Federally dependent: Federal funding has become a key pillar of Louisiana’s education system, accounting for up to 44% of the state education budget—well above the national average of 13%. This growing reliance mirrors a broader trend, with federal dollars making up 43% of Louisiana’s total state budget in 2023, ranking it the third most federally dependent state. Read more from The Center Square.
Running up prices: Nike will raise prices on a wide range of footwear, apparel and equipment as soon as this week as the retail industry braces for tariffs to hit its profits. Prices for Nike apparel and equipment for adults will increase between $2 and $10. Footwear priced between $100 and $150 will see a hike of $5, while sneakers priced above $150 will see a $10 increase. Read more from CNBC.
Trump adds pressure: The Trump administration on Thursday halted Harvard University’s ability to enroll international students, a major escalation in the administration’s efforts to pressure the college to fall in line with the president’s agenda. The administration notified Harvard about the decision after a back-and-forth in recent days over the legality of a sprawling records request as part of the Department of Homeland Security’s investigation. Read more from The New York Times.
