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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EU officials warn Google and YouTube about Hamas-Israel disinformation and graphic content
The European Commission sent a warning letter Friday to Google and its subsidiary YouTube over disinformation and graphic content linked to the Hamas-Israel conflict,
Hexcel: 3 Reasons Why There Is Huge Potential (Rating Upgrade) (NYSE:HXL)
I previously had a Hold rating on Hexcel Corporation (NYSE:HXL), which was primarily driven by the lack of upside in 2023. However, Hexcel is
Supreme Court to consider conservative effort to block federal power and a challenge to ‘qualified immunity’ for police officers
The Supreme Court on Friday added another case to its docket that asks the justices to overturn decades-old precedent to scale back the power
Why Wells Fargo sees potentially ‘good entry points’ in long-term bonds after yield surge
Long-term bonds look appealing to Wells Fargo Investment Institute after they were hurt by a surge in yields. Losses on long-term bonds recently deepened
Opinion: Rivian stock pays the price as timing of debt offering rattles investors — as does EV maker’s cash burn
Rivian Automotive Inc. reminded investors just how costly it is to make its electric vehicles, and how much money they will need to continue
CPI report shows headline inflation for September was hotter than forecast on rising shelter costs
The numbers: U.S. consumer prices climbed 0.4% in September, the Labor Department said Thursday. While the pace is softer than the 0.6% gain in
The ‘Great Resignation’ is over — and more workers are staying at their jobs, despite tight labor market
More workers are holding onto their jobs, even if they don’t necessarily feel optimistic about their employers’ future. The U.S. is expected to add
Wells Fargo lifts interest income forecast as profit exceeds estimates
By Noor Zainab Hussain, Manya Saini and Saeed Azhar (Reuters) -Wells Fargo beat analysts’ third-quarter profit estimates and raised its annual forecast for income
Apple Launches ‘Connected Cards’ Using Open Banking In The UK
The upcoming Apple AAPL iOS 17.1 developer beta shows the first services for the new iPhone Wallet app powered by the U.K.’s Open Banking
The National Team Buys Low
Key News Asian equities had a strong day as Japan, South Korea, and Hong Kong outperformed, while India and Thailand were rare underperformers. We
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