The Economy
According to President Trump, this economic policy will create jobs, cut the trade deficit, and reduce the national debt.
What are tariffs?
On Wednesday, this American semiconductor company’s stock plummeted after President Trump prohibited it from selling products in China.
What is Nvidia?
These increasingly popular financing tools may soon influence traditional credit scores, even though current scoring models haven’t yet been updated to reflect them.
What are BNPL (Buy Now Pay Later) loans?
He warned of a “strong likelihood” that tariffs would lead to higher consumer prices and increased unemployment in the short run, making his job difficult.
Who is Jerome Powell?
A federal judge ruled that this company engaged in illegal practices to preserve its search engine monopoly.
What is Google?
This 2023 measure gave student loan borrowers a grace period by temporarily shielding them from credit score penalties for missed or late payments.
What is the "on ramp" period?
After announcing the higher tariff rates on April 2, President Trump changed his plan. In response to concerns about inflation and recession risks, he announced this action on tariffs for most countries, while maintaining higher rates for Chinese imports.
What is a 90-day pause?
This company is cutting U.S. workers in its consulting business after the federal government demanded it find ways to shrink the cost of government projects it is working on.
What is Deloitte?
It is a savings instrument issued by banks with a fixed interest rate and maturity date, requiring a deposit for a specified term, and typically incurring penalties for early withdrawal.
What is a CD (Certificate of Deposit)?
This is how the Federal Reserve reduces the size of its balance sheet without actively selling assets.
What is allowing securities to mature without reinvestment?
Uber and DoorDash have pushed back on the Cruz-Buchanan proposal, which highlights a key policy debate over whether to exempt certain gig workers from this practice.
What is taxing tips?
This rule of thumb helps you estimate how long it will take to double your money by dividing a certain number by your annual rate of return.
What is the rule of 72?
This country currently holds the largest amount of U.S. Treasury debt among all foreign nations.
What is Japan?
As Americans continue to accumulate more belongings than they can store at home, this industry has seen a rise in demand and cost to the consumer.
What is self-storage?
You borrow $200 from a payday lender. You agree to pay a finance charge of $20 and the loan is payable in 30 days. Your APR is very high and equals _______
What is 121.66%?