Author: Jeffery Carter

U.S. President Donald Trump delivers remarks in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025. Leah Millis | ReutersPresident Donald Trump is expected to sign an executive order Friday excluding certain student loan borrowers from the popular Public Service Loan Forgiveness program.A White House official said Friday that the PSLF program includes borrowers who work for organizations that “engage in illegal, or what we would consider to be improper, activities.”PSLF, which President George W. Bush signed into law in 2007, allows many not-for-profit and government employees to have their federal student loans canceled after 10…

By Promit Mukherjee and Ryan Patrick Jones OTTAWA (Reuters) -Canada on Friday unveiled billions of dollars in aid and other forms of support to businesses and people expected to be directly affected by U.S. tariffs. These relief measures involve over C$6.5 billion ($4.52 billion) of financial aid to help companies tap new international markets, absorb the impact of losses, access easy loans and prevent layoffs, a team of ministers said. Canada relies on the United States for 75% of its exports and a third of all imports. Its reliance on trade for economic growth leaves the country vulnerable in case…

Figure founder and CEO Brett Adcock Thursday revealed a new machine learning model for humanoid robots. The news, which arrives two weeks after Adcock announced the Bay Area robotics firm’s decision to step away from an OpenAI collaboration, is centered around Helix, a “generalist” Vision-Language-Action (VLA) model. VLAs are a new phenomenon for robotics, leveraging vision and language commands to process information. Currently, the best-known example of the category is Google DeepMind’s RT-2, which trains robots through a combination of video and large language models (LLMs). Helix works in a similar fashion, combining visual data and language prompts to control…

Senator Richard Blumenthal, D-CT, speaks during a Senate Judiciary Committee hearing on the January 6th insurrection, in the Hart Senate Office Building on Capitol Hill in Washington, DC, March 2, 2021.Graeme Jennings | Pool via ReutersSen. Richard Blumenthal this week pressed Visa for detailed plans and documents related to its deal to provide payments services to Elon Musk’s social media site, X, as it prepares to launch a digital wallet.Blumenthal, a Democrat from Connecticut and the ranking member of the Senate’s Permanent Subcommittee on Investigations, pointed to Musk’s role in hobbling the Consumer Financial Protection Bureau — the consumer watchdog…

A person walks past the Department of Veterans Affairs headquarters a block from the White House on March 06, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty ImagesThe Department of Veterans Affairs will begin mass layoffs at the politically sensitive agency as early as June, according to a memo reviewed by Reuters.The memo, which is dated March 6, directs the department’s human resources team to begin reviewing the agency’s operations with an eye toward firing civil servants. It said it expects the review to be done by June, after which “VA will initiate Department-wide RIF actions,” using…

Declan Rice salvages draw for Arsenal, but more points dropped in title race in 1-1 draw at Manchester United.Declan Rice’s equaliser denied Manchester United boss Ruben Amorim a much-needed win, but Arsenal’s faltering Premier League title challenge suffered another damaging blow in a 1-1 draw at Old Trafford. The Gunners sit 15 points behind runaway leaders Liverpool, now with just one game in hand, with their focus beginning to turn to holding off the chasing pack for a place in next season’s Champions League. Bruno Fernandes’s stunning free kick put United ahead in first-half stoppage time on Sunday. The Red…

Check out the companies making headlines in midday trading: Intel — Shares declined 4.2%. Earlier in the day, shares rose more than 2% after Reuters, citing two sources familiar with the matter, reported that chipmakers Nvidia and Broadcom are running manufacturing tests with Intel . The tests signal that both companies are heading closer toward committing hundreds of millions of dollars’ worth of manufacturing contracts to Intel, Reuters said. Chinese automakers — U.S. shares of Chinese electric vehicle brands fell on the heels of their latest deliveries reports . Shares of Xpeng slid 5.8%, and Nio dropped 8.6%, while Li…

Peopleimages | Istock | Getty ImagesIf you’re married and in a single-income household, a lesser-known retirement strategy could boost your nest egg — and there’s still time to use it for 2024.A spousal individual retirement account is a separate Roth or traditional IRA for the non-working spouse. With this strategy, two IRAs can be maxed out annually with enough income from the working spouse. The deadline for 2024 contributions is April 15.”Spousal IRAs are a game changer for married couples looking to build retirement savings and manage their lifetime tax burden,” said certified financial planner Jim Davis, partner at Aspen…

(Bloomberg) — A roller-coaster week for markets ended on that same note, with stocks whipsawing as traders tried to make sense of a myriad of headlines around the economy, tariffs and geopolitical developments. Most Read from Bloomberg Just minutes after a slide that drove the S&P 500 down over 1%, the gauge staged an “oversold bounce” as Federal Reserve Chair Jerome Powell said the economy is fine. The Nasdaq 100 moved away from the threshold of a correction. Bonds fell. In the first signal of a positive response from President Vladimir Putin to US counterpart Donald Trump’s call for a…

Humane, formerly one of Silicon Valley’s buzziest AI hardware startups, announced on Tuesday it was being partially acquired by HP for $116 million, which is less than half of the $240 million the startup raised in venture capital funding. Tuesday may not have been a great day for some Humane investors, but it was especially chaotic for its roughly 200 employees, according to internal documents seen by TechCrunch and two sources who requested anonymity to discuss private matters. Hours after the acquisition was announced, several Humane employees received job offers from HP with pay increases between 30% and 70%, plus…