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Washington — The White House is moving forward with a proposal that would lower student debt payments for millions of Americans now and in the future, offering a new route to repay federal loans under far more generous terms. President Biden announced the repayment plan in August but it was …

Amazon said it is slashing a total of 18,000 jobs, a larger number of positions than it previously announced and the largest set of layoffs in the e-commerce giant’s history. “We typically wait to communicate about these outcomes until we can speak with the people who are directly impacted,” CEO …

U.S. job openings remained high in November and workers quit at a higher rate, suggesting the job market remains tilted in favor of employees. While good news for workers, the latest numbers come as a blow to the Federal Reserve’s efforts to cool hiring and wage gains in a bid …