Colleges and universities across the country, both public and private, face financial challenges ahead of the upcoming academic year, regardless of their size, wealth, and prestige. Layoffs or hiring and wage freezes were recently announced at affluent schools including Cornell, Temple, Northwestern, Duke, Notre Dame, Emory, the University systems in California, Maryland and Nebraska, and
Elon Musk attends the finals for the NCAA wrestling championship in Philadelphia on March 22, 2025. Matt Rourke, File/AP Photo Tech entrepreneur Elon Musk has officially launched a new political party, announcing the formation of the America Party in a July 5 post on his social media platform X. “Today, the America Party is formed
U.S. President Donald Trump speaks to members of the media on board Air Force One on the way to New Jersey on July 4, 2025. Nathan Howard/Reuters President Donald Trump said he would not allow Iran to restart its nuclear program after Tehran suspended cooperation with international nuclear inspectors. Speaking to reporters on July 4
U.S. President Donald Trump speaks to members of the media on board Air Force One on the way to New Jersey, U.S., July 4, 2025. Nathan Howard/Reuters President Donald Trump has signed letters that will be sent to around a dozen nations ahead of next week’s deadline to reach a trade agreement, according to a
Junction Pipeline Company’s proposed oil pipeline will cross the U.S.-Canada border on this prairie parcel near Shelby, Mont., under a presidential permit issued by President Donald Trump on June 30, 2025. Junction Pipeline Company When the phone call came on June 30 notifying him that President Donald Trump had just signed a presidential permit authorizing
U.S. Treasury Secretary Scott Bessent speaks to reporters at the U.S. Capitol on Capitol Hill in Washington on June 27, 2025. Elizabeth Frantz/Reuters WASHINGTON—The United States imposed sanctions on Thursday against a network that smuggles Iranian oil disguised as Iraqi oil and on a Hezbollah-controlled financial institution, the Treasury Department said. A network of companies
President Donald Trump, joined by Republican lawmakers, signs the One, Big Beautiful Bill Act into law during an Independence Day military family picnic on the South Lawn of the White House on July 04, 2025 in Washington, DC. Samuel Corum/Getty Images WASHINGTON—President Donald Trump signed the One Big Beautiful Bill Act into law on July