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B2PRIME Unveils Q2 2025 Growth as Founder Shares Key Milestones

2025-08-05T10:14:58.294+02:00 Tuesday, 05/08/2025 | 08:14 GMT by FM B2PRIME is poised for further momentum in the second half of 2025. B2PRIME Group, a global financial services provider for institutional and professional clients, has published its Founder’s Letter for Q2 2025, unveiling new strategic milestones and a continued trajectory of growth. In the letter, Eugenia Mykuliak, the company’s Founder & Executive Director provides a transparent look at B2PRIME’s key financial results and outlines the next steps on its roadmap. According to the report, B2PRIME exceeded EUR 50 million in AUM (Assets Under Management) during Q2 2025. Client deposits grew by 12% quarter-on-quarter, reaching EUR 27.7 million, while gross trading income expanded by 55% and net profit margin rose by 36%. Supported by a 20% increase in trading volumes, equity climbed to EUR 30 million, representing 44% of total assets. These results reaffirm B2PRIME’s resilience and strong fundamentals amid ongoing market volatility. The company continues to see acceleration in asset-class specific trading volumes as well, with notable Quarter-over-Quarter growth in Gold (+49%), GBP/USD (+35%), and NDX (+14%). “Our Q2 performance reflects the strength of our team, our operational discipline, and our long-term product vision,” Eugenia commented. “We remain focused on delivering transparent, reliable, and innovative liquidity solutions to institutional clients — and these numbers show we’re on the right path.” Beyond financials, the letter highlights B2PRIME’s major strategic developments across people, products, and partnerships. The company welcomed senior hires from industry leaders, including oneZero, Edgewater Markets, and Centroid, bolstering its global presence and depth of expertise. In June, the company hosted its B2MEET event in Cyprus, bringing together economists and market professionals to discuss macro trends such as gold underperformance and USD resilience. Looking ahead to Q3 2025, B2PRIME announced a strategic TradingView integration, which will position the firm as a Platinum Broker inside the world’s largest trading and charting ecosystem. The group has also entered a new liquidity distribution partnership with Your Bourse, further enhancing its delivery across OneZero, PrimeXM, Centroid, and FXCubic. With an expanding global team and more events planned, B2PRIME is poised for further momentum in the second half of 2025. B2PRIME Group (https://b2prime.com) is a global financial services provider for institutional and professional clients. Regulated by leading authorities — including CySEC, SFSA, FSCA, and FSC Mauritius — the company offers deep liquidity across multiple asset classes. Committed to the highest compliance standards, B2PRIME delivers institutional-grade trading solutions with a focus on reliability, transparency, and operational excellence. B2PRIME Group, a global financial services provider for institutional and professional clients, has published its Founder’s Letter for Q2 2025, unveiling new strategic milestones and a continued trajectory of growth. In the letter, Eugenia Mykuliak, the company’s Founder & Executive Director provides a transparent look at B2PRIME’s key financial results and outlines the next steps on its roadmap. According to the report, B2PRIME exceeded EUR 50 million in AUM (Assets Under Management) during Q2 2025. Client deposits grew by 12% quarter-on-quarter, reaching EUR 27.7 million, while gross trading income expanded by 55% and net profit margin rose by 36%. Supported by a 20% increase in trading volumes, equity climbed to EUR 30 million, representing 44% of total assets. These results reaffirm B2PRIME’s resilience and strong fundamentals amid ongoing market volatility. The company continues to see acceleration in asset-class specific trading volumes as well, with notable Quarter-over-Quarter growth in Gold (+49%), GBP/USD (+35%), and NDX (+14%). “Our Q2 performance reflects the strength of our team, our operational discipline, and our long-term product vision,” Eugenia commented. “We remain focused on delivering transparent, reliable, and innovative liquidity solutions to institutional clients — and these numbers show we’re on the right path.” Beyond financials, the letter highlights B2PRIME’s major strategic developments across people, products, and partnerships. The company welcomed senior hires from industry leaders, including oneZero, Edgewater Markets, and Centroid, bolstering its global presence and depth of expertise. In June, the company hosted its B2MEET event in Cyprus, bringing together economists and market professionals to discuss macro trends such as gold underperformance and USD resilience. Looking ahead to Q3 2025, B2PRIME announced a strategic TradingView integration, which will position the firm as a Platinum Broker inside the world’s largest trading and charting ecosystem. The group has also entered a new liquidity distribution partnership with Your Bourse, further enhancing its delivery across OneZero, PrimeXM, Centroid, and FXCubic. With an expanding global team and more events planned, B2PRIME is poised for further momentum in the second half of 2025. B2PRIME Group (https://b2prime.com) is a global financial services provider for institutional and professional clients. Regulated by leading authorities — including CySEC, SFSA, FSCA, and FSC Mauritius — the company offers deep liquidity across multiple asset classes. Committed to the highest compliance standards, B2PRIME delivers institutional-grade trading solutions with a focus on reliability, transparency, and operational excellence. Finance Magnates Daily Update Get all the top financial news delivered straight to your inbox. Stay informed, stay ahead. Keep Reading Thought Leadership MH Markets Advances Pre-IPO Preparations: Meets Spartan Capital Securities MH Markets Advances Pre-IPO Preparations: Meets Spartan Capital Securities MH Markets Advances Pre-IPO Preparations: Meets Spartan Capital Securities MH Markets Advances Pre-IPO Preparations: Meets Spartan Capital Securities MH Markets Advances Pre-IPO Preparations: Meets Spartan Capital Securities MH Markets Advances Pre-IPO Preparations: Meets Spartan Capital Securities MH Markets Advances Pre-IPO Preparations: Meets Spartan Capital Securities MH Markets Advances Pre-IPO Preparations: Meets Spartan Capital Securities MH Markets Advances Pre-IPO Preparations: Meets Spartan Capital Securities MH Markets Advances Pre-IPO Preparations: Meets Spartan Capital Securities Thursday, 31/07/2025 | 08:51 GMT What’s New at investingLive: Smarter Tools, Sharper Insights What’s New at investingLive: Smarter Tools, Sharper Insights What’s New at investingLive: Smarter Tools, Sharper Insights What’s New at investingLive: Smarter Tools, Sharper Insights What’s New at investingLive: Smarter Tools, Sharper Insights What’s New at investingLive: Smarter Tools, Sharper Insights What’s New at investingLive: Smarter Tools, Sharper Insights What’s New at investingLive: Smarter Tools, Sharper Insights What’s New at investingLive: Smarter Tools, Sharper Insights What’s New at investingLive: Smarter Tools, Sharper Insights Thursday, 31/07/2025 |

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Trump could soon sign executive order to penalize banks for discriminating against crypto firms

Regulation Home » Regulation » Trump to sign executive order penalizing banks for discriminating against crypto firms Powered by Gloria | Edited by Vivian Nguyen Aug. 5, 2025 New order aims to address claims of political and digital asset bias in banking, pushing for stronger regulatory scrutiny and penalties. Key Takeaways A proposed White House executive order aims to penalize banks that discriminate against crypto and conservative companies. Banks may face fines or disciplinary measures if found violating equal credit, antitrust, or consumer protection laws. Share this article Banks could soon face federal penalties for cutting off conservative or crypto clients for political reasons under a forthcoming executive order, The Wall Street Journal reported Monday. According to a draft order spearheaded by the White House, bank regulators would investigate whether financial institutions violated the Equal Credit Opportunity Act, antitrust laws, or consumer financial protection laws. Violators could face monetary penalties, consent decrees, or other disciplinary measures. President Donald Trump could sign the EO as early as this week, according to people familiar with the matter, but the timing is subject to change. The draft is part of the Trump administration’s ongoing efforts to address debanking, the practice where banks and financial institutions restrict or sever relationships with crypto businesses and clients allegedly based on political bias. Concerns over debanking have led to executive actions aimed at ensuring crypto firms have fair access to financial services. In January, Trump signed an order directing agencies to remove regulatory hurdles and expand banking access for blockchain businesses. In response, regulators previously accused of coordinating pressure on banks to cut ties with digital asset firms, a practice often called “Operation Chokepoint 2.0,” have begun rolling back restrictive policies. Agencies have rescinded informal guidance that discouraged crypto banking, eased oversight, and affirmed that banks can serve crypto firms with proper risk controls. Banks have recently attempted to preempt federal action by meeting with Republican attorneys general and updating policies to explicitly state they don’t discriminate based on political affiliation. The draft order instructs regulators to eliminate policies that may have led to customer dismissals and directs the Small Business Administration to review the practices of banks guaranteeing agency loans. It also requires regulators to refer potential violations to the attorney general in certain cases. Share this article Read More

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CFTC explores allowing futures exchanges to offer spot Bitcoin, crypto trading

Regulation Home » Regulation » CFTC explores allowing futures exchanges to offer spot Bitcoin, crypto trading Powered by Gloria | Edited by Vivian Nguyen Aug. 5, 2025 Allowing spot trading on futures platforms would provide a more efficient, integrated trading experience and increase investor access to spot crypto markets. Key Takeaways The CFTC is considering allowing futures exchanges to offer spot crypto asset trading, including Bitcoin. Public feedback is being sought on regulatory implications and procedures for listing spot crypto contracts on U.S. exchanges. Share this article The Commodity Futures Trading Commission (CFTC) is launching a new initiative to allow spot trading of Bitcoin and crypto asset contracts on registered futures exchanges, also known as Designated Contract Markets (DCMs), Acting Chair Caroline Pham announced Monday. The move is the first step in implementing recommendations from the President’s Working Group on Digital Asset Markets. It is part of the CFTC’s “Crypto Sprint” initiative aimed at enhancing regulatory clarity, expanding oversight of crypto commodities, and deepening collaboration with the SEC to support responsible innovation. “Under President Trump’s strong leadership and vision, the CFTC is full speed ahead on enabling immediate trading of digital assets at the Federal level in coordination with the SEC’s Project Crypto,” said Pham in a statement. Currently, spot crypto trading and futures trading fall under separate regulatory frameworks. The SEC largely oversees spot trading, while the CFTC regulates futures derivatives. By enabling futures exchanges to list spot crypto contracts under the Commodity Exchange Act on DCMs, the CFTC aims to unify oversight and create a more cohesive regulatory structure. “There is a clear and simple solution the CFTC can implement now. The Commodity Exchange Act currently requires that retail trading of commodities with leverage, margin, or financing must be conducted on a DCM,” she added. The CFTC is inviting stakeholder feedback on the listing of spot crypto asset contracts on designated contract markets. It will also evaluate potential implications under securities laws, particularly regarding the SEC’s framework for trading non-security assets that may form part of an investment contract. Public comments are open through August 18 and can be submitted via the CFTC website. All submissions will be published on the agency’s official website. Share this article Read More

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France’s far-right National Rally unexpectedly warms to Bitcoin after years of opposition

Bitcoin Home » Bitcoin » France’s far-right National Rally unexpectedly warms to Bitcoin after years of opposition by Vivian Nguyen Aug. 4, 2025 French lawmakers rethink digital assets amid economic debates and shifting political alliances. Photo: Alain JOCARD/AFP Key Takeaways France’s far-right National Rally party proposed using surplus nuclear electricity for Bitcoin mining, signaling a major policy shift. The initiative suggests growing political support for crypto despite prior opposition from party leaders. Share this article France’s main far-right party, the National Rally (Rassemblement National, RN), long known for its skepticism toward crypto, is showing a new stance as its lawmakers join those from the Union of the Rights for the Republic (UDR) to back a proposal to use surplus nuclear energy for Bitcoin mining, according to a recent report from Le Point. The proposal, filed by 77 members of the two parties on July 11, isn’t drawing attention for its chance of success, but for the change in tone from a bloc that once pushed for an outright ban on digital assets. From money laundering fears to energy opportunity The far-right’s turn toward crypto started earlier this year during parliamentary debates on drug trafficking. RN’s Aurélien Lopez-Liguori, who leads the digital sovereignty study group, became focused on provisions concerning crypto mixers linked to money laundering. As he examined further, he began to see potential in repurposing excess electricity, especially from nuclear plants, for Bitcoin mining. The proposal aims to harness surplus energy for profit. According to the Association for the Development of Digital Assets, a well-known French crypto industry group, mining operations could generate $100-150 million annually per gigawatt of capacity. RN’s leader, Marine Le Pen, who called for banning crypto in 2016, even floated the idea publicly during her March visit to the Flamanville nuclear power plant. In June, Lopez-Liguori pushed a related amendment, but his first shot was shut down. He came back with a full bill last month. The lawmaker is proposing a five-year pilot project aimed at improving energy efficiency at state utility EDF. The goal isn’t to create a national Bitcoin reserve, but to follow Norway’s model, even as Norway has recently retreated from crypto mining. RN remains divided, while Zemmour’s party embraces Bitcoin Still, not everyone in the RN is on board. Some senior figures remain wary of embracing an asset class they view as unstable and ideologically incompatible with the party’s vision of state-controlled monetary sovereignty. One anonymous party official dismissed crypto as “hot air,” warning of the political risks. Others are frustrated by what they see as premature messaging and internal divisions playing out in public. In contrast, another known far-right party, led by Éric Zemmour, has leaned fully into the Bitcoin narrative. His close adviser Sarah Knafo delivered a speech at the European Parliament last December in which she lauded the promise of decentralized finance and accused the European Central Bank of authoritarian overreach. The speech was applauded by El Salvador’s President Nayib Bukele and earned Knafo an invitation to the “Crypto Ball” in Washington this January, held just before Trump’s inauguration. Share this article Read More

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Peter Thiel-backed exchange Bullish targets $4.2 billion valuation, plans to convert IPO proceeds into stablecoins

Business Home » Business » Peter Thiel-backed exchange Bullish targets $4.2 billion valuation, plans to convert IPO proceeds into stablecoins Powered by Gloria | Edited by Vivian Nguyen Aug. 4, 2025 In June, the company confidentially filed for a US IPO amid a growing trend among crypto firms to go public. Key Takeaways Bullish aims to raise up to $629 million in its IPO at a $4.2 billion valuation. The firm plans to convert IPO proceeds into stablecoins through partnerships with token issuers. Share this article Peter Thiel-backed crypto exchange Bullish plans to raise up to $629 million in its initial public offering (IPO), targeting a valuation of up to $4.2 billion, according to a Monday SEC filing. The filing comes after the company, which serves institutional crypto traders and owns media outlet CoinDesk, formally filed for a US IPO with the SEC last month. Bullish is offering 20.3 million shares on the NYSE under the ticker “BLSH,” with a price range of $28 to $31 each, as shared in the new filing. BlackRock’s funds and ARK Investment Management have indicated interest in purchasing up to $200 million of shares at the IPO price, though these expressions are not binding commitments. The company plans to convert a significant portion of the IPO proceeds into US dollar-denominated stablecoins through partnerships with token issuers. The move comes as crypto companies benefit from recent regulatory developments, including the passage of the GENIUS Act, which provides an initial framework for stablecoins. This is Bullish’s second attempt to go public. The company previously pursued a $9 billion merger with a Special Purpose Acquisition Company (SPAC) in 2022, but the deal was called off due to unfavorable market conditions and heightened regulatory scrutiny. Share this article Read More

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Nasdaq-listed Verb Technology secures $558 million to launch first publicly traded Toncoin treasury strategy

Business Home » Business » Nasdaq-listed Verb Technology secures $558 million to launch first publicly traded Toncoin treasury strategy by Vivian Nguyen Aug. 4, 2025 The company plans to rebrand as TON Strategy Co. Key Takeaways Verb Technology raised $558 million to become the first public treasury reserve of Toncoin. TON powers Telegram’s crypto ecosystem and offers staking rewards to treasury holders. Share this article Verb Technology Company, which focuses on e-commerce and healthcare services, has secured $558 million in gross proceeds through an upsized and oversubscribed private placement (PIPE) to implement a Toncoin (TON) treasury strategy, according to a Monday announcement. Post-transaction, expected around August 7, Verb Technology is set to rebrand as TON Strategy Co. (TSC) and establish itself as the first publicly traded treasury reserve of Toncoin, the native crypto asset of The Open Network blockchain. “Telegram is the preferred messenger for the growing global crypto community and $TON is the currency that powers the Telegram ecosystem. In my judgment, permanent capital vehicles are particularly suitable for long-term holdings of $TON, which not only has the potential to compound in value, but also offers staking yield, meaning TSC can benefit from staking rewards,” said Manuel Stotz, incoming Executive Chairman. Verb will allocate the majority of net proceeds to TON following the close, which would make it one of the largest TON holders. The company estimates it will hold roughly 5% of Toncoin’s circulating market value. The company also plans to generate sustainable staking rewards, creating a cash flow positive treasury model built around TON. Verb’s transformation is backed by more than 110 institutional and crypto-native investors. The PIPE was led by Kingsway Capital and anchored by major firms such as Vy Capital, Blockchain.com, Ribbit Capital, and Graticule (GAMA). Other major backers include Pantera, CMCC Global, Kraken, Animoca, ParaFi, and BitGo. Despite the strategic pivot, Verb’s existing business operations, including its AI-powered livestream shopping platform MARKET.live and recently acquired LyveCom, will continue and are expected to expand. “The TON ecosystem marks a major step in global crypto adoption, and I’m proud we’re leading efforts to drive investment in the future of digital commerce,” said Peter Smith, CEO & Co-Founder of Blockchain.com and incoming Special Advisor. The price of TON dropped about 5% following the news, amid a wider sell-off in the crypto market Monday morning, TradingView data shows. Share this article Read More

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Millennial Gray Is So Over-Here are 5 Paint Colors to Try Instead

Earlier this year, we asked Realtor.com readers to share the paint color they think should be banned from listings forever. Their responses included hues from “that Santa Fe peach color” to beige, greige, and brown (which was described by one reader as “legit the worst color ever,” but there was one trendy shade that got more (ahem) shade than all the rest: Gray.  “I’m bored to death of seeing it everywhere,” one reader commented. “Reminds me of dreary & depressing winter skies,” said another. And our followers aren’t the only ones who are ready to move on. A recent trend report from Yelp confirms that the era of so-called “millennial gray”is officially over. So, what’s next? We asked color specialists, interior designers, and editors to share the hues that’re loving right now. 5 Paint Colors to Try Instead of Gray If you want something fresh and elegant: Vale Mist by Benjamin Moore “I repainted my bedroom Benjamin Moore’s Vale Mist and I love it so much,” says creative director Kristina Hacker. “It’s the perfect fresh, neutral sage and pairs really elegantly with white molding.” If you want something creamy and inviting: Natural Tan by Sherwin-Williams Designer Fariha Nasar painted over her millennial gray kitchen cabinets with this creamy off-white from Sherwin-Williams and the result is warm and inviting.   If you want something calming and sophisticated: Parma Gray by Farrow & Ball Don’t be put off by the “gray” in the name: Parma Gray is a “gentle and sophisticated blue tone,” says art director Samantha Bolton. “I color drenched our guest room, creating a calm feel in a very hectic home.” If you want something dramatic, but grounding: Hale Navy by Benjamin Moore “Hale Navy is our classic navy blue that gives a sense of balance, stability and reassurance,” says Hannah Yeo, senior manager of color marketing at Benjamin Moore. She notes that it works in almost every room—from a mood-setting entryway to an accent wall by the fireplace—and is also a great option for your front door and shutters.  If you want something blue, but not babyish: Good Jeans by Clare I’m looking for a color for my 15-month-old boy’s new room. I could see painting the walls or the trim (or both!) this saturated blue, which feels appropriate for a toddler, without being babyish.  The realtor.com® editorial team highlights a curated selection of product recommendations for your consideration; clicking a link to the retailer that sells the product may earn us a commission. Read More

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‘The Fantastic Four: First Steps’ Disappoints With $40 Million At Box Office In Second Weekend

Topline “The Fantastic Four: First Steps” grossed an estimated $40 million at the domestic box office over its second weekend in theaters, according to early estimates—falling below expectations and marking a steep decline after debuting at $117.6 million a week earlier. The Marvel film saw a 66% drop for its second weekend after opening with $117.6 million. Variety via Getty Images Key Facts The new Fantastic Four adaptation starring Pedro Pascal, Vanessa Kirby, Ebon Moss-Bacharach and Joseph Quinn remained at the top of the box office charts over its second weekend after becoming Marvel Studios’ biggest opening this year. However, box office sales dropped 66% compared to its opening weekend—largely in line with other second weekend declines from Marvel Studios films this year, including “Captain America: Brave New World” (68% drop after opening at $88 million) and “Thunderbolts*” (55% drop after opening at $74 million). Despite positive reviews and a 92% audience score on Rotten Tomatoes, the Marvel film’s second weekend lagged behind projections from Box Office Pro, which estimated the film would gross $45 million-$50 million over its second weekend. What Else Debuted This Weekend? Two new comedies debuting over the weekend competed for the second spot, although neither came close to surpassing Marvel’s blockbuster. “The Bad Guys 2,” DreamWorks’ new animated heist comedy with an ensemble cast, won the number two spot after opening at $22.8 million. The new reboot of “The Naked Gun” starring Liam Neeson and Pamela Anderson debuted at number three, grossing about $17 million after largely positive reviews and audience scores. Two holdover blockbusters rounded out the top five for the weekend: “Superman” remained in theaters, grossing another $13 million over the weekend for fourth place, while “Jurassic World Rebirth” continued its run with $8.4 million for fifth. Key Background Last weekend’s opening for “The Fantastic Four: First Steps” notched a big win for Disney-owned Marvel Studios, whose major releases this year have opened behind their blockbusters of the past as critics warn that audiences are developing “superhero fatigue.” However, DC Studios still holds the top spot for strongest superhero opening of 2025 so far after “Superman” debuted at $125 million earlier in July. Read More

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Trump And Miller Compel Colleges Not To Enroll International Students

Students are seen on the campus of Columbia University on April 14, 2025, in New York City. The Trump administration is using rules, policies and agreements to discourage U.S. universities from enrolling international students. (Photo by CHARLY TRIBALLEAU/AFP via Getty Images) AFP via Getty Images The Trump administration is using various policies and formal agreements to discourage U.S. universities from enrolling international students. A controversial immigration clause in the administration’s agreement with Columbia University represents the latest move to decrease international student enrollment. Settlements with other schools could soon follow. Despite what economists and educators view as the benefits of international students, Trump officials, led by White House Deputy Chief of Staff Stephen Miller, appear determined to reduce the number of international students who enter and remain in the United States to work. For example, Trump officials and Columbia University signed an agreement on July 23, after the administration withheld over $400 million in federal research funds. The Trump administration accused the school of not sufficiently combating antisemitism on campus. Under the new agreement, Columbia will pay $200 million to the U.S. Treasury and an additional $21 million into a fund associated with the U.S. Equal Employment Opportunity Commission to settle claims. A Resolution Monitor will “monitor Columbia’s compliance” with those and other provisions. Columbia’s leadership decided that future and current funding, more than $1 billion, would remain at risk without a settlement. The agreement includes a controversial provision that commits Columbia University to decreasing international student enrollment. The measure has received little attention. On page nine, the agreement states, “Columbia will examine its business model and take steps to decrease financial dependence on international student enrollment.” The measure is extraordinary, given that international students typically pay higher tuition than domestic students. Admitting more international students would likely improve the school’s finances. A Controversial Immigration Provision In The Agreement With Columbia University “It makes no economic sense for U.S. universities or the American economy to admit fewer international students,” Mark Regets, an economist and senior fellow at the National Foundation for American Policy, told me in an interview. “The United States benefits economically in several ways from international students and the same is true for the universities where they enroll.” The number of U.S.-born men and women of college age is declining, which means a more prudent policy for U.S. universities and the federal government might be to attract more international students. “Without immigrants, international students and the children of immigrants, the undergraduate student population in America would be almost 5 million students smaller in 2037 than 2022, or about two-thirds of its current size, while the graduate student population would be at least 1.1 million students smaller, or only about 60% of its current size,” according to a National Foundation for American Policy report by Madeline Zavodny, a professor of economics at the University of North Florida. Zavodny’s report also found that a higher enrollment of international students is associated with an increase in U.S. students majoring in STEM fields, stating: “Each additional 10 bachelor’s degrees—across all majors—awarded to international students by a college or university leads to an additional 15 bachelor’s degrees in STEM majors awarded to U.S. students.” According to Zavodny, “Colleges and universities that attract more international students likely are devoting more resources to STEM areas, such as increasing the number of courses and adding fields offered within STEM, hiring more faculty, and providing new lab spaces and buildings. To the extent such changes are occurring, they appear to be attractive to U.S. students as well.” International students also contribute as employees and entrepreneurs. At U.S. universities, 71% of the full-time graduate students in computer and information sciences and 73% of the full-time graduate students in electrical and computer engineering are international students. Regets added that even students who leave the country help connect Americans to the three-quarters of the research and development activities that are performed outside the United States. According to a statement released by NAFSA: Association of International Educators: “International students studying at U.S. colleges and universities contributed $43.8 billion and supported 378,175 jobs to the U.S. economy during the 2023-2024 academic year.” NAFSA expects the travel ban, visa interview suspension and limited appointment availability to result in a potential decline of 30% to 40% in new international student enrollment in the fall of 2025. “One-quarter (143 of 582, or 25%) of billion-dollar startup companies in the U.S. have a founder who first came to America as an international student,” according to an NFAP analysis. Earlier this year, President Donald Trump said at a press conference that Harvard “should have a cap of maybe around 15%” of international students in its student body.” In their agreements with universities, Trump officials may focus on including a provision to decrease financial dependence on international student enrollment at schools with a larger proportion of international students. While international students represent about 40% of Columbia University’s enrollment, the proportion is only about 14% at Brown University and it was not forced to include the provision on international students in an agreement signed on July 30. White House Deputy Chief of Staff Stephen Miller talks to reporters outside of the White House West Wing on May 9, 2025. (Photo by Chip Somodevilla/Getty Images) Getty Images Stephen Miller’s Impact On Immigration And The Columbia University Agreement Why does an agreement spurred by an investigation into Columbia University’s lack of response to antisemitism on campus include a measure to reduce international student enrollment at Columbia? The answer is that Miller leads negotiations between the White House and U.S. universities, and he may be using the opportunity to promote anti-immigration policies. Indeed, CNN reported that university leaders across the country are privately “negotiating with a deputy to top Trump aide Stephen Miller in hopes of avoiding the same aggressive targeting of Harvard University.” Many such university representatives are negotiating with senior White House policy strategist May Mailman, who CNN reporter Betsy Klein identified as working closely with Miller to enact

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Powerball Jackpot Hits $426 Million-Here’s How Much the Winner Could Take Home After Taxes

Topline The Powerball jackpot ticked up to $426 million after no winners were drawn Saturday night, but a lucky winner or winners would take home substantially less after paying federal and state taxes on their winnings. Winners from Monday’s upcoming drawing could get either $426 million in installments or a lump sum of $193.5 million, but that would get slashed significantly after taxes. Getty Images Key Facts No tickets were sold matching all of Saturday’s numbers (6, 18, 34, 35, 36, and Powerball number 2), raising the jackpot again for Monday’s upcoming drawing. If a winner is drawn Monday, they will have the option of either accepting the $426 million prize spread out over 30 annualized payments, or take the lump sum of $193.5 million, which is the more popular option for winners. However, a federal withholding tax of 24% is applied to that jackpot, bringing the winnings down to $323.7 million, or $147 million for the lump sum. The winnings are then taxed based on the winners income—which could rise as high as 37% for Americans in the highest tax bracket, bringing the final winnings for the lump sum down to $121.9 million. State taxes then reduce this jackpot even further, with New York charging the highest rate at 10.9%, though some states, including California, Florida and Texas, do not tax winnings. What To Watch For The next drawing is scheduled for Monday night at 10:59 p.m. EDT. If no winner is drawn Monday, the next drawings will take place Wednesday and Saturday. Key Background The odds for winning the Powerball jackpot are 1 in 292.2 million, according to the lottery organizers. The odds of winning the $1 million prize (with a ticket matching five numbers without the Powerball number) are 1 in 11.6 million. Big Number $526 million. That’s how much a lucky winner in California got after purchasing a winning ticket in March. Because that player won in the Golden State, they did not have to pay state taxes on those winnings. Read More

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