On April 2, 2025—a date President Trump proclaimed “Liberation Day”—the administration announced the most sweeping tariff hike since the Smoot-Hawley Tariff Act, the 1930 law best remembered for triggering a global trade war and deepening the Great Depression. On April 4, Boeing’s stock price hit $136.59. It closed Friday, June 6th at $210.86, a whopping 54% return in just two months. What has become known as the TACO trade—TACO stands for “Trump Always Chickens Out”—has earned the president the Wall Street nickname “DJ Taco.” When Trump assumed the presidency for the second time, investors expected unprecedented investment opportunities driven by…

Hundreds of thousands of federal student loan borrowers received a formal notice this week warning them that interest is accruing on their balance, and suggesting that they make a payment. But for many of these borrowers, interest isn’t actually accruing, and the notice provided misleading information. The federal student loan repayment system remains plagued by dysfunction, making the environment ripe for confusion and misinformation. More than eight million borrowers who had enrolled in the SAVE plan remain stuck in a forbearance after a court blocked the program last summer. The ruling came in response to a legal challenge brought by…