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President Joe Biden's decision to forgive $10,000 in student loan debt will come on Wednesday, August 24, according to reports.

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Biden is expected to announce his decision to forgive $10,000 in student loan debt for borrowers earning less than $125,000 a year. The plan is expected to cost taxpayers $32 billion.

Eligible borrowers include those with federal Direct Loans, FFELP Loans, Perkins Loans, Parent Plus Loans and Grad PLUS Loans.

The White House claims Biden has already canceled more debt than any other administration in history.

Biden will also extend the moratorium on paying back loans for people earning over $125,000.

At $1.6 trillion, student loan debt exceeds credit card or auto loans in the 50 United States.

A majority of Americans are concerned the student loan forgiveness plan will further increase inflation.

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Wendy Williams was supposed to get access to her bank accounts in July. But Wells Fargo bank is still freezing her funds, according to her manager Will Selby.

Williams, 58, has been battling the bank for control of her estimated $20 million fortune since January 2022.

A financial guardian was appointed to give Williams a monthly allowance.

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A source close to Williams told The US Sun, "her team has not been paid since these accounts were shut. Her manager is relatively new, but there are people who have been working for her this entire time and they haven't seen a dime since the accounts were closed either."

Williams' accounts were frozen after bank officials claimed she has dementia and she's being exploited by people within her inner circle.

Dementia is a degenerative mental disorder characterized by memory loss and impaired thought processes that affects a person's ability to function and carry out activities of daily living.

Some days are better than others for people who suffer from dementia. Dementia is not a normal part of aging. It is caused by disease or injury to the brain cells.

A wide-eyed Williams recorded a video message promising her Instagram followers she will be back. The former daytime TV host is shopping a deal for a new podcast series.

Watch the video below.

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Pastor Creflo Dollar made blog headlines recently when he called tithing a "scam."

The founder of the Christian World Changers mega church in College Park, Georgia, said, "Today I stand in humility to correct some things I've taught for years and believed for years."

He said the Bible never instructed believers to give 10% of their income to the church.

Pastor Dollar has had a change of heart.

Via Rhymeswithsnitch -- "In a recent sermon Creflo Dollar tells his flock that tithing is Old Testament law and that the New Testament requires generous giving. So instead of tithing 10% you should generously give 40%, but ultimately how much you give is between you and God."

Dollar was among the first mega-church preacher to demand W9 forms from his parishioners to determine how much they should be tithing.

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Pastor Dollar and his wife Taffi share 5 children and reside in a custom built 17,000 square foot mansion in Fayetteville, Ga.

In June 2012, Dollar was arrested for an allegedly choking his 15-year-old daughter, according to the Fayette County, Georgia, Sheriff's Office.

The charges were dropped in January 2013 after he attended anger management classes.
 

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Rihanna and A$AP Rocky's baby boy is already worth $1.4 billion, bypassing Kylie Jenner and Travis Scott's children on the Hollywood rich babies list.

Rihanna, 34, and A$AP, 33, welcomed their first child, a boy, on May 13 in a Los Angeles hospital.

It is estimated that the newborn is worth $1.5 billion USD based on his parents' combined net worth.

According to PEOPLE, Rihanna and her newborn are resting at her home in Los Angeles. A$AP moved in with her after the police raided his rental property following his arrest at LAX Airport on April 20.

"Rihanna is doing well. They are very excited to be parents. Rihanna is already a wonderful mom," said PEOPLE's source.

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The wealthy baby bypasses Kylie Jenner's second child, a boy named Wolf, by her boyfriend, rapper Travis Scott, 31. They also share daughter Stormi. Both children will split their mother's fortune.

Travis lost about half of his net worth after 10 fans were crushed to death at his Astroworld music festival in Houston last November.

The rapper faces over $1 billion in lawsuits and owes millions in attorney's fees to a team of lawyers.

Adding to his woes is the fact that he can't find work due to the tragedy hanging over his head.

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Second on the rich babies list are Kanye YE West and Kim Kardashian, whose four children will split their net worth of $3.2 billion USD ($800 million each).

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Coming in third are Jay Z and Beyonce, whose 3 children - Blue Ivy, 10, and 4-year-old twins Sir and Rumi will share their combined net worth of $1.6 billion (about $533 million each).

Jay Z is also rumored to have 2 outside children, who will not share his fortune.

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Total chaos erupted as cryptocurrency investors saw their life savings wiped out overnight.

More than $1 trillion was lost from the cryptocurrency market due to massive sell-off this week. Over $200 billion was lost in a single day.

Bitcoin dipped below $26,000 before rallying to around $29,000 on Thursday.

Both Bitcoin and ethereum, its closes rival, are down 30% in the past 7 days, according to reports.

Shares of Coinbase dipped Wednesday after the company said its revenue fell 27% from a year ago.

Small investors who bet their life savings in cryptocurrency are among the hardest hit.

One Luna crypto investor lost his entire life savings ($488,000 USD) when the cryptocurrency crashed 98% overnight.

"I will lose my home soon. I'll become homeless," he wrote in a post on the TerraLuna sub-Reddit. Hundreds of Redditors posted similar stories in other subs.

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One Reddit sub locked new posts after users expressed suicidal thoughts.

Terra Luna was among the Top 10 cryptocurrencies in the world until it dipped below $1 on Wednesday from a peak of $120 just last month.

The Terra Luna crash sparked the massive crypto market sell-off this week.
 
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Jesse Williams's ex-wife, Aryn Drake-Lee will have to get a job after a judge drastically reduced her $40K a month child support payments.

The former "Grey's Anatomy" star pleaded with a judge to reduce his child support payments, saying his ex should get a job.

In her response, Drake-Lee said she shouldn't have to get a job just because he quit his high-paying acting gig.

According to TMZ, a judge sided with Jesse, and "temporarily modified" his monthly child support payments to $6,413 based on his current salary o f $1,668 per week.

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According to court documents obtained by Radar Online, Drake-Lee said she believes her ex has the necessary funds to continue paying her their agreed-upon support of $40K a month for their two children.

After finalizing their divorce in 2020, the couple agreed Jesse would pay $40,000 a month in child support and she would keep the house.

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In his motion to reduce his child support payments, Jesse pleaded with the judge, saying he decided to leave Grey's Anatomy so he could grow as an artist. He is currently starring in a Broadway play, Take Me Out, but his salary is only $1,668 per week — a mere pittance of his Grey's Anatomy paychecks.

Jesse said Drake-Lee should return to her lucrative career as a real estate agent in New York. But her attorney disagreed, saying:

"...he fails to mention that [Aryn] gave up her thriving career in New York for him more than 13 years ago, to relocate to California to support and focus on building his acting career and businesses. Her 'income' during the marriage as his unofficial manager, is comparable to her income now."

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Dr Dre escaped his failed marriage to Nicole Threatt Young with most of his fortune intact.

The mega producer is reportedly "delighted" that his ex-wife is only getting a fraction of his $800 million estate.

According to TMZ, Dre agreed to pay Nicole $100 million -- $50 million now, and $50 million a year from now.

The divorce settlement won't put a dent in Dre's estimated net worth of $820 million.

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Nicole is reportedly upset that she didn't get half of Dre's total net worth. Fortunately for Dre, he had an ironclad prenup that she tried -- and failed -- to contest.

Dre gets to keep 7 of the properties they own, including a Malibu home, 2 homes in Calabasas, and 4 properties in the L.A. area, including the $100 million Brentwood estate.

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In addition, Dre gets full rights to his master recordings, trademarks and interests in various partnerships and trusts. He also keeps all of their Apple stocks, which includes the proceeds from the sale of Beats by Dre.

In addition to 4 cars, she gets to keep jewelry, cash and bank accounts that she had maintained during the marriage.

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Going forward, Nicole must pay her own legal fees. The final bill amounts to millions of dollars.

Sources tell TMZ that Nicole could have walked away with a bigger slice of Dre's empire had she settled a year ago. "She could have even been on the field for the Super Bowl halftime show as a friendly ex-wife," the source said.

The final settlement means Nicole will not get spousal support -- something she hotly contested during the bitter divorce.

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A new guaranteed income pilot in Georgia will benefit hundreds of Black women. It will be the largest guaranteed income program in the United States.

According to HuffPost, hundreds of Black women in Atlanta will get $850 per month in guaranteed income.

The program, called In Her Hands, will improve their financial stability and mental health by giving $850 per month to 650 Black women for two years.

In Her Hands will launch next year and distribute more than $13 million in guaranteed income.

The program is funded through the Georgia Resilience and Opportunity Fund, a coalition of local elected officials and nonprofits, and the nonprofit GiveDirectly.

It is intentionally being launched in Atlanta -- and specifically in the Old Fourth Ward neighborhood, where Martin Luther King Jr. grew up.

MLK promoted the concept of basic universal income for Black people who live at the poverty level.

Atlanta is among the most pronounced income inequality cities in the U.S., according to US News.

About 26% of Black women live in poverty in Atlanta, compared to 14% of white women in the city.

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A Houston woman was arrested for stealing her cousin's lottery winnings after he asked her to cash in his ticket.

Iris Amador Argueta, 32, is accusing of stealing over $500,000 from her cousin who gave her the $1 million lottery ticket to cash.

The Long Island man wanted to remain anonymous, authorities said.

The incident began when the victim purchased a New York State Lottery $5 Hold 'Em Poker scratch-off ticket at a 7-Eleven in Glen Cove last October.

He scratched the ticket to reveal the $1 million cash prize. However, he didn't want to identify himself, authorities said.

So, he asked Argueta to cash the ticket for him in exchange for $50,000, and she agreed.

Instead of cashing the ticket and turning over the funds, Argueta took $537,440 in a lump sum, and gave the victim $13,436.

In a bogus letter from the state lottery commission, she wrote that the state took the rest of the money in taxes.

When the victim accused her of robbing him, she threatened him with legal action, authorities said.

Nassau County officials froze Argueta's bank account and recovered more than half the stolen money.

Argueta is charged with grand larceny and faces 15 years in prison.

She was also charged with forging lottery paperwork.

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Dr. Dre can't catch a break in the courtroom.

Just 2 months after a judge ordered Dre to pay his estranged wife, Nicole Young, $300,000 per month in temporary spousal support, he is now ordered to pay an additional $1.5 million in attorney's fees.

According to legal documents, obtained by The Blast, the judge presiding over Dre's divorce case has issued a temporary order covering Nicole's attorney's fees.

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Besides the massive spousal support, the judge ordered Dre to pay an extra $1.55 million in attorney fees - for a total of over $4 million.

The legendary rapper has already shelled out a payment of $2 million to her lawyers. And in the past year, he made two separate payments of $500,000 each.

Dr. Dre objected to the excessive attorney's fees - which now total more than $4 million, but the judge dismissed his complaints.

The judge said Nicole's attorneys can charge exorbitant hourly rates because they are "certified family law specialists" with "significant years of experience".

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"Ms. Samantha F. Spector and Lisa Helfend Meyer, certified family law specialists, have significant years of experience in family law and have extensive practical experience in complex family law matters. Considering the level of the case's complexity, and the issues involved, an attorney of their level and skill is reasonably necessary; and therefore, the various hourly rates of the primary and secondary attorneys participating in this litigation are reasonable and justifiable."

Dr. Dre is being ordered to pay all of Nicole's lawyer's fees based on the "disparity" in their assets and income.

According to the court order, Nicole has assets totaling "approximately 39 million dollars" while Dr. Dre has a net worth of approximately "243 million dollars."

The judge also ordered the estranged couple to settle out of court for permanent spousal support before the case goes to trial. Otherwise, their divorce case could end up being the most expensive in history.

Either way, it's a lose-lose situation for Dr. Dre.

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Three federal pandemic aid programs, including extended unemployment benefits, expired on Labor Day for millions of Americans.

On Sept. 6, an estimated 8.9 million people lost all unemployment benefits. Those Americans who have gone a year-and-a-half without a steady paycheck will be hardest hit.

A federal eviction moratorium already expired last month.

Gig worker benefits and self-employed benefits have also expired on Labor Day. Progressives are pushing the Biden administration to extend unemployment benefits beyond Sept. 6.

"We need to extend the expanded UI for millions of unemployed workers because this crisis isn't over," said Rep. Jamaal Bowman, a Democrat, in a statement to Newsweek.

"We're still in a pandemic, and the latest jobs numbers prove that. Doing our part to support Americans right now includes extending expanded [unemployment insurance benefits] and passing the $3.5 trillion infrastructure package to invest in our people and economy."

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Unemployment benefits were previously extended by Congress in March. But the Biden administration has indicated they will not extend unemployment again.

All 50 Senate Democrats have said they won't extend unemployment benefits past Labor Day.

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Social experts believe the end of federal benefits will put a stop to violence in the nation's airports and on budget airlines.
 
READ ALSO: Biden appoints commission to study why Black people brawl in airports
 
According to a recent study, the increase in fights at airports were directly related to excess government benefits. Unemployment and stimulus checks allows more freedom for people who would normally stay home and fight.

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Last week, the Biden administration approved $100 payments to people who take the Covid-19 mRNA vaccines.

Then Walmart announced it was offering $150 to employees who were hesitant about taking the injections.

That led one blog to speculate that "the bribes are increasing right on schedule. In 1 month, holdouts should get 4 digits."

"And since Wall Street is all about following "thought leaders" we expect that within 48 hours, most financial companies will piggyback and also offer similar cash bribes to their unjabbed employees. At that point, employee envy will emerge and most US companies will be met with social pressure to do the same. And then there is the question of why aren't these bribes retroactive: surely some 165 million Americans feel very stupid right now for not waiting a few months and getting one month's rent for free."

That prediction came to fruition. According to Bloomberg, Vanguard is offering $1,000 to employees who get vaccinated by October.

A Vanguard spokeswoman confirmed the asset management company is offering $1,000 as an "incentive" to employees who are still holding out.

Zerohedge notes that the offer is not retroactive to those employees who dutifully took the shots already.

"At that point, employee envy will emerge and most US companies will be met with social pressure to do the same. And then there is the question of why aren't these bribes retroactive: surely some 165 million Americans feel very stupid right now for not waiting a few months and getting one month's rent for free."

Question: Would you be upset if you are fully vaccinated, but your colleague receives $1,000 for getting the vax?

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The Biden administration is offering $100 to Americans who get vaccinated, as the CDC vaccine rollout hits a brick wall.

The $100 payments can be paid for with the $350 billion in aid granted to state, local, territorial and tribal governments under the American Rescue Plan Act.

"Throughout America's vaccination efforts, we have seen that financial incentives serve as a motivating factor for some people to get vaccinated," the White House said on Thursday.
 
READ ALSO: Biden: 'You're not going to get Covid if you have these vaccinations'

The Biden administration also confirmed Pres. Joe Biden will require all federal government employees and onsite contractors to provide proof of vaccination or take weekly PCR tests.

"After months and months of cases going down, we're seeing a spike in COVID cases. Why? Because of this new form, this new variant called the delta variant," Biden said on Thursday.

The United States Postal Service has declined to comply with Biden's vaccine mandate.

The American Postal Workers Union that represents over 200,000 U.S. Postal Service employees, released a statement Wednesday declaring it's not the federal government's job to force vaccines on Americans.

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Jeff Bezos is giving $100 million to CNN contributor Van Jones. Bezos made the announcement during a press conference following his 11-minute space flight on Tuesday.

Bezos also gave $100 million to Chef José Andrés, founder of World Central Kitchen, a non-profit that provides free meals during natural disasters.

"They can give all to their own charity or they can share their wealth. It's all up to them," Bezos said.

Jones and Chef Andrés Bezos are recipients of Bezos' Courage and Civility Award.

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An emotional Van Jones thanked the Amazon founder for betting on him.

"Lauren and Jeff don't do nothing small, man, they don't do anything small, they just don't do it. They dream big, they love big, and they bet big. And you bet on me, and I appreciate it," Jones said at the news conference on Tuesday.

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Bezos made headlines on Tuesday when he and three others flew into space on his unmanned Blue Origin spacecraft.

The phallus-shaped spacecraft launched at 9:12 a.m., as millions watched around the world.

Although the spacecraft never entered earth's orbit, the capsule landed in a Texas desert just 11 minutes later.
 

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Accountant Jason Thornton reacted to controversial "Financial Strategist" Marcus Barney allegedly teaching people how to commit bank fraud.

Barney, who calls himself "him500" on social media, teaches his 285,000 Instagram followers how to become recession proof by following his insider advice.

Thornton breaks down him500's latest video in which him500 teaches people how to obtain $100,000 in cash from Navy Federal by twisting the truth a little bit.

Him500 claims all you have to do is go into Navy Federal with the vin number of a car valued at the loan amount you're applying for. Navy Federal will cut you a check for $100,000 within 24 hours, according to him500.

Since you never intended to buy the car, you won't have the title to present to the bank within 90 days.

Him500 claims the bank will simply convert the car loan into a personal loan and you keep the cash.

Thornton says him500 is teaching bank fraud and anyone who follows his advice will end up in federal prison.

Him500 responded to Thornton's criticism on Instagram.