Generic Drugs May Not Face Tariffs
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify. Good morning! Here are the latest trending news: Path to
Money & Business
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
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
Latest
Wells Fargo Warns of Severance Costs Up to $1 Billion as Banks Tackle Efficiency
Efficiency appears to be the motto for big banks as they wrap up 2023. It has been a challenging year for the sector as
Want to Make Your 401(k) More Like a Pension? Buy an Annuity.
Over the past 40 years, 401(k)s have supplanted pensions. Now some asset managers are trying to make these retirement savings plans act more like
Inflation in the U.S. tamped down by falling cost of imports
The numbers: The cost of imported goods fell 0.8% in October and reversed some of the increase in the prior two months as oil prices
One economist’s theory on why consumers are still so grumpy: They’re stuck in the past.
U.S. consumers can’t seem to shake the feeling that their dollars don’t go as far as they used to. Wages are outpacing inflation. The
RBI raises risk weights on consumer credit, making loans more expensive
MUMBAI – The Reserve Bank of India (RBI) has announced an increase in risk weights for consumer credit, including personal loans and credit card
Here’s how high interest rates can help build your savings
Middle-income Americans could be missing out on a chance to offset high inflation and rising costs by earning more on savings in the current
Stocks making the biggest moves midday: Paramount, Lululemon, RH, HashiCorp and more
Check out the companies making headlines in midday trading. Carrier Global — Shares jumped 4.6% after Carrier agreed to sell its Global Access Solutions
The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing
November’s solid jobs report did not assure that the economy will come in for a soft landing, but it did help to clear the
David Rubenstein is in talks to buy MLB’s Baltimore Orioles
Billionaire investor David Rubenstein is in discussions to potentially acquire Major League Baseball’s Baltimore Orioles, a person familiar with the matter told CNN. Rubenstein,
Mister Car Wash: Strong Performance, Potential For Growth (NYSE:MCW)
Investment action I recommended a buy rating for Mister Car Wash’s (NYSE:MCW) when I wrote about it the last time, as the business continued
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