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
Billionaire CEO: People ‘didn’t work as hard’ when they were remote during Covid
Private-equity billionaire Stephen Schwarzman doesn’t think office workers worked hard enough during Covid-19. Schwarzman, the Blackstone CEO whose fortune is estimated at $32 billion, told
Vale Q3 Earnings: Buy While It’s Cheap
As I have expressed in my recent article on the Brazilian mining giant Vale (NYSE:VALE), my investment thesis for the company is primarily centered
Judge reinstates gag order on Trump in federal election subversion case
The federal judge overseeing Donald Trump’s federal election subversion criminal case has reinstated the gag order she issued on the former president earlier this
Takeda Pharmaceutical Shares Slump After It Books 2Q Loss, Cuts Profit Guidance
By Kosaku Narioka Takeda Pharmaceutical shares fell sharply after it reported a second-quarter net loss due to impairments on certain products and cut its
Qualcomm Partners With Indian Entities For Snapdragon X Elite Chip and 6G Network Development
In an ambitious move, Qualcomm (NASDAQ:) is partnering with several Indian entities including the government, Tata Group, Reliance Jio, and Bharti Airtel to focus
Chinese consumer stocks that analysts like for their global potential
In a dismal year for most Chinese stocks, a few consumer names with growing international revenue have outperformed the market — and are forecast
Some pharmacy staff from Walgreens, other chains are walking out again — here’s what you need to know
Some pharmacy staff from Walgreens and other drugstore chains are planning to walk out next week in the latest pushback against what they call
Ford earnings rise despite UAW strike hit
Ford earnings increased in the third quarter, the company reported Thursday, the day after it reached a tentative deal to end a nearly six-week
Altria: $35 Is Next, As Discount Segment Gets Obliterated (NYSE:MO)
“If all Altria shareholders quit smoking, the company cuts its dividend and we are right back to square one on our finances.” A little
Democratic divisions over Israel spill into public view as conflict escalates
The debate over Israel’s conduct in its war against Hamas is exposing deep tensions in the House Democratic Caucus as Rep. Andre Carson called
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