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Biden administration launches new income-driven student debt repayment plan

Published Fri, 27 Dec 2024 12:11:55 GMT

(CNN) — The Biden administration is launching a beta website for its new income-driven student loan repayment plan today, officials told CNN, allowing borrowers to begin submitting applications for the program as federal student loan payments are set to resume in October.The SAVE, or Saving on a Valuable Education, plan was finalized after the Supreme Court struck down President Joe Biden’s student debt forgiveness initiative in June. It marks a significant change to the federal student loan system that could lower monthly loan payments for some borrowers and reduce the amount they pay back over the lifetime of their loans.“Part of the president’s overall commitment is to improve the student loan system and reduce the burden of student loan debt on American families,” a senior administration official said, previewing the beta website first to CNN. “The SAVE plan is a big part of that. It is important in this moment as borrowers are getting ready to return to repayment.”Federal stude...

1 hospitalized after apartment building fire in North Miami Beach

Published Fri, 27 Dec 2024 12:11:55 GMT

A fire in an apartment building in North Miami Beach led to one person being hospitalized Sunday night. The blaze broke out in the 900 block of Northeast 167th Street.Upon arrival at the scene, firefighters promptly entered the building and successfully evacuated the residents. As the fire was brought under control and extinguished, residents were temporarily displaced from their homes. However, following thorough assessments of the building residents have since been allowed to reenter the building.Investigations into the cause of the fire are currently underway.

Moisture makes a comeback this week

Published Fri, 27 Dec 2024 12:11:55 GMT

Active weather day ahead South Florida! Scattered showers & storms possible with a few becoming strong to severe. Main hazards include strong winds, frequent lightning, & heavy rainfall. Highs in the low to mid 90’s in some areas.Low pressure are located about 700 miles East-Northeast of the Northern Leeward Islands could develop into a Tropical Depression in the next day or so as it moves to the Northwest over the Atlantic Ocean.Low pressure system off the mid-Atlantic states appears to be acquiring non-tropical characteristics and has a low chance to form before merging with a front.Have a wonderful week South Florida and make it a safe one! Vivian GonzalezMeteorologist, AMS Certified WSVN Channel 7

Russia will monitor Saudi-hosted Ukraine peace talks

Published Fri, 27 Dec 2024 12:11:55 GMT

Russia said Monday it will closely follow talks on Ukraine set to take place in Saudi Arabia early next month.Saudi Arabia is planning to host peace talks including Ukraine, Western nations and selected major developing countries in August, the Wall Street Journal reported Saturday.Russia — which launched a full-scale invasion of Ukraine in February 2022, and continues to pound Ukraine with missile attacks — was not invited to the talks, but Kremlin spokesperson Dmitry Peskov said Moscow will “follow this meeting,” reported Russian state-owned media outlet RIA Novosti on Monday.“It remains to be fully understood what goals are set and what, in fact, the organizers plan to talk about,” said Peskov, adding that any attempts to promote a peaceful settlement are “worthy of a positive assessment.” Russian President Vladimir Putin recently said there could be no cease-fire while Ukrainian forces are “on the offensive.”The upcoming Saudi-hosted talks, which could bring to...

Billionaire rethinking new UK green investment after Sunak backs ‘failed tech’ carbon capture

Published Fri, 27 Dec 2024 12:11:55 GMT

LONDON — An Australian billionaire says he may step back from investing in U.K. green technologies after the government announced new backing for carbon capture and storage (CCS) technology.Andrew Forrest, an international investor and climate philanthropist, said U.K. government plans to put billions of pounds into CCS meant “putting Britain’s hopes [on] failed technology.”Prime Minister Rishi Sunak confirmed on Monday that the government would be investing in CCS projects in Northeast Scotland and the Humber. The government has committed to providing up to £20 billion for the “early deployment” of carbon capture technology over the next two decades.Forrest, one of Australia’s wealthiest business people, told POLITICO that he had “deep respect” for Sunak, but described CCS as a climate strategy promoted by the oil and gas industry. It was an industry “just waiting for the next idiot to come along,” Forrest said.Forrest, founder of Australian iron ore mining giant Fortescu...

State, local police investigating after assault reported on Charles River walkway in Waltham

Published Fri, 27 Dec 2024 12:11:55 GMT

Authorities are searching for a suspect after they say a woman was assaulted while walking along the Charles River in Waltham over the weekend.Massachusetts State Police said it was after 8 p.m. on Sunday night when both troopers and Waltham police officers were called to the Charles River Greenway between Newton and Farewell streets.According to MSP spokesperson Dave Procopio, a woman in her 20s reported that she had been walking on a footbridge near the Shaw’s supermarket off of Calvary Street when she heard footsteps, just before someone approached her from behind and attempted to cover her mouth with their hand.The individual then let go and fled after the victim was able to scream and take evasive action, Procopio said.Both MSP units and Waltham police later searched the area, but were not able to locate a suspect.Officials described the individual as being a male in his 30s or 40s, “with tan skin, of average height and with an athletic build,” authorities add...

Orioles reset: Tyler Wells’ demotion might be just the beginning of Baltimore’s workload management | ANALYSIS

Published Fri, 27 Dec 2024 12:11:55 GMT

Tyler Wells’ demotion would’ve been unfathomable three weeks ago. Sunday, it was barely a surprise.Wells, the Orioles’ best starting pitcher in the season’s first half, was optioned to Double-A after his third straight poor start Saturday. Since the All-Star break, the 6-foot-8 right-hander has been almost unrecognizable to the reliable starting pitcher who was leading the majors in WHIP.The increasing workload for Wells, who pitched just 163 total frames from 2019 to 2022, has been a question facing the club since he solidified his spot in the rotation and quickly approached his single-season innings high. The Orioles gave their answer Sunday, with manager Brandon Hyde explaining the demotion as a way to give Wells a “breather,” manage his workload and get him back to the consistent starter who was integral to Baltimore’s success in the first half.There’s not much argument over the validity of the Orioles’ decision to option Wel...

Patriots rookie WR returns, Matt Judon limited again at Monday practice

Published Fri, 27 Dec 2024 12:11:55 GMT

FOXBORO — Patriots outside linebacker Matt Judon and running back Rhamondre Stevenson were again limited at Monday’s practice, the team’s first padded session of training camp.Starting left tackle Trent Brown joined Judon and Stevenson on a separate field for conditioning work after initial stretching. Monday marked Brown’s first practice with limited participation.Related ArticlesNew England Patriots | Bailey Zappe encouraged by TDs in Patriots QB’s best practice of training camp New England Patriots | Patriots extra points: Ezekiel Elliott coveted by Pats playmaker New England Patriots | Patriots training camp Day 5: Matt Judon limited, Bailey Zappe and two rookie WRs shine New England Patriots | Kendrick Bourne’s lack of action an early Patriots training camp mystery New England Patriots | Patriots rookie DL Keion White explains early growth in training camp Elsewhe...

Nova Scotia RCMP suspend search for youth missing since severe flooding

Published Fri, 27 Dec 2024 12:11:55 GMT

Nova Scotia RCMP say they have suspended their search for a youth who was among four people swept away on July 22 by rushing floodwaters following a historic storm.Police said today they have temporarily stopped looking for the youth until the remaining water in the search area northwest of Halifax is able to drain.RCMP have said two vehicles were knocked off the road into a hayfield in Brooklyn, N.S., by rapidly rising water during a storm that dumped up to 250 millimetres of rain on parts of the province.Last week, searchers recovered the bodies of two six-year-old children — identified as Natalie Hazel Harnish and Colton Sisco — and 52-year-old Nicholas Holland, who was travelling with the missing youth.RCMP say the search shifted Friday from the hayfield to an area beside it, which is now 85 per cent drained and searched.Police say a search of the shoreline in a neighbouring county was concluded on Sunday.

Stock market today: Wall Street drifts as it heads toward the close of another winning month

Published Fri, 27 Dec 2024 12:11:55 GMT

NEW YORK (AP) — Stocks are drifting Monday as Wall Street rolls toward the close of another winning month.The S&P 500 was virtually unchanged in early trading and on track for a fifth straight month of gains, which would be its longest streak in nearly two years. The index is still close to its highest level in nearly 16 months after rallying on hopes cooling inflation will mean the economy can avoid a long-predicted recession.The Dow Jones Industrial Average was also flipping between modest gains and losses and was up 13 points, or less than 0.1%, as of 10 a.m. Eastern time. The Nasdaq composite was 0.1% lower.To be sure, critics have been saying Wall Street’s seemingly growing consensus for a soft landing for the economy has come too quickly. Several reports this upcoming week could poke holes in the theory that inflation will keep coming down enough for the Federal Reserve to not only stop hiking interest rates but to begin cutting them early next year.High rates undercut inf...