Alexander Spatari | Moment | Getty ImagesFederal student loan borrowers could be in repayment for up to 30 years under proposed changes in the House Republicans’ massive spending and tax package, dubbed the “One Big Beautiful Bill Act.”Currently, most student loan repayment plans range from 10 years to 25 years — which already generate concerns about people bringing their education debt into middle-age and beyond, said higher education expert Mark Kantrowitz.”A 30-year repayment term means indentured servitude,” Kantrowitz said.The House passed the bill last week. With control of Congress, Republicans can use “budget reconciliation” to pass their legislation, which only…
Author: usaeverydaylife
Venezuelan migrants deported from the United States and stranded in Honduras disembark from a Conviasa Airlines plane upon arrival at Simon Bolivar International Airport in Maiquetia, Venezuela on March 24, 2025. Juan Barreto | Afp | Getty ImagesThe Supreme Court ruled Friday that President Donald Trump can terminate the protected status of around 500,000 immigrants from Cuba, Haiti, Nicaragua, and Venezuela while an appeal of the president’s order is still pending.Justice Ketanji Brown Jackson, in a scathing dissent joined by Justice Sonia Sotomayor, said the majority of the Supreme Court “has plainly botched” making an assessment on whether the allow the…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKKM Financial founder Jeff Kilburg joins CNBC’s Dominic Chu to discuss his strategies for navigating volatile markets and how he uses options to maximize profits and minimize risk. Plus, he takes questions from CNBC Pro subscribers. Source link
19 May 2025, Berlin: Apricots are sold at a greengrocer for 7.98 euros per kilogram. Grapes and papaya are also on offer.Photo by Jens Kalaene/picture alliance via Getty ImagesGermany’s annual inflation hit 2.1% in May approaching the European Central Bank’s 2% target but coming in slightly hotter than analyst estimates, preliminary data from statistics office Destatis showed Friday.The print compares with a 2.2% reading in April and with a Reuters projection of 2%.The print is harmonized across the euro zone for comparability.So-called core inflation, which strips out more volatile food and energy prices, dipped slightly from April’s 2.8% to 2.9%…
Sunrun can surge from here even as a new U.S. budget bill poses a risk to the clean energy sector, according to UBS. Analyst Jon Windham kept his buy rating on the solar company. He cut his price target to $12 from $17, but that still implies the stock could gain 75% from Thursday’s close. Sunrun shares have plunged nearly 26% this year and more than 52% over the past year, as traders ditch clean energy names under the Trump administration. The Invesco Solar ETF (TAN) has dropped more than 3% in 2025 and 13% over the past six months.…
My top 10 things to watch Friday, May 30 1. President Donald Trump said this morning China violated its preliminary trade deal with the U.S. Trump’s social media post Friday came after Treasury Secretary Scott Bessent said U.S.-China trade talks “are a bit stalled. Wall Street turned lower immediately after Trump’s accusation. 2. Moments later, the Fed’s favorite inflation gauge was released. On a year-over-year basis, the PCE index was cooler than expected . It left investors weighing trade uncertainty against a tamer inflation picture. The S & P 500 was heading for strong weekly and monthly gains. 3. A…
Chinese President Xi Jinping (L) and U.S. President Donald Trump (R).Fabrice Coffrini | Getty ImagesPresident Donald Trump on Friday said that China has “totally violated its” preliminary trade agreement with the United States, and suggested he would take action in response.”So much for being Mr. NICE GUY!” Trump wrote in a social media post that said China had reneged on a deal that paused retaliatory tariffs between that country and the U.S.Stock futures fell Friday morning on the heels of Trump’s statement.U.S. Trade Representative Jamieson Greer, in a CNBC interview Friday morning, echoed Trump’s allegation, saying “we’re very concerned with”…
American Airlines new business-class suite.American AirlinesDALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, U.S. airlines are duking it out for international business-class dominance. There are even differences between seats in the same cabin.Next week, American Airlines plans to start flying its upgraded business-class “suites” that feature today’s premium-class must-have — a sliding door — and other features like a “trinket tray” and a wireless charging pad.Within the cabins on its subset of Boeing Dreamliners, which American is calling the 787-9P (the P stands for premium), there will be eight “Preferred” suites that the airline…
Check out the companies making headlines before the bell. UiPath — Shares surged 12% after the automation software company posted first-quarter operating income and revenue figures that exceeded FactSet estimates. UiPath also raised its full-year revenue guidance and sees its current-quarter revenue coming in between $345 million to $350 million, while analysts polled by FactSet were expecting $331.3 million. Ulta Beauty — The beauty retailer’s shares rallied 9% after the firm raised its annual profit forecast and crushed expectations with its quarterly results. Ulta said lower inventory losses as well as new launches — especially celebrity-owned brands — helped drive…
The future is bright for water technology company Xylem , according to JPMorgan. Analyst Mark Strouse initiated coverage of Xylem with an overweight rating and price target of $148 per share. That suggests 17.8% upside for the company, which provides a wide swathe of water solutions, such as drinking water treatment and measurement, pump installation and wastewater management systems. Shares of Xylem have added 8.3% year to date. Strouse believes the stock is a strong play for investors wanting to invest directly into water technology. “XYL is an industry leading water technology pure play and we believe an attractive core…
