Author: franperez66q@protonmail.com
A student student sits in a lecture hall while class is being dismissed at the University of Texas at Austin on Feb. 22, 2024 in Austin, Texas.Brandon Bell | Getty ImagesThe Trump administration announced on Thursday that it will offer federal student loan borrowers who sign up for autopay a 1-percentage-point reduction on their interest rate, starting July 1. Borrowers on autopay currently have access to a 0.25-percentage-point discount.Federal student loan holders who aren’t already enrolled in autopay have until Sept. 30 to do so, if they want to benefit from the lower interest rate. The discount will last through…
Moody’s affirms Arbor Realty Trust rating, shifts outlook Source link
In May, the federal government announced without warning that it would take apart a network of ocean monitoring systems that it had spent over $350 million to build. No reason was given for the decision to shut down the Ocean Observatories Initiative (OOI), but suspicion immediately focused on the network’s role in tracking climate change. But the OOI also provides data that’s useful for weather forecasting and fisheries management, leading to widespread opposition. Today, it appears that the opposition has won, as the government will announce that it’s reversing the decision. The big remaining question is how much damage the…
The UK’s new defence secretary is under pressure to publish the blueprint after repeated delays. Source link
SpaceX celebrates their IPO at the Nasdaq on June 12th, 2026.Adam Jeffery | CNBCThe average investor who bought SpaceX shares in the open market after its debut has seen nearly all of their gains disappear as a sharp pullback erased a large chunk of the stock’s post-IPO surge.Shares of SpaceX fell 6% Thursday to just under $180 a share. The stock’s five-day volume-weighted average price, or VWAP, is $179 a share. VWAP measures the average price a security has traded throughout the day, weighted by trading volume and is widely used by traders to gauge investors’ positioning.The move suggests the…
NBA Deputy Commissioner Mark Tatum speaks during the second round of the 2019 NBA Draft at the Barclays Center on June 20, 2019 in the Brooklyn borough of New York City.Sarah Stier | Getty ImagesThe NBA plans to name winning bidders for 12 permanent European teams in the next 60 to 90 days, Deputy Commissioner Mark Tatum said in an exclusive CNBC interview. The European league remains on track to debut in October 2027, he said. The 12 new teams will be located in Rome, Milan, London, Manchester, Paris, Lyon, Madrid, Barcelona, Berlin, Munich, Athens and Istanbul. They’ll be joined by…
Explainer-How Trump’s deal with Iran compares to Obama’s Source link
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. Stocks rose on Thursday as traders looked to rebound after the Federal Reserve indicated the possibility of a rate hike this year, which sparked a Wednesday sell-off. Technology stocks led the recovery, with semiconductor names driving gains across the market. The iShares Semiconductor ETF rose by more than 6%. Jim praised new Fed Chairman Kevin Warsh for taking a more data-driven approach to monetary policy and cautioned against putting too much weight on long-term…
Senate Majority Leader John Thune, a Republican from South Dakota, during a news conference following the weekly Senate Republican policy luncheon at the US Capitol in Washington, DC, US, on Tuesday, June 9, 2026. Elizabeth Frantz | Bloomberg | Getty ImagesBill Pulte, President Donald Trump’s controversial pick serve as acting director of National Intelligence, is poised to assume that role on Friday after Trump thwarted Senate Republicans’ efforts to fast-track confirming his nomination of Jay Clayton for that spot.Trump’s surprising move will give Pulte access to the most secret of U.S. intelligence data despite concerns he could use such information…
Kalshi traders see growing odds that the Federal Reserve will hike rates this year after central bank policymakers indicated that higher rates could be in the cards.Chances of a Fed hike in 2026 surged to 57% on Wednesday night, up from 35% on Monday, according to the prediction markets platform. Kalshi traders also see a 72% likelihood of a hike before July 2027 and an 85% probability of an increase before 2028.On Wednesday, the policy-setting Federal Open Market Committee decided to maintain interest rates at a target range of 3.5%-3.75%, a move that was widely expected based on the fed…