Politics And The Markets 04/13/26
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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
HSBC to launch storage services for tokenized securities as more big banks warm to blockchain
HSBC on Wednesday announced it will offer custody services for tokenized securities, making the British bank the latest major institution to embrace digital assets.
Stocks making the biggest moves premarket: Rivian, Warner Bros., Lyft and more
Check out the companies making headlines before the bell. Rivian Automotive — The EV maker popped 8.8% in early Wednesday trading after increasing its
Facebook and Instagram will require political advertisers to disclose AI deepfakes
Meta, parent company of Instagram and Facebook, will require political advertisers around the world to disclose any use of artificial intelligence in their ads,
Brookfield Infrastructure Partners: No Good Reason To Bother With It (NYSE:BIP)
The discussion of the recent short report on Brookfield Infrastructure Partners (NYSE:BIP) has largely subsided and the price of BIP units has recovered. The
Democratic Gov. Andy Beshear will win second term in Kentucky, CNN projects
Democratic Gov. Andy Beshear will win reelection to a second term in Kentucky, CNN projects, defeating Republican Daniel Cameron in a deep-red state that
Virgin Galactic to Cut Jobs. Interest Rates, Geopolitical Unrest Are a Problem.
Virgin Galactic said it would cut jobs and expenses to focus on producing its lower-cost Delta spaceships. CEO Michael Colglazier said in a memo
U.S. oil prices settle below $80 a barrel as China data spotlights demand prospects
Oil futures declined sharply Tuesday, with U.S. prices settling below $80 a barrel, at their lowest since July, after China data highlighted demand concerns.
Mortgage rates register sharpest drop in over a year amid signs of a weakening U.S. economy
The numbers: Mortgage demand rose as rates fell sharply on the back of signs of a weakening U.S. economy. Mortgage rates fell by 25
Fed’s Cook says rising yields not tied to monetary policy outlook
By Howard Schneider WASHINGTON (Reuters) – The recent rise in long-term U.S. bond yields does not seem to have been driven by investor expectations
What’s Next For Norfolk Southern Stock After A 21% Fall This Year?
Norfolk Southern NSC (NYSE: NSC) reported its Q3 results last month, with revenues meeting but earnings missing the street estimates. The company reported revenue
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