May 7, 2025

Donald

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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Investors

US stock futures little changed as investors wait for Trump tariff news

Who will actually pay for Trump’s tariffs? While trade is a hot topic among the Trump Administration, who actually pays for the new tariffs? Fox – Fox 9 U.S. stock futures point to a lower opening as investors await more news on President Donald Trump‘s tariff plan and economic news. Stocks rallied on Monday after

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Funds

McKee insists on staff raises as state loses $31M in federal grants

See legislators rally for ‘just cause’ evictions bill at the statehouse Legislators and tenants describe why just cause eviction protections are needed in Rhode Island. Rhode Island Gov. Dan McKee is facing criticism for his plan to give raises to members of his Cabinet. Critics, including House Speaker Shekarchi and Senate Republicans, argue that the

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Funds

Michigan libraries, museums brace for cuts after Trump executive order

Protesters stage ‘study-in’ in front of Education Department Protesters staged a “study-in” demonstration in front of the Education Department after President Donald Trump’s executive order. Michigan Electronic Library is funded by Institute of Museum and Library Services grant money, library advocates say. The electronic library is in jeopardy unless replacement funds are found. Other services,

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Investment

What they’re saying about Hyundai’s $5.8 billion investment in Ascension Parish

“Louisiana wins again,” was the headline as Gov. Jeff Landry and Louisiana Economic Development trumpeted the official announcement of the $5.8 billion Hyundai steel plant planned for the Donaldsonville area of Ascension Parish. President Donald Trump hosted Landry and several elected officials in the Roosevelt Room of the White House to deliver the monumental news

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Investment

What they’re saying about Hyundai’s $5.8 billion investment in Ascension

“Louisiana wins again,” was the headline as Gov. Jeff Landry and Louisiana Economic Development trumpeted the official announcement of the $5.8 billion Hyundai steel plant planned for the Donaldsonville area of Ascension Parish. President Donald Trump hosted Landry and several elected officials in the Roosevelt Room of the White House to deliver the monumental news

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Investors

Federal Reserve says it’s in ‘no rush’ to adjust monetary policy

Benzinga  |  Detroit Free Press Wall Street remained on edge as investors adopted a cautious stance amid an increasingly uncertain economic outlook this past week. At its March meeting, the Federal Reserve kept interest rates unchanged at 4.25%-4.50%, signaling “no rush” to adjust its monetary policy.   Yet, the central bank’s latest economic projections painted a

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Funds

Pritzker celebrates Rockford project, but warns federal funds delayed

Illinois Gov. JB Pritzker was in Rockford on Friday to celebrate the $32 million expansion of the Rockford Mass Transit District downtown bus station and garage. The 18-month project that broke ground in November is being paid for from the Rebuild Illinois Capital Plan, a $45 billion capital improvement program. The program is also paying

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Loans

What happens to student loans if Trump abolishes Education Department?

Mixed reactions to Trump’s order to dismantle Education Department Residents in Columbia, Missouri, and New York City reacted to President Donald Trump’s executive order aimed at dissolving the Education Department. WASHINGTON — President Donald Trump signed a long-anticipated executive order seeking to eliminate the U.S. Department of Education, which he said was “45 years in

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Investors

A $4.5 trillion triple-witching gives investors yet another test

Bernard Goyder  |  Bloomberg U.S. stocks’ rebound off of last week’s lows will face a new test on Friday, when a pile of options contracts are set to expire in a quarterly event that often stoked volatility in the past. The so-called “triple-witching” will see about $4.5 trillion of contracts tied to stocks, indexes and

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