This reported column is Part Two of Eamon Javers’ two-part series on the new, conservative economic populism gaining ground among Republicans close to former President Donald Trump.In Part One, Javers introduced readers to the new, conservative economic populism gaining ground among Republicans close to former President Donald Trump. Click here to read Part One. WASHINGTON — The effort underway to define a new, conservative economic policy for the age of Trump is driven in part by a changing understanding of who conservatives are – and what kind of policy they actually care about. Leading this change is a cadre of economic populists…
Author: insighter
The U.K.—U.S. “special relationship” has had a few hiccups over the years—the Suez Crisis, disagreements over the Vietnam War, and now 20 years’ worth of unpaid traffic charges. The U.S. is in a feud with the British capital’s transport body, Transport for London (TfL), over a £15 ($19) daily congestion charge for drivers in the center of London. Diplomats driving through the city and other U.S. embassy-linked cars have racked up £14.7 million ($18.7 million) in unpaid congestion charges since 2003, according to TfL data. The resultant hole in TfL’s finances has set off a debate over whether the U.S.…
Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesThe Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry must abide by the same federal protections as users of credit cards.The agency unveiled what it called an “interpretive rule” that deemed BNPL lenders essentially the same as traditional credit card providers under the decades-old Truth in Lending Act.That means the industry — currently dominated by fintech firms like Affirm, Klarna and PayPal — must make refunds…
If you travel on American Airlines regularly, getting one of the airline’s credit cards can make sense. Not only will you earn additional miles when paying for flights, but the cards also come with valuable perks to improve your flight and save money. The American Airlines credit cards include:Let’s learn more about American Airlines credit card benefits, including the differences among cards, exclusions that may apply and how to earn elite status and other perks based on your spending.Top American Airlines credit card benefitsThe American Airlines credit card benefits vary based on which card you choose, and there are multiple…
The war between Russia and Ukraine — both major producers of food commodities and energy — has disrupted global production, trade and supply in these areas, leading to a surge in prices.Solstock | E+ | Getty ImagesLONDON — U.K. inflation came in hotter than expected with a drop to 2.3% in April, the Office for National Statistics said Wednesday, prompting traders to pull back from bets on a June interest rate cut from the British central bank.The headline reading declined from 3.2% in March. The April print marked the first time inflation has been below 3% since July 2021 and…
The DocuSign website is seen on a laptop in Dobbs Ferry, New York, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Contract management platform DocuSign is committed to remaining a public company and is working to convince investors of its artificial intelligence potential, CEO Allan Thygesen told CNBC, after reports suggested the firm had been the target of takeover interest from private equity suitors. “We’re focused on building a great, independent public company,” Thygesen told CNBC in an interview earlier this week at a partner event the company held in London. “I joined DocuSign as a public company,…
There is a huge market for credit card and miles and points information. If you use them wisely, credit cards can offer fantastic benefits. Use them irresponsibly and you will pay dearly for it. Talk about a double-edged sword. So what should you do? My suggestion: learn everything you can about using credit cards (and miles and points) smartly so you can live the life you want in a way that also makes financial sense. Below, you will find 10 of the best blogs on the internet that will teach you all you need to know about credit cards,…
The Biden administration said Tuesday it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a bid to lower prices at the pump this summer. The sale, from storage sites in New Jersey and Maine, will be allocated in increments of 100,000 barrels at a time. The approach will create a competitive bidding process that ensures gasoline can flow into local retailers ahead of the July 4 holiday and sold at competitive prices, the Energy Department said. The move, which the department said is intended to help “lower costs for American families and…
The interior of Singapore Airline flight SQ321 is pictured after an emergency landing at Bangkok’s Suvarnabhumi International Airport, Thailand, May 21, 2024. Stringer | Reuters One person died and 30 people were injured aboard a Singapore Airlines flight that was hit by severe turbulence and forced to land in Thailand, the carrier said Tuesday. Singapore Airlines Flight 321 encountered “sudden, severe turbulence” about 10 hours into a Singapore-bound flight from London Heathrow, the airline said. The plane, a Boeing 777-300ER, was carrying 211 passengers and 18 crew members. Images on social media showed stunned passengers, with oxygen masks hanging from…
The Xpeng X9 electric MPV on display at the Beijing auto show on April 25, 2024. CNBC | Evelyn Cheng BEIJING — Chinese electric car company Xpeng saw its shares soar after reporting an improvement in profit margin and an upbeat outlook for second-quarter deliveries. The company’s Hong Kong-listed shares rose more than 13% in morning trade Wednesday. U.S.-listed shares had climbed by nearly 6% in U.S. trade Tuesday after reporting first quarter results. Xpeng reported that vehicle margin rose 5.5% in the first three months of the year, from a negative 2.5% in the prior quarter. Vehicle margin is…
Pet owners spent an average of $491 on veterinary care for their fur kids in 2021, the most recent year for which data was available, according to the U.S. Bureau of Labor Statistics[0]. But if your pet requires surgery or emergency treatment, vet bills can cost thousands of dollars. Buying pet insurance can help defray these expenses. Your first step is to get pet insurance quotes. How to get pet insurance quotes You can get quotes from the best pet insurance companies online, though most companies also give you the option to speak with a human. Note that we’re focusing…
Liberty Media Corp., owner of the Formula 1 racing business, is seeking additional funds from the principality of Monaco as part of advanced talks for a new contract to extend the historic car race beyond 2025. Monaco pays about $20 million a year to host the event, the lowest total on the 24-race calendar, and representatives of Liberty Media are seeking an increase, according to people familiar with the discussions. The parties agreed to the current three-year deal in September 2022. This year, the action begins on May 24. Like all major tourist attractions, the Monaco Grand Prix delivers a big economic boost…