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South Carolina’s Commission on Higher Education came up $25 million short on the money it needs to pay colleges for state-sponsored scholarships already awarded for the 2025-26 school year, according to reports from the South Carolina Daily Gazette. This miscalculation that lands less than three years after the same agency was caught sitting on a $152 million surplus. By The Numbers$301.9 million: What the agency projected it would need for LIFE, Palmetto Fellows, and SC HOPE scholarships this school year.$330 million: What it actually needed to pay colleges based on what it awarded.$25 million: The remaining gap after accounting for a $2.6 million…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. May 12, 2026 Federal Reserve Board announces termination of enforcement actions with F & M Holding Company, Inc. and Thread Bancorp, Inc. For release at 11:00 a.m. EDT The Federal Reserve Board on Tuesday announced the termination of the enforcement actions listed below: F & M Holding Company, Inc., Manchester, Georgia Written Agreement dated May 31, 2011 (PDF) Terminated May 6, 2026 Thread Bancorp, Inc., Rogersville, Tennessee (formerly known as Volunteer Bancorp, Inc.) …
Key PointsThe GAO confirms FAFSA simplification met its goals: roughly 9.9 million students were eligible for a Pell Grant in 2024–25, up about 570,000 (6%) from the prior year.Most of the new eligibility came from middle-income families. Pell eligibility climbed sharply in the $60,001–$125,000 income range, and the number of students with household incomes of $40,001–$80,000 qualifying for the maximum award more than doubled.The share of FAFSA filers who qualified for any Pell rose from 65% to 71%, even though fewer students filed the form because of the bumpy 2024–25 rollout. A new report from the U.S. Government Accountability Office (PDF…
Under Armour’s losses were wider than expected, and the outlook was below forecasts as rising costs take a bite.
British government debt fell sharply on Tuesday, with reports suggesting Prime Minister Keir Starmer may face a leadership challenge or even resign as early as today.
Higher education economist Preston Cooper joins The College Investor Audio Show at the ASU+GSV Summit to talk about when a bachelor’s degree pays off, where grad school goes wrong, and how families should think about ROI in a labor market that is changing fast.Recorded live at the ASU+GSV Summit in San Diego, Robert Farrington sits down with Preston Cooper, the researcher behind some of the most widely cited work on the return on investment of college and graduate school, to unpack what the numbers actually say — and what students and families should do with that information during admissions season.Cooper’s…
Energizer Q2 2026 presentation: EPS surges 40%, sales fall 5.5%
Investors had been excited early Monday about speed breakthroughs at the satellite company. But the after-hours earnings report showed a sizable revenue miss.
High-yield savings account rates have been holding steady through the start of May.As of May 11, 2026, some online banks are still offering interest rates up to 5.00% APY, but these top APYs are usually limited by deposit size. This is still much better than the average of 0.38% APY, according to the FDIC.Banks and credit unions are constantly adjusting their annual percentage yields (APYs) as markets react to Federal Reserve policy and inflation data, so staying up to date can make a real difference. Here’s where the best savings rates stand today — and what you should know before…
US top diplomat discusses Iran, Strait of Hormuz with UK and Australia