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Trump wants to make a complicated process for millions of student-loan borrowers easier

President Donald Trump’s administration is preparing to streamline the repayment process for defaulted student-loan borrowers.The Department of Education is moving the platform for managing defaulted student loans from myeddebt.ed.gov to studentaid.gov, Federal Student Aid’s main website, a department spokesperson confirmed.An internal document reviewed by Business Insider said that the transition…

Growth, inflation and Riksbank risks – Rabobank

RaboResearch says Sweden’s weak Q1 GDP was driven by lower government spending but partly offset by household consumption and inventories. It argues that soft CPI and CPIF readings may understate underlying price pressures, especially as VAT cuts distort the data, while Riksbank minutes point to hawkish concern over upside inflation risks.Soft data mask underlying inflation pressures”The contraction in Swedish Q1 GDP was mostly due to a 2.1% q/q drop in government spending. The positive contribution…

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Honda recalls nearly 99,000 vehicles over air bag deployment defect

Honda is recalling nearly 99,000 vehicles in the U.S. over a defect that could cause airbags to deploy unexpectedly during a crash. The recall covers an estimated 98,892 Honda and Acura vehicles from model years 2016 through 2026, according to a May 21 notice from the National Highway Traffic Safety…

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