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Apple crosses 1 trillion mark

Student Loan Debt Statistics In 2019: A $1.5 Trillion Crisis

February 25, 2019 by www.forbes.com

Share to Twitter Share to Linkedin Shutterstock Student loan debt in 2019 is the highest ever. The latest student loan debt statistics for 2019 show how serious the student loan debt crisis has become for borrowers across all demographics and age groups. There are 45 million borrowers who collectively owe more than $1.5 trillion in student loan debt in the U.S. Student loan debt is now the second highest consumer debt category - behind only mortgage debt - and higher than both credit cards and auto loans. Borrowers in the Class of 2017, on average, owe $28,650, according to the Institute for College Access and Success. If you are a student loan borrower, the following student loan debt statistics can help you make more informed decisions regarding student loan refinance , student loan consolidation , student loan repayment and student loan forgiveness . Student Loan Statistics: Overview Total Student Loan Debt: $1.56 trillion … [Read more...] about Student Loan Debt Statistics In 2019: A $1.5 Trillion Crisis

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Innovative Crypto Stablecoins- Still At Infancy And Experiencing Growing Pains

May 25, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Recent monetary policy tightenings have triggered steep declines in many financial markets, including crypto assets which have lost almost $1 trillion in market capitalization in just one week. Extreme market volatility triggered the disintegration of the Terra ecosystem . TerraUSD ( UST ), a dollar- pegged stablecoin, and its sister token LUNA plummeted and delisted, saddling investors with billions in losses and accelerating the wreckage of other cryptocurrencies. This debacle debunked tall claims of an innovative crypto-financial ecosystem supposedly immune to traditional finance (TradeFi) bank runs . Stablecoins, a breed of cryptocurrencies touted for their purported stability, became vulnerable during the week ending May 13th, 2022, showing a glimpse of how things can go horribly wrong. The algorithmic stablecoin UST lost its dollar peg, collapsed, and wiped out nearly $50 billion in market value. The Terra … [Read more...] about Innovative Crypto Stablecoins- Still At Infancy And Experiencing Growing Pains

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The Ultimate Travel Guide To Hudson, New York

May 26, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Whether you arrive in your electric Porsche or by Amtrak with a backpack, entering the small city of Hudson gives an illusion of stepping onto a movie set — Wes Anderson’s, no less. The city that was initially settled by whalers from Nantucket and Martha’s Vineyard and thrived as a whaling hub in the 18th century has recently earned a reputation as the Brooklyn of upstate New York. Amid hip coffee bars and boutique stores, Queen Anne style mansions and Victorian houses are still erect while derelict buildings are spotted throughout the city, indicating the faint remnants of the seedy history of Hudson. After all, Columbia Street — formerly Diamond Street — was notorious for gambling and prostitution in the early 20th century. This complete jumble and multi-layers of history are all laid bare in Hudson, strangely looking harmonious together and giving away the history of the rise and fall — and rise again — of the city. … [Read more...] about The Ultimate Travel Guide To Hudson, New York

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Ukrainian nuns take in dozens displaced by war

May 26, 2022 by www.thestar.com.my

In high, tremulous voices, the Sisters of the Holy Family were chanting their midday prayers when a child’s gleeful shout echoed from a nearby corridor, punctuating the solemn incantation. The Ukrainian nuns didn’t miss a beat. At this quiet monastery in the green foothills of the Carpathian mountains, the timeless rhythms of spiritual life have been altered in ways large and small by the presence of dozens of war-displaced mothers and children, many of whom arrive terrified and traumatised by bombardment and fighting. “They belong here, for as long as they need to stay,” said Sister Bernadette, one of the dozen nuns extending shelter to a refugee roster that currently stands at 40 – close to their maximum capacity of 50 – numbers that fluctuate along with arrivals and departures and the war’s hopscotch path of devastation. “We want them to have a feeling of calm and safety.” With the Russian invasion soon to grind into a fourth month, more than 6 million people have fled … [Read more...] about Ukrainian nuns take in dozens displaced by war

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This Los Cabos Hotel Should Be On Every Foodie’s Bucket List

May 26, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Waldorf Astoria Los Cabos Pedregal is known for its serene surroundings (on the southernmost tip of Mexico’s Baja California Peninsula, it’s wedged between cliffs and the beach); personalized service (it has earned both the hotel and spa Forbes Travel Guide Five-Star awards since 2020); lavish accommodations (each comes with a plunge pool and ocean views); and a one-of-a-kind spa (the treatment rooms sit atop a lagoon). But what some don’t yet know is that it’s also a premier culinary destination. The Los Cabos hotel delivers unique upscale Mexican dining experiences. Whether you want a deep dive into mezcal or an unforgettable cliffside meal, Waldorf Astoria Los Cabos Pedregal will delight your palate. A Romantic Alfresco Dinner Carved into the cliffs at the far edge of the property and jutting over the ocean, El Farallon offers a breathtaking location for dinner. Sit under the stars in the open-air, dimly … [Read more...] about This Los Cabos Hotel Should Be On Every Foodie’s Bucket List

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