Author: admin

The escalating battle between the Trump administration and Harvard University over international student visas could come at a high economic cost.Altogether, international students who studied in the U.S. contributed $43.8 billion to the U.S. economy in the 2023-24 academic year, according to the most recent data by NAFSA: Association of International Educators. In Massachusetts, alone, international students contributed nearly $4 billion and supported more than 35,000 jobs.At Harvard, the share of international students is disproportionately high compared to most other colleges and universities. International students accounted for 27% of Harvard’s total enrollment in the 2024-25 academic year, up from 22.5% a decade earlier.With more…

Former Pakistan women’s captain Sana Mir became the first female cricketer from the country to be inducted into the International Cricket Council’s (ICC) Hall of Fame on Monday. She took the top spot in women’s one-day international rankings in 2018 and helmed the team that took home gold from the 2010 and 2014 Asian Games. Her rise dovetailed with the growth in sporting opportunities for Pakistani women, who were not allowed to play in open fields until the early 2000s. Sana played 226 international matches since her 2005 debut. She is one of only nine women cricketers to have taken…

CNN  —  Americans felt a whole lot better about prices and the job market in May, a month that featured a détente in the trade war between the US and China. Consumers’ year-ahead expectations for inflation tumbled in May by 0.4 percentage points to 3.2%, according to the Federal Reserve Bank of New York’s latest Survey of Consumer Expectations released Monday. It was the biggest monthly sinking of near-term inflation expectations since November 2022, when price hikes slowed much more than expected and the Federal Reserve delivered another heavy-handed effort to curb decades-high inflation. The May survey appeared to mark…

Los Angeles, CA – May 17: Signage and people along Bruin Walk East, on the UCLA Campus in Los Angeles, CA, Wednesday, May 17, 2023.Jay L. Clendenin | Los Angeles Times | Getty ImagesAn unexpected $3,000 in interestEllie BrueckerCourtesy: Bruecker FamilyDespite the government’s promises, Bruecker’s student debt has grown by around $3,000 during the roughly year-long SAVE reprieve, her loan documents show.”I saw those numbers and my eyes bugged out of my head,” said Bruecker, 34.She’s not the only SAVE borrower seeing interest accruing: Other people facing the same issue have taken to social media to try and get answers.At…

Nitat Termmee | Moment | Getty ImagesThe U.S. job market isn’t looking too hot for recent college graduates and other job seekers, according to economists and labor experts.”The job market is kind of trash right now,” said Mandi Woodruff-Santos, a career coach and personal finance expert.”I mean, it’s really difficult,” she added. “It’s really difficult for people who have many years of experience, so it’s going to be difficult for college kids.”‘Tough summer’ for job seekersThat may seem counterintuitive.The national unemployment rate in May was relatively low, at 4.2%. The layoff rate has also been historically low, suggesting employers are…

CNN  —  A long-held stake by a handful of hedge funds may finally yield returns under the Trump administration, but it risks sending shockwaves through America’s $12 trillion mortgage market. Last month, President Donald Trump said he had plans to take mortgage financing giants Fannie Mae and Freddie Mac public. Such a move would end 17 years of federal government conservatorship over the two companies, which have played a central role in America’s housing finance system by providing liquidity to the mortgage market. Some experts warn that severing Fannie and Freddie from government control could raise mortgage rates and restrict…

Carlos Alcaraz saved three championship points as he produced an astonishing fightback from two sets down to beat Jannik Sinner in a French Open final for the ages on Sunday. Reigning champion Alcaraz rallied from the brink of defeat to overcome world number one Sinner 4-6, 6-7 (4/7), 6-4, 7-6 (7/3), 7-6 (10/2) to clinch his fifth Grand Slam title after five hours and 29 minutes. The 22-year-old Spaniard is now unbeaten in five Grand Slam finals after snapping Sinner’s 20-match winning run at the majors. Alcaraz pulled off his first-ever comeback from two sets down to stun Sinner in…

Carol Yepes | Moment | Getty ImagesFor many students and their families, federal student aid is key for college access.And yet, the Trump administration’s budget proposal for fiscal year 2026 calls for significant cuts to higher education funding, including reducing the maximum federal Pell Grant award to $5,710 a year from $7,395, as well as scaling back the federal work-study program. The proposed cuts would help pay for the landmark tax and spending bill Republicans in the U.S. Congress hope to enact.Roughly 40% of undergraduate students rely on Pell Grants, a type of federal aid available to low-income families who demonstrate financial need…

WASHINGTON DC, UNITED STATES – MAY 30: United States President Donald Trump departs at the White House to U.S. Steel’s Irvin Works in West Mifflin, Pennsylvania in Washington D.C May 30, 2025. Celal Gunes | Anadolu | Getty ImagesAs the Senate weighs President Donald Trump’s multi-trillion-dollar spending package, a lesser-known provision tucked into the House-approved bill has pushback from Wall Street.The House measure, known as Section 899, would allow the U.S. to add a new tax of up to 20% on foreigners with U.S. investments, including multinational companies operating in the U.S.Some analysts call the provision a “revenge tax” due…

ROME: Gian Piero Gasperini was unveiled as new coach of Italian side AS Roma on Friday after nine hugely successful years at the helm of Atalanta. Gasperini, 67, joins Roma on a three-year-deal after turning Atalanta into one of Italy’s best teams, winning the Europa League last year. Departing coach Claudio Ranieri stepped down after Roma finished fifth in Serie A, but was on hand to welcome Gasperini, and stood beside the new man as Roma presented him. “Gasperini’s career is defined by its creative tactics, dedication to hard work, and exceptional player development,” Roma said on their website. “Both…