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ECONOMY
House Republicans Propose Sweeping Reforms to Student Loan System

House Republicans unveil significant changes to the student loan system, impacting repayment plans, borrowing limits, and Pell Grant access.

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ECONOMY
Trump Asserts China "Will Eat" Tariffs Amid Controversy Over Economic Impact

Trump defends his hefty tariffs on China, claiming they will absorb the costs, despite concerns from economists about rising consumer prices.

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ECONOMY
China's Manufacturing Activity Contracts Amid U.S. Trade War

China's manufacturing activity shrinks in April as U.S. tariffs impact the economy, with manufacturing PMI falling below growth levels.

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ECONOMY
Trump Celebrates First 100 Days, Promises Economic Recovery in Michigan

Trump highlights achievements and plans amidst economic concerns during events in Michigan.

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ECONOMY
UPS Announces 20,000 Job Cuts and Facility Closures Amid Reduced Amazon Shipments

UPS plans to cut 20,000 jobs and close 73 facilities due to reduced shipments from Amazon, its largest customer.

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ECONOMY
U.S. Consumer Confidence Hits Lowest Point in Five Years Due to Tariff Concerns

U.S. consumer confidence plummets to a five-year low amid growing tariff concerns and fears of an economic recession.

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ECONOMY
Senate Report Reveals Musk's Potential $2.37 Billion in Federal Penalties Amid DOGE Influence

A Senate report reveals Elon Musk faces $2.37 billion in potential federal penalties due to his dual role in business and government.

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ECONOMY
Reduced Seller Participation Looms for Amazon's Prime Day Amid Tariff Concerns

Some Amazon sellers reduce participation or skip Prime Day entirely due to high tariffs impacting profit margins.

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ECONOMY
IBM to invest $150 billion in U.S. manufacturing and quantum technology

IBM plans a significant $150 billion investment in U.S. manufacturing, prominently focusing on quantum computing advancements.

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ECONOMY
Japan and Vietnam Strengthen Trade Commitment Amid US Tariff Threat

Japan and Vietnam boost trade agreements while facing US tariff threats, amid regional economic uncertainties.

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