Editorial News

The S&P 500 and Nasdaq Composite rose to fresh intraday all-time highs on Tuesday, led by technology, as traders weighed the prospects of a potential U.S.-Iran deal being reached to end the war. The broad market index gained 0.61% and ended at 7,519.12, while…

President Donald Trump issued another significant Executive Order affecting the financial services industry, this time directed at integrating financial technology innovation more directly into the U.S. regulatory framework. The Executive Order, entitled “Integrating Financial Technology Innovation into Regulatory Frameworks,” was signed on…

Parker, a US-based fintech startup offering corporate credit cards and banking services for e-commerce businesses, has filed for Chapter 7 bankruptcy and is widely reported to have shut down, in one of the more notable collapses in the sector in…

A global finance watchdog is demanding national regulators better scrutinize private credit, warning that banks, asset managers, insurance and private equity firms are exposed to an assortment of growing risks in the near $2 trillion sector. In a wide-ranging study…

JPMorgan Chase CEO Jamie Dimon on Tuesday warned that rising government debt levels could trigger a crisis in the bond market, urging policymakers to act before markets force their hand. Dimon’s statement was in response to a question about whether he was worried…

Treasury Secretary Scott Bessent on Friday defended the possibility of the U.S. participating in currency swaps with allies in the Persian Gulf and Asia who are seeking financial backstops due to the Iran war. Discussions with those countries about U.S. dollar swap lines “are part of ongoing,…

On March 13, 2026, President Donald Trump signed two executive orders aimed at reducing barriers to homeownership. These executive orders follow his commitment in his State of the Union address in February that addressing housing affordability would be a priority…

Mortgage rates surged to their highest level since September on Friday as bond yields moved higher due to the war in Iran. The average rate on the 30-year fixed loan hit 6.41%, according to Mortgage News Daily. That is the…

Only when the tide goes out do you discover who’s been swimming naked. – Warren Buffett, Berkshire Hathaway 2001 Annual Letter A recent string of defaults by companies at least partially funded by private credit has raised investor concerns that more bad…

SPRINGFIELD — When Kayleigh White opened a plain white envelope stamped “UNDUE” in big, bold blue letters late last year, she threw it away. The 27-year-old Rochelle resident assumed it was junk mail, or maybe a scam. The letter claimed that her…