Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume
This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face collection activity, including the garnishment of their wages and retirement benefits.…
Citibank customers report fraud alerts and account access issues
Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital services interruptions, hundreds of Citibank users had flagged…
JPMorgan Chase posts record profit as the bank’s massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history. Here’s what the company reported:…
Target says its holiday sales were better than expected — but its profits weren’t
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts. The big-box retailer now…
Investors Await CPI and Bank Earnings: Will They Spark Investor Optimism?
The December Producer Price Index (PPI) came in cooler than expected, as equities rose in early trading, sold off, and then rebounded. The Dow Jones Industrial Average ($INDU), S&P 500…
How to Find a BUY Signal Using The 1-2-3 Reversal Pattern
In this exclusive StockCharts video, Joe demonstrates how to use the 1-2-3 reversal pattern as a buy signal on the weekly chart. This approach can be used when the monthly…
DOGE caucus roadmap for cutting government waste emerges after closed-door meeting: ‘great synergy’
The Congressional DOGE Caucus’ plans for cutting government waste are shifting into focus after the group’s second-ever closed-door meeting on Wednesday. Caucus leaders are splitting lawmakers into eight working groups…
Top 5 moments from Rubio’s Senate confirmation hearing: ‘I get bilingual protesters’
Florida’s Republican Sen. Marco Rubio sailed through his confirmation hearing with the Senate Foreign Relations Committee on Wednesday, all but assuring he will assume the role of top diplomat under…
‘Lying to the nation’: Trump orbit slams Biden for taking credit for ceasefire deal
President Biden is ending his tenure in the White House on a ‘sad’ note after ‘lying to the nation’ and taking credit for a cease-fire deal between Israel and Hamas…
World leaders, US politicians react to Israel-Hamas cease-fire deal: ‘Long-overdue news’
Leaders in the U.S. and around the world commended the recent Israel-Hamas cease-fire deal on Wednesday. Biden announced the terms of the cease-fire during a news conference Wednesday at the…