Politics And The Markets 04/12/26
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Money & Business
Credit card interest rate cap could reduce access for over 100 million Americans, analysis finds
A new analysis finds that a 10% credit card interest rate cap would
Federal court terminates Biden-era student loan plan affecting millions nationwide
A federal appeals court on Monday officially finalized the termination of the
Loeffler targets $50B SBA program that has ‘never been looked at,’ bans 112K-plus COVID loan fraudsters
Small Business Administrator (SBA) Kelly Loeffler unveiled a sweeping fraud crackdown on
American Express to build 55-floor tower at World Trade Center site
American Express has announced plans for the construction of a 55-floor building
Costco quietly boosts gas rewards for branded credit card holders to 5% cash back
Costco has discreetly increased gas rewards for holders of its branded credit
Klarna CEO calls credit cards interest rates an ‘extraction machine,’ backs Trump’s proposed 10% rate cap
Klarna CEO Sebastian Siemiatkowski expressed support for President Donald Trump’s push to
Bilt unveils 3 new credit cards with enhanced housing rewards, 10% intro APR
Bilt, a membership program centered on rewarding consumers for everyday spending, is
Trump administration to delay wage garnishment from student loan borrowers in default
The Department of Education on Friday announced a delay in its plans
Latest
Up 18% This Year, Will Walmart Stock Continue To Grow Past Q3?
Note: Walmart’s WMT FY’2023 ended in January 2023. Walmart (NYSE: WMT), the world’s largest retailer (by revenue), operating discount stores, supercenters, neighborhood markets, and
TransUnion to cut 1,300 jobs as part of multiyear plan to reduce costs, drive growth
TransUnion said it will cut its workforce by 10%, or roughly 1,300 jobs, as part of a plan to reduce costs and fund growth,
Stocks making the biggest moves midday: Home Depot, Fisker, SolarEdge and more
Check out the companies making headlines in midday trading. Azenta — The life science stock jumped 13% on Tuesday, a day after the company
Rep. George Santos former campaign fundraiser Samuel Miele pleads guilty
A former campaign fundraiser for embattled Rep. George Santos of New York pleaded guilty Tuesday in a federal criminal case. The guilty plea by
The UAW’s deal to end the auto strike could be in trouble
A growing number of rank-and-file autoworkers are voting against the deals with General Motors and Ford, despite pay increases that could come to 30%
How The Federal Reserve Might Read The Goldilocks October 2023 Inflation Report
The U.S. Bureau of Labor Statistics posted a seemingly perfect Consumer Price Index (“CPI”) inflation report that sent the major indices higher. At the
Justice Department charges woman over alleged threats to kill Texas judge in medication abortion case
The Justice Department announced charges Tuesday against a Florida woman who allegedly threatened to kill the federal judge in Texas who issued a major ruling that
Wall Street is bracing for inflation data that includes problematic undertones for the Fed
Just as consumers’ expectations for inflation are moving higher, Wall Street firms are now preparing for the likelihood that Tuesday’s consumer price index for
House Republicans Unveil Government Funding Plan as Shutdown Looms
House Republicans unveiled a stopgap plan for funding the federal government on Saturday, giving Congress just under a week to pass legislation that would
David Cameron’s return brings his role for fallen Greensill back to the fore
The surprise return of former Prime Minister David Cameron as the U.K.’s new foreign secretary brings his work for the fallen Greensill Capital back
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