May 31, 2025

Article

Investors

Stock market today: Global shares skid as investors await more Trump tariffs

HONG KONG — Global shares were mostly lower Friday as investors mulled uncertainties brought by U.S. President Donald Trump’s latest tariffs. The future for the S&P 500 lost 0.4% and that for the Dow Jones Industrial Average retreated 0.2%. In Europe, Germany’s DAX declined 0.6% to 22,537.65 and the CAC 40 in France slid 0.5%

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Loans

Charts reveal how Trump gutted federal student loan office

More than 600 positions have been eliminated from the Federal Student Aid office, internal documents show. Now, in many places, “no one is identifying schools that are failing financially.” WASHINGTON – President Donald Trump has made it a top priority to dismantle and reorganize the federal Education Department. Simultaneously, he has promised time and again

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Crypto

Former crypto mogul Sam Bankman-Fried transferred out of New York prison

The Bureau of Prisons has transferred former crypto mogul Sam Bankman-Fried out of a detention center in Brooklyn, New York, sources familiar with the matter told ABC News. Bankman-Fried was moved from MDC-Brooklyn to Oklahoma, a transfer point, on his way to another federal lockup to continue serving his 25-year sentence for orchestrating one of

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Loans

Trump says student loans, special needs programs will be moved to new departments

President Donald Trump announced Friday that two key functions of the agency he is seeking to dismantle, the Department of Education, will be moved to new departments: The Small Business Administration will take on student loans, and the Department of Health and Human Services will take on special needs and nutrition efforts. “I do want

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