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Biden administration to cancel $6.1 billion in student debt for borrowers who were scammed by single school

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The Department of Education is cancelling $6.1 billion worth of student debt for 317,000 borrowers who were scammed by their school, officials announced Wednesday.

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TSMC beats forecasts with 54% surge in profits on soaring AI demand

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Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms

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Don’t be grumpy about taking RMDs — you’ve got lots of options

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What you do with required minimum distributions depends on your eventual plans for that money.

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CSX stock falls as railroad warns on impact of hurricanes, lower fuel prices

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Shares of CSX Corp. fell after hours on Wednesday after the railroad operator said the fourth quarter would be “more challenging” in the wake of falling fuel prices, weaker coal demand and two massive hurricanes in the Southeast.

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