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
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Rep. George Santos former campaign fundraiser Samuel Miele pleads guilty
A former campaign fundraiser for embattled Rep. George Santos of New York pleaded guilty Tuesday in a federal criminal case. The guilty plea by
The UAW’s deal to end the auto strike could be in trouble
A growing number of rank-and-file autoworkers are voting against the deals with General Motors and Ford, despite pay increases that could come to 30%
How The Federal Reserve Might Read The Goldilocks October 2023 Inflation Report
The U.S. Bureau of Labor Statistics posted a seemingly perfect Consumer Price Index (“CPI”) inflation report that sent the major indices higher. At the
Justice Department charges woman over alleged threats to kill Texas judge in medication abortion case
The Justice Department announced charges Tuesday against a Florida woman who allegedly threatened to kill the federal judge in Texas who issued a major ruling that
Wall Street is bracing for inflation data that includes problematic undertones for the Fed
Just as consumers’ expectations for inflation are moving higher, Wall Street firms are now preparing for the likelihood that Tuesday’s consumer price index for
House Republicans Unveil Government Funding Plan as Shutdown Looms
House Republicans unveiled a stopgap plan for funding the federal government on Saturday, giving Congress just under a week to pass legislation that would
David Cameron’s return brings his role for fallen Greensill back to the fore
The surprise return of former Prime Minister David Cameron as the U.K.’s new foreign secretary brings his work for the fallen Greensill Capital back
Americans don’t expect big drops in inflation rate anytime soon
A day ahead of the October inflation report, consumers think inflation rates will barely continue their slow ebb away from scorching levels. Even with
Palladium’s slide accelerates on prospects for surplus next year
By Brijesh Patel and Ashitha Shivaprasad (Reuters) – Palladium prices have tumbled to five-year lows below $1,000 an ounce this week, hastening a retreat
A Fintech Titan In Community Banker’s Clothing
Already a force to be reckoned with in Silicon Valley, once-and-future billionaire Jackie Reses is out to disrupt financial services with a 95-year-old Missouri
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