Tag Archives: billions

An up-to-50% monthly payout reduction may be a reality for more than 1,000,000 Social Security recipients. For most retirees, their Social Security income is indispensable. When surveyed by national pollster Gallup in April, 86% of retirees said that their monthly check is a “major” or “minor” income source. In other words, it’s a necessity, to some varied degree, to make …

The US’s largest companies have spent 2025 locked in a competition to spend more money than one another, lavishing $155bn on the development of artificial intelligence, more than the US government has spent on education, training, employment and social services in the 2025 fiscal year so far. Based on the most recent financial disclosures of Silicon Valley’s biggest players, the …

The Department of Government Efficiency wasn’t so efficient after all. In fact, it was extraordinarily wasteful, according to a Thursday report by the U.S. Senate’s investigations subcommittee. When Elon Musk spent the early part of this year ransacking the federal government, the billionaire promised that his mass layoffs of federal employees, his choking off of critical foreign aid, and his …

Three leading automakers in Germany are now facing potential financial losses. At the same time, the industry as a whole is already suffering from weak demand for European cars and intense competition from Chinese automakers – European markets have been flooded with cheap Chinese electric vehicles. The automotive sector in Europe has become one of the hardest hit by the …

WASHINGTON (AP) — The Trump administration is releasing billions of dollars in grants to schools for adult literacy, English language instruction and other programs, the Education Department said Friday. President Donald Trump’s administration had withheld more than $6 billion in funding on July 1, as part of a review to ensure spending aligned with the White House’s priorities. WATCH: Trump administration withholds …

July 25 – Intel (NASDAQ:INTC) shook markets on Friday, shedding more than 7% share value in pre-market trading after its Q2 report revealed a $2.9 billion loss and plans to cut over 25,000 jobs by year?end. Revenue came in at $12.9 billion, slightly above estimates, but the company warned of deeper losses ahead and set Q3 revenue guidance between $12.6 …

Trump administration releases billions it withheld from schools  The Washington Post Trump Live Updates: News on Education Funds, Epstein and Ghislaine Maxwell and More  The New York Times Education Department says it’s releasing more than $5 billion in frozen grants  NPR Following freeze, WA to get federal school funds after all  The Seattle Times Trump administration releases over $6B in frozen education funds to …

Trump administration to release billions in frozen education funds  Axios Education Department says it will release billions in remaining withheld grant money for schools  apnews.com Trump administration moves to release billions in federal education cash  Politico Trump administration releasing $6 billion in education funding it withheld  ABC News Education Department says it’s releasing more than $5 billion in frozen grants  NPR Source link

WASHINGTON (AP) — The Trump administration is releasing billions of dollars in grants to schools for adult literacy, English language instruction and other programs, the Education Department said Friday. President Donald Trump’s administration had withheld more than $6 billion in funding on July 1, as part of a review to ensure spending aligned with the White House’s priorities. The funding …

A fascinating new study has shaken up our understanding of Earth’s oceans. It reveals that around 15 million years ago, something remarkable happened beneath the surface of the planet: the Earth “swallowed” billions of tonnes of water, causing sea levels to drop by a staggering 30 meters. This discovery, published in February 2025 on the AGU portal by researchers looking …