Pay Later Lenders Have An Issue with Credit Bureaus
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Campus Protests Over Gaza Open a New Line of Attack for GOP in 2024 Election
With tensions escalating and Republicans pouncing, President Biden finally weighed in and sought to increase the distance between himself and some of the more radical activism on colleges.The New York Times - Top stories -
Credit Agricole to Meet Targets Early
Credit Agricole posted a rise in first-quarter earnings that beat expectations on revenue growth across all its businesses and said it would reach its medium-term targets by the end of this year.The Wall Street Journal - World -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar weakened, with the WSJ Dollar Index down, as April jobs report missed expectations.The Wall Street Journal - World -
Errors on credit reports are an ‘epidemic’ — but nearly 25% of Americans can’t access their credit reports to check for mistakes, consumer advocates say
Credit reports are supposed to be available for free every week, but many consumers can’t get to their data, a Consumer Reports study found.MarketWatch - Business -
Credit cards are the ‘financing of last resort’ for older adults as inflation persists
As inflationary pressures leave older adults with little wiggle room to pay for everyday items and cover emergency costs, credit cards have become the financing method of last resort. As a result, balances have jumped since last year.MarketWatch - Business -
EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.The Wall Street Journal - World -
Medical Debt Shows Up Less Often on Credit Reports
But the Consumer Financial Protection Bureau said 15 million people still had medical bills in their files, which can make it hard to qualify for loans.The New York Times - Business -
Biden administration grants flexibility for automakers in EV tax credit rule
The Biden administration on Friday granted automakers some flexibility on qualifying for electric vehicle tax credits. The new final guidance, issued as part of the 2022 Inflation Reduction Act, incorporates a two-year exemption to provisions of ...The Hill - Politics - Joe Biden -
Manchin blasts leeway in Biden’s EV tax credit rule: ‘Outrageous and illegal’
Centrist Democrat Sen. Joe Manchin (W.Va.) is blasting the Biden administration’s new interpretation of which vehicles can qualify for electric vehicle tax credits — saying it gives too much leeway for batteries containing Chinese materials. “The ...The Hill - Politics - Joe Biden -
Pat Gelsinger was brought in to fix Intel. 3 years later, it still seems like a mess.
Turning around Intel Corp., the second-largest chip maker in the world, is taking a lot longer than many investors were counting on — but they need to be patient because the ongoing strategic changes may yet save the company.MarketWatch - Business -
Pat Beverley throws ball at Pacers fans, later tells reporter to leave his locker-room interview
Milwaukee Bucks guard Pat Beverley indicated a video showing him throwing a ball at a spectator on Thursday was misleading but later added that “I have to be better.”ABC News - Sports -
A Justice Department probe into TD Bank's internal controls focuses on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.
A Justice Department probe into TD Bank’s internal controls focuses on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.The Wall Street Journal - World -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
The No. 1 credit card myth that 'just will not seem to die'—why you shouldn’t fall for it
Believing this myth about credit cards could actually harm your credit score in the long run. Here's why people tend to fall for it anyway.CNBC - Business -
US loosens some EV battery rules, potentially increasing tax credit eligibility
The U.S. government has loosened some rules governing electric vehicle tax credits a bit, potentially making more EVs eligible for credits of up to $7,500ABC News - Top stories -
How much college athlete pay model may cost power schools
The college sports industry is moving closer an athlete compensation system. At this point, it seems inevitable.Yahoo Sports - Sports -
Cramer says he's willing 'to pay up' for Viking, the biggest IPO of the year
CNBC's Jim Cramer on Thursday reviewed the IPO of Viking.CNBC - Business -
Poultry enterprise to pay $4.8M after employing children to work with sharp knives
The owners and operators were ordered to pay $4.8 million in back wages and damages and to give up $1 million in profits.ABC News - Top stories -
Using home equity to pay off your mortgage? Here are the pros and cons
Are you thinking about paying your mortgage off with your home equity? Here are pros and cons to consider first.CBS News - Top stories -
Cost of bankrupt Birmingham’s equal-pay claim likely far lower than £760mn
City councillors say inflated ‘worst-case’ estimate has been used to justify major cuts and asset sales in local authorityFinancial Times - World -
34-year-old pays $4,150/month for a 1-bedroom apartment above a mall in Miami—take a look inside
Rachel Koggan moved from NYC to Miami in 2021 and lives in a 1,200-square-foot apartment above the Brickell City Centre.CNBC - Business -
Same job, $16 less per hour: Frustrated job hunters can’t find roles that pay as well as their old ones
The latest jobs report shows the labor market is still strong, but some workers say they’ve been forced to take jobs that pay almost half what they earned before.MarketWatch - Business -
Vendor that mishandled Pennsylvania virus data to pay $2.7 million in federal whistleblower case
A staffing company that performed COVID-19 contact tracing for Pennsylvania and exposed the private medical information of about 72,000 residents will pay $2.7 million in a settlement with the U.S. Justice Department and a whistleblowerABC News - Health -
TikTok and Universal Music struck a new licensing deal that will return the record label's artists and their songs to the video-sharing app, ending months of disagreements over pay.
TikTok and Universal Music struck a new licensing deal that will return the record label’s artists and their songs to the video-sharing app, ending months of disagreements over pay.The Wall Street Journal - World -
Watch: 'The people of Blackpool South have spoken for Britain'
Labour's candidate Chris Webb wins Blackpool South with a huge swing away from the Conservatives.BBC News - Top stories -
Baker was 'brilliant guy and fantastic cricketer', says ex-coach
Worcestershire have lost "a brilliant guy and a fantastic cricketer" with the passing of Josh Baker, says his former coach Shaftab Khalid.BBC News - Top stories