July 11, 2025
Intangible Assets

Smith & Caughey’s auctions fittings: Santa sleigh among decor, surplus inventory for sale

Smith & Caughey’s is selling its shop fittings and surplus inventory at auction. Photo / Supplied The “Grande Dame” on Queen St has closed because of “a perfect storm of adversity” and had its last trading day three and a half weeks ago on June 15. Started by Irish immigrant Marianne Smith as Smith’s Cheap

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Operating Assets

Detroit land bank leads uneven housing revival, analysis finds

Most of the more than 20K homes purchased by Detroit residents since 2014 have appreciated in value. But the gains are not evenly distributed across the city. Detroit — More than half of homes purchased from the Detroit Land Bank Authority over the last decade have appreciated in value — some by tens of thousands

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Fixed Assets

Organ Mountain Desert Peaks appears safe, at least for now

Over 14 million acres of public lands in New Mexico appear to not be for sale, at least for now. The proposed sale of up to 3.3 million acres of national public lands in the west was proposed by Republican Sen. Mike Lee of Utah. Millions of acres of national forests and other public lands

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Financial Assets

FSA to require DOGE approval for larger loans

Ryan Hanrahan  |  Farmers’ Advance ‘May Day’ protests push back against Trump administration policies “May Day” protesters across the U.S. rallied against President Donald Trump’s policies and billionaire Elon Musk’s influence over the White House. Reuters’ Leah Douglas and P.J. Huffstutter reported that “farm loan employees at the U.S. Department of Agriculture’s Farm Service Agency will

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Financial Assets

2025 high school grads facing $40k in college student loans

Entering young adulthood saddled with debt has become standard for many who want an undergraduate degree, sometimes to the tune of tens-of-thousands of dollars. Around 45% of 2025 high school graduates will go on to a four-year college, according to NerdWallet analysis, and more than one-third of them will take on student loans to pay for their

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Financial Assets

Student loans in default soon to be sent to collections. What to know.

Student borrowers could see credit scores drop for late loan payments Nearly 9.7 million student loan borrowers will see drops in credit scores, according to the Federal Reserve. Straight Arrow News Student loan collections will resume May 5th after a five-year pause. Millions of borrowers risk wage garnishment, impacting social security and tax returns. Defaulting

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Financial Assets

Georgia man admits to helping Nigerian con men in sextortion plot

Teen boys blackmailed using nude photos is on the rise: What to know Predators financially extort teens, mostly boys, by blackmailing them with nude photos. Here’s what you need to know about the cybercrime. A Georgia man admitted he was part of a five-person money laundering conspiracy that took at least $150,000 from sextortion victims,

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Financial Assets

Charts reveal how Trump gutted federal student loan office

More than 600 positions have been eliminated from the Federal Student Aid office, internal documents show. Now, in many places, “no one is identifying schools that are failing financially.” WASHINGTON – President Donald Trump has made it a top priority to dismantle and reorganize the federal Education Department. Simultaneously, he has promised time and again

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Financial Assets

What happens to student loans if Trump abolishes Education Department?

Mixed reactions to Trump’s order to dismantle Education Department Residents in Columbia, Missouri, and New York City reacted to President Donald Trump’s executive order aimed at dissolving the Education Department. WASHINGTON — President Donald Trump signed a long-anticipated executive order seeking to eliminate the U.S. Department of Education, which he said was “45 years in

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Financial Assets

How much money Tennessee receives

Is this the end of the Department of Education? Recent moves by the Trump administration effectively signal his fulfillment of a campaign promise to end ED. President Donald Trump is expected to sign an executive order Thursday afternoon aimed at dismantling the U.S. Department of Education. According to the order, the department aims to “return

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