RawDiary

Edition from 2025-04-16, 8 AM UTC

Trump Freezes $2.3B Harvard Grants... Faces Tax Status Threat

President Donald Trump’s administration froze over $2.2 billion in federal funds to Harvard University after the school resisted sweeping demands, escalating a major battle over academic freedom and federal power. Trump threatened to revoke Harvard’s tax-exempt status amid the standoff, as Obama publicly backed the university. The fight highlights a growing feud between Trump and elite universities over political compliance and funding.

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Number 5.4% - China's GDP growth in Q1 beats expectations despite tariff tensions.

Quote "They’ve taken a hatchet to the Social Security Administration." — Joe Biden

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S&P 6,227 ↑ 0.47% • Dow 44,484 ↓ 0.02% • Nasdaq 20,393 ↑ 0.94% • Gold 3,358 ↓ 0.04% • BTC 108,835 ↓ 0.01%

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