FTC warns about pupil loan ripoffs following Supreme Court docket selection

Essential Points

The Supreme Court docket struck down the Biden administration’s student loan forgiveness approach Friday in a 6-3 ruling. Loan payments are poised to restart in Oct.
The Federal Trade Fee warned in a client inform that scammers would likely goal debtors, potentially posing as U.S. Division of Schooling personnel and featuring mortgage support.
The FTC made available strategies for borrowers to safeguard on their own.

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Finance

U.S. regulators toss out rules requiring banks to prepare for climate change

October 16, 2025

Key Points Regulators are doing away with controversial regulations that required banks to plan for losses in the event of climate-related events, according to an announcement Thursday. Trump administration officials have criticized the Fed for falling prey to mission creep, or exceeding the scope of its mandates for monetary policy and bank supervision. Source

Finance

Stocks making the biggest moves midday: Snap-on, Triumph Financial, Micron & more

October 16, 2025

Check out the companies making the biggest moves midday: Snap-on — The tool maker rose more than 3% after third-quarter earnings topped expectations, helped by a pick-up in demand from auto parts companies and repair shops. Snap-on earned $5.02 per share on revenue of $1.19 billion. Analysts were expecting the company to earn $4.64 per […]

Finance

Fed Governor Miran wants a half-point cut this month, while Waller backs another quarter-point move

October 16, 2025

Key Points Fed Governor Stephen Miran said Thursday he plans to repeat his push for a half-percentage-point interest rate cut when the central bank meets later this month. Governor Christopher Waller advocated a quarter-percentage-point reduction at the meeting later this month, a position that appears more in line with the Fed consensus. Earlier this week, […]