Nobel prize for economics awarded to 3 in US for societal research

The 2021 Nobel prize for economics on Monday was awarded to three U.S-based economists for work on so-called “natural experiments.”

McConnell warns Biden he won’t help vote to raise debt ceiling in December

“I write to inform you that I will not provide such assistance again if your all-Democrat government drifts into another avoidable crisis,” Senate Minority Leader Mitch McConnell wrote in a letter to President Joe Biden on Friday.

Over 130 countries reach agreement on minimum corporate tax rate

More than 130 countries have agreed on a tentative deal that would make sweeping changes to how big, multinational companies are taxed in order to deter them from stashing their profits in offshore tax havens where they pay little or no tax.

September jobs report: US adds weak 194K jobs as delta maintains hold

U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy.

Longer student loan forbearance is needed, 40% of borrowers say in survey

The payment suspension on federal student loans was part of the greater push for COVID-19 emergency relief, but payments restart in just a few short months. According to a new survey, 40% of borrowers want a longer suspension of loan payments.

What is a deductible in car insurance?

Here’s everything you need to know about car insurance deductibles, including how much they cost and what type of coverage you may need.

Debt ceiling: Deal reached with GOP on short-term fix, Schumer says

A debt ceiling deal that would temporarily raise the limit through December has been reached with Republicans, Senate Majority Leader Chuck Schumer said.

Student loan forgiveness: 550K borrowers to benefit from program overhaul

A change to the Public Service Loan Forgiveness program will immediately make 22,000 borrowers eligible to get loans canceled, U.S. officials said.