Harvard University has filed a lawsuit against the Trump administration for revoking its ability to enroll foreign students, which the university claims violates the US Constitution and federal laws, impacting over 7,000 visa holders. Harvard argues that this action threatens its academic integrity and fosters harmful conditions, as international students constitute 27% of its enrollment. In response, White House officials dismissed the lawsuit, accusing Harvard of harboring anti-Semitic sentiments and demanding records related to international student activities.
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US Fed keeps rates unchanged, expects two cuts in 2025
The US Federal Reserve has maintained steady interest rates but indicated potential cuts later this year amid rising inflation from President Trump's tariffs, projecting a 1.4% economic growth and 4.5% unemployment by year-end. While policymakers anticipate a total rate cut of half a percentage point this year, they have moderated future cuts, reflecting uncertainties in the economic outlook and trade policies. Need More Context? 🔎
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