President Joe Biden recently announced that the government has canceled $11.5 billion in student loan debt. Currently, the outstanding student loan debt is $1.73 trillion, according to the Federal Reserve.

The federal government has been struggling to develop a solution to its public debt crisis. Unfortunately, the Republican and Democratic parties have opposing approaches about how to resolve this significant issue. However, if the government fails to bring about a resolution by around October 18, it could result in a major financial crisis for the United States of America.

Apple employees set up a Slack channel to discuss pay equity, but the company banned the channel resulting in more controversy and tension between the company and workers.

As the deadline to apply for the Paycheck Protection Program (PPP) loan neared, the news of $130 billion in allocated funds that remain unused promoted the Senate to extend the deadline to apply until August 8, 2020.

Sixty ($60) billion has been set aside for Community Banks and Smaller Credit Unions with the goal of funneling more money to small, rural, and minority-owned businesses.