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The Consumer Financial Protection Bureau (CFPB) has revealed that it is examining methods to shield people’s rewards, prevent deceptive tactics, and foster a level playing field in the credit card rewards industry. This investigation comes in response to numerous customer complaints concerning the administration of rewards programs, which led the bureau to identify four…
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According to the latest information, the overall Consumer Price Index (CPI) in the US is projected to increase by 0.4% in April, marking the third consecutive monthly rise. However, analysts predict that the core CPI, which excludes food and energy costs, will decrease by 0.3% in April after increasing by 0.4% in each of…
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As the 2017 Republican tax cuts approach their expiration date in 2025, the White House and Congress are preparing for a significant battle regarding tax policy. On Friday, Lael Brainard, Director of the White House National Economic Council, outlined the Biden administration’s principles for the upcoming fight. According to a report by the Congressional…
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Qualcomm’s automotive revenue has been consistently increasing, with $603 million reported in the second quarter of fiscal 2024, representing a 35% year-over-year growth. In contrast, Nvidia’s revenue from the automotive segment in fiscal 2024 was $1.1 billion, an increase of 21% compared to the previous year. However, Nvidia’s automotive revenue decreased by 4% in…
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In a recent interview with “Fox & Friends First”, a group of New Jersey voters discussed the key issues that will influence their vote in the upcoming elections. These voters expressed confidence that former President Donald Trump has a strong chance of flipping the traditionally blue state red in November. They cited the state’s…
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Based on the latest information provided, it appears that the Biden administration is planning to increase tariffs on electric vehicles (EVs) imported from China as part of a review initiated in 2022. The new tariffs, which could quadruple the current 25% duty, are expected to be announced as early as next week. This decision…
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The Consumer Financial Protection Bureau (CFPB) has revealed that it is currently probing “bait and switch” tactics employed by credit card reward and travel program providers. This investigation was announced by federal officials on Thursday following an assessment of over 300 complaints relating to the administration of these schemes. The CFPB found four major…
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According to a recent assessment by a senior American official, both Hamas and Al-Senwar would benefit from a prolonged and extensive conflict in Rafah, as reported by The Washington Post. This revelation comes amidst warnings from President Joe Biden that limiting or halting US defensive military assistance to Israel may ensue if the latter…
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As school districts prepare for the end of a significant federal stimulus package aimed at mitigating the effects of COVID-19 on education, there are increasing concerns over potential layoffs of teachers and staff. Many districts have announced cuts due to the end of the funding, which must be spent by the end of September.…
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The New York Times editorial board has criticised American university leaders for failing to enforce rules during recent anti-Israel protests, leaving Jewish students and protesters feeling harassed and directly endangered. The board claimed that some Jewish students have experienced systematic harassment, while protesters have also been in danger due to the involvement of both…