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
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
Federal court terminates Biden-era student loan plan affecting millions nationwide
A federal appeals court on Monday officially finalized the termination of the
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
Google employees typically work more than eight hours a day: Internal memo
When a Google employee asked the company if he could organize his work schedule to work fewer hours on more days, a human resources
Microsoft briefly restricted employee access to OpenAI’s ChatGPT, citing security concerns
Microsoft has invested billions of dollars in OpenAI. But for a brief time on Thursday, employees of the software company weren’t allowed to use
News outlets deny prior knowledge of Hamas attack after Israeli government demands answers over misleading report
Four news organizations strongly denied on Thursday having had prior knowledge of Hamas’ Oct. 7 terror attack, after the Israeli government demanded answers from
Charles River: Q3 Points To Ongoing Deterioration (NYSE:CRL)
Shares of Charles River Laboratories (NYSE:CRL) have had a difficult year, losing about 21% of their value, and those losses continued on Tuesday as
Mike Johnson, a man of ‘modest means,’ takes point on trillions in federal government spending
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. While the
Dow sheds 220 points, S&P 500 snaps win streak after Fed’s Powell says higher rates may be needed
U.S. stocks closed near the session’s low Thursday, after a poor Treasury debt auction and after Federal Reserve Chair Jerome Powell warned higher interest
Oil prices post back-to-back losses, settle at lowest since mid-July
Oil futures declined Wednesday, tallying back-to-back session losses with prices settling at their lowest since mid-July on worries over the outlook for demand and
Veterans Day 2023: Are banks closed on Friday? Does mail run?
There are plenty of closures to be aware of this Veterans Day. But when is the holiday being observed, exactly? It’s a question spurring
Standard deductions for 2024 taxes will jump 5.4% due to inflation, IRS numbers show
The standard deduction is a major way most Americans reduce their taxable income each year — and with inflation’s burn, the deduction’s amount will
BofA CEO Moynihan says US economy headed for soft landing
By Lananh Nguyen, Saeed Azhar and Niket Nishant NEW YORK (Reuters) -Bank of America CEO Brian Moynihan said on Wednesday he expects a soft
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