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
Fed Meeting, Jobs Report, Apple Earnings, and More
A Federal Reserve meeting, the latest U.S. jobs data, and another packed stretch of third-quarter earnings season will keep investors busy this week. Around 150 S&P
Gold is officially outperforming stocks in 2023 as October rally continues
It’s official: gold is officially outperforming the S&P 500 stock index in 2023 due to an October rally that has brought the price of
Column-US ‘term premium’ shock may need T-bill surprise: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – The U.S. Treasury may need to keep things short for the sake of the long end. Treasury’s
Russell 2000 Small Caps Trading Below Book And Paying Dividends
For the value investor, here are a few small caps of the Russell 2000 index, now trading below book value and paying dividends. The
Jack Smith says Trump is ‘threatening’ witness, asks judge in DC case to reimpose gag order
Special counsel Jack Smith asked a federal judge to reimpose a gag order on former President Donald Trump in his election interference case in
Messaging app Telegram restricts access to some Hamas-run channels
The messaging app Telegram has restricted access to several channels closely associated with or operated by Hamas, as the militant group’s war with Israel rages on.
New York Community Bancorp: Earnings Drop Improves Risk-Reward (NYSE:NYCB)
You can only make decisions on valuation for the long haul. It seldom works out in the short run. The same was the case
Johnson vows to move $14.5 billion Israel aid package, setting up showdown with Senate
House Speaker Mike Johnson vowed on Sunday to move forward with a $14.5 billion aid package for Israel when the House returns later this
China’s Economy Shows Signs of Stabilizing—and a Slower Recovery
China’s economy is showing signs of stabilizing but the improvements are decelerating. That could leave it in an L-shaped recovery—where the economy doesn’t see
Air China Swings to Profit as Postpandemic Travel Booms
By P.R. Venkat Air China swung to profit in the first nine months of the year as business and leisure travel picked up significantly
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