“These are not just numbers on a spreadsheet; they represent critical services and supports that directly benefit our most vulnerable students.” Subscribe to Clarion Ledger: Local journalists covering local stories Clarion Ledger journalists cover the important moments in Mississippi. Support local journalism by subscribing. Staff The U.S. Department of Education announced an immediate end to
While equity markets have fallen sharply after US President Donald Trump’s tariff announcement, Marc Franklin, Managing Director, Senior Portfolio Manager of Multi-Asset Solutions at Manulife Investment Management, says some asset classes are still performing well. “The focus will be predominantly on equities because of the sizable downside moves,” he said. However, bonds remain attractive, particularly
By Abhirup Roy and Akash Sriram (Reuters) – CEO Elon Musk pledged Tesla would return to growth this year after the company posted its first-ever sales decline in 2024. But the odds look stacked against him. Relentless protests in many countries against the billionaire’s involvement in U.S. President Donald Trump’s administration and far-right politics in
The Brief A federal judge said she plans to grant a temporary restraining order blocking $11B in health funding cuts. The lawsuit, filed by 23 states and D.C., argues the cuts would devastate public health infrastructure. The Biden-era funds in question were allocated for COVID-19, mental health, and substance use programs. WASHINGTON – A federal
Even before President Trump unveiled his sweeping new tariffs, many Americans were struggling to afford car purchases, putting their loans in growing danger of default. Now hefty tariffs threaten to inflict further pain on U.S. car buyers, which could have negative consequences for auto lenders. “There are nearly unlimited permutations of the knock-on effects,” UBS
Banks in China could face more bad loans, potentially hitting 6.4 per cent of total lending next year, according to a forecast by S&P Global Ratings, as higher US tariffs weigh on an economy that is still struggling to shake off the lingering impact of the Covid-19 pandemic. The warning came in a report on
Declaring it a “Liberation Day” for American workers, President Donald Trump on Wednesday announced sweeping new tariffs that could impact home prices and mortgage rates. “Our country and its taxpayers have been ripped off for more than 50 years, but it is not going to happen anymore,” Trump said in remarks at the White House’s
Andrew Ackerman | Washington Post Lawmakers are taking their first step toward putting up guardrails for cryptocurrencies. But as legislation goes, it’s a relatively modest step – and some former regulators warn that the guardrails have big gaps. The framework, which a House committee will take up on Wednesday, would only apply to stablecoins, a
Bitcoin and crypto prices are braced for a shake-up as traders hold their breath ahead of U.S. president Donald Trump’s “Liberation Day” of global trade tariffs—that’s putting Trump on a collision course with the Federal Reserve. The bitcoin price is trading around $85,000 per bitcoin, down from a Trump inauguration peak of almost $110,000 per
The Department of Health and Human Services (HHS) cut a little-known bureau in its ranks that was trying to recoup more than $1 billion in improper payments dispersed to providers during the COVID-19 pandemic. The Trump administration announced the dismantling of the HHS on March 27. HHS Secretary Robert F. Kennedy Jr. told the public