Walmart announces plans to increase prices because of higher expenses from tariffs.
Walmart announced on Thursday that the effects of President Trump’s trade war would significantly impact costs, warning that tariffs would negatively affect the economy and lead to increased prices, which consumers might feel sharply. The retail giant indicated plans to increase prices this month and into early summer as items impacted by tariffs make their […]
Mavericks get unexpected top pick in NBA draft lottery; Bueckers feels a higher purpose
Chicago hosted the NBA’s draft lottery on Monday night, and in a surprising turn of events, the Dallas Mavericks managed to secure the top selection, even with just 1.8% odds. This comes on the heels of the Dallas Wings winning the WNBA Draft Lottery last month. One of the standout players from this year’s draft, […]
Health insurers seek higher health plan premiums due to increasing health care expenses.
Vermont Health Insurers Seek Premium Hikes Two health insurance companies in Vermont are aiming to increase premium rates for plans available in the state market for 2026. Specifically, Blue Cross Blue Shield is proposing a 23.3% hike for individual plans and 13.7% for small group plans. Meanwhile, MVP, another company operating on the exchange, is […]
I Prefer Not to Have Higher Taxes
Senate Majority Leader John Thune (R-SD) expressed his desire to avoid any tax increases during an appearance on CNBC’s “Squawk Box” this Friday. He acknowledged that even minor tax raises for wealthier individuals could complicate the support for low-income workers. Thune emphasized, “They do it!!!” while referencing more radical approaches from the left. Host Joe […]
Rep. August Pfluger: Public Funds, Private Fortresses: Reestablishing Responsibility for Higher Education
What started as a well-meaning effort has morphed into a system that has been exploited by prestigious universities over the years. Back in the 1940s, private institutions began tapping into federal funds to facilitate wartime research. The GI Bill, enacted in 1944, broadened aid for returning soldiers, helping them with college, home purchases, and job […]
Most expect higher prices from Trump tariffs: Survey
According to a new poll from the United States, most Americans expect higher prices due to President Trump’s tariff policy. Associated Press NORC Research Center. In the survey, 76% of respondents said Trump’s customs policy was trying to “a lot” or “somewhat” increase the prices of U.S. consumer goods. 12% said they believe the tariff […]
Harvard Leads the Charge Against Trump’s Higher Education Agenda!
Following weeks of pushback against the contentious Trump administration, Harvard is now advocating for a proactive stance. The nation’s oldest and richest university is rallying support from other institutions in its lawsuit against the administration filed on Monday. This is in stark contrast to many other universities, especially peer Ivy League schools like Columbia University, […]
Trump’s Assault on Higher Education: A Recipe for Soaring Trade Deficits!
President Trump’s fascination with the trade deficit seems to have led him along a path where he is missing the “big picture.” In 2024, the US trade deficit reached $918 billion. This imbalance, however, varies significantly across different goods and services. Notably, the $293 billion trade surplus in services acts as a counterbalance to the […]
UnitedHealth's stock is plunging on higher medical costs. That may mean trouble for more insurers – CNBC
UnitedHealth GroupShares sank 20% on Thursday after the company cut its annual profit forecast. According to some Wall Street analysts, these darkness stems from the healthcare giants considered the innate of the insurance industry, which could be a warning sign for other companies with so-called Medicare Advantage plans. It comes after turbulent 2024 for health […]
UnitedHealth shares tank as insurer cuts forecast on higher medical care costs – CNBC
Omar Marquez | Lightrocket | Getty Images UnitedHealth Group It cut Thursday’s annual profit forecast in anticipation of exceeded expectations, triggering a 19% selling of the industry’s pioneer stock that revered across the sector. The bleak forecast surprised investors as they were hoping for insurers to launch a revenue season for the sector to maintain […]