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
Latest
Oil prices drop to lowest since August as China data spotlights demand prospects
Oil futures declined Tuesday, touching their lowest intraday levels since late August, with the U.S. benchmark trading below the $80-a-barrel threshold, after mixed China
Uber logs profit beat, but its stock turns lower after earnings
Uber Technologies Inc. shares were heading lower in choppy premarket trading Tuesday after the ride-hailing company posted a mixed earnings report. The company reported
It’s Election Day, but don’t expect significant turnout for these off-year local contests
It’s Election Day in the U.S. But given that it’s an off year — meaning we’re not voting for the president or for members
Could Congress really ‘kill’ credit-card rewards? Here’s why airlines are up in arms.
That’s the warning issued by critics of proposed legislation designed to encourage competition among credit-card networks and make it cheaper for retailers to process
Kashkari: Fed has more work to do to control inflation
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday that the U.S. central bank
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
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