A senior Biden administration official denies claims by seven Republican state attorneys general that the Department of Education planned to forgive $147 billion in student debt before finalizing the rule, stating that only preparatory work was being done. The AGs allege that the DOE was secretly implementing the plan, leading to a temporary block by a Georgia judge. The lawsuit challenges the program’s legality, claiming it violates the Constitution, with a hearing scheduled next week.
Full Article
Why TotalEnergies Stock Slumped Today
The stock of fuel and chemicals conglomerate TotalEnergies (NYSE: TTE) fell nearly 3% after the company reported second-quarter earnings, revealing net revenue of just under $44.7 billion, down from approximately $49.2 billion in the same period of 2024. In contrast, the S&P 500 index managed a slight gain on the same day. Want More Context? 🔎
Read more