business

New Student Loan Repayment Plan May Increase Payments for Borrowers, Tax Strategies Can Help Reduce Costs

06/13/2026, 06:36 AM business forecast

The upcoming Repayment Assistance Plan (RAP) for federal student loans, effective July 1, could lead to higher monthly payments for many borrowers, especially those transitioning from the now-defunct SAVE plan. Strategic tax planning may help borrowers lower their payments under RAP by reducing their adjusted gross income (AGI).

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Rivian CEO RJ Scaringe Pursues Separate Humanoid Robotics Venture with Mind Robotics

06/13/2026, 05:36 AM business growth ai Mind Robotics Rivian Automotive

Rivian Automotive's CEO RJ Scaringe is launching a robotics company, Mind Robotics, which aims to develop humanoid robots to work alongside human employees, marking a strategic divergence from Tesla's approach under Elon Musk. This initiative could significantly impact Rivian's operational efficiency and position in the evolving robotics market.

Drugmakers Compete to Innovate in Obesity Treatment Market with New GLP-1 Pills and Alternative Therapies

06/13/2026, 05:36 AM business review healthcare AstraZeneca Novo Nordisk Amgen Pfizer Eli Lilly

The race among drugmakers to develop innovative obesity treatments is intensifying, with Eli Lilly and Novo Nordisk leading the market while new entrants explore alternative therapies. This competition is crucial as it could reshape the landscape of weight-loss medications and impact pricing and accessibility for patients.

Paramount Skydance’s Acquisition of Warner Bros. Discovery Receives Approval from U.S. Department of Justice

06/12/2026, 02:09 PM business announcement Warner Bros. Discovery

The U.S. Department of Justice has approved Paramount Skydance's acquisition of Warner Bros. Discovery, marking a significant step in a $110 billion deal that may still face legal scrutiny from state officials.

Social Security COLA for 2027 Estimated to Rise to 4.7% Amid Increasing Consumer Prices

06/12/2026, 11:35 AM business forecast

The projected Social Security cost-of-living adjustment (COLA) for 2027 is estimated to rise to 4.7%, influenced by recent inflation data, which could significantly impact beneficiaries' purchasing power amid ongoing price increases.

S&P 500 Index Committee Decides Against Including SpaceX in the Index for One Year Following Historic IPO

06/12/2026, 04:36 AM business review

The S&P 500 Index committee has decided not to include SpaceX in its index for at least a year following its historic IPO, which could significantly impact investors relying on S&P 500 funds for exposure to major U.S. companies.

Stocks to Watch: Adobe (ADBE) Declines After CFO Departure, AMD (AMD) Upgraded to Buy by Citi

06/12/2026, 04:36 AM business review

Adobe's shares fell 6.8% after missing operating margin estimates, while AMD gained over 1% following a positive upgrade from Citi, indicating potential market share gains against Nvidia. Overall, the market showed mixed reactions with energy stocks declining and travel stocks benefiting from lower oil prices.

Luxury Stocks Surge Following Proposed U.S.-Iran Peace Deal; LVMH Shares Rise 5%

06/12/2026, 02:36 AM business stock_growth consumer

Luxury stocks experienced a significant rise following news of a proposed U.S.-Iran peace deal that could reopen the Strait of Hormuz and lift U.S. oil sanctions, which is crucial for the sector's recovery amid previous downturns caused by the Iran war.

Nearly 7 Million Student Loan Borrowers Remain in Defunct Biden-Era SAVE Repayment Plan, Warns U.S. Education Official

06/11/2026, 01:35 PM business review

The Biden administration's SAVE repayment plan for student loans is facing significant challenges, with nearly 7 million borrowers at risk of accumulating more debt and missing out on forgiveness opportunities as the program is set to end.

CVS Health Executives Discuss Innovations in Healthcare at AHIP 2026 Conference

06/11/2026, 12:36 PM business research healthcare CVS Health

CVS Health is leveraging AI technology to streamline healthcare processes and enhance patient experiences, which could significantly impact the efficiency of the healthcare system and patient outcomes over the coming years.