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Trump Administration Faces Challenges in Effort to Dismantle Education Department

Trump Administration Faces Challenges in Effort to Dismantle Education Department

President Trump has faced difficulties in his attempt to dismantle the Education Department, as Congress recently agreed to increase its funding. Despite Trump's efforts to reduce the federal role in education, the department's programs remain popular and essential, providing support for students with disabilities and making college more affordable. The bipartisan agreement highlights the logistical challenges of eliminating an agency with entrenched functions relied upon by states and schools.
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AI Investment Could Boost Jersey Economy, Expert Suggests

AI Investment Could Boost Jersey Economy, Expert Suggests

AI Investment Could Boost Jersey Economy, Expert Suggests
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Dow Jones Surpasses 50,000 Mark Amid Investor Confidence Surge

Dow Jones Surpasses 50,000 Mark Amid Investor Confidence Surge

Dow Jones Surpasses 50,000 Mark Amid Investor Confidence Surge
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San Francisco Businesses Experience Economic Boost from Super Bowl Festivities

San Francisco Businesses Experience Economic Boost from Super Bowl Festivities

Businesses in San Francisco are experiencing a significant economic boost due to the Super Bowl festivities, despite the game being held at Levi's Stadium in the South Bay. The influx of visitors and increased local spending have positively impacted various sectors, including hospitality, retail, and dining. While some South Bay businesses report only a modest increase in economic activity, San Francisco's vibrant atmosphere and numerous events have attracted a larger share of the economic benefits. The city's ability to capitalize on the Super Bowl's draw highlights its appeal as a destination for major events.
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Morning Bid: Japan markets welcome chance of a long-stay PM

Morning Bid: Japan markets welcome chance of a long-stay PM

A look at the day ahead in European and global markets from Wayne Cole. So, something political markets actually like. Japan's first female Prime Minister Sanae Takaichi knocked it out of the park in the election, sparking a 4.5% rally in the Nikkei to all-time highs.
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UK jobs downturn abates slightly, starting pay stronger, REC/KPMG say

UK jobs downturn abates slightly, starting pay stronger, REC/KPMG say

LONDON, Feb 9 (Reuters) - Starting salaries for permanent staff in Britain showed their biggest rise in nearly a year and a half in January, according to a survey on Monday that also showed the downturn in the number of new permanent staff recruiters hired eased.
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Dow Jones Surpasses 50,000 Amid Volatile Week on Wall Street

Dow Jones Surpasses 50,000 Amid Volatile Week on Wall Street

Dow Jones Surpasses 50,000 Amid Volatile Week on Wall Street
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Education Department Warns Universities Against Using Student Voting Data Amid Privacy Concerns

Education Department Warns Universities Against Using Student Voting Data Amid Privacy Concerns

The U.S. Department of Education has issued a warning to colleges and universities against using data from the National Study of Learning, Voting, and Engagement, citing potential violations of the Family Educational Rights and Privacy Act (FERPA). The department has launched investigations into Tufts University and the National Student Clearinghouse, which are involved in the study. The study provides data on student voter registration and turnout rates, but the department is concerned about the potential sharing of students' personally identifiable information with third parties, including political organizations. Education Secretary Linda McMahon emphasized that educational institutions should focus on teaching and research rather than influencing elections.
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Education Department Warns Universities Against Using Student Voting Data

Education Department Warns Universities Against Using Student Voting Data

The U.S. Department of Education has issued a warning to colleges and universities regarding the use of data from a large-scale student voting study. The department cautions that using this data could violate federal privacy laws, specifically the Family Educational Rights and Privacy Act (FERPA). The study, which provides insights into student political engagement, has raised concerns about the potential sharing of student data with third parties, including political organizations. The department has launched investigations into the study's data handling practices.
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Drops for tech stocks and bad news on the US job market hit Wall Street as bitcoin plunges

Drops for tech stocks and bad news on the US job market hit Wall Street as bitcoin plunges

More drops for technology stocks are yanking the U.S. market lower, while bitcoin’s price dropped by nearly half from its record set last fall
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Fed's Jefferson cautiously optimistic about economy, sees job market stabilizing, inflation falling

Fed's Jefferson cautiously optimistic about economy, sees job market stabilizing, inflation falling

WASHINGTON, Feb 6 (Reuters) - Federal Reserve Vice Chair Philip Jefferson said on Friday he was "cautiously optimistic" about the 2026 economic outlook, with growth expected to remain slightly above trend, the labor market stabilizing, and inflation resuming a decline to the U.S. central bank's 2%
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Minneapolis Faces Economic Strain Amid ICE Surge, Losing $20 Million Weekly

Minneapolis Faces Economic Strain Amid ICE Surge, Losing $20 Million Weekly

Minneapolis city leaders report that the city is losing upwards of $20 million a week due to an ICE surge. The Minneapolis Lake Street Council alone has reported a loss of $46 million in revenue since December. Local businesses, particularly shops and restaurants, are experiencing significant financial strain as a result of decreased consumer spending. City officials are urging community members to support local businesses to mitigate the economic impact.