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Federal ReserveFollowing earlier actions to remove reputation risk from its supervision of banks, Federal Reserve Board requests comment on proposal to codify that removalBloomberg MarketsKKR-Backed Global Medical Response Said to Pick Banks for US IPOBloomberg MarketsStocks Fall as Software Weakness, Tariff Risks Weigh | Closing BellFinancial TimesUS software and private capital shares hit with fresh wave of sellingBloomberg MarketsCanadian Drugmaker Apotex Seeks Up to $730 Million in First-Half IPOBloomberg MarketsActive ETF Market Too Big to Ignore: SpenceFinancial TimesZelenskyy urges Trump to see through Russia’s ‘games’Bloomberg MarketsTest Your ETF Knowledge in Our IQ TestBloomberg MarketsEA Bondholders Fight Debt Buyback as S&P Casts Ratings DoubtBloomberg MarketsTrump Overstepped Authority on Tariffs, Says Nevada Attorney GeneralBloomberg MarketsCoinbase Stablecoin Revenue Poised for Up to Sevenfold Surge, BI SaysFinancial TimesWhat the leveraged loan market can tell us about the software sell-offBloomberg MarketsIBM Sinks Most Since 2000 as Anthropic Touts Cobol ToolBloomberg MarketsNew GENIUS ETF Sees Massive $17 Billion InflowBloomberg MarketsWall Street Analysts Mount Rescue Operation for Slumping US IPOsFederal ReserveFollowing earlier actions to remove reputation risk from its supervision of banks, Federal Reserve Board requests comment on proposal to codify that removalBloomberg MarketsKKR-Backed Global Medical Response Said to Pick Banks for US IPOBloomberg MarketsStocks Fall as Software Weakness, Tariff Risks Weigh | Closing BellFinancial TimesUS software and private capital shares hit with fresh wave of sellingBloomberg MarketsCanadian Drugmaker Apotex Seeks Up to $730 Million in First-Half IPOBloomberg MarketsActive ETF Market Too Big to Ignore: SpenceFinancial TimesZelenskyy urges Trump to see through Russia’s ‘games’Bloomberg MarketsTest Your ETF Knowledge in Our IQ TestBloomberg MarketsEA Bondholders Fight Debt Buyback as S&P Casts Ratings DoubtBloomberg MarketsTrump Overstepped Authority on Tariffs, Says Nevada Attorney GeneralBloomberg MarketsCoinbase Stablecoin Revenue Poised for Up to Sevenfold Surge, BI SaysFinancial TimesWhat the leveraged loan market can tell us about the software sell-offBloomberg MarketsIBM Sinks Most Since 2000 as Anthropic Touts Cobol ToolBloomberg MarketsNew GENIUS ETF Sees Massive $17 Billion InflowBloomberg MarketsWall Street Analysts Mount Rescue Operation for Slumping US IPOs
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Student loan forgiveness is taxable again. How to plan for a five-figure IRS bill

CNBC Top News
Monday, February 23, 2026 at 8:28 PM
~4 min read

Original Report

Student loan holders who get their debt excused in 2026 can expect a hefty tax bill. But there are steps you can take to prepare, and some may not have to pay.

Glass House Analysis

This story reflects the interconnected nature of modern economic systems, where developments in one sector inevitably affect others. Understanding these connections is essential for grasping how policy decisions and market movements translate into real-world outcomes for families, workers, and communities. The economy is not an abstract system of numbers—it's the sum total of decisions about who works, who prospers, and who struggles.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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