August 8, 2025

Trump

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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Crypto

Trump To Reportedly Rename USAID, Involve Crypto, Blockchain Technology In Its Operations

According to an internal memo, President Donald J. Trump wants the United States Agency for International Development (USAID) to be rebranded as US International Humanitarian Assistance (IHA). Alongside this, the president is also intending for this to be under the control of the country’s secretary of state, Marco Rubio, as part of its current reorganization

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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

Columbia Agrees to Trump’s Demands After Federal Funds Are Stripped

Columbia University agreed on Friday to overhaul its protest policies, security practices and Middle Eastern studies department in a remarkable concession to the Trump administration, which has refused to consider restoring $400 million in federal funds without major changes. The agreement, which stunned and dismayed many members of the faculty, could signal a new stage

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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

Trump: Student Loans Will Be Managed by SBA Instead of Ed. Dept.

Trump said student loans are moving out of the Department of Education and into the Small Business Administration. He also said that HHS will be taking over “special needs” and nutrition programs. This comes one day after Trump signed an executive order to begin eliminating the Department of Education. Student loans are moving to the

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Investors

Investors Are Preparing for One of Their Worst-Case Scenarios

Good morning. Tesla sprang a last-minute all-hands on employees last night. Typically, Tesla hosts all-hands during regular work hours — this one didn’t kick off until 9:58 p.m. ET. Musk spoke about the vandalism and protests at Tesla showrooms, told investors to “hang on” to their stock, and shared his plan for a “legion” of

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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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Loans

What happens to student loans, FAFSA after deep Education Dept. cuts?

We’ve set out to answer other questions you might have about the deep Education Department cuts and what they might mean for your student loans, your child’s IEP and campus programs. Education Department employees received termination notices An email sent to employees at the Education Department told staff not to come into work on Wednesday.

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