Unusual Whales

President Joe Biden's administration has cancelled $1.2 billion worth of student loans for some 153,000 people who are eligible under a program used to make good on promises to increase loan forgiveness

President Joe Biden's administration has cancelled $1.2 billion worth of student loans for some 153,000 people who are eligible under a program used to make good on promises to increase loan forgiveness. Biden, a member of the Democratic Party, had previously promised to explore alternative methods
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Nearly 20% of outstanding debt on US commercial and multifamily real estate — $929 billion — will mature this year, requiring refinancing or property sales

Nearly 20% of outstanding debt on US commercial and multifamily real estate — $929 billion — will mature this year, requiring refinancing or property sales, per Bloomberg. The office meltdown will result in $1 trillion of losses, real estate billionaire Barry Sternlicht has said. According to Bloomberg, Sternlicht stated at the Global
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