The political landscape is ever-changing, and recent developments show just how fluid it can be. President Trump has notably shifted his stance on trade deals. Initially, he was confident that his tariffs would swiftly force foreign nations into new agreements, boasting that countries were eager to
The Federal Reserve, America's central bank, has chosen not to change interest rates. This is due to the uncertainty caused by President Trump's tariffs. The decision was made public on a Wednesday. This is the third time in a row that the Fed has decided not to act. The key lending rate remains aro
The Republican Party is in a pickle. They're trying to push through a big bill, but they can't agree on how to handle Medicaid. Some Republicans are worried about cutting Medicaid too much, while others want to slash spending to reduce the deficit. It's a tough spot for Speaker Mike Johnson, who's t
The Federal Reserve, often called the Fed, has a big job. It needs to keep the economy healthy. This means making sure prices don't go up too fast and that people have jobs. Right now, the Fed is facing some big challenges. The president has been putting pressure on the Fed chairman, Jerome Powell.
A significant shift occurred in the world of higher education when a top official announced that Harvard University would no longer receive federal grants. This decision came after weeks of tension between the Trump administration and several prestigious universities, including Harvard. The core iss
The Department of Education has restarted the collection process for overdue federal student loans. This move affects around 5. 3 million borrowers who are currently in default. The pause on collections, which began in March 2020 due to the COVID-19 pandemic, is now over. This means that borrowers w
The past few months have been a rollercoaster for federal workers. Tens of thousands have been abruptly let go, only to be rehired days or weeks later. This whiplash effect has left many in a state of confusion and uncertainty. The chaos began with a push to cut costs and streamline government opera
The leader of Harvard, Alan Garber, has been in the spotlight due to a legal battle with the federal government. The conflict started when the government attempted to take away billions of dollars in research funding and the school's tax-free status. This is a big deal, as Harvard is one of the most
The future of space exploration and defense might be looking up for SpaceX. The company, led by Elon Musk, could be in for a windfall if a certain budget proposal gets the green light. This proposal is part of a larger plan to shift how the U. S. government spends money on space-related projects. T
Many people are worried about a recent plan that could change how housing aid is given out. This plan would cut federal rental aid by 40%. The idea is to give states more control over how this money is used. The current system is seen as flawed, so the plan suggests ending programs like Section 8 an
