Core Insights - Federal student loan borrowers experienced significant changes in repayment plans during President Trump's second term, yet approximately 121,000 borrowers received debt forgiveness in 2025 [2][12] - The number of borrowers receiving forgiveness under Trump's administration is lower than under Biden's, but still represents a notable increase compared to historical averages [3][7] Public Service Loan Forgiveness - In 2025, the Department of Education forgave loans for about 117,280 borrowers through the Public Service Loan Forgiveness (PSLF) program, which discharges loans after 10 years of payments for public service workers [5][12] - The PSLF program saw an unprecedented average of 267,500 borrowers' loans forgiven annually during Biden's presidency, totaling nearly 1.07 million [7][14] Income-Based Repayment Plans - The Trump administration forgave approximately 3,570 borrowers' loans through Income-Based Repayment plans in 2025, with a significant pause in forgiveness due to legal challenges [8][10][12] - The Department of Education did not provide publicly available data on the number of borrowers receiving forgiveness through income-driven repayment plans from any administration [11] Changes in Forgiveness Programs - For most of 2025, forgiveness under income-driven repayment plans was paused, with the Department of Education resuming forgiveness in October [10][13] - Prior to Biden's administration, only 50 borrowers had received forgiveness through income-driven repayment plans, highlighting the substantial increase in forgiveness under his tenure [14]

Core Insights - The rise of rent now, pay later services indicates the increasing unmanageability of housing costs for many Americans [4][9] - Affirm has launched a pilot program allowing renters to split their payments into two installments, partnering with Esusu for credit score reporting [2][5] - Monthly service fees and potential finance charges can make these services more expensive than traditional payment methods [6][9] Company-Specific Insights - Affirm's new service does not charge interest but involves monthly fees, accessible only through Esusu's Plus and Premium services [3][5] - Other companies like Zip and Livble offer similar services, with Zip advertising an annual interest rate of 31.11% and Livble charging monthly finance charges of $30 to $40 [6][7] - Flex provides a rent-splitting option that may require landlord participation, with a monthly fee of $14.99 and additional charges [7] Industry Trends - The growth of rent now, pay later services reflects broader economic challenges, as turning rent into installment debt can increase household debt and reduce overall consumer spending [4] - Many of these services are reported to be more costly than using credit cards for rent payments, highlighting the financial strain on renters [6][9]

Core Insights - Edgewell Personal Care Company reported a Q1 fiscal 2026 GAAP EPS of -$1.41, impacted by the divestiture of its Feminine Care business, while adjusted EPS from continuing operations was -$0.16, outperforming the Zacks Consensus Estimate of -$0.18, resulting in an earnings surprise of 11.11% [1] - Revenue for the period was $422.8 million on a continuing operations basis, a 1.9% year-over-year increase, but below the Zacks Consensus Estimate of approximately $481.3 million, representing a 12.15% miss [2] - The company completed the divestiture of its Feminine Care business to Essity for $340 million, which is seen as a strategic move to focus on core areas and strengthen its balance sheet [3] Financial Performance - On a consolidated basis, net sales were $486.8 million, reflecting a 1.8% increase from the prior year, while organic net sales decreased by 0.5% on a continuing operations basis [2] - The company has exceeded consensus revenue estimates only once in the past four quarters, indicating ongoing challenges in meeting market expectations [2] - Financial ratios post-divestiture show a negative trailing P/E ratio of approximately -23.96, a P/S ratio of 0.42, a debt-to-equity ratio of 1.05, and a current ratio of 2.12, suggesting solid short-term financial health [5] Strategic Developments - The divestiture of the Feminine Care business is viewed as a pivotal milestone in the company's transformation, positioning Edgewell as a more focused and agile organization [3] - The company operates in a competitive consumer products industry, facing rivals such as Procter & Gamble and Unilever, and its Q1 performance modestly exceeded internal expectations for organic net sales, adjusted EPS, and adjusted EBITDA [4]

Shares of the tech giant fell after it posted its latest earnings numbers in January.It's been a tough start to 2026 for Microsoft (MSFT +3.24%), which is down more than 10% thus far and in danger of falling below $3 trillion in market cap. It would be a symbolic exclamation mark of the decline this normally stable stock has been on of late. It's currently down around 25% from its 52-week high of $555.45.What's gotten investors so down on the stock of late? And is this a great opportunity to invest in one o ...

中国国务院侨务办公室主任陈旭发表新春贺词 中新社北京2月10日电 在中国农历马年春节来临之际，中国国务院侨务办公室主任陈旭在北京发表新春 贺词，向广大海外侨胞和归侨侨眷致以新春祝福。 2026年是"十五五"开局之年。陈旭说："我们将继续坚持'以人为本，为侨服务'宗旨，全面贯彻落实侨务 政策，竭诚深化为侨服务，共同画好海内外中华儿女最大同心圆，凝聚起中华民族伟大复兴的磅礴伟 力。" 陈旭邀请侨胞们常回家看看，希望侨胞们以多种方式向住在国亲朋好友、各界人士，讲讲美丽中国、家 乡的故事，让世界更了解中国、了解中华民族，助力中外文化文明交流互鉴。 "在中华传统文化中，马代表着奋发向上、活力充沛、勇敢进取。"贺词最后，陈旭祝大家阖家幸福、万 事如意、龙马精神、马到成功。(完) 本文为转载内容，授权事宜请联系原著作权人 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 陈旭介绍，过去一年，国务院侨办会同各涉侨部门，持续做好各项暖侨惠侨工作，提供更加高效便利的 服务，加强联系慰问和关怀救助；支持侨胞办好华文 ...

DALLAS, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Spring Valley Acquisition Corp. IV (the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit on February 9, 2026. The units are expected to be listed for trading on the Nasdaq Global Market under the ticker symbol ...

Core Viewpoint - A securities class action lawsuit has been filed against Inovio Pharmaceuticals, alleging that the company misled investors regarding the manufacturing deficiencies of its CELLECTRA device and the regulatory prospects of its INO-3107 BLA [1][2]. Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the Eastern District of Pennsylvania on behalf of all individuals or entities who purchased Inovio securities between October 10, 2023, and December 26, 2025 [1]. - The complaint claims that Inovio failed to disclose significant issues, including deficiencies in manufacturing for the CELLECTRA device and the unlikelihood of submitting the INO-3107 BLA to the FDA by the second half of 2024 [2]. Group 2: Allegations Against Inovio - Allegations include that Inovio lacked sufficient information to justify the eligibility of the INO-3107 BLA for FDA accelerated approval or priority review, leading to overstated regulatory and commercial prospects [2]. - The public statements made by Inovio were claimed to be materially false and misleading throughout the relevant period [2]. Group 3: Investor Information - Investors who acquired shares of Inovio are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on April 7, 2026 [3].

SHANGHAI, Feb. 10, 2026 (GLOBE NEWSWIRE) -- EpimAb Biotherapeutics, a clinical stage biopharmaceutical company specializing in the development of novel multispecific antibodies, today announced the achievement of a first CTA Filing by Almirall (www.almirall.com) under the license agreement between the companies completed in 2023. Under the terms of the agreement, Almirall licensed EpimAb’s proprietary Fabs-In-Tandem Immunoglobulin (FIT-Ig) platform technology to generate, develop and commercialize bispecifi ...

While it has a better balance sheet, problems persist.Coming out of bankruptcy, Wolfspeed (WOLF 5.40%) was expected to offer investors a way to play the silicon carbide market without the shackles of its overly burdensome debt. However, the company's fiscal second-quarter earnings report showed that many of the problems that plagued the company and led to its bankruptcy still exist.NYSE : WOLFWolfspeedToday's Change( -5.40 %) $ -0.85Current Price$ 14.89Key Data PointsMarket Cap$408MDay's Range$ 14.85 - $ 16 ...

DALLAS, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Spring Valley Acquisition Corp. IV (the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit on February 9, 2026. The units are expected to be listed for trading on the Nasdaq Global Market under the ticker symbol ...