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Democratic and Republican lawmakers agree: nurses deserve to take out more student loans. Loading audio narration… On Tuesday, Democratic Sen. Jeff Merkley and Republican Sen. Roger Wicker led a bipartisan bill to include nursing degrees in the Department of Education’s professional degree designation.The legislation addresses President Donald Trump’s new borrowing limits, which take effect July 1 and include a $100,000 lifetime limit for graduate students and a $200,000 limit for professional students. The Department of Education’s list of programs that meet the definition of “professional” includes medicine, law, and dentistry, but excludes advanced nursing degrees.The exclusion concerned borrowers, advocates, and…

Homes in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty ImagesGrowing concern over the trajectory of the war with Iran has bond yields rising and mortgage rates following suit.The average rate on the 30-year fixed loan rose 7 basis points Tuesday to 6.75%, according to Mortgage News Daily. That is the highest level since July 31. Rates are now up 33 basis points in just the last 10 days and are 46 basis points higher than their recent April low of 6.29%. That April drop came after a sharp spike in rates at…

A nurse checks a patient’s blood pressure. kieferpix/Getty Images hide caption toggle caption kieferpix/Getty Images A coalition of 24 states and the District of Columbia filed a lawsuit in federal court Tuesday challenging a Trump administration rule that limits access to federal student loans for borrowers earning a graduate degree in several popular, healthcare-related fields. “Higher education is expensive, and our health care system is already under immense strain,” New York Attorney General Letitia James said in a statement. “This rule will shut talented people out of critical professions and leave communities with fewer health care providers they desperately need.”…

After months of job hunting, my husband had finally received a great offer, one that even came with a higher salary and title bump. Loading audio narration… The catch is that the role was based in Spartanburg, South Carolina, about seven hours from where we’d lived in Washington, DC, for the past decade.Relocating together was never on the table. I’ve loved living in the city since I moved there to attend grad school. I couldn’t really see myself — or our nontraditional family with our six rescue pets — living anywhere else.However, my husband needed work, and he hadn’t found…

The US economy would have tumbled down a difficult path were it not for AI, Jeremy Grantham says. Loading audio narration… The GMO founder and investing legend issued a cautious message on the state of the US economy and markets last week. Speaking on a recent episode of the Excess Returns podcast, Grantham said he believed the US probably would have slipped into a downturn and seen a steep market crash in 2023 , were it not for the huge investments being poured into AI.”My guess is that in 2023 we would have moved into a recession and the market…

Warren Buffett’s big bash was noticeably quieter this year — but it should pick up in 2027, the unofficial tour guide for the event told Business Insider. Loading audio narration… Tilman Versch has published numerous guides to Berkshire Hathaway’s annual shareholder meeting on his “Good Investing” website.He showcased his knowledge and connections during my recent trip to Omaha, Buffett’s hometown. He invited me to two events he organized — a book signing and an informal chat with an author — as well as a fund manager’s networking dinner.Versch anticipated a sharp drop in attendance this year. Clicks on his online…

Key PointsThe 100% bonus depreciation passed by the Trump administration is delivering a boost to car wash real estate. The car wash business has evolved markedly over the last decade as private equity investors flock to the recurring revenue. Typically, private equity buys the car wash business and then sells the property to an individual investor. A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies.…

Thanks to war, political conditions, and economic hardship, mass migration has become a significant occurrence in many regions of the world.The US recorded a net gain of about 1.2 million migrants in 2025, according to the World Bank Group. But when evaluating each country’s net migration rate as a share of its population, the US ranks 25th in the world.The World Bank Group gathered data on the total number of people who entered or left each country’s population in 2025, including both citizens and noncitizens, from UN Population Division figures.Using World Bank Group data and the United Nations Population Fund’s…

Michael Burry says the AI boom is a dead ringer for the dot-com bubble. Loading audio narration… The investor of “The Big Short” dissected the two periods in a Substack post and discussion thread this week. He also cast doubt on whether AI will live up to its heady billing.”History is not a perfect guide, but I see so many indicators both technical and fundamental lining up for the same conclusion,” Burry told his subscribers on Substack Chat.”1999 went where no market had gone before, and I would say so can this one,” he continued. “It is already there on…

Starting Nvidia all over again? Jensen Huang says no chance. Loading audio narration… In an interview on the “How I Built This” podcast with Guy Raz released on Monday, Huang reflected on the years of pressure, humiliation, near-bankruptcy scares, and personal sacrifice that came with turning Nvidia into the world’s most valuable semiconductor company with a market cap of $5.3 trillion, and the dominant force behind the AI boom. Nvidia was founded in 1993 and went public in 1999. “Suppose I knew everything then that I now know — how hard it is and all of the pain and suffering…