed compensation package because he wants to fully focus on revitalizing GameStop’s business and acquiring eBay, GameStop said in a press release on Tuesday.Cohen has reiterated his intention to acquire the online marketplace in recent days, despite the target being more than five times larger than GameStop, with a market value of $48 billion, and eBay rejecting Cohen’s cash-and-stock offer in May.Chewy’s billionaire cofounder explained his interest in the tie-up during an episode of the…

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LOS ANGELES — Electric vehicle startup Slate Auto expects to defy challenging market conditions and avoid the losses its peers have seen by profitably selling a highly customizable EV that starts at just under $25,000.Slate CEO Peter Faricy said every vehicle produced by the Michigan-based EV startup — which is backed by Amazon founder Jeff Bezos and Los Angeles Dodgers controlling owner Mark Walter — will be gross margin positive. That will lead the company to positive free cash flow and earnings before taxes, depreciation, and amortization by 2027, he said.”It’s an ambitious goal,” Faricy told CNBC during an interview…

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