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Business Matters: US President Joe Biden cancels student debt of $5billion

US President Joe Biden cancels student debt of $5billion

20/01/2024 GMT

BBC World Service - Business Matters, US President Joe Biden cancels student debt of $5billion

Joe Biden cancels student debt of $5billion

The U.S. President Joe Biden has announced plans to cancel student debt of nearly $5 billion for an additional 74,000 borrowers. This includes  more than half who earned forgiveness after 10 years of public service as teachers, nurses and firefighters.

Madonna sued after allegedly arriving on stage two hours late for Celebration tour. The two fans behind the claims say she arrived late for the Celebration tour at New York's Barclays Centre in December

Some companies are making their products smaller in order to preserve profits during the cost of living crisis. It is called  shrinkflation and we examine what it means for customers. (Picture: Joe Biden supporters march about student debt relief  Credit: REUTERS/Leah Millis/File Photo )

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