FTC warns about pupil loan ripoffs following Supreme Court docket selection

Essential Points

The Supreme Court docket struck down the Biden administration’s student loan forgiveness approach Friday in a 6-3 ruling. Loan payments are poised to restart in Oct.
The Federal Trade Fee warned in a client inform that scammers would likely goal debtors, potentially posing as U.S. Division of Schooling personnel and featuring mortgage support.
The FTC made available strategies for borrowers to safeguard on their own.

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Finance

Stocks making the biggest moves midday: Trump Media, Salesforce, Tesla, AMC Entertainment and more

May 27, 2025

Check out the companies making headlines in midday trading. Chinese autos — Chinese auto stocks retreated after BYD said it would lower prices on 22 electric and plug-in hybrid models until the end of June, igniting fears of a fresh price war in the Chinese market. U.S.-traded shares of Li Auto and Nio respectively slipped […]

Finance

Stocks making the biggest moves premarket: Tesla, Informatica, Newmont, CoreWeave and more

May 27, 2025

Check out the companies making headlines before the bell. Newmont — The gold miner’s stock shed 2% alongside the decline in the precious metal’s price. Spot gold, considered a safe haven, was down 1.5% after President Donald Trump delayed tariffs on the European Union. Tesla — Shares of the electric vehicle maker rose more than […]

Finance

Xiaomi takes aim at Tesla’s bestselling car in China with its longer-range YU7

May 26, 2025

Key Points China’s Xiaomi is taking aim at Tesla’s bestselling car in China with the YU7 SUV due for launch this summer. “We expect Yu7 would significantly erode Tesla Model-Y’s China market share,” Citi analyst Jeff Chung said in a report Sunday. The YU7 is positioned as a “luxury SUV” and its sales could outperform […]