What Moved Markets This Week
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Money & Business
Think tank president urges Gen Z to consider trades over college in tough job market
Terry Schilling, president of the American Principles Project, is encouraging Gen Zers
‘Buy now, pay later’ services are dangerous trap for young Americans, financial expert warns
“Buy now, pay later” plans are rapidly growing in popularity among young
Young Americans drowning in credit card debt as delinquency rates climb near 10% in Q2
Young Americans continued to make up the largest share of those transitioning
Student loan delinquency rates highest in 21 years as COVID moratorium fades away
The Federal Reserve Bank of New York on Tuesday reported a significant
460K student loan borrowers denied SAVE plan, face higher repayments: report
Nearly half a million federal student loan borrowers will be denied access
Trump admin resuming interest charges for nearly 8M student loan borrowers after Biden’s limbo
U.S. Secretary of Education Linda McMahon explained why the Trump administration will
American Express set to unveil game-changing update to its elite Platinum cards
American Express has significant updates in the pipeline for its Platinum credit
Student loan delinquencies tank credit scores for millions of borrowers: How to recover
A 100-point drop in a credit score can be “absolutely catastrophic.” It
Latest
Trump attorney Sidney Powell pleads guilty in Georgia election subversion case
Former Donald Trump attorney Sidney Powell has pleaded guilty in the Georgia election subversion case, one day before her trial was set to start.
Costco taps 40-year veteran Ron Vachris as new CEO
Membership-warehouse retail chain Costco Wholesale Corp. on Wednesday said Craig Jelinek will step down as chief executive on Jan. 1, with a 40-year veteran
U.S. October home builder confidence drops to lowest level since January
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence index fell 4 points to 40 in October, the U.S. trade group said
Citibank analyst fired after lying about extra coffee and doubled-up sandwich and pasta orders
As most children grow up learning, it’s not necessarily the size of the transgression that does you in. It’s being found out, digging in,
Explainer-Biden combines billions in chipmaking grants with China curbs to keep US ahead
By Alexandra Alper WASHINGTON (Reuters) – The Biden administration’s latest round of export curbs on China is part of a two-pronged strategy aiming to
Fed Expected To Hold Rates Steady At November Meeting
Markets firmly expect the Federal Reserve to hold interest rates steady at their next meeting on November 1. This is in line with recent
4 Steps To 49% Returns By Late 2024
Last week in this column, I said it was time to buy. Today, we’ll clarify that timeline. Buy and hold forever? Nah. Not now.
U.S. weekly jobless claims total 198,000, fewer than expected
Initial filings for unemployment benefits dipped last week, indicating that the U.S. labor market remains tight and a potential factor in persistent inflation. Weekly
Stocks making the biggest moves premarket: Tesla, Netflix, Peloton and more
Check out the companies making headlines before the bell. Tesla — Shares of the electric vehicle manufacturer dropped more than 7% after it reported
How billion-dollar fines are reshaping digital communications in banking
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can
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