People walk past the headquarters of the U.S. Small Business Administration in the Southwest Federal Center area on March 24, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesPresident Donald Trump said last week that federal student loans would “immediately” be moved out of the U.S. Department of Education and will be managed by the Small Business Administration.”They’ll be serviced much better than it has in the past,” Trump said of the debt. “It’s been a mess.”Consumer advocates expressed worries that the mass transfer of accounts to the SBA could trigger errors, or compromise borrowers’ privacy. They also raised concerns about…
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The withdrawal of all Russian forces from Ukraine would be one of the main conditions to lift or amend EU sanctions, a European Commission spokesperson said on Wednesday.European Union countries renewed the bloc’s two sanctions frameworks on Russia for another six months at the end of January and earlier this month. Any changes to sanctions require unanimity among its 27 member states. “The end of the Russian unprovoked and unjustified aggression in Ukraine and unconditional withdrawal of all Russian military forces from the entire territory of Ukraine would be one of the main preconditions to amend or lift sanctions,” the spokesperson…
The NFL offseason is well underway, and while the upcoming NFL Draft will shake things up even more, there has been no shortage of roster-altering moves. The biggest, of course, have come at quarterback. We’re still waiting for one big domino (Aaron Rodgers) to fall, but we’ve already seen huge shifts in the QB landscape. No. 1, of course, was the Seattle Seahawks trading Geno Smith to the Las Vegas Raiders before signing former Minnesota Vikings quarterback Sam Darnold to be their new signal caller.How did those moves, and all of the others made so far this offseason, affect their…
Paramilitary fighters with Sudan’s Rapid Support Forces began withdrawing from the battle-torn capital of Khartoum in large numbers on Wednesday, fleeing a city they had occupied since a ruinous war broke out nearly two years ago.The capture of the city by Sudan’s military marks a dramatic turning point in what is currently Africa’s largest war. The Rapid Support Forces, known as the R.S.F., is likely to withdraw to its stronghold in Darfur, in the west of the country, according to analysts.Surveillance drone footage circulated by Sudan’s military showed hundreds of R.S.F. fighters crossing a dam on the Nile at Jebel…
Check out the companies making headlines in premarket trading. GameStop — The meme stock surged 16% a day after the company’s board announced it had approved a plan to buy bitcoin and stablecoins with a portion of its corporate cash, in a move similar to that of MicroStrategy. Dollar Tree — The discount retailer gained 5% after the company announced plans to sell its Family Dollar business for $1 billion. Dollar Tree also reported fourth-quarter results on Wednesday, which saw the firm surpass analyst estimates on the top and bottom line. Playtika — Shares of the mobile gaming company jumped…
People take pictures of the U.S. Treasury Department building in Washington, D.C., on Feb. 6, 2025.Mandel Ngan | AFP | Getty ImagesThe Treasury Department is planning to furlough a “substantial” level of its workforce in conjunction with Elon Musk’s efforts to shrink the size of the federal government, according to a court document.As part of a complaint in a related case, Trevor Norris, the department’s deputy assistant secretary in human resources, indicated that the layoffs will be coming as part of the Department of Government Efficiency’s ongoing moves to cut the federal employee rolls.In a sworn statement, Norris said the…
(L-R) US National Security Advisor Mike Waltz speaks with Defense Secretary Pete Hegseth as US President Donald Trump meets with French President Emmanuel Macron in the Oval Office of the White House in Washington, DC, on February 24, 2025. Ludovic Marin | Afp | Getty ImagesThe Atlantic on Wednesday published the full text thread from the Trump administration’s Signal group that accidentally included a prominent journalist in discussions of pending U.S. military strikes.Jeffrey Goldberg, The Atlantic’s editor in chief, had withheld some of the contents of the thread in his bombshell report Monday revealing that he had been looped in on…
MIAMI — After two decades of professional tennis, 99 career singles titles and 24 Grand Slam triumphs, Novak Djokovic has become a mystery — to tennis fans and to himself. Both parties are trying to answer the same question, from match to match and tournament to tournament, as his career moves towards an as-yet unknown end.Who is the greatest player of the modern era at this moment?Is he the player who faded two weeks ago against Botic van de Zandschulp, in his opening match at the BNP Paribas Open at Indian Wells, Calif.? Or is he the player who has…
Lee Jae-myung, leader of South Korea’s main opposition Democratic Party, arrives to court in Seoul on March 26, 2025. Kim Hong-ji | Afp | Getty ImagesA South Korean appeals court reversed on Wednesday a lower court’s ruling and found main opposition leader Lee Jae-myung not guilty of violating the election law, removing a barrier that could have blocked him from running for president.Following the ruling, Lee said the decision by the Seoul High Court completely vindicated him and proved the case was politically motivated.”It is truly outrageous that all this energy and national resources were spent for what is an obvious outcome,” he said.Lee was handed a one-year…
(This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Piper Sandler makes its case for “buying the dip”, giving a list of stocks. Also, a trader looks for opportunity in an AI play that was recently upgraded. Worldwide Exchange Pick: Cloudflare (NET) Tiffany McGhee of Pivotal Advisors said Cloudflare is a smart buy because of the versatility of its business. “It has the potential to lead in AI and cybersecurity,” McGhee said. “It has a user friendly and scalable model as well…
