Danielle Chemtob ✍️

These Billionaires Are Stepping Up As Student Loan Cuts Squeeze HBCUs HBCUs are on the frontlines of the One Big Beautiful Bill Act’s new limits on parent and graduate student loans. Philanthropists could help fill the gap.

HBCUs are bracing for impact from the One Big Beautiful Bill Act's new student loan limits. As some philanthropists-most recently Falcons owner/Home Depot cofounder Arthur Blank-step up support for the schools, could it fill the gap? My latest for @forbes.com:

www.forbes.com/sites/daniel...

Medicare Administrator Turned Health Venture Capitalist Raises $440 Million For New Fund Andy Slavitt’s Town Hall Ventures has been investing in healthcare innovations focused on low-income and vulnerable communities. With new funding from investors that include John Doerr, it now has tot...

Andy Slavitt’s Town Hall Ventures has been investing in healthcare innovations focused on low-income and vulnerable communities. With $440M new funding from investors that include John Doerr, it now has total assets of $1.4 billion.

New from me @forbes.com

www.forbes.com/sites/amyfel...

Trump Is Slashing Grad School Loans. Private Firms Are Racing To Profit With Republicans' One Big Beautiful Bill ending the Grad Plus program, private lenders are eyeing billions in new business, but some students could be left in the cold.

@bsky.app Grad Plus loans are being eliminated. It's a business opportunity for lenders, but some students could be left behind. One intriguing solution: Get grad schools to share in the loan risk. www.forbes.com/sites/daniel...

Trump Is Slashing Grad School Loans. Private Firms Are Racing To Profit With Republicans' One Big Beautiful Bill ending the Grad Plus program, private lenders are eyeing billions in new business, but some students could be left in the cold.

The One Big Beautiful Bill caps how much graduate students can borrow from the federal government --and private lenders are gearing up for billions in new business. But advocates worry low-income borrowers will be shut out. My first Daily Cover Story for Forbes:
www.forbes.com/sites/daniel...

Trump’s Unproven Claims About Tylenol And Autism Are Reaching Millions On TikTok Even as medical groups push back on Trump’s unfounded claims about autism, they're going viral on the world's biggest video platform.

www.forbes.com/sites/emilyb...

From October—

“Less than 18 hours after Vice President Kamala Harris conceded, the Trump Store sent an email blast on Thursday blaring ‘EXCLUSIVE ACCESS | The 45-47 Collection Just Launched.’”

For Buyers, The U.S. Housing Market Is Better Than It’s Been In Years On paper, today’s market is fairly evenly balanced between buyers and sellers. Affordability challenges tell a different story.

The housing market is more balanced between buyers and sellers than it's been in years. But it doesn't exactly feel like the golden opportunity to buy for many who are locked out of high prices and interest rates. My latest for @forbes.com www.forbes.com/sites/daniel...

This Barely Used Child Care Tax Break For Employers Just Got An Overhaul Research shows providing child care benefits to workers reduces turnover and boosts ROI. The just-signed spending and tax bill tripled a key federal tax incentive.

Research shows providing child care benefits to workers reduces turnover and boosts ROI. The just-signed spending and tax bill tripled a key federal tax incentive.

This Barely Used Child Care Tax Break For Employers Just Got An Overhaul Research shows providing child care benefits to workers reduces turnover and boosts ROI. The just-signed spending and tax bill tripled a key federal tax incentive.

One lesser-known provision of the Big Beautiful Bill: an expansion of a barely-used tax credit for companies to provide child care for employees. It comes as more employers are playing a role in addressing the child care crisis facing working parents.

www.forbes.com/sites/daniel...

How A Grisly Injury Threw $5 Billion Drone Startup Shield AI Off Course Shield AI executives overlooked its V-BAT drone’s safety hazards. With sales falling short and the CEO stepping down, the company is trying to win back military customers.

NEW: Shield AI is one of defense tech’s most hyped startups, largely thanks to its V-BAT drone.

But last year, a grisly injury involving a U.S. service member threw the $5 billion company off course.
www.forbes.com/sites/davidj...

AI Tutors For Kids Gave Fentanyl Recipes And Dangerous Diet Advice AI study aid chatbots for teen users provided detailed recipes for drugs, dangerous dieting advice, and tips on “pickup artistry” in tests conducted by Forbes.

New from me: chatbots for schoolchildren dispensed dangerous information — including instructions for how to synthesize fentanyl and a date rape drug — in tests conducted by Forbes.

www.forbes.com/sites/emilyb...

AI Tutors For Kids Gave Fentanyl Recipes And Dangerous Diet Advice AI study aid chatbots for teen users provided detailed recipes for drugs, dangerous dieting advice, and tips on “pickup artistry” in tests conducted by Forbes.

"These AI Tutors For Kids Gave Fentanyl Recipes And Dangerous Diet Advice"

@ebakerwhite.bsky.social for @forbes.com

Canadian Car Travel To U.S. Plunged 35% In April—Fourth Consecutive Month Of Year-Over-Year Declines Canadians’ boycott of the U.S. led to a 35% year-over-year drop in car travel—setting up a potential economic loss of $7.4 billion this year.

The Canadians’ travel #boycott of the US got stronger in April. If it keeps up, the US could be looking at an economic loss of $7.4 billion this year.

For @forbes.com.

www.forbes.com/sites/suzann...

IRS Braces For More Workforce Cuts Once Tax Season Ends With the tax season deadline just days away, the IRS is bracing for more cuts. Thousands of employees are expected to receive pink slips in mid-May.

With the tax season deadline just days away, the IRS is bracing for more cuts. Thousands of employees are expected to receive pink slips in mid-May.
www.forbes.com/sites/kellyp...

Trump’s Tariffs: Coming To Your Medicine Cabinet Soon The days of affordable prescription drugs —generics included — may soon come to an end thanks to President Trump’s aggressive tariffs and the global trade war they are inciting.

ICYMI, I wrote earlier this week about what Trump's promise to apply tariffs to pharmaceuticals, currently (mostly) exempt, means for your wallet and the industry. 1/

www.forbes.com/sites/alexkn...

Lawmakers Traded Up To $1.3 Million In Tesla Stock After Musk Endorsed Trump At least 10 lawmakers traded Tesla stock after Musk aligned with Trump—underscoring renewed concerns about members of Congress trading individual stocks.

New: "Lawmakers Traded Up To $1.3 Million In Tesla Stock After Musk Endorsed Trump"

me, for @forbes.com

1/

Get Rich Quick Schemes For The TikTok Generation Social media is flooded with videos that claim “easy” side hustles can make you rich. But many creators have learned that teaching others is a faster path to wealth.

TikTok is flooded with videos about “stupid easy” and “lazy” side hustles that creators claim can earn you thousands a month. But many of those creators are actually making money by selling you a course. My latest for @forbes.com: www.forbes.com/sites/daniel...

IRS Taxpayer Data Is Tightly Restricted By Law. Will This Stop Trump, Musk And DOGE From Gaining Access? Nixon Administration abuses led to the passage of strict tax privacy laws. That’s one reason moves by DOGE to access sensitive data are so controversial.

Nixon Administration abuses led to the passage of strict tax privacy laws. That’s one reason moves by DOGE to access sensitive data are so controversial. Here’s what you need to know about taxpayer privacy.

www.forbes.com/sites/kellyp...

Elon Musk Is A Billionaire Federal Welfare Vampire As Elon Musk’s DOGE chainsaws through federal agencies with budget and staff cuts, Tesla and SpaceX, cornerstones of his wealth, continue to benefit from public money. They probably wouldn’t have succ...

NEW: Elon Musk, leading Trump’s haphazard effort to cut government overspending, is among the largest beneficiaries of federal government support. His empire was built on it.

In the past 15 years, Tesla and SpaceX have sucked in $30 billion in public dollars #doge www.forbes.com/sites/alanoh...

California Bullet Train At Risk As Trump Administration Opens Funding Review Transportation Secretary Sean Duffy ordered a "compliance" review of the project, hinting that $4 billion of federal funds could be at risk.

NEW: California's $100 billion bullet train project is at risk as the Trump Administration opens a review of how federal funds have been used. Transportation Secretary Sean Duffy appears poised to pull back $4 billion awarded by the Biden #highspeedrail www.forbes.com/sites/alanoh...

First Delta Crash Lawsuit Will Be Filed Today, Lawyer Says—After Airline Offers $30,000 To Passengers Over Plane Flip Delta’s goodwill gesture to survivors of the plane crash in Toronto may just be the beginning of the compensation the airline will eventually pay.

Survivors of Delta flight 4819, which crash-landed and flipped at Toronto Pearson on Monday, are hiring lawyers.

Me, for forbes.com

www.forbes.com/sites/suzann...

Clearview AI’s CEO Resigns As Facial Recognition Company Focuses On Trump 'Opportunities' Hoan Ton-That left Clearview after the company struggled to secure big federal contracts. New leadership has been brought in to capitalize on “opportunities” under the Trump Administration.

New: Clearview AI's CEO Hoan Ton-That has resigned.

After he led the company through controversy and lawsuits, the company struggled to secure big federal contracts.

Now, Clearview is focused on selling to the Trump border effort and the Pentagon.
www.forbes.com/sites/davidj...

InnovationRx: Recursion Launches Fund For Biotech Startups Hit By NIH Funding Cuts Plus: A shift in bird flu strategy, a new vaccine for meningococcal disease, a new AI genomics model from Nvidia and more.

A new edition of InnovationRx is here. Inside, @amyfeldman7.bsky.social and I take a look at:

💵 A new fund for biotech startups impacted by policy changes at NIH.

🐔 Vaccinating chickens to control bird flu.

💉 FDA approval for a new vaccine against invasive meningococcal disease

And more!

Clearview AI’s CEO Resigns As Facial Recognition Company Focuses On Trump 'Opportunities' Hoan Ton-That left Clearview after the company struggled to secure big federal contracts. New leadership has been brought in to capitalize on “opportunities” under the Trump Administration.

My colleague @davidjeans.bsky.social has the scoop:

Clearview CEO Hoan Ton-That steps down

www.forbes.com/sites/davidj...

It seems that scammers are taking advantage of the concerns about Social Security and privacy. This email is circulating—it's a scam.

This is a reminder not to click on links from emails purporting to be from the government. If in doubt, go directly to the source and log in.

IRS To Fire Thousands Of Workers This Week—In The Heart Of Tax Season The cuts follow on the heels of other reductions to IRS personnel and the IRS budget and a move that blocked some IRS workers from the delayed resignation program.

The cuts follow on the heels of other reductions to IRS personnel and the IRS budget and a move that blocked some IRS workers from the delayed resignation program.

Meet Mexico’s First Chili-onaire Tajín founder Horacio Fernández turned his authentic Mexican seasoning into a $1.5 billion spice giant—by selling to Americans.

Tajín founder Horacio Fernández turned his authentic Mexican seasoning into a $1.5 billion spice giant—by selling to Americans.

To Understand How Trump Is Upending Washington, Speak To People From His Past Trump's mix of charm and intimidation, a hallmark of his years in business, has now brought him closer than ever to what he has always craved—total power.

"To Understand How Trump Is Upending Washington, Speak To People From His Past"

@danalexander21.bsky.social for @forbes.com

How Investors Can Win The Inflation Race Bad: stubborn prices increases. Surprisingly good these days: Your ability to outrun them.

Feeling nervous about inflation, thanks to tariffs, federal deficit inflating tax cuts or the price of eggs? Here's the case for investing in TIPS. www.forbes.com/sites/baldwi...

Marjorie Taylor Greene Bought Tesla Stock After Named As Chair Of DOGE Subcommittee The Georgia Republican stock purchase puts a spotlight on potential conflicts as she oversees Elon Musk’s federal cost-cutting initiatives.

New: "Marjorie Taylor Greene Bought Tesla Stock After Named As Chair Of DOGE Subcommittee"

me, for @forbes.com