Author: Daniel snow

People walk past the headquarters of the U.S. Small Business Administration in the Southwest Federal Center area on March 24, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesA federal judge’s recent order may foil President Donald Trump’s plans to transfer the country’s more than $1.6 trillion student loan portfolio from the U.S. Department of Education to the Small Business Administration.Judge Myong J. Joun of U.S. District Court for the District of Massachusetts wrote in his May 22 preliminary injunction that the Trump administration was required to reinstate more than 1,300 Education Department employees and was blocked from carrying out Trump’s…

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Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty ImagesNvidia continues to see massive growth from sales of graphics processors, with demand for artificial intelligence infrastructure showing no signs of cooling.But for the AI chipmaker, the mood is different heading into Wednesday’s earnings report than it’s been in recent quarters. There’s one big reason why: China.On April 9, the Trump administration sent Nvidia a letter, and said it was requiring an export license for the company’s H20 chip, a version of its Hopper processor…

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New York Attorney General Letitia James holds a press conference following a ruling against former U.S. President Donald Trump ordering him to pay $354.9 million and barring him from doing business in New York State for three years, in the Manhattan borough of New York City, U.S., February 16, 2024. David Dee Delgado | ReutersWalmart agreed to pay a small fine and promised to ensure its third-party resellers are unable to sell realistic looking toy guns to buyers in New York, after state Attorney General Letitia James said Tuesday that the retail giant’s online store shipped them to the state.The settlement…

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