The Republican’s “big beautiful” budget package would add new work requirements for millions of Americans who rely on Medicaid and food stamps. Tying federal aid in exchange for work is “common sense,” according to House Speaker Mike Johnson, who said it would encourage people to get jobs. While the food stamp program already has …
Read More »Can Trump give Harvard’s funding to trade schools? Education experts say it may not be that easy.
President Trump on Monday said he’s weighing whether to redirect $3 billion in grant money for Harvard University to trade schools across the U.S., but education experts say that process faces significant obstacles. Mr. Trump’s comment, which was made on social media, comes as he escalates his attacks on the Ivy League …
Read More »American Airlines flight attendants request permission to strike as holiday travel rush nears
American Airlines flight attendants are asking federal officials for the right to go on strike, possibly before the end of the Christmas and New Year’s travel rush, but American said there was “no possibility” of a walkout over the holidays. Leaders of the flight attendants’ union say they are frustrated …
Read More »Tottenham owner Joe Lewis charged by feds with insider trading
British billionaire and Tottenham soccer team owner Joe Lewis has been indicted on charges of slipping confidential stock tips to his romantic partners, private pilots and other pals, U.S. prosecutors said Tuesday. Lewis exploited his entrée to various corporations to reap lucrative secrets, passed them on to people in his …
Read More »Twitter threatens legal action over Meta’s “copycat” Threads
Twitter is threatening legal action over Meta’s new social media service, Threads, with an attorney for Twitter describing as a “copycat” app allegedly developed by hiring former employees of the microblogging platform owned by Elon Musk and using the company’s trade secrets, according to a letter posted by Semafor. The …
Read More »United Airlines CEO Scott Kirby blasts FAA call to cancel, delay flights amid bad weather
Travelers aren’t the only ones frustrated over a wave of flight cancellations that have snarled travel plans across the Northeast. One airline executive is also grumbling about the disruptions. United Airlines CEO Scott Kirby blasted the Federal Aviation Agency’s decision to cancel thousands of flights last weekend due to a …
Read More »Tesla and other EV makers get carve
A new Florida law changes how cars can be sold in the Sunshine State, hampering the nation’s largest automakers while boosting electric vehicle makers. Gov. Ron DeSantis this week approved HB 637, which bars legacy automakers from offering a direct-to-consumer or online sales option if the company already sells vehicles …
Read More »Money stored on apps like PayPal and Venmo could be at risk, feds warn
Government regulators said Thursday that people who keep cash with payment tools like Cash App, PayPal and Venmo are at risk of losing their money in a crisis because the funds are not protected by federal deposit insurance. The warning follows the recent failure of Silicon Valley Bank, Signature Bank …
Read More »The class of 2023 is entering the strongest job market in 70 years
As graduation season approaches, young people are bracing themselves for the usual job hunt that awaits them on the other side of commencement ceremonies. But for this year’s crop of new grads, finding work might not be as hard as in previous years. A recent study from the Economic Policy Institute shows the …
Read More »Gambling probes eyeing dozens of Iowa, Iowa State athletes
The University of Iowa announced Monday that 26 athletes across five sports are suspected of wagering on sports in violation of NCAA rules, and more than 100 people have been linked to an investigation. In addition, Iowa State acknowledged that some 15 of its athletes across three sports are suspected …
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