Global Economic Downturn Could Trump Impacts of Federal Funding Cuts in Mass., Expert Warns

Global economic downturn could trump impacts of federal funding cuts in Mass., expert warns

This is CNBC’s live blog covering European financial markets. Positive start for European stock markets European stock markets are expected to open in positive territory on Friday. Futures contracts for the Stoxx Europe 600 index point to a 0.1% gain at the open. Meanwhile, the U.K.’s FTSE 100, is set to open 0.2% higher, France’s CAC 40 could add 0.1% and Germany’s DAX is seen opening flat at the start of the trading day. In Italy, shares of Me…

Universities’ nightmare scenario: it’s not just federal funding cuts

The NewsThe nightmare scenario for elite universities is here. The flood of White House actions aimed at private colleges can be hard to follow. But think of these universities as companies, and the math gets simpler — and the dangers become stark.Top universities are financial titans, generating investment profits that mirror those of Wall Street firms. They are healthcare companies; the University of Pennsylvania gets half its revenue from the…

Are We Next? Stanford’s Position in the Federal Funding Cut Lineup

On Wednesday, April 9th, President Trump froze $790 million in federal funding to Northwestern and over $1 billion to Cornell. The sequence of funding halts, which began in early March, is in response to university administrations’ handling of pro-Palestine demonstrations, allowance of antisemitic activity on campus, and lack of protection for Jewish students since the fall of last academic year. These hefty cuts have grabbed the attention of st…

University of Alaska warns staff cuts possible amid federal funding uncertainty

University of Alaska President Pat Pitney warns that frozen and lost federal grant funds may force staff cuts. Officials aim to minimize impacts on students and programs.