Workers leave the Department of Education building during a rain shower in Washington, D.C., on Wednesday, May 21, 2025. Wesley Lapointe | The Washington Post | Getty Images Education Dept. says it’s responding to court order Student loan forgiveness is paused for IBR borrowers because of court actions involving the Biden administration-era SAVE, or Saving…
The Trump administration in March said it was canceling $400 million in grants to Columbia University. Bruce Yuanyue Bi | The Image Bank | Getty Images Columbia University will pay $200 million to the federal government to restore the majority of funding that was cut by the Trump administration over allegations it violated anti-discrimination laws….
A federal appeals court ruled on Wednesday that U.S. President Donald Trump’s executive order curtailing automatic birthright citizenship is unconstitutional. Bloomberg | Bloomberg | Getty Images A federal appeals court ruled Wednesday that U.S. President Donald Trump’s executive order curtailing automatic birthright citizenship is unconstitutional and blocked its enforcement nationwide. The 2-1 decision by the San Francisco-based 9th U.S. Circuit Court of Appeals marked the first time an appeals court has assessed the legality…
According to CNBC’s Jim Cramer, this market is hard to pin down. On Wednesday he described a fraught environment, highlighting both positive and negative themes that are driving the action. “It’s mixed. Some good, some bad…When it gets all good, it will be too good. When it gets all bad, it’ll be too bad,” he…
The S&P 500 climbed to a fresh record close — its 12th of 2025 — as traders hoped for trade deals. Here’s what’s on CNBC’s radar going into Thursday. <
U.S. President Donald Trump walks before signing the “Genius Act”, which will develop regulatory framework for stablecoin cryptocurrencies and expand oversight of the industry, at the White House in Washington, D.C., U.S., July 18, 2025. Nathan Howard | Reuters President Donald Trump was told in May by Attorney General Pam Bondi that his name appeared…
A Southwest Airlines Boeing 737 taxis at Ronald Reagan Washington National Airport on May 16, 2025 in Arlington, Virginia. Kevin Carter | Getty Images Southwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street’s estimates but said travel demand has stabilized, echoing other airlines in recent weeks. The airline also…
Check out the companies making headlines after the bell : T-Mobile — Shares of the mobile telecommunications company jumped more than 4% after its second-quarter earnings topped Wall Street’s estimates. T-Mobile reported earnings $2.84 per share on $21.13 billion in revenue, above the $2.67 per share and $21.02 billion in revenue that analysts surveyed by…
U.S. President Donald Trump meets with Philippine President Ferdinand Marcos Jr. (not pictured), in the Oval Office at the White House in Washington, D.C., U.S., July 22, 2025. Kent Nishimura | Reuters President Donald Trump said the administration is considering ending capital gains taxes on home sales to boost the housing market. When asked about…
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares fell as much as 5% in extended trading on Wednesday after the tech conglomerate issued second-quarter results that topped Wall Street projections. Here’s how the company did in comparison…
