August 17, 2025

U.S.

Funds

Report: Trump lifts freeze on $5.5B in public school funds. What it means for Mass.

The Trump administration said Friday that it plans to release $5.5 billion in frozen funding for public school districts across the nation. The move came amid growing bipartisan pressure from lawmakers on Capitol Hill who were concerned about its impact as the start of a new school year draws ever closer, The New York Times

Read More
Funds

Trump administration to unfreeze $118M in Tennessee education funds

Senators grill Education Secretary Linda McMahon over proposed cuts Education Secretary Linda McMahon testified to Congress over proposed budget cuts. After a monthlong delay, more than $118 million in federal K-12 funds will be released to Tennessee. The Trump administration missed a deadline to allocate $6.2 billion in funds nationwide, saying it was due to

Read More
Funds

House Armed Services amendment blocks funds for Fort Gordon name change

It was Fort Gordon, then it was Fort Eisenhower, now it’s Fort Gordon again. But there are efforts to fight against that change at Augusta’s U.S. Army base along with the other recently renamed military installations. Who was Fort Gordon named after? Originally, Augusta’s Fort Gordon honored Lt. Gen. John Brown Gordon, one of Confederate

Read More
Investment

Trump sets 15% tariff on Japanese imports as part of investment agreement

July 22 (UPI) — President Donald Trump announced Tuesday that his administration has reached a trade deal with Japan that will impose a 15% tariff rate on the large U.S.-trading partner, instead of the higher levy Trump threatened earlier. The announcement came in a Truth Social post a week before an Aug. 1 deadline imposed

Read More
Loans

Trump’s new car loan interest deduction: Who qualifies

How to control your finances on a tight budget Living on a tight financial budget? That doesn’t mean you can’t take control of your finances. Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able

Read More
Funds

Local station KCLU to fundraise for loss of federal funds

Senate passes bill to cut funding to public broadcasting The bill to cut more than $9 billion from public broadcasting, foreign aid and more will move on for a final House vote, then to the president. The rescission bill passed by Congress ends funding for the Corporation for Public Broadcasting, including NPR and affiliates. KCLU

Read More
Crypto

House sends cryptocurrency bills to Trump

The House has passed three bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the “ crypto capital of the world.” One of the three bills, legislation to regulate a type of cryptocurrency called stablecoins, had already passed the Senate with

Read More
Funds

Federal funds on hold affect most vulnerable students

SCOTUS backs Trump plan to fire Education Dept. workers A divided Supreme Court backed Trump’s plan to dismantle the Education Dept. and fire hundreds of federal workers, despite a judge’s earlier pause. Southwest Ohio districts didn’t receive at least hundreds of thousands of anticipated federal funds. President Donald Trump’s Department of Education froze the funds,

Read More
Crypto

Florida Republicans join Trump in boosting crypto ahead of House vote

John Kennedy   | Capital Bureau | USA TODAY NETWORK – FLORIDA What is the Senate’s Genius Act? The Genius Act, along with other crypto bills, will be reviewed by the House during “Crypto Week.” Two Florida representatives elected with support from the cryptocurrency industry are expected to back a new crypto regulatory bill. The GENIUS

Read More
Finance

Coverd Reimagines Personal Finance for the Motivation-Driven Generation

In a bold attempt to tackle the growing burden of credit card debt in the U.S., Coverd, a new fintech startup, is turning to an unlikely ally: mobile games. With consumer credit card debt soaring past $1.1 trillion, the company’s innovative approach blends financial wellness with gamified experiences to help users chip away at their

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline