The Biden administration has been looking for ways to provide more student loan borrowers with relief.
The big picture: While the Supreme Court has blocked Biden's signature student loan forgiveness plan, the administration has managed to dole out almost $132 billion in relief for more than 3.6 million borrowers – and has signaled there's more to come.
The Quaker Oats Company is recalling dozens of granola bar and cereal products for potential salmonella contamination in a new recall posted Friday.
Why it matters: The salmonella bacteria can "cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems," the company said in its recall.
There is no greater collective action problem than global warming — and there has never been a more impressive attempt to overcome collective-action obstacles than the COP process, the latest iteration of which has just wrapped up in Dubai.
Why it matters: It's easy to be cynical about the spectacle of thousands of delegates flying atmosphere-destroying planes to a petrostate capital for a global-warming conference chaired by the head of the Abu Dhabi National Oil Company. But in a fracturing and deglobalizing world, it's worth taking stock of the degree of consensus and real progress that has been made over the past 30 years.
The price of gas is coming down — on average it's now just $3.07 per gallon, down from a high of $5.01 in June 2022. But the extra amount you have to pay to put premium high-octane gas in your vehicle only seems to ever go up.
Why it matters: Many cars these days, including pretty accessible vehicles like the Mini Cooper or the Subaru BRZ, require premium fuel.
For most of us, wealth is a backup for the risk of losing our income. For the extremely rich, however, guaranteed future income can be a backup for the risk of losing their wealth.
Why it matters: Whether you're a lottery winner or a baseball superstar, sometimes the person you can least trust with your money is yourself.
That's 2.5% of existing U.S. inventory as of 2022, according to figures that Hines, a global real estate developer and investment company, shared with Axios.
Why it matters: There aren't enough homes to keep up with the increase in households.
Other estimates also put the size of the country's housing shortage in the millions.
