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
IMF Raises China’s GDP Forecast As Mainland Investors Buy HK Dip
Key News Asian equities were mostly lower as South Korea underperformed after their short sale ban yesterday, while Taiwan and the Philippines managed small
AI And Investing
Neither Google GOOG , nor Microsoft MSFT , Amazon AMZN , or Tesla TSLA – none of them beat the S&P 500 each of
Credit card debt hits a new record while delinquencies also rise
Americans are increasingly turning to their credit cards to cover everyday expenses, with debt hitting a new record high at the end of September,
Climate change is impacting the home insurance industry and damaging the housing market
When Michael Monaghan, a real estate agent with Coldwell Banker Sellers Realty in northern California, got an offer for a home in Bayside at
Mister Car Wash Is Still Not Shining (NYSE:MCW)
Investment Thesis Mister Car Wash (NYSE:MCW) has been unable to sustain profitability and warrants a sell for investors. The company reached its highest level
Texas defendant challenging federal gun law at the Supreme Court says he doesn’t want firearms anymore
Zackey Rahimi, the Texas criminal defendant challenging a federal gun law before the Supreme Court on Tuesday, said this summer that he no longer
Datadog, D.R. Horton, Sanmina, Alteryx, Planet Fitness, and More Stock Market Movers
Stocks headed higher Tuesday, adding to six-straight days of gains for the S&P 500 and seven for the Nasdaq Composite, the tech-heavy index’s longest
Most large cryptocurrencies rise on Ripple, Uniswap increases
Most large cryptocurrencies were up during morning trading on Monday, with Ripple XRPUSD, -7.74% seeing the biggest move, rising 9.07% to 71 cents. Seven
Fed’s Goolsbee: Slowdown in job growth in October was welcome, as it brought labor market into better balance
The slowdown in job creation in October was welcome news because it brought the labor market into “a more balanced” and sustainable growth, said
China’s clashing priorities behind rare money market distress
SHANGHAI/SINGAPORE (Reuters) -China’s attempts to keep the yuan from falling contributed to last week’s chaos in money markets, sources involved say, pointing to the
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