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Trump moves to block nearly all foreign students from entering the country to attend Harvard

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President Donald Trump is moving to block nearly all foreign students from entering the country to attend Harvard University, his latest attempt to choke the Ivy League school from an international pipeline that accounts for a quarter of the student body.

In an executive order signed Wednesday, Trump declared that it would jeopardize national security to allow Harvard to continue hosting foreign students on its campus in Cambridge, Massachusetts.

“I have determined that the entry of the class of foreign nationals described above is detrimental to the interests of the United States because, in my judgment, Harvard’s conduct has rendered it an unsuitable destination for foreign students and researchers,” Trump wrote in the order.

It’s a further escalation in the White House’s fight with the nation’s oldest and wealthiest university. A federal court in Boston blocked the Department of Homeland Security from barring international students at Harvard last week. Trump’s order invokes a different legal authority.

Trump invoked a broad federal law that gives the president authority to block foreigners whose entry would be “detrimental to the interests of the United States.” On Wednesday, he cited the same authority when announcing that citizens of 12 countries would be banned from visiting the U.S. and those from seven others would face restrictions. Trump’s Harvard order cites several other laws, too, including one barring foreigners associated with terrorist organizations.

In a statement Wednesday night, Harvard said it will “continue to protect its international students.”

“This is yet another illegal retaliatory step taken by the Administration in violation of Harvard’s First Amendment rights,” university officials said.

It stems from Harvard’s refusal to submit to a series of demands made by the federal government. It has escalated recently after the Department of Homeland Security said Harvard refused to provide records related to misconduct by foreign students.

Harvard says it has complied with the request, but the government said the school’s response was insufficient.

The dispute has been building for months after the Trump administration demanded a series of policy and governance changes at Harvard, calling it a hotbed of liberalism and accusing it of tolerating anti-Jewish harassment. Harvard defied the demands, saying they encroached on the university’s autonomy and represented a threat to the freedom of all U.S. universities.

Trump officials have repeatedly raised the stakes and sought new fronts to pressure Harvard, cutting more than $2.6 billion in research grants and moving to end all federal contracts with the university. The latest threat has targeted Harvard’s roughly 7,000 international students, who account for half the enrollment at some Harvard graduate schools.

“Admission to the United States to study at an ‘elite’ American university is a privilege, not a right,” Attorney General Pam Bondi said in a post on X. “This Department of Justice will vigorously defend the President’s proclamation suspending the entry of new foreign students at Harvard University based on national security concerns.”

Rep. Pramila Jayapal, D-Wash., called the measure ridiculous and said it has nothing to do with national security.

“It’s a thinly veiled revenge ploy in Trump’s personal feud with Harvard, and continued authoritarian overreach against free speech,” Jayapal said on the social media site X.

The order applies to all students attempting to enter the United States to attend Harvard after the date of the executive order. It provides a loophole to allow students whose entry would “benefit the national interest,” as determined by federal officials.

Trump’s order alleges that Harvard provided data on misconduct by only three students in response to the Homeland Security request, and it lacked the detail to gauge if federal action was needed. Trump concluded that Harvard is either “not fully reporting its disciplinary records for foreign students or is not seriously policing its foreign students.”

“These actions and failures directly undermine the Federal Government’s ability to ensure that foreign nationals admitted on student or exchange visitor visas remain in compliance with Federal law,” the order said.

For foreign students already at Harvard, Secretary of State Marco Rubio will determine if visas should be revoked, Trump wrote.

The order is scheduled to last six months. Within 90 days, the administration will determine if it should be renewed, the order said.

A State Department cable sent last week to U.S. embassies and consulates said federal officials will begin reviewing the social media accounts of visa applicants who plan to attend, work at or visit Harvard University for any signs of antisemitism.

In a court filing last week, Harvard officials said the Trump administration’s efforts to stop Harvard from enrolling international students have created an environment of “profound fear, concern, and confusion.” Countless international students have asked about transferring from the university, Harvard immigration services director Maureen Martin said in the filing.

This story was originally featured on Fortune.com



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Bitcoin and broader crypto market sink as Israel launches airstrikes against Iran

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Bitcoin and the rest of the crypto market tumbled on Friday morning after Israel launched a series of airstrikes against Iran, marking a major escalation in the ongoing conflict in the Middle East. 

Bitcoin is down 2% in the last 24 hours, according to Binance, falling from $107,000 to a low of $103,000 before rebounding slightly. The total market cap of the crypto market is down 3%, with Ethereum and Solana down 7% and Dogecoin down 6%. 

The threat of war between Israel and Iran has triggered investors to flee cryptocurrencies because they are volatile and considered risky assets in times of uncertainty. The conflict between the two countries has also raised concerns that Iran may retaliate by closing the Strait of Hormuz, which connects the Persian Gulf to the Arabian Sea and facilitates the shipment of 20% of global oil shipments, according to the U.S. Energy Information Administration. 

Nic Puckrin, founder of crypto education platform Coin Bureau, said that if that happens, the price of oil will surge and investors will flee risky assets, like crypto, to protect the value of their assets. “Oil will see a massive spike, and risk assets will fall off a cliff,” he says. 

Israel’s strike on Iran targeted the country’s nuclear sites, missile facilities, and aerial defenses, and killed top Iranian officials and nuclear scientists. Israeli Prime Minister Benjamin Netanyahu said the strikes are an attempt to eliminate Iran’s nuclear capabilities, and what he called an existential threat to Israel in a video statement on Friday. 

“This operation will continue for as many days as it takes to remove this threat,” he said.

Israel’s strikes came after the International Atomic Energy Agency, an organization within the United Nations that focuses on nuclear technology, said on Thursday that Iran was not complying with its nuclear nonproliferation obligations, according to the New York Times. 

President Donald Trump came out in support of the strikes on Friday, saying in a post on Truth Social that the attacks will get “even more brutal” if Iran does not agree to a deal regarding its nuclear weapons program. “Iran must make a deal, before there is nothing left,” the president wrote. 

Iran’s Supreme Leader Ayatollah Ali Khamenei has promised to retaliate against Israel, writing in a post on X that the nation “should anticipate a harsh punishment.” 

This story was originally featured on Fortune.com



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Deloitte is now offering employees a unique wellness benefit: subsidized Legos

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Workplace wellness—the trend of companies trying to offset job stress with benefits like time off for volunteering, discounted gym memberships, and free therapy—is a buzzy concept that some employers are taking to heart more than others. 

Deloitte is apparently leaning in hard, according to Business Insider, which found that it has updated its list of subsidized items—already including fitness classes and gaming consoles—to include, among other perks, Legos.

The $1,000 subsidy toward “Legos and puzzles” is meant to “empower and support your journey toward thriving mentally, physically, and financially and living your purpose,” say policy documents, according to BI.

Also included in the list of approved items for subsidy, as of June 1, are kitchen appliances like blenders and refrigerators, spa services, personal portable cooling fans, and ergonomic or cooling pillows.

“Most of the responses are things like ‘Lego?!?!? Finally!’ or jokes about how they can now rationalize buying the coveted Millennium Falcon Star Wars Lego set,” one employee told BI, referring to Lego’s most expensive set yet, costing $850 with over 7,500 pieces.

Perhaps Deloitte, one of the world’s Big Four consulting firms along with along with EY, PwC, and KPMG, wants to avoid any misunderstanding among its employees about its desire to support wellness: According to its own 2024 Workplace Well-being report findings, 82% of company executives globally believe their company is advancing human sustainability in general—but only 56% of workers agree.

Further, around 90% of executives believe working for their company has a positive effect on worker well-being, skills development, career advancement, inclusion and belonging, and their sense of purpose and meaning—but only 60% of workers agree.

Deloitte appears determined to go the extra mile—with Legos— to make sure its leaders and workers are in sync. As one X commenter noted: “Building wellness one brick at a time. Honestly, not a bad way to de-stress.”

More on workplace wellness:

This story was originally featured on Fortune.com



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Oil prices jump and Dow plummets 1.8% after Israel’s attack on Iran stokes fears of wider war

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