Student loan giant Navient and borrowers settle lawsuit over troubled forgiveness program

Student loan giant Navient and borrowers settle lawsuit over troubled forgiveness program

Jun 19, 2020

Student loan giant Navient (NAVI) promised to revamp a loan forgiveness program designed for public servants after settling a 2018 class action lawsuit from student loan borrowers. The preliminary settlement — still subject to final approval by the court — requires Navient to “enhance its internal resources, maintain regular training and monitoring for call center […]
Here’s what to expect from Apple’s WWDC 2020 event

Here’s what to expect from Apple’s WWDC 2020 event

Jun 19, 2020

Apple’s WWDC kicks off June 21. But rather than the company’s traditional developer conference held in a large, packed event space, the COVID-19 era has forced Apple to take one of its most important events of the year entirely online. But don’t expect Apple (AAPL) to...
This week in Trumponomics: Coronavirus backsliding begins

This week in Trumponomics: Coronavirus backsliding begins

Jun 19, 2020

President Trump insists “we won’t be closing the country again,” no matter how aggressively the coronavirus reasserts itself. But the country might close itself, without him. Apple said June 19 it’s re-closing 11 stores in Arizona, Florida, North Carolina and South...
One way to reduce the racial wealth gap is with more 401(k)s: Expert

One way to reduce the racial wealth gap is with more 401(k)s: Expert

Jun 19, 2020

Studies of the racial wealth gap have found that white households have between 6 and 10 times as much saved in the bank as their African-American counterparts.  And that ratio has been largely unchanged (and even grown by some measures) for decades and decades. One...
Constantine Maroulis on reopening Broadway: ‘We will be back’

Constantine Maroulis on reopening Broadway: ‘We will be back’

Jun 19, 2020

The bright lights of Broadway went dark in March because of the Covid-19 pandemic, costing thousands of jobs and more than a billion dollars in lost revenue.  “We’ve been absolutely decimated by this pandemic,” Broadway star and Tony-nominated actor and producer,...