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Trump’s student-loan repayment overhaul faces a new lawsuit from the biggest public service and healthcare unions

President Donald Trump’s student-loan changes are facing another legal battle.On Tuesday, a coalition of unions filed a lawsuit against the Department of Education seeking to block Trump’s new student-loan changes, including its narrowed definition of professional degrees. The suit argues that the administration violated administrative procedure in its rule and that it will harm public service professions.The coalition includes the American Federation of State, County, and Municipal Employees, American Federation of Teachers, National Nurses United,…

Business

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The federal budget deficit is now expected to surpass $2 trillion this fiscal year, which would be one of the largest shortfalls on record as spending growth continues to outpace tax receipts. The nonpartisan Congressional Budget Office (CBO) on Monday released its monthly budget update for July, which showed the…

Markets

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Vintage photos show what it was like to eat at Burger King in the 1980s

Burger King has grown from a small-time burger joint to a major American corporation.When Burger King first opened in 1954, it served 18-cent flame-broiled burgers, milkshakes, and fries. Three years later, the chain introduced its signature Whopper — now, that same burger is fueling growth for the burger chain.In February,…

Investing

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