St. James Investment Company Value Investor’s Q1 2026 Letter
It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so. Despite the quote above being widely attributed to Mark Twain, scholars
Money & Business
Credit card interest rate cap could reduce access for over 100 million Americans, analysis finds
A new analysis finds that a 10% credit card interest rate cap would
Loeffler targets $50B SBA program that has ‘never been looked at,’ bans 112K-plus COVID loan fraudsters
Small Business Administrator (SBA) Kelly Loeffler unveiled a sweeping fraud crackdown on
Federal court terminates Biden-era student loan plan affecting millions nationwide
A federal appeals court on Monday officially finalized the termination of the
American Express to build 55-floor tower at World Trade Center site
American Express has announced plans for the construction of a 55-floor building
Costco quietly boosts gas rewards for branded credit card holders to 5% cash back
Costco has discreetly increased gas rewards for holders of its branded credit
Klarna CEO calls credit cards interest rates an ‘extraction machine,’ backs Trump’s proposed 10% rate cap
Klarna CEO Sebastian Siemiatkowski expressed support for President Donald Trump’s push to
Kevin Hassett floats ‘Trump card’ proposal after pushback on credit card interest rate cap
The Trump administration is floating a new proposal aimed at expanding access
Trump administration to delay wage garnishment from student loan borrowers in default
The Department of Education on Friday announced a delay in its plans
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House to vote on resolution condemning antisemitism
The House is set to vote Tuesday on a Republican resolution condemning antisemitism in the United States and globally. A number of Democrats, however, have
How a shrinking cash pile at the Fed can aid liquidity in the $26 trillion Treasury market
A popular pandemic spot for banks, money-market funds and financial institutions to park cash overnight with the Federal Reserve could provide a boost to
Short-Seller Jim Chanos to Shut Hedge Funds, Report says
Jim Chanos, one of Wall Street’s best-known bears, is shutting his hedge funds after nearly four decades, The Wall Street Journal reported Friday. Chanos
U.S. housing starts rise ‘unexpectedly’ for the second straight month
The numbers: Construction of new homes rose 1.9% in October, as builders amped up new projects. The pace of construction increased as builders saw
Emerging markets to gain from Fed easing, better growth prospects: Amundi’s Berardi
By Anisha Sircar (Reuters) – Europe’s largest fund manager, Amundi’s investment institute, expects emerging markets (EM) to benefit next year from better economic prospects
Pricing, Playbooks, And Power Moves In Startups
Startup M&A and roll-ups are predicted to rise in fintech and this already seems to be manifesting. Yet, recent events like Thrasio’s impending bankruptcy
Markets See Spring Rate Cuts, The Fed Isn’t There Yet
The debt markets expect the U.S. Federal Reserve to cut interest rates in spring 2024. In contrast, policymakers believe its premature to discuss rate
With Little Revenue Expected, Cybertruck Could Dunk Tesla Stock
Four years ago Tesla promised a Cybertruck with a 500 mile battery range priced at $39,900, according to Wired. On November 30, Tesla laid
Americans are worried about paying back their student loans
A growing number of Americans are worried about defaulting on their student loan debt after a three-year payment hiatus, according to new data published
Americans earning 37% more but still struggling with debt: survey
Americans are earning more, but rising costs and high interest rates have outweighed the benefits of higher pay, according to a recent study by Achieve. Despite
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