Politics And The Markets 04/15/26
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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
GlobalFoundries Stock Rises After the Chip Maker Reports Better-Than-Expected Earnings
GlobalFoundries stock was rising early Tuesday after the contract chip manufacturer beat expectations for its third-quarter earnings. GlobalFoundries (ticker: GFS) produces components for a range
Nature magazine retracts controversial paper on room-temperature superconductor
Nature magazine has retracted a paper that claimed the discovery of a superconductor capable of operating at room temperature and relatively low pressure, after
Unifor members ratify new contract with Stellantis in Canada
(Reuters) -Canadian labor union Unifor said on Monday its members voted in favor of a new contract with Chrysler-parent Stellantis (NYSE:). Unifor reached a
How B2B Fintech Unlocks Capital
Fintech funding for the first three quarters of 2023 dropped to $29 billion, compared to a record high of $54 billion during the same
How To Plan For The Financial Aspects Of Having Kids In Urban Areas
Have you ever walked through a city like New York and wondered how on earth people are able to afford to have kids there?
After Robust GDP Print, Is economy Running To Stand Still?
Third-quarter U.S. GDP grew an astounding 4.9% year over year, well ahead of consensus expectations of 4.5%. This was the fifth strongest quarter of
Fed rate pause offers little relief to Americans buried in credit card debt
Even though the Federal Reserve put a break on interest rate hikes in September, inflation remains stubbornly high and it may offer close to
Budgeting app Mint is shutting down, to the disappointment of loyal users: ‘This is the peril of relying on free services’
Raj Giri was “blown away” to learn that his favorite budgeting app, Mint, will be discontinued in 2024, which was announced last week. “I
We’re downgrading Emerson Electric on inconsistent execution and weak results
Industrial technology company Emerson Electric ‘s (EMR) disappointing quarterly results Wednesday highlighted management’s inability to execute on a consistent basis, forcing us to downgrade our
More than 20 members of Congress send letter to UPenn over alleged failure to address antisemitism on campus
More than two dozen Republican members of Congress sent a letter to University of Pennsylvania President Liz Magill condemning the school’s “shocking lack of
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