The Biden administration has changed its guidance to eliminate some student loans from eligibility for forgiveness, a major reversal as the Department of Education makes final preparations to launch debt relief applications.  As of Thursday, borrowers with student loans through the Federal Family Education Loan (FFEL) program and Perkins Loans …

Stocks plunged on Wall Street Thursday as bond yields marched higher and put the squeeze back on markets. The S&P 500 dropped 79 points, or 2.1%, to 3,640. Nearly every stock in the benchmark index lost ground. The Dow Jones Industrial Average dropped 458 points, or 1.5%, to 29,225 and …

A military contractor who served as the architect behind the “Fat Leonard” Navy scandal has been captured in Venezuela after he went on the lam earlier this month, the U.S. Marshals Service confirmed to CBS News Wednesday night. Leonard Francis, who goes by the nickname “Fat Leonard,” was detained on …

Some of the largest U.S. cities in the West have seen their home values plunge this summer, a trend that economists say favors house hunters. The typical home value dipped 0.3% nationwide from July to August and 0.1% from June to July, Zillow said in a report this week. It is …

Jury selection is set to begin Monday in the criminal trial of Thomas Barrack, a billionaire investor and close friend of former President Donald Trump, who is accused of unlawfully lobbying the Trump administration on behalf of the United Arab Emirates. Federal prosecutors say Barrack, who served as a Trump …

During her Wednesday night appearance on “Jimmy Kimmel Live!,” “Abbott Elementary” star Quinta Brunson interrupted the host’s monologue to complete her Emmy’s acceptance speech. Kimmel was accused of distracting from Brunson’s first Emmy win on Monday when he laid on the floor next to her for the duration of her …

More than a month after the FBI seizure of records from former President Donald Trump’s Mar-a-Lago residence the U.S. House Oversight Committee is urging the National Archives “to seek from former President Trump a written certification that he has surrendered all presidential records or classified materials.”   “In light of …

Credit card industry representatives have cleared the way for a new means of tracking firearm and ammunition purchases, a move that supporters say will help flag suspicious sales and reduce gun crime. The International Standards Organization, which sets rules across the financial services industry, agreed to create a new merchant …

Washington – Former Attorney General William Barr denounced a Florida federal judge’s order authorizing the appointment of a special master to review the documents seized at former President Donald Trump’s Florida residence, calling the ruling “wrong” and “deeply flawed.”  “The opinion, I think, was wrong, and I think the government …

A Los Angeles federal judge threw out an indictment Friday charging a dive boat captain with manslaughter in the deaths of 34 people in a 2019 fire aboard a vessel anchored off the Southern California coast. The ruling came on the third anniversary of one of the deadliest maritime disasters …