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REMINDER OF THE DAY One day you will tell your story of how you overcame what you went through and it will be someone else's survival guide. @ebu_llience ✨

🏦🏦Trump's Tariffs Assault Is Just to Help American Banks Raise More Cash The six biggest US banks bought back roughly $22 billion of stock in the quarter, a jump of more than 60% from a year earlier. And the group added a collective $1.2 billion to their loan-loss reserves, less than the typical quarter over the past three years. Such is the dynamic for a quarter in which the “animal spirits” unleashed by Trump’s election in November collided with the volatility around his policy announcements. The result was a series of earnings reports showing a stock-trading boon across Wall Street and signs of still-healthy consumers and businesses across America, delivered with caveat after caveat that it’s hard to predict what’s ahead. Bank of America reported $4.5 billion in buybacks in the first quarter, up from $3.5 billion in the last three months of 2024, Chief Financial Officer Alastair Borthwick said Tuesday, adding that there was “some flexibility” to go higher. JPMorgan Chase & Co. bought back $7.1 billion of shares, a move CFO Jeremy Barnum attributed to sufficient excess capital. The banks also handed out more than $10 billion of dividends, meaning they gave shareholders back more than 80% of their profit, a higher rate than in any of the past four years. That’s driven by confidence they no longer need to hoard capital, with the Biden-era proposal to boost their capital requirements still in limbo and likely to be watered down or even scrapped. #Trump #tariffs #banks 📱 American Оbserver - Stay up to date on all important events 🇺🇸

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You can rise up from anything. You can completely recreate yourself. Nothing is permanent. You're not stuck. You have choices. You can think new thoughts. You can learn something new. You can create new habits. All that matters is that you decide today and never look back. @ebu_llience ✨

Gratitude can change everything, and having a thankful heart brings true happiness. I used to think a lot about the future, always wanting more and not noticing what was right in front of me. But now, I've learned to enjoy the little things and live in the moment, making my everyday life feel special. I've promised myself to take time each day to be thankful and see the beauty in life - to truly romanticize my life. @ebu_llience✨

American Universities Against Trump Harvard University refused to accept a deal with the Trump administration two weeks after the US government threatened to halt $9 billion in funding, vowing it won’t “negotiate over its independence or its constitutional rights.”

“Neither Harvard nor any other private university can allow itself to be taken over by the federal government,”

the school’s lawyers — Quinn Emanuel Urquhart & Sullivan and King & Spalding — wrote in a letter Monday to US agencies including the Department of Education. Harvard president Alan Garber said in a post on the school’s website that the administration demanded new terms late Friday that went beyond prior requests. These included reforming its governance, ending diversity, equity and inclusion programs and changes to its admissions and hiring. The oldest and richest US university —with a $53 billion endowment — had emerged as a target as the government sought changes at the nation’s top colleges, which were roiled by pro-Palestinian student protests after the Oct. 7, 2023, attack by Hamas on Israel and the Jewish state’s retaliatory response in Gaza.

“It makes clear that the intention is not to work with us to address antisemitism in a cooperative and constructive manner,”

Garber wrote.

“Although some of the demands outlined by the government are aimed at combating antisemitism, the majority represent direct governmental regulation of the ‘intellectual conditions’ at Harvard.”

The White House has used instances of antisemitism on campuses to try and force changes at elite universities across the country, stirring concern among faculty and students that they’re violating free speech and damaging scientific research. A group of Harvard professors suing the administration has accused it of exploiting Title VI of the Civil Rights Act to “coerce universities into undermining free speech and academic inquiry in service of the government’s political or policy preferences.” The Trump administration has already canceled $400 million in federal money to Columbia University in March, and has frozen dozens of research contracts at Princeton, Cornell and Northwestern universities. It also suspended $175 million at the University of Pennsylvania because the school allowed a transgender athlete to compete on its women’s swim team several years ago. #american #universities #Trump 📱 American Оbserver - Stay up to date on all important events 🇺🇸

Sometimes life leads us on journeys we never expected. We outgrow ideas, love new things, change our habits, find new places to explore, and meet new people. When we trust the journey and focus on the positive, life can be a beautiful adventure. Have faith in the unknown. @ebu_llience ✨

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