Fed holds rates, Klaviyo IPO, Biden student debt forgiveness: Top Stories

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Fed officials are holding interest rates steady while also signaling one last rate hike for 2023. Shares of market automation company Klaviyo (KVYO) closed higher by over 9% on its IPO debut. The Biden administration will forgive up to $37 million in student debt for University of Phoenix graduates and attendees over the for-profit college's misleading marketing tied to its corporate partnerships.

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This post was written by Luke Carberry Mogan.