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Biden Bid to Restore Student Debt Relief Rejected by Court

Wednesday’s ruling by a three-judge panel of the New Orleans-based court is the latest blow to a plan that has been shadowed by legal doubt since Biden announced it in August. The decision left in force a ruling from a federal judge in Texas declaring the program unlawful.

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November Payrolls Unexpectedly Smash Expectations As Hourly Earnings Jump

It was supposed to be the lowest payrolls report since December 2020 and... it was, but not how the market expected. With consensus expecting a 200K print (and whisper predicting much lower amid the mass tech layoffs), virtually nobody - not even Goldman - expected a beat. And while we did in fact get the weakest print since Dec 2020...

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