Alpha Picks Weekly Market Recap
This article was written by Follow Steven Cress is VP of Quantitative Strategy and Market Data at Seeking Alpha. Steve is also the creator of the platform’s quantitative stock rating system and
Money & Business
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
Travel experts break down the top credit cards to maximize summer vacation savings
The busy summer travel season will soon get underway at a time
Student loan delinquencies surge, sending credit scores plunging for borrowers
A new report from the New York Federal Reserve found that while
Products such as Credit Karma and NerdWallet benefit consumers, do not harm them: report
As technology has advanced, various tools have been created to help people
Student loan borrowers in default begin facing debt collections
Millions of student loan borrowers in default will start receiving notices on
Latest
Intel Discloses Arm Holdings Stake of 1.2 Million Shares
Intel disclosed that it bought more than a million Arm Holdings American depositary receipts in that company’s September initial public offering. Intel (ticker: INTC)—among
Upstart’s stock plunges as analysts see more pain ahead
An earlier version of this story misstated where Upstart’s stock plunge ranks among recent declines. It has been corrected. Upstart Holdings Inc. continues to
Businesses take stock of the U.S. economy and see reason to be cautious
The level of inventories, or unsold goods, that U.S. wholesalers are keeping on hand fell in September to a 13-month low amid uncertainty about
A third of home buyers are paying all cash as mortgage rates stay high, Redfin says
An increasing share of home buyers are paying all cash as mortgage rates remain elevated, and that is deepening housing inequality, according to a
State Bank of India revises strategy to boost current account deposits
The State Bank of India (SBI) is recalibrating its strategy to increase its current account deposits, in response to the Centre’s “just-in-time” (JIT) funding
CFPB’s Proposed Open Banking Rule Will Require Mind Shift For Banks
The Consumer Financial Protection Bureau in late October released its long-anticipated proposed open banking rule as part of the implementation of section 1033 of
Real Estate Rises, Did The CSRC Front Run The PCAOB On Audit Reviews?
Key News Asian equities were mixed overnight on light news. Hong Kong and Mainland China eased off morning gains in the afternoon. Real estate
Massive surge in the buying of Israel Bonds from the United States
The Development Corporation for Israel has raised $1 billion from bond sales in the United States since the Oct. 7 attack by Hamas that
Gambino family Mafia crackdown: 16 arrests by New York feds and Italian authorities
Federal prosecutors in New York on Wednesday announced the arrests of 10 men allegedly belonging to or associated with the Gambino Mafia family, as
IAM Healthcare launches campaign to unionize retail pharmacy workers
Retail pharmacy workers have told CNN that their employers have left them severely overworked and understaffed. These harsh working conditions, they say, make it
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