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Men's Journal

Beloved Motorcycle Company Announces Bad News as Sales Plunge​

Jessica McBride

On May 1, 2025, Harley-Davidson reported that global motorcycle retail sales were "down 21 percent year-over-year, driven by a volatile macroeconomic environment and overall consumer uncertainty."

The company noted that Harley-Davidson Motor Company revenue was "down 27 percent year-over-year, primarily due to a planned decrease in motorcycle shipments."

As a result, Harley-Davidson wrote, "Due to the uncertain global tariff situation and macroeconomic conditions, we are withdrawing our full year 2025 financial outlook from February 5, 2025."



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www.foxbusiness.com

Student loan borrowers in default begin facing debt collections

Student loan borrowers in default will begin receiving notices Monday that they are being put into collections, according to the Education Department.
www.foxbusiness.com www.foxbusiness.com

The move comes after the Department of Education said last month that it is trying to protect U.S. taxpayers "from shouldering the cost of federal student loans that borrowers willingly undertook to finance their postsecondary education."

"American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies," Secretary of Education Linda McMahon said in a statement. "The Biden Administration misled borrowers: the executive branch does not have the constitutional authority to wipe debt away, nor do the loan balances simply disappear."

The Department of Education said its "Office of Federal Student Aid (FSA) will resume collections of its defaulted federal student loan portfolio on Monday, May 5th," after not doing so since March 2020, which was the beginning of the coronavirus pandemic.

"Today, 42.7 million borrowers owe more than $1.6 trillion in student debt," according to the Department. "More than 5 million borrowers have not made a monthly payment in over 360 days and sit in default -- many for more than 7 years -- and 4 million borrowers are in late-stage delinquency (91-180 days). As a result, there could be almost 10 million borrowers in default in a few months."

"All borrowers in default will receive email communications from FSA ... urging them to contact the Default Resolution Group to make a monthly payment, enroll in an income-driven repayment plan, or sign up for loan rehabilitation," the Department added. "Later this summer, FSA will send required notices beginning administrative wage garnishment."
 
"President Donald Trump, a little more than 100 days after taking the oath of office, questioned whether he had a duty to uphold the Constitution and the Fifth Amendment right to due process as he expressed frustration on judicial pushback to his mass deportation effort.

During a wide-ranging interview with NBC News "Meet the Press" moderator Kristen Welker, Trump was asked if he agreed with Secretary of State Marco Rubio that citizens and noncitizens alike are entitled to due process.

"I don't know," Trump responded. "I'm not a lawyer. I don't know."

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'Shocking': Experts question Trump claiming 'I don't know' about upholding Constitution

President Donald Trump, a little more than 100 days after taking the oath of office, questioned whether he had a duty to uphold the Constitution and the Fifth Amendment right to due process as he expressed frustration on judicial pushback to his mass deportation effort. During a wide-ranging...
www.yahoo.com www.yahoo.com

I mean. Really?

He swore on a bible when he was inaugurated to uphold the Constitution.

Dang!
We're doomed....
 
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