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In recent dealings, Carvana, the used-car e-commerce platform, has come under scrutiny following a tell-all report released by short-seller Hindenburg Research. The company, which has seen its shares soar nearly 400% in 2023 as it implemented a turnaround strategy, now faces serious allegations suggesting that this success may be nothing more than a façade. Hindenburg
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As President Joe Biden prepares to leave office and President-elect Donald Trump readies for the transition, nearly 40 million federal student loan borrowers are facing a significant shift in student loan policy. The incoming Trump administration arrives with a history of skepticism towards student loan forgiveness programs and may prioritize different strategies regarding student debt
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Affirm Holdings, a leader in the buy now, pay later (BNPL) financing sector, recently unveiled its fiscal first-quarter results, which surpass analysts’ expectations. The company reported an adjusted loss per share of 31 cents, which is notably better than the forecasted loss of 35 cents. This positive deviation speaks volumes about Affirm’s ongoing strategy to
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The landscape of the solar energy sector is undergoing a tumultuous transformation following Donald Trump’s unexpected return to the presidency. Investors in solar stocks reacted swiftly, demonstrating palpable anxiety over the potential repeal of the Inflation Reduction Act (IRA), a cornerstone of clean energy growth initiated under President Biden. This legislative framework, which provided substantial
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The landscape of student loan repayment in the United States has recently shifted, as the Department of Education has renewed two crucial repayment plans: the Pay As You Earn (PAYE) repayment plan and the Income-Contingent Repayment (ICR) plan. Amidst ongoing legal struggles surrounding the Saving on a Valuable Education (SAVE) plan, these reintroduced options provide
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The recent crash of a Jeju Air Boeing 737-800 has sent shockwaves through the aviation industry and resulted in a significant decline in Boeing’s stock value. On Monday, Boeing shares plummeted more than 2%, reflecting market concerns surrounding safety and operational integrity following the tragic accident that claimed the lives of 179 individuals aboard. With
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