The new rollout of FAFSA went anything but smoothly. Parents and students struggled to access the form. Others had their income reported incorrectly, leading to less aid for students who needed it most. About 47% of first-generation students weren’t able to complete FAFSA, a Study.com report found. The study surveyed…

Americans are racking up more credit card debt as still-high inflation and steep interest rates continue to make the cost of everyday necessities more expensive.  The New York Federal Reserve Bank’s Quarterly Report on Household Debt and Credit, slated for release on Tuesday morning, is expected to show that credit…

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The 50/30/20 rule is a beginner-friendly budget guide you can start following today.  The 50/30/20 rule provides a way to simply break up your after-tax income. With this rule, there are three different “buckets” your money falls into. These buckets are needs, wants and savings. With this rule, 50% of your…

The Nathan’s Famous Fourth of July hot dog eating contest will be down one dog this year.Major League Eating announced Tuesday that it’s parting ways with 16-time champion Joey “Jaws” Chestnut ahead of this year’s competition, hosted by Nathan’s Famous.Chestnut was previously offered a $1.2 million, four-year contract with MLE…

Check out the companies making headlines in after-hours trading. Oracle — The tech company’s shares jumped nearly 9% after it announced cloud deals with Google and OpenAI, despite posting a miss on fiscal fourth-quarter results. Oracle posted adjusted earnings of $1.63 per share on revenue of $14.29 billion, while analysts…

More than 15,000 Amazon contract drivers filed arbitration claims against the e-commerce giant on Tuesday, alleging Amazon classified them as independent contractors instead of employees with minimum wage and overtime rights. Millions of Americans participate in the “gig economy,” freelancing work through delivery and ride apps like Lyft, Uber, Doordash…

The following segment was excerpted from this fund letter. In our Q3 2023 commentary, we featured a section on our investment in Danaher (DHR) entitled “Purity in the Crown Jewel of Bioprocessing.” Specifically, we were speaking to Cytiva, Danaher’s bioprocessing business formed by the merger of PALL Corp and GE’s…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shari Redstone has ended talks with Skydance Media over a deal that would have handed control of entertainment empire Paramount from her family to billionaire scion David Ellison.The decision closes the books…

South Carolina Rep. Nancy Mace will win the Republican primary for the state’s 1st Congressional District, CNN projects, staving off two challengers and a push by allies of former House Speaker Kevin McCarthy, whom she voted to oust. By taking a majority of the vote Tuesday, Mace is projected to…