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Wednesday, June 25, 2025

Nearly one in three federal student loan borrowers are at risk of defaulting on payments as early as July, as delinquency and default rates soar in the wake of pandemic-era repayment relief ending. About 5.8 million federal student loan borrowers were 90 days or more past due on their payments as of April 2025, representing the highest delinquency rate ever recorded. "With over 200 million credit-active consumers in the US, the 5.8 million affected borrowers make up only a small percentage," reported TransUnion. Borrowers fall into default once they are 270 days past due. Nearly two million borrowers could reach default status in July, making them subject to wage garnishment and other collection actions by the US Department of Education. Another one million are expected to default in August, followed by two million more in September. This sharp rise in delinquency comes less than two months after the education department resumed collections on defaulted federal loans. read more


Stephen Miller, President Donald Trump's powerful deputy chief of staff and homeland security advisor, is more than just the architect of the administration's hardline immigration policies: He has a personal financial stake in them. Miller disclosed from $100,001 up to a quarter million dollars of stock in Palantir, a tech company woven into the operations of US Immigration and Customs Enforcement (ICE) and used by other federal agencies such as the Pentagon. That stock ownership is previously unreported; this new information comes from his financial disclosure, recently released by the White House. Ethics experts say Miller's deep involvement in ICE's efforts and his financial stake in Palantir raises conflict of interest concerns. Palantir is the highest performing company in the S&P 500 this year. Its stock price is up by over 80% in 2025 so far. read more


Adam Christopher Sheafe (51) confessed to crucifying William Schonemann (76) at his New River home nearly two months ago. The pastor was found dead in his bed, covered in blood, and had a crown of thorns placed on his head. Before Schonemann's murder, who was known as "Pastor Bill" at New River Bible Chapel, Sheafe planned to kill a priest in Phoenix, the first of 14 planned "executions" around the country. He was about to murder a priest after services on Easter Sunday, 20 April, but the presence of two women dissuaded him. "I'm not interested in executing anyone of than the pastors or the shepherds leading the flock astray." Sheafe was arrested two days after Schonemann was found dead following a manhunt. Had he not been caught, Sheafe said he planned to kill 14 other sky pilots throughout the US. Sheafe says he was following God's law and that he'll be forgiven: "I want the death penalty." read more


Tuesday, June 24, 2025

The Trump administration is rolling back a landmark conservation rule from the Clinton era that prevents roadbuilding and logging on roughly 58 million acres of federal forest and wildlands. Rescinding the 2001 Roadless Rule comes as the USFS is under orders by Trump to increase logging and thinning in forests to address the wildfire threat. Environmentalists have already indicated they'll sue to prevent its reversal, however. The 2001 Roadless Rule effectively created de facto wilderness protections for scores of forests in the West and Alaska. Republican states and industry groups say Clinton usurped power reserved for Congress in the Wilderness Act. They have tried to overturn it for decades, filing more than a dozen unsuccessful lawsuits against it. Environmentalists counter that wildfires are more likely to occur in forests that have been developed with roads and other infrastructure. Trump is trying to turn over America's precious natural resources to voracious capitalists. read more


French police arrested 12 suspects after 145 people reported being pricked with syringes during the country's annual street music festival. Millions of people took to the streets across France on the evening of 21 Jun for the Fete de la Musique, with the authorities reporting "unprecedented crowds" in Paris. Before the event, social media posts had called for women to be targeted during the festivities. 145 victims across the country had reported being stabbed with needles, 13 in Paris. Some victims felt unwell after the stabbings. Officials did not say if these were cases of so-called needle spiking with date-rape drugs such as Rohypnol or GHB, used by attackers to render victims confused or unconscious and vulnerable to sexual assault. Some victims were taken to hospital for toxicological tests. read more


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