Student

The student-loan payment pause didn't help most of the 7.7 million borrowers who were behind on federal bills at the start of the pandemic. 93% of them still are

16 days ago   |   By

College graduation. Rattanakun Thonbun/EyeEm
New Ed. Dept. data found 93% of federal student-loan borrowers are still in default, even after the payment pause.
Administrative hurdles made it difficult for those borrowers to return to good standing during the pandemic.
The department is reportedly considering a "safety net" to ease borrowers back into repayment.
New data from the Education Department reveals that of the 7.7 million federal student-loan borrowers in the US that were behind on payments at that start of the pandemic, 93% are still behind - despite a nearly two-year pause in...
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The pandemic accelerated online retailers' need for customer data, and platforms like Shopify and TikTok made it easier to acquire

16 days ago   |   By

BI Graphics Getty Images
Online retailers have found that better levering customer data is the key to building brand loyalty.
The industry was already headed in this direction, but the pandemic has accelerated the trend.
Platforms like Amazon and TikTok are also introducing mass audiences to innovative brands.
Visit Insider's Transforming Business homepage for more stories.
As COVID-19 restrictions slowly lifted over the past year, retailers realized that consumer shopping habits created in lockdown were here to stay. Today's shoppers increasingly favor brands with a unique e-commerce...
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