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The recent announcement by President Donald Trump regarding the transfer of federal student loan oversight from the Department of Education to the Small Business Administration (SBA) raises alarm bells for millions of borrowers burdened by overwhelming educational debt. With student loan debts soaring past an astonishing $1.6 trillion and affecting over 40 million Americans, the
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A recent court ruling has cast a disturbing shadow over the Trump administration’s handling of Social Security, specifically the Department of Government Efficiency (DOGE). A federal judge has intervened, putting a halt to the administration’s access to sensitive personal data at the Social Security Administration (SSA). This case serves as a glaring example of how
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Jensen Huang, the CEO of Nvidia, recently took center stage during the company’s inaugural “Quantum Day” event, hoping to dial back some staggering implications he made earlier this year about quantum computing. In a sector that has seen a thrilling rollercoaster of stock prices, Huang’s latest take was supposed to revitalize investors’ spirits. Unfortunately, it
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The ongoing tug-of-war between compounding pharmacies and big pharmaceutical companies, primarily surrounding the production of copycat drugs like Eli Lilly’s Zepbound and Mounjaro, serves as a glaring illustration of the failures within the U.S. healthcare system. Despite regulatory attempts to curtail what many believe to be an exploitative practice, patients continually find themselves caught in
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The American consulting titan, Accenture, recently experienced a staggering 8% drop in its stock value, a consequence of tightening federal spending that is now casting a shadow over its revenue streams. As a focal point of the firm’s earnings call on Thursday, CEO Julie Spellman Sweet articulated a distressing reality: the company’s Federal Services division,
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In a world where financial markets oscillate between euphoria and despair, no voice resonates louder than that of renowned investor Jeffrey Gundlach. Recently, he warned of rising volatility and a possible recession that may soon grip the economy. With a record of managing approximately $95 billion as CEO of DoubleLine Capital, Gundlach’s insights carry weight,
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