In a recent Senate hearing, Jonathan McKernan, President Trump’s nominee to head the Consumer Financial Protection Bureau (CFPB), faced tough questions from Democratic senators concerning his commitment to enforce consumer protection laws. With a background that includes service on the board of the Federal Deposit Insurance Corporation (FDIC), McKernan’s legal expertise was put under the
Real Estate
Recent developments in U.S. trade policy have sparked significant anxiety among consumers. As President Trump’s new tariffs on imports from Canada and Mexico come into play, Americans grapple with the fear that prices for everyday goods will surge. This trepidation permeates various aspects of consumer behavior, pushing many individuals into what is being termed “doom
In a notable shift echoing broader societal and political currents, Paramount Global has recently announced sweeping changes to its diversity, equity, and inclusion (DEI) policies. A memo circulating among employees revealed that the media giant will cease many of its DEI initiatives, aligning itself with the directives set forth by former President Donald Trump’s executive
The housing market experienced a severe downturn in January, primarily due to the dual impact of soaring mortgage rates and high home prices. Pending sales, a key indicator of future transactions that reflect signed contracts for existing homes, plummeted by 4.6% from December—a decline that marks the lowest since the National Association of Realtors (NAR)
The recent announcement of a proposed $5 million “gold card” by former President Donald Trump has ignited a robust debate surrounding immigration policy, wealth concentration, and tax law in the United States. The gold card aims to attract the global elite seeking permanent residency and a pathway to citizenship in exchange for a substantial financial
Snowflake Inc. has recently captured significant investor attention with a remarkable surge in its stock prices, which soared over 8% following its robust fourth-quarter financial results. The data analytics software firm triumphantly reported adjusted earnings of 30 cents per share on an impressive revenue of $987 million. This outcome not only exceeded market expectations—which hovered
The exchange-traded fund (ETF) market has recently witnessed the launch of the SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV), set to begin trading on the New York Stock Exchange (NYSE). This new fund marks a significant step forward in blending public and private credit investments, an act that has sparked considerable debate
The landscape of home energy efficiency rebate programs in the United States is currently marred by political turmoil. Originally designed to ease the financial burden on consumers seeking to enhance their home energy efficiency, these rebate programs have experienced significant disruptions due to policy uncertainties linked to the previous administration. The Inflation Reduction Act of