Grease Monk-eh!

Source: CNN

Source: CNN

The Biden administration argues it has the power to cancel federal student loan debt under a 2003 law. The Supreme Court is hearing arguments that will determine the plan’s fate. Source: CNN

The Supreme Court on Tuesday will take up two challenges to President Joe Biden’s student loan forgiveness program — an initiative aimed at providing targeted debt relief to millions of student-loan borrowers — that has so far been stalled by legal challenges. Source: CNN

Pending home sales crushed expectations in January, when mortgage rates dropped from recent highs of more than 7% and home buyers jumped at the opportunity. Source: CNN

Treasury Secretary Janet Yellen said Monday she believes US inflation remains too high but that a soft landing is on the radar. Source: CNN

So much for that big stock market comeback this year. Source: CNN

The US economy is confusing: Jobs are surging. Inflation has been cooling but still running relatively hot. Gas prices are on the rebound. Consumers keep spending, and their confidence is growing. But holiday sales were tepid. Corporate layoffs are mounting. Company earnings aren’t stellar. And mortgage rates are ticking higher. Source: CNN

At least 43 people, including an infant, children and several women, died after a wooden boat carrying around 100 migrants broke apart on rocks off the coast of Calabria, Italian police say. Source: CNN

Republican Chairwoman Ronna McDaniel discusses a pledge that requires GOP candidates to say they will support the Republican nominee in the general election in order to appear on the primary debate stage. Source: CNN