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
Why Treasurys could give the U.S. stock market a green light for a year-end rally
The volatility in the world’s biggest bond market in recent weeks has been too much for U.S. stocks to handle as investors come to
Here’s where ETF investors could turn to hide as Treasurys sell-off upends U.S. stocks
Hello! This is MarketWatch reporter Isabel Wang bringing you this week’s ETF Wrap. In this week’s edition, we look at how ETF investors can
Kevin McCarthy ousted as House speaker: Here’s who could replace him
Kevin McCarthy has been ousted as speaker of the House of Representatives, and he said Tuesday night that he won’t try to reclaim his
World Bank’s Banga eyes longer, cheaper loans as mission expands to climate
By David Lawder MARRAKECH, Morocco (Reuters) – World Bank president Ajay Banga on Friday laid out ambitious plans to widen the development lender’s mission
Social Security cost-of-living adjustment will be 3.2% in 2024, well below this year’s record-setting increase
Social Security beneficiaries will see a 3.2% boost to their benefits in 2024, the Social Security Administration announced on Thursday. The annual cost-of-living adjustment
AMC CEO says he was the victim of an extortion plot
Adam Aron, the CEO of AMC Entertainment, admitted Thursday that he was a “victim of an elaborate criminal extortion” plot. He made the announcement
Latest Memo From Howard Marks: Further Thoughts On Sea Change
In May, I wrote a follow-up memo to Sea Change (December 2022) that was shared exclusively with Oaktree clients. In Further Thoughts on Sea
Federal judge addresses web of connections in Trump legal world at hearing in classified documents case
One of Donald Trump’s co-defendants in the classified documents case told a federal judge Thursday that he’s not concerned his defense lawyer previously represented
Hedge-fund billionaire Leon Cooperman doesn’t see S&P 500 above 4,600. Here’s what he’s investing in.
““I would be very surprised we went above 4,600 anytime this year, and I’m not interested in the S&P. I’m interested in individual stocks.””
Investors shun high-yield debt ETFs despite gains as broader bond market stumbles
Hello! This week’s ETF Wrap digs into junk bond performance and flows. Please send feedback and tips to [email protected] or [email protected]. You can also
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