New York Fed data shows 2.6 million student loan borrowers fell into default in early 2026. The report highlights a significant increase in delinquency rates among federal student loan holders this year.
The Federal Reserve Bank of New York reports that 2.6 million student loan borrowers entered default status during the early months of 2026.
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PayPal agrees to waive $30 million in fees to settle a Justice Department probe into its minority-business funding program.
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US CPI supercore inflation rose to 0.454% in April on a monthly basis, accelerating from 0.179% in March. The year-over-year supercore rate climbed to 3.379% from 3.142%.
The US Consumer Price Index (CPI) supercore rose by 0.454% month-over-month in April, up from 0.179% in the previous month, while the year-over-year figure increased to 3.379%.
US consumer prices rose 0.6% in April, with the annual inflation rate reaching 3.8%. Core CPI, excluding food and energy, increased 0.4% monthly and 2.8% annually, slightly exceeding market expectations for the month.
US consumer prices rose 0.6% in April, matching estimates, while the year-over-year increase of 3.8% slightly exceeded the 3.7% forecast. Core CPI, which excludes food and energy, rose 0.4% for the month and 2.8% annually, both coming in slightly above expectations.
Cyberattacks cost the German economy an estimated €202 billion in 2025, according to official data. Authorities warn of an increasing volume of sophisticated, AI-driven criminal operations originating from abroad.
German authorities reported that cyberattacks caused an estimated €202 billion in losses to the national economy throughout 2025. Officials identified a rise in sophisticated, AI-enabled criminal activity originating from foreign sources.
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