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Senate Majority Leader John Thune (R-SD), left, listens to Sen. Mike Crapo (R-ID), center, chair of the Senate Finance Committee, speak to reporters outside of the West Wing of the White House on June 4, 2025.Anna Moneymaker | Getty Images News | Getty ImagesRepublicans proposed offering a tax break to tipped workers, as part of a package of tax cuts the Senate Finance Committee unveiled Monday. GOP lawmakers are trying to pass their multitrillion-dollar megabill in coming weeks.The Senate measure — which aims to fulfill a “no tax on tips” campaign pledge by President Donald Trump — is broadly similar…

Vitranc | E+ | Getty ImagesOne provision in Republicans’ “big beautiful” bill would narrow the relief options for struggling student loan borrowers. House and Senate Republicans both call for the elimination of both the economic hardship and unemployment deferment.Those deferments allow federal student loan borrowers to pause their monthly bills during periods of joblessness or other financial setbacks, often without interest accruing on their debt.Less attention has been paid to the GOP plan to do away with the deferments than its proposals to eliminate several student loan repayment plans and to establish a minimum monthly payment for borrowers.The House advanced…

A stack of 250$ and 1000$ dollar bills, US, 1987. (Photo by Alfred Gescheidt/Getty Images)Getty Images U.S. financial markets are calm now, with stocks rallying in the past two months and bond yields stabilizing following a 90-day reprieve in tariffs that expires on July 8. However, the U.S. dollar is more precarious, as it sank to its lowest level in three years last Thursday, according to the Financial Times. The dollar’s weakening occurred after President Donald Trump told reporters he would send letters to trading partners outlining new tariff rates in the next few weeks. This occurred as investors were…

Nine of the world’s top-10 men and nine of the top-10 women have officially entered into the US Open’s revamped mixed doubles event, tournament organisers said on Tuesday, with former singles champions Carlos Alcaraz and Emma Raducanu teaming up. The competition, which will take place a week before the singles main draw during its “Fan Week”, will award $1 million in prize money to the winning team. Sixteen teams have entered and the entry window closes on July 28, after which the top eight teams with the best combined singles ranking will be in the draw via direct acceptance, with…

LAHORE: The Pakistan Cricket Board on Monday named 60 U-19 men’s cricketers for a Skills Assessment camp starting at the Inzamam-ul-Haq High Performance Centre in Multan on Wednesday. Thirty cricketers will participate in each of the first and second phases. The players in the first phase will undergo match-based skill assessment from June 18 to 23 while the second phase will run from June 25 to 30. Additionally, 10 players who have previously represented Pakistan U-19s and are eligible to feature in the 2026 ICC U-19 World Cup will be called up in the third phase of the camp. The…

STOCKHOLM: Swedish double Olympic pole vault champion Arm­and ‘Mondo’ Duplantis increased his own world record again on Sunday, clearing 6.28 metres to the delight of the home crowd at the Stockholm Diamond League meet. With victory in the event already guaranteed, Duplantis broke the world record for the 12th time as he sailed over the bar at the first attempt to improve on his 6.27m effort at Clermont-Ferrand in February. The 25-year-old ripped off his shirt in celebration and raced down the track in front of jubilant spectators at the Olympic stadium built for the 1912 Games. “It’s a magical…

D3sign | Moment | Getty ImagesWomen who invest began at an average age of 31, but most wish they had started putting money in the market earlier, a recent survey said.Nearly all — 90% — of the women investors surveyed said they’re “on the right track” to achieve their financial goals, according to the survey, by Charles Schwab, an investment and financial services firm.However, 85% share a common regret — they said they wish they had started investing at an earlier age, the survey said.When the age is broken down by generation, Schwab found that millennials began investing at age…

LAHORE: The Pakistan Cricket Board on Monday named 60 U-19 men’s cricketers for a Skills Assessment camp starting at the Inzamam-ul-Haq High Performance Centre in Multan on Wednesday. Thirty cricketers will participate in each of the first and second phases. The players in the first phase will undergo match-based skill assessment from June 18 to 23 while the second phase will run from June 25 to 30. Additionally, 10 players who have previously represented Pakistan U-19s and are eligible to feature in the 2026 ICC U-19 World Cup will be called up in the third phase of the camp. The…

LAHORE: Newly-appointed Pakistan Cricket Board’s (PCB) Director High Performance Aaqib Javed said a comprehensive plan has been implemented to run cricket academies across the country, with tangible results expected within six months. Speaking to reporters here at the LCCA Ground on Monday — the opening day of a skill development programme for the senior men’s national team, Aaqib said the National Cricket Academy’s revival had started, with different programmes planned for not only the men’s side but the women’s team and the age-group outfits, promising that the step would start bearing fruit within the next six months. Fifteen players have…

Topline Tesla stock has soared 58% after CEO Elon Musk announced plans to leave DOGE. Can he restore the company’s brand value? If not, the company’s share price may be too high. WALNUT CREEK, CA – MAY 14: Matthew LeBrot is photographed with his Tesla cybertruck, bearing anti … More Musk slogans, in a park near his home in Walnut Creek, California on May 14, 2025. Lebrot lost his job as a Tesla sales manager after calling for Elon Musk to step down from the company after Tesla posted huge losses. (Photo by Martin Klimek for The Washington Post via…