SHOCKING: 4 | Mind Blowing Facts

Buy now, pay later services will be considered credit products by the end of the year. Here's how it will work

The federal government will classify buy now, pay later options as credit products, as part of sweeping changes to protect both consumers and the industry. Here's what it means in practice.

ABC News · May 22, 2023

House GOP tries panel collaboration on crypto; Democrats leery - Roll Call

House Agriculture and Financial Services Republicans are collaborating in an effort to agree on a legislative framework for cryptocurrencies.

Roll Call · May 2, 2023

4 Popular Stocks You Need to Sell or Avoid Completely in 2023

Despite the Fed’s best efforts, inflation remains above the comfort zone. Minutes from the Fed’s meeting show that officials are keen on raising interest rates. This could keep the stock market under pressure this year. Therefore, it could be wise for investors to steer clear of Shopify (SHOP), Snap (SNAP),…

StockNews.com · Mar 2, 2023

1 Financial Stock to Sell in February and 1 to Buy

The higher-than-expected CPI and strong jobs data raised the prospect of aggressive interest rate hikes in the upcoming months. This should benefit financial companies as a rising rate environment allows them to generate higher interest income. Given this backdrop, while struggling financial stock SoFi Technologies (SOFI) is best avoided, it…

StockNews.com · Feb 16, 2023

Gavels for top House committees don’t always come cheap

Winning control of the most sought-after committees in the House can come with a hefty price tag — in party dues.

Tribune News Service · Feb 10, 2023

Gavels for top House committees don’t always come cheap - Roll Call

A study by a campaign finance advocacy group criticized big donations that leaders of top committees paid as “party dues.”

Roll Call · Feb 9, 2023

Rep. Quigley shocker: Democratic leader Jeffries knocks him off Intel panel

A spokesperson for House Democratic Leader Hakeem Jeffries said Jeffries “made clear” to Quigley that term limits prevented him from staying on the panel.

Chicago Sun-Times · Feb 3, 2023

Congressional Republicans have Gary Gensler in their crosshairs

Rep. Hill on his new digital assets subcommittee.

Fortune · Jan 25, 2023

Does Block Stock Deserve a Spot in Your Portfolio in 2023?

With persistent macroeconomic uncertainties surrounding interest rate hikes, let’s examine whether Block (SQ) has what it takes to deliver sustainable returns this year. Read on….

StockNews.com · Jan 6, 2023

Is SOFI a Penny Stock You Should Want to Buy?

Financial services company SoFi Technologies (SOFI) recorded impressive growth across its business segments. However, the company’s losses widened, and analysts seem bearish about its earnings growth prospects due to its bleak fundamentals and the potential recessionary pressures. Thus, is it wise to buy this under $5 fintech stock? Read more…

StockNews.com · Jan 4, 2023