The Powers And Limits Of Taxation And Trade
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify. Do you believe tariffs imposed by President Trump during his
Money & Business
Trump administration agrees to speed up student loan forgiveness under new court deal
In a significant win for student loan borrowers, the Trump administration has
New car down payments hit 4-year low as buyers struggle with affordability challenges
Car shoppers are facing affordability challenges in the market for new vehicles
What the Fed’s first rate cut of the year means for your wallet
The Federal Reserve on Wednesday cut its benchmark interest rate by 25
Gemini co-founders tout ‘golden age of innovation’ amid Trump’s pro-crypto policies
Two major leaders in cryptocurrency are excited about the future of Bitcoin
Klarna shares jump in trading debut
Shares of buy now, pay later company Klarna rose more than 30%
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
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Russia’s economic growth to slow in 2024 as high interest rates linger: Reuters poll By Reuters
By Alexander Marrow (Reuters) – Russia’s economic growth is set to slow in 2024, hampered in particular by double-digit interest rates throughout the year
Student loan handouts having little to no impact on borrowers’ financial struggles: Report
Student loan forgiveness hasn’t helped a swath of borrowers who say they’re still in a tight spot financially, according to a recent Wall Street
Buy now, pay later products to be treated like credit cards, CFPB says
The Consumer Financial Protection Bureau (CFPB) will apply credit card rules to Buy Now, Pay Later (BNPL) products. As a result, BNPL lenders must
US durable goods orders surge in November on aircraft By Reuters
WASHINGTON (Reuters) – Orders for long-lasting U.S. manufactured goods surged in November, boosted by aircraft bookings, but business spending on equipment appeared lackluster amid
SCOTUS denies Biden admin request to allow temporary enforcement of student loan handout
The Supreme Court of the United States (SCOTUS) denied the Biden administration’s request to lift a block on the Saving on a Valuable Education
Most travelers trying to keep frugality in mind when planning summer travel: Experian
Summer travel is heating up with the weather, but consumers are weary about spending too much. Nearly 71% of consumers blame inflation for impacting
China announces rules to reduce spending on video games By Reuters
By Josh Ye HONG KONG (Reuters) -Chinese regulators announced on Friday a wide range of rules aimed at curbing spending and rewards that encourage
Supreme Court blocks President Biden’s SAVE plan again
Despite President Biden’s request to reinstate the SAVE plan the administration created to help student loan borrowers pay less in monthly payments, the Supreme
Judge rejects multibillion Visa, Mastercard settlement in swipe fee case
A federal judge on Tuesday rejected a $30 billion antitrust settlement under which Visa and Mastercard agreed to limit fees they charge merchants that
Canada’s muted economic growth keeps early 2024 rate cut bets alive By Reuters
By Ismail Shakil OTTAWA (Reuters) -The Canadian economy’s soft patch continued for the third straight month in October and a modest growth forecast for
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