Politics And The Markets 04/14/26
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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
IMF Raises China’s GDP Forecast As Mainland Investors Buy HK Dip
Key News Asian equities were mostly lower as South Korea underperformed after their short sale ban yesterday, while Taiwan and the Philippines managed small
AI And Investing
Neither Google GOOG , nor Microsoft MSFT , Amazon AMZN , or Tesla TSLA – none of them beat the S&P 500 each of
Credit card debt hits a new record while delinquencies also rise
Americans are increasingly turning to their credit cards to cover everyday expenses, with debt hitting a new record high at the end of September,
Climate change is impacting the home insurance industry and damaging the housing market
When Michael Monaghan, a real estate agent with Coldwell Banker Sellers Realty in northern California, got an offer for a home in Bayside at
Mister Car Wash Is Still Not Shining (NYSE:MCW)
Investment Thesis Mister Car Wash (NYSE:MCW) has been unable to sustain profitability and warrants a sell for investors. The company reached its highest level
Texas defendant challenging federal gun law at the Supreme Court says he doesn’t want firearms anymore
Zackey Rahimi, the Texas criminal defendant challenging a federal gun law before the Supreme Court on Tuesday, said this summer that he no longer
Datadog, D.R. Horton, Sanmina, Alteryx, Planet Fitness, and More Stock Market Movers
Stocks headed higher Tuesday, adding to six-straight days of gains for the S&P 500 and seven for the Nasdaq Composite, the tech-heavy index’s longest
Most large cryptocurrencies rise on Ripple, Uniswap increases
Most large cryptocurrencies were up during morning trading on Monday, with Ripple XRPUSD, -7.74% seeing the biggest move, rising 9.07% to 71 cents. Seven
Fed’s Goolsbee: Slowdown in job growth in October was welcome, as it brought labor market into better balance
The slowdown in job creation in October was welcome news because it brought the labor market into “a more balanced” and sustainable growth, said
China’s clashing priorities behind rare money market distress
SHANGHAI/SINGAPORE (Reuters) -China’s attempts to keep the yuan from falling contributed to last week’s chaos in money markets, sources involved say, pointing to the
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