Tag Archives: government

‘The federal government is making profits off the backs of our students’

As lawmakers and advocacy groups continue to push for $50,000 in student debt cancellation, Senate Majority Leader Chuck Schumer expressed shock over the interest rates that borrowers are being charged by the government. “The federal government is charging our students and those who have student debt 7% interest,” Schumer (D-NY) said during a press conference organized by Student Debt Crisis, an advocacy group. “You know, I’m from Brooklyn, I’d use a curse word before that 7% … can you… Source link

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Biden’s job approval dips amid concerns over government spending

As COVID-19 cases continue to fall and an increasingly vaccinated America emerges from the worst of the pandemic, the biggest political challenge facing President Biden may no longer be the virus itself. Instead, a new Yahoo News/YouGov poll suggests that the more the U.S. recovers, the more Americans may start to question whether the administration’s multitrillion-dollar policy agenda is helping or hurting the economy. The survey of 1,561 U.S. adults, which was conducted from May 11 to 13,… Source link

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Biden’s job approval dips amid concerns over government spending

The New York Times A Desperate India Falls Prey to COVID Scammers NEW DELHI — Within the world’s worst coronavirus outbreak, few treasures are more coveted than an empty oxygen canister. India’s hospitals desperately need the metal cylinders to store and transport the lifesaving gas as patients across the country gasp for breath. So a local charity reacted with outrage when one supplier more than doubled the price, to nearly $200 each. The charity called the police, who discovered what… Source link

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Government looks to disrupt ransomware business

WASHINGTON — Amid an ongoing disruption to the delivery of fuel to the East Coast due to a cyberattack on a major U.S. pipeline, a top cybersecurity official said Thursday the U.S. government is looking at how to prevent companies and individuals from paying the hackers. “The U.S. government is looking at what can be done. … There are active discussions in the federal government about what more we can do to disrupt that business model,” said Brandon Wales, the acting director of the… Source link

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UK government intervenes in Nvidia takeover of chip designer Arm

The UK government is to examine the sale of computer chip designer Arm Holdings to a US company on national security grounds. Japan’s SoftBank intended to sell the UK tech company to Nvidia for about $40bn (£29.5bn). But Digital Secretary Oliver Dowden said he wanted the UK’s competition watchdog to assess its implications. “Following careful consideration of the proposed takeover, I have today issued an intervention notice,” he said. “As a next step and to help me gather the relevant… Source link

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Google, U.S. government tangle over pre-trial document production

FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake/File Photo WASHINGTON (Reuters) – Lawyers for Alphabet’s Google and the government tangled on Tuesday over how many documents related to the Justice Department’s antitrust lawsuit against the search and advertising giant should be turned over, and how fast. In a status conference before Judge Amit Mehta of the U.S. District Court for the District… Source link

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Google, U.S. government tangle over pre-trial document production

Google, U.S. government tangle over pre-trial document production FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake/File Photo U.S. Legal News Reuters Staff WASHINGTON (Reuters) – Lawyers for Alphabet’s Google and the government tangled on Tuesday over how many… Source link

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Google, U.S. government tangle over pre-trial document production

FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake/File Photo WASHINGTON (Reuters) – Lawyers for Alphabet’s Google and the government tangled on Tuesday over how many documents related to the Justice Department’s antitrust lawsuit against the search and advertising giant should be turned over, and how fast. In a status conference before Judge Amit Mehta of the U.S. District Court for the District… Source link

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Google, U.S. government tangle over pre-trial document production

Bloomberg One of World’s Greatest Hidden Fortunes Is Wiped Out in Days (Bloomberg) — From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.Even on Wall Street, few ever noticed him — until suddenly, everyone did.Hwang and his private investment firm, Archegos Capital Management, are now at the center of one of the biggest margin calls of all time — a multibillion-dollar fiasco involving secretive… Source link

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Indians Want Bitcoin Despite Government Stance

You can’t keep bitcoin down.  That’s true in a lot of places around the world, from Belarus to Nigeria, where crypto is a workaround for dissidents and a substitute for unreliable monetary systems.   This article is excerpted from The Node, CoinDesk’s daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here.  Related: Tesla Just Helped Patch a Bug in This Open Source Bitcoin Payment Processor But it’s especially true… Source link

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