What the change means for consumers

President Donald Trump has picked Kevin Warsh to succeed Jerome Powell as chair of the Federal Reserve. In keeping with the president’s push for lower interest rates, Warsh is expected to be more supportive of cutting the Fed’s key benchmark rate later this year. “I have known Kevin for a long period of time, and have no doubt…

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Live results: Texas state Senate runoff

Democrats are hoping for an upset Saturday in a special runoff election for a state Senate seat in Texas. Democrat Taylor Rehmat, a local union leader, faces Republican Leigh Wambsgans, a conservative activist in the Fort Worth-area district. Although the district is reliably red, Rehmat performed better than expected… Source link

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Use up your credit card points now, expert says

If enacted, President Donald Trump’s proposal for a temporary 10% cap on credit card interest rates could change many policies for borrowers. Among them: how issuers decide to value credit card points. If you’ve accumulated any significant amount of credit card points, you should probably spend them now — but not because of the potential…

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Waymo reportedly raising a $16 billion funding round

Waymo has New $16 billion funding round almost finalized According to the Financial Times, the robotaxi company would be valued at $110 billion. More than three-quarters of that funding will reportedly come from a source closer to home — Alphabet, where Waymo is a subsidiary. (The company was incubated as part of Alphabet’s “Moonshot Factory”.)…

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