Politics And The Markets 03/29/26
This is the forum for daily political discussion on Seeking Alpha. A new version is published every market day. Please don’t leave political comments on other articles or posts on the site.
Money & Business
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
Kevin Hassett floats ‘Trump card’ proposal after pushback on credit card interest rate cap
The Trump administration is floating a new proposal aimed at expanding access
Latest
This week’s October inflation data looms large on Washington’s economic radar
U.S. inflation data for October is clearly the economic highlight for markets, economists and policymakers this coming week. That’s because if price pressures continue
Down payments on homes are getting bigger. But there are ways to put down as little as 1%.
As mortgage rates have risen over the course of this year, home buyers have ramped up the amount of money they put down when
Fed Governor Lisa Cook cautions on economic outlook amid rate hike concerns
SAN FRANCISCO – Federal Reserve Governor Lisa Cook addressed the challenges facing the U.S. economy during her speech today at the San Francisco regional
Banks’ Revenue Opportunity From FedNow Instant Payments
OBSERVATIONS FROM THE FINTECH SNARK TANK It’s a funny paradox. The Federal Reserve Bank’s launch of FedNow in July 2023 promised that consumers and
Alibaba Beats But Cloud IPO Pulled
Key News Asian equities were mixed overnight, with Japan, Mainland China, and Hong Kong off while Taiwan, Korea, and India managed small gains. The
How To Allocate And Rebalance A Retirement Portfolio
The hardest part of investing for retirement is budgeting ample contributions. Solve that issue and you jump into the next hardest part: Deciding how
Private student loan interest rates soar for 5- and 10-year loans
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you
Credit card balances grow $48 billion in the third quarter: NY Fed
Americans now owe $1.08 trillion on their credit cards after racking up a collective $48 billion in new spending during the third quarter of
Push to cap loan interest fees at 36% may leave subprime borrowers without credit, trade groups warn
Seven banking sector trade groups warned in a joint letter to lawmakers that efforts to set a nationwide 36% interest rate cap on consumer
Target CEO claims customers are saying ‘a big thank you’ for locking up merchandise
As Target tries to fight theft at its stores, it has left customers frustrated to find many everyday items locked up. Still, the retailer’s
Most Read
