Trump to end student loan SAVE forbearance

A person walks on campus at Muhlenberg College in Allentown, Pennsylvania, U.S. March 26, 2025.  Hannah Beier | Reuters Why is the interest-free forbearance ending? Former President Joe Biden rolled out the SAVE plan in the summer of 2023, describing it as “the most affordable student loan plan ever.” But millions of borrowers who signed … Read more

Powell asks inspector general to review $2.5 billion renovation after Trump blasts Fed project

Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House, according to a source familiar with the issue. … Read more

How markets performed for investors so far

Traders work on the New York Stock Exchange floor on Dec. 18, 2024. Spencer Platt | Getty Images For all the drama in the stock market of late, investors’ portfolio balances may not look too different from when President Donald Trump entered office. There have been some unnerving days amid the Trump administration’s tariff policies. … Read more

Trump tariff surprise delivery fees

As President Donald Trump continues to set aggressive new tariff rates on imports, U.S. consumers are feeling the effects on their wallets. Tariffs are taxes on imported goods paid by the entity importing those products. Businesses often pass the cost of tariffs along to consumers through higher prices. Sometimes, it’s not so subtle. In June, … Read more

Cisco chief Chuck Robbins believes affirmative action gives them better business

Robbins, who was raised in Georgia, shared the example of Jeetu Patel, the company’s president and chief product officer, who grew up in India, and said their different life experiences mean they think differently, and diversity of thought often leads to great ideas, which is just the “power of diversity”. For Chuck, it’s not about … Read more

Conflict of interest: Binance wrote code for Donald Trump’s crypto token before founder Changpeng Zhao sought pardon

In a development that has again raised red flags over United States President Donald Trump’s conflict of interest in the cryptocurrency space, Bloomberg reported that Binance aided in the creation and promotion of the USD1 token for World Liberty Financial, before its founder sought pardon. According to sources cited by Bloomberg, the world’s largest crypto … Read more

Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations

Office of Management and Budget Director Russell Vought vowed Friday to press an investigation into renovations at the Federal Reserve building, which he called a “palace” where costs are running amok. In a potential escalation of President Donald Trump’s feud with Fed Chair Jerome Powell, Vought told CNBC that an investigation is warranted into whether … Read more

Trump’s ‘big beautiful bill’ adds SALT deduction ‘torpedo,’ pro says

U.S. Representative Josh Gottheimer, D-NJ, speaks during a press conference about the SALT Caucus outside the Capitol on Wednesday February 08, 2023 in Washington, DC.  Matt McClain | The Washington Post | Getty Images President Donald Trump’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known … Read more

DAL, KLG, PTC, AMD and more

Check out the companies making headlines in premarket trading. Delta Air Lines — Shares advanced nearly 12% before the opening bell after the airline reinstated its 2025 profit outlook , and second-quarter revenue and net income exceeded analyst estimates. Brazilian stocks — The iShares MSCI Brazil ETF (EWZ) dropped nearly 2% premarket after President Donald … Read more

Trump’s ‘big beautiful bill’ cuts SNAP for millions of families: Report

People shop at a grocery store in Manhattan, New York City, on April 1, 2025. Spencer Platt | Getty Images Republicans’ “big beautiful” reconciliation package includes tax cuts that policy researchers have found primarily benefit the wealthy.  To help pay for that, the legislation also includes “substantial” cuts to the Supplemental Nutrition Assistance Program, or … Read more