U.S. appeals court rejects Biden’s bid to revive student debt plan

Nov 30 (Reuters) – A federal appeals court on Wednesday refused to stay a Texas judge’s ruling that President Joe Biden’s plan to write off hundreds of billions of dollars in student loan debt was illegal. The New Orleans-based U.S. 5th Circuit Court of Appeals has denied the Biden administration’s request to stay a judge’s … Read more

U.S. to boost spending on tribal lands, help relocate climate-impacted tribes

WASHINGTON, Nov 30 (Reuters) – The Biden administration will give Native American tribes more say in the management of federal and tribal lands under a plan that includes assistance to tribes whose lands have been damaged by climate change , the White House announced on Wednesday. President Joe Biden and other Cabinet officials announced the … Read more

Six states urge U.S. Supreme Court to keep block on Biden student debt relief

Nov 23 (Reuters) – Six states on Wednesday asked the U.S. Supreme Court to overrule President Joe Biden’s bid to reinstate his plan to write off billions of dollars in student debt that they said was beyond authority of his administration. The states — Arkansas, Iowa, Kansas, Missouri, Nebraska and South Carolina — filed a … Read more

Shares rise, U.S. Treasury yields drop ahead of Fed minutes’ release

Fed Minutes for November at 7:00 p.m. GMT Wall Street stocks are trading higher US Treasury yields fall Crude prices drop more than 4% The US dollar falls NEW YORK, Nov 23 (Reuters) – Global stocks rose as U.S. Treasury yields fell ahead of the release of Federal Reserve meeting minutes that would hint at … Read more

U.S. Supreme Court rebuffs RBS ex-banker’s whistleblower award bid

Nov 21 (Reuters) – The Supreme Court on Monday refused to hear former Royal Bank of Scotland chief executive Victor Hong’s bid for a U.S. government whistleblower reward of at least 490 million dollars for reporting alleged misconduct related to the institution’s sale of mortgage-backed securities. . Judges rejected Hong’s appeal of a lower court’s … Read more

Biden asks U.S. Supreme Court to lift block of student loan relief plan

Nov 18 (Reuters) – President Joe Biden’s administration on Friday asked the Supreme Court to lift a lower court’s order blocking its plan to write off billions of dollars in student debt amid a challenge brought by six Republican-led states. In a policy benefiting millions of Americans, Biden announced in August that the US government … Read more

U.S., Japan and partners mobilise $20 bln to move Indonesia away from coal power

NUSA DUA, Indonesia/SHARM EL-SHEIKH, Egypt, November 15 (Reuters) – A coalition of countries will mobilize $20 billion in public and private funding to help Indonesia shut down coal-fired power plants and move forward seven years the date of the sector’s peak emissions for 2030, the United States, Japan and their partners announced on Tuesday. The … Read more

U.S. to sanction military procurement network aiding Russia, Yellen says

NUSA DUA, Indonesia, Nov 14 (Reuters) – U.S. Treasury Secretary Janet Yellen has said the United States will impose new sanctions on a transnational network of individuals and companies that seek to acquire military technologies for Russia’s war effort in Ukraine. Yellen told reporters on the sidelines of the G20 summit in Bali that the … Read more

U.S. judge declares Biden’s student debt relief plan unlawful

November 10 (Reuters) – A Texas federal judge ruled on Thursday that President Joe Biden’s plan to write off hundreds of billions of dollars in student loan debt was illegal and should be reversed, handing a victory to conservative opponents of the program . U.S. District Judge Mark Pittman, appointed by former Republican President Donald … Read more

U.S. Supreme Court’s Barrett again declines to block Biden student debt relief

Nov 4 (Reuters) – U.S. Supreme Court Justice Amy Coney Barrett on Friday again refused to block President Joe Biden’s plan to write off billions of dollars in student debt, this time as part of of a challenge brought by two Indiana borrowers, even as a lower court considers whether to lift a freeze it … Read more