BUSINESS

S&P and Nasdaq Slump as Stocks Fall on Trump China Tariff Threat

The S&P 500 slumped more than 2 percent for the first time in six months, rattling investors after a long stretch of gains.The S&P 500 slumped more than 2 percent for the first time in six months, rattling investors after a long stretch of gains. Stocks and Bonds, Trump, Donald J, Customs (Tariff), China Read More

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Student Loan Cancellation Is Restarting for Some Federal Borrowers

After a halt for most of the year, borrowers enrolled in one income-driven repayment plan may begin to receive loan discharges within weeks.After a halt for most of the year, borrowers enrolled in one income-driven repayment plan may begin to receive loan discharges within weeks. Personal Finances, Student Loans, Education Department (US), Trump, Donald J Read More

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Parisians Protest Shein’s First Physical Store

As the Chinese online fast-fashion retailer prepares to open a physical space in a venerable department store, France pushes to stem the company’s presence in the country.As the Chinese online fast-fashion retailer prepares to open a physical space in a venerable department store, France pushes to stem the company’s presence in the country. Shopping and Retail,

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Entrepreneurs Press Magazine

Billions of Dollars ‘Vanished’: Low-Profile Bankruptcy Rings Alarms on Wall Street

The unraveling of First Brands, a midsize auto-parts maker, is exposing hidden losses at international banks and “private credit” lenders.The unraveling of First Brands, a midsize auto-parts maker, is exposing hidden losses at international banks and “private credit” lenders. Credit and Debt, Bankruptcies, Banking and Financial Institutions, Private Equity, Company Reports, BlackRock Inc, Jefferies Group Inc Read

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Trump Threatens to Impose New Tariffs on China and Cancel Meeting With Xi

The president raised economic retaliation after Beijing imposed new restrictions on the export of rare earth minerals, which are vital supplies for U.S. chipmakers and battery manufacturers.The president raised economic retaliation after Beijing imposed new restrictions on the export of rare earth minerals, which are vital supplies for U.S. chipmakers and battery manufacturers. United States Politics

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White House Signals Federal Layoffs Have Begun Amid Government Shutdown

The head of the White House budget office said on Friday that reductions in force had started.The head of the White House budget office said on Friday that reductions in force had started. Layoffs and Job Reductions, Government Employees, Shutdowns (Institutional), United States Politics and Government, Trump, Donald J, Vought, Russell T Read More

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Entrepreneurs Press Magazine

Nasty News? Forget About It. The Markets Say All Is Well.

The third quarter was fabulous for investors, and market signals are upbeat. It’s as though all were calm in the world.The third quarter was fabulous for investors, and market signals are upbeat. It’s as though all were calm in the world. Standard & Poor’s 500-Stock Index, Stocks and Bonds, Exchange Traded Funds, Asset Allocation (Personal Finances),

Nasty News? Forget About It. The Markets Say All Is Well. Read More »

The Fiscal Gambit at the Center of the Shutdown

It is a well-worn strategy to temporarily create a government benefit and hope that its eventual expiration will create a standoff like the shutdown fight.It is a well-worn strategy to temporarily create a government benefit and hope that its eventual expiration will create a standoff like the shutdown fight. Federal Budget (US), Shutdowns (Institutional), Tax Cuts

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Entrepreneurs Press Magazine

Fintech Start-Ups and Investment Firms Are Battling Over Your 401(k)

Financial tech companies are connecting outside financial advisers to your retirement accounts, and at least one investment firm, Fidelity, is resisting.Financial tech companies are connecting outside financial advisers to your retirement accounts, and at least one investment firm, Fidelity, is resisting. Pensions and Retirement Plans, Asset Allocation (Personal Finances), 401(k), 403(b) and 457 Plans, Financial Planners,

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