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Biden's Student Loan Relief Mission
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Biden seeks to alleviate student loan burden with $132 billion relief, despite challenges from a Supreme Court decision. The stock market rebounded in 2023, driven by tech giants like Apple, Alphabet, Amazon, Meta, Nvidia, and Tesla. The Federal Reserve manages interest rates in response to inflation and economic conditions, with potential reductions or increases. The labor market demands higher wages and flexible work rules, potentially affecting inflation. Borrowing costs have soared, impacting borrowers with leverage.
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How could the labor market's demands for higher wages and flexible work rules influence future economic conditions?
How might the Supreme Court decision impact the effectiveness of Biden's student loan relief plan?
What are the potential long-term implications of the stock market rebound driven by tech giants?
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