President Donald TrumpSaul Loeb/AFP/Getty ImagesThe Department of Education announced an agreement to transfer student-loan borrowers to the Treasury Department.The transfer will begin with defaulted student-loan borrowers' accounts.It's Trump's first step toward moving federal student loans out of the Department of Education.The Trump administration took its first step toward transferring the student-loan portfolio out of the …
Business Insider's Cadie Thompson leads the roundtable discussion.Lenny Poplianski ` ); } if ( document.querySelector(".gi-sponsor-module") && document.querySelector(".full-bleed-hero") && document.querySelector(".is-enhanced") ) { document.querySelector(".share-bar").insertAdjacentHTML( "beforebegin", `
Business Insider's reporter toured a Chicago rental.Joey Hadden/Business InsiderI live in New York City and rent a one-bedroom apartment for $2,200 a month.During a recent trip to Chicago, I toured an apartment for the same price, but it was twice as big.The Chicago apartment also had more amenities than my NYC home, like in-unit laundry.Sometimes, …
USPS is running out of cash, the Postmaster General warned during congressional testimony.Jakub Porzycki/NurPhoto via Getty ImagesThe USPS could run out of cash within a year, David Steiner warned.Steiner said the agency may need to raise its borrowing limit or increase prices to stay afloat.USPS risks losing a significant share of its Amazon shipping business.The …
Amazon said that USPS backed out at the "eleventh hour" in contract negotiations in December.Spencer Platt/Getty ImagesAmazon said that USPS backed out at the "eleventh hour" in contract negotiations in December.Amazon said it had aimed to expand the volume of packages it routes through USPS.USPS is facing a financial cliff and could run out of …
Jack Dorsey's Block laid off over 4,000 employees. A small number say they've since been rehired.Matt Crossick/PA Images via Getty ImagesBlock has rehired at least four laid-off employees, according to LinkedIn posts.One engineer said he was rehired after his layoff was deemed a "clerical error." Another said their manager advocated for them.Technical lead Richard Hesse …
Chen Mengtong/China News Service/VCG via Getty ImagesIt's the second Fed day of 2026, and America's economic woes are making headlines.The Federal Open Market Committee will announce its March interest rate decision at 2 p.m. ET. The meeting comes on the heels of a dismal February jobs report and an escalating conflict between the US and …
Roger Shedlin is the founder and CEO of WIN.Marissa Alper for BI ` ); } if ( document.querySelector(".gi-sponsor-module") && document.querySelector(".full-bleed-hero") && document.querySelector(".is-enhanced") ) { document.querySelector(".share-bar").insertAdjacentHTML( "beforebegin", `
Anduril's AI-powered software Lattice will be the command and control platform the US' joint counter-drone task force.John Keeble/Getty ImagesThe Army and Anduril have struck a substantial deal for counter-drone software intended for use across the government.The platform connects different sensors and weapons and allows for data sharing.The deal is part of a larger multi-billion-dollar plan …
An EU privacy watchdog is investigating X.Pablo VERA / AFP via Getty ImagesA lawsuit against Elon Musk's xAI alleges the Grok chatbot made sexualized images of three minors.The complaint accuses xAI of profiting from the "sexual predation of real people."Grok sparked massive backlash earlier this year after it was used to generate sexualized images.A new …
