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
Russia is turning increasingly hostile toward Israel as it picks sides in the Middle East
When the Israel-Hamas war started a month ago, Russia was conspicuously measured in its immediate response to the conflict, issuing cautious statements calling for
Deposit delays: Fed tells banks to get customers help
Federal Reserve officials are urging banks to work with customers hurt by ongoing deposit delays that have prevented some people from accessing their paychecks
CWB ETF: Convertibles Offer No Competitive Yield
Rising long-term interest rates make long-term treasuries more and more a viable alternative to equities, certainly much more than was the case the previous
5 takeaways from new polls that reveal Biden’s challenges and Trump’s potential victory path
A big night for Democrats Tuesday in state races only highlighted the struggles Joe Biden faces in 2024 following polls suggesting he’s far less
IAC Sees Turnaround Coming at Angi and Dotdash Meredith
There’s light at the end of the tunnel for IAC. The internet and media holding company is gaining traction on turnaround plans for its
Bitcoin Prices May Be Losing Speed. The Next Rally Could Carry It Past $40,000.
Bitcoin and other cryptocurrencies slipped on Tuesday but remained near relatively elevated levels after a recent rally. While cryptos may have lost some speed,
Bank of Canada foresees no further interest rate hikes until April 2024
The Bank of Canada (BoC) anticipates that there will be no additional interest rate hikes in the current cycle, with the benchmark rate expected
As WeWork Files For Bankruptcy, Shareholders Will Likely Take The Biggest Hit
Flexible-office-space venture WeWork filed for bankruptcy on November 6. The news raises questions such as: Why? And is WeWork stock a bargain at 84
China’s truck industry is buying more driver-assist technology
BEIJING — China’s truck industry is finding more reasons to buy vehicles with assisted-driving technology. It’s a critical step toward monetization in a nascent
China is ‘absolutely booming’ in this sector, says Standard Chartered
China’s economic recovery story has been a largely disappointing one, but the economic powerhouse is seeing stellar growth in one particular sector, said Standard
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