In August, President Biden announced a loan cancellation plan that would erase an astonishing $400 billion in student debt — one of the most ambitious and expensive executive actions ever.
Now, in a far-reaching case, the Supreme Court will decide whether the president is authorized to take such a big step.
Guest: Adam Liptak, a Supreme Court correspondent ... Show More
Today
Why Gas Prices Just Keep Going Up
About a month into the war with Iran, we spoke with Cameron Joudi, who owns a gas station in Florida, about how the conflict was reaching him at home. He recently reached out after seeing a 20-cent spike in gas prices in the span of just 24 hours.Vivian Nereim, the Gulf bureau ch ... Show More
23m 52s
Sep 15
The Bond Market Is Flipping Out. Here’s Why You Should Care.
For the past few months, you’ve probably been hearing about the turbulence in the bond market.Today, Ben Casselman, the chief economics correspondent for The New York Times, explains what has been happening, and why it matters.Guest: Ben Casselman, the chief economics corresponde ... Show More
28m 28s
Mar 2023
One Thing: Will the Supreme Court Flunk Biden’s Student Debt Plan?
Last week, the Supreme Court heard oral arguments in two challenges to President Joe Biden’s student debt forgiveness plan. While we wait for a ruling, millions of eligible borrowers remain in limbo, wondering just how much they will owe when payments resume. We break down how th ... Show More
16m 24s
Jun 2023
Student Groans, and Apple's Big Milestone 6/30/23
<p>The Supreme Court just struck down President Biden’s plan to cancel $430 billion dollars of student loan debt. We’ll look at what this means for the economy.</p><p>Plus, Apple’s market cap now tops $3 trillion, as the shares soar to a new all-time high. But the question invest ... Show More
43m 34s