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
The Subaru Difference: Strong Growth With Great Value (OTCMKTS:FUJHF)
Introduction Subaru (OTCPK:FUJHY) car sales are growing rapidly in the US. In September, US car sales were up 23.4% from a year ago. Growth
A new wave of antisemitism threatens to rock an already unstable world
History is flashing warnings to the world. Outbursts of antisemitism have often been harbingers of societies in deep trouble and omens that extremism and
JPMorgan says go short European bank stocks as headwinds build
Deteriorating economic conditions with the likelihood that interest rates have peaked will impact the earnings of European banks, and the sector should be sold
Solana leads way as large cryptocurrencies post increases
All large cryptocurrencies were up during morning trading on Monday, with Solana SOLUSD, +3.45% seeing the biggest change, rising 5.76% to $34.72. Ripple XRPUSD,
Biden’s AI order could help fight housing discrimination — here’s how
President Joe Biden’s forthcoming executive order on artificial intelligence is taking aim at discrimination in the housing market, calling on federal agencies to crack
More Americans are car shopping, despite UAW strike and high prices
October saw a strike close many car factories, and war and political turmoil are in the news. But Americans went car shopping anyway. According
Tighter credit, lending conditions build case for Fed policy hold
By Ann Saphir (Reuters) -U.S. Federal Reserve officials will likely leave their policy rate on hold at next week’s meeting thanks in large part
Taking The Pulse Of US Cross-Border Payments
Over the past week, the payments industry hosted two major events in the U.S. that together provide the most significant opportunity to measure the
Transportation Stocks Get Hit: Ford, GM, Southwest Airlines
Oil prices and interest rates: concerns about these 2 key factors are leading investors to dump shares in the transportation companies that depend on
Stock Market Selloff Pauses Ahead Of Five Developments
The stock market’s 10% selloff has the look of a full-blown correction. Therefore, Monday’s (Oct. 30) upside reversal (and the calmer days ahead) could
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