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‘I'll stick up for you': key moments from the cordial Trump-Mamdani meeting The Guardian4 takeaways from the bizarrely chummy Trump-Mamdani meeting CNN‘Fascist'? ‘Communist'? For an Afternoon, They Were Just 2 Guys From Queens. The New York TimesQueens men meet Queens Daily EagleTrump and Zohran Mamdani find common ground: From the Politics Desk NBC News
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Stock Market Today: Dow Rises; Global Chip Stocks Drop; Bitcoin Falls Further — Live Markets The Wall Street JournalWhat on Earth just happened to the stock market? CNNWall Street edges higher as stocks rebound from the prior day's volatile downturn MSNStock market today: Dow, S&P 500, Nasdaq futures rise, bitcoin sinks as roller-coaster week nears end Yahoo Finance
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Stock Market Tumbles On Nvidia, Bitcoin; Walmart, Google Strong: Weekly Review Investor's Business DailyMore swings hit Wall Street, but this time stocks finish higher AP NewsStock market today: Dow, S&P 500, Nasdaq wipe out gains in sharp reversal lower as Nvidia slides Yahoo FinanceCNBC Daily Open: From AI enthusiasm to bubble worries in one day CNBC
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European asset manager Arrow Global Group has soared past its target for its debut real estate lending fund to reach a €1.5bn final close.
The post Arrow Global soars past €1bn RE lending fund target to reach €1.5bn final close appeared first on AltAssets Private Equity News.
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Nvidia Seesaws As AI Stock Trade Stumbles Investor's Business DailyNvidia stock wavers after Q3 earnings, forecasts top estimates with sales for AI chips 'off the charts' Yahoo FinanceAI mania is making Nvidia a lot of money TechCrunchNvidia's reversal stuns the tech world. What the charts say happens next with the stock CNBC
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Texas asks Supreme Court to reinstate congressional map that could give GOP 5 more seats PoliticoTexas Asks Supreme Court to Clear Way for Republican-Friendly Congressional Map The New York TimesTexas thrusts Supreme Court into Trump's midterm redistricting fight CNNSupreme Court justice pauses order blocking Texas map favoring GOP The Washington Post
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Zelensky warns Ukraine risks losing US support over White House peace plan BBC‘Witkoff needs a psychiatrist': Europeans fume at Trump's plan to profit from frozen Russian assets politico.eu‘The Ukrainians will have to accept': Why Trump officials think now is their best chance for a deal PoliticoLatest Push for Peace Is Zelensky's Toughest Moment Since Start of War The Wall Street Journal
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Federal judge rebukes administration's use of force during 'Operation Midway Blitz' ABC NewsAppeals court blocks release of hundreds of migrants arrested in Illinois just a day before they could have left detention CNNICE in Chicago: Federal judge's report shares details on use of force during Operation Midway Blitz ABC7 Chicago
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4 questions — and answers — about the Epstein files release PoliticoCongress isn't done with Epstein — but Trump's thumb is firmly on the scale The IndependentTrump says he's signed bill to release Epstein files CBS NewsPolitics The EconomistOpinion | The Epstein files will come out. No one is looking good.
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Zelenskyy says Ukraine has impossible choice as Trump pushes plan to end war The GuardianUkraine faces losing dignity or US support with Trump's plan to end war, Zelensky says CNN‘The Ukrainians will have to accept': Why Trump officials think now is their best chance for a deal PoliticoEuropean Leaders Back Zelensky After Trump's Russia-Ukraine Peace Plan Excludes Them The New York TimesTrump Peace Plan Demands Major Concessions From U
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Rumer Willis shares emotional update on dad Bruce Willis amid dementia battle: 'I still see a spark of him' Entertainment WeeklyBruce Willis' Daughter Rumer Willis Shares Heartbreaking Update Amid His Dementia Battle E! NewsEmma Heming Willis says husband Bruce Willis 'on stable ground' USA TodayRumer Willis Shares Why It's Hard to Say How Her Father Bruce Willis Is Doing amid His Dementia Diagnosis People.com
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Today's biggest science news: CDC in turmoil | Moss survives space | Comet 3I/ATLAS images Live Science
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'We agree on a lot more than I would have thought,' Trump says after 'great meeting' with Mamdani BBCTrump praises NYC Mayor-elect Mamdani after White House meeting, shrugs off being called 'fascist' CNBCMamdani's meeting with Trump comes with a power disadvantage PoliticoTrump-Mamdani live updates as incoming NYC mayor and president meet at White House CBS News
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House Democratic super PAC drops $1 million on Tennessee special election PoliticoThe Tennessee Upstart That Suddenly Has Trump World Quaking Mother JonesTennessee House Race Rivets Democrats and Worries Republicans The New York TimesMillions pour into Tennessee special election ahead of December vote NBC News
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Lilly becomes first drugmaker to hit $1 trillion valuation on weight-loss demand ReutersEli Lilly joins the $1 trillion club AxiosThe $1 Trillion Drug Bet: How Eli Lilly Outsprinted Big Tech on Fat, Pills, and Wall Street Dreams Yahoo FinanceLilly becomes first healthcare firm to join trillion-dollar club, Wall Street reacts ReutersLilly Breaks $1 Trillion Mark In Historic Milestone
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I love it when organizations try and do something good, but don't think things through and end up delivering unintended negative consequences.
Today's case in point: the US Senate and the Federal Reserve, both of whom are looking to reduce high interchange costs, but are unintentionally increasing costs for merchants and sharply boosting the undiscovered fraud rate. Not bad for government work.
Let's start with the Senate, where Sens. Dick Durbin (D-IL) and Roger Marshall (R-KS) have crafted The Credit Card Competition Act of 2022. Its stated goal: reduce the interchange fee that financial institutions and card brands (Visa, MasterCard, Amex, etc.) charge retailers.
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