COP27 Leaders End Conference with a “Loss and Damage” Agreement
UN climate talks in Egypt ended with an agreement to create a "loss and damage" fund. The fund gives money to developing countries vulnerable to the destruction caused by climate change.
Elizabeth Holmes Sentenced to 11 Years in Prison
Holmes went to market with a failed blood-testing machine that she claimed could get accurate results with just one drop of blood. Today, her sentence serves as a warning to other Silicon Valley hopefuls that there is a line between faking it till you make it and fraud.
Biden Goes to Supreme Court Attempting to Keep His Student Loan Forgiveness Plan Alive
In the last two weeks, two Courts halted the student loan relief plan. Today, Biden filed a request to fast-track the matter to the Supreme Court. If SCOTUS accepts Biden’s filing, the Court's decision will supersede the lower courts’ decisions.
The End of Crypto Currency? The Fall of FTX
FTX, a cryptocurrency exchange founded in 2019, was the world’s third-largest cryptocurrency exchange. On November 11, 2022, FTX filed for bankruptcy, and founder Sam Bankman-Fried stepped down as CEO.
Elon Musk Takes Over Twitter
Elon Musk officially closed his deal to acquire Twitter. As some celebrate the changes that will likely follow on the platform, others are concerned about what this means for the Twitter we know and love.
Biden’s Student Loan Forgiveness Held Up in Court
Student loan forgiveness is currently paused as the Eighth Circuit Court of Appeals considers a case brought by Republican states arguing the program harms state student loan companies.
Lizz Truss Out, Rishi Sunak In
Former PM of the UK, Lizz Truss, stepped down after only 45 days in office amid financial turmoil. In comes Rishi Sunak, a businessman who could be the financial expert the UK needs or a glaring reminder of the economic frustrations for the middle class.
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