Trump student loan overhaul takes effect
Trump administration's sweeping changes to the federal student loan system take effect July 1, 2026. New borrowing limits and repayment restructuring aim to lower college costs, but critics question whether limiting loans will force tuition reductions. NPR and CNN detail the practical impact on borrowers, including changes to income-driven repayment plans and loan forgiveness pathways.
Global central banks are accelerating plans to reduce US dollar reserves and increase gold holdings, viewing US assets as increasingly risky. The shift comes as gold suffers its worst quarter in 13 years due to rising interest rate fears. Asian markets, particularly in China and India, are emerging as key buyers offering potential support for gold prices.
President Trump's annual financial disclosure reveals he earned over $1 billion from cryptocurrency ventures in his first year back in office, with CNBC reporting at least $580 million from crypto-related sources. The disclosure also shows more than $100 million in direct Bitcoin investments. The figures underscore the unprecedented intersection of political power and digital asset markets.
The S&P 500 has risen nearly 10% year-to-date despite geopolitical tensions, persistent inflation, and uncertainty around AI-driven markets. The technology sector led first-half gains, though the best-performing stocks were predominantly outside the United States. MarketWatch identifies the top 20 S&P 500 performers for the first half of 2026.