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Apollo Moves to Start a Private Credit ETF With State Street – Yahoo Finance

(Bloomberg) — Apollo Global Management has partnered with State Street to launch the first exchange-traded fund that includes private credit investments. Most read articles on Bloomberg State Street registered the SPDR SSGA Apollo IG Public & Private Credit ETF, according to a regulatory filing on Tuesday. A portion of the fund will be allocated to […]

What credit score do you need to get the Citi Simplicity Card? – CNBC

Citi is an advertising partner. of Citi Simplicity® Card offers the best-in-class balance transfer introductory APR, making it a great option for those looking to pay less in interest on their credit cards. You'll need to be approved to take advantage of this card's offers, and your credit score will play a big role in […]

6 credit rating agencies to pay over $49M over recordkeeping failures: SEC

Six credit rating agencies have agreed to pay a combined total of more than $49 million in civil penalties for allegedly violating record-keeping rules, the Securities and Exchange Commission said Tuesday. According to the SEC, Moody's Investors Service, S&P Global Ratings, Fitch Ratings, HR Ratings de Mexico, AM Best Rating Services and Demotec admitted to […]

Fed interest rate cuts won’t help your credit card debt

Former CEO of the Federal Reserve Bank of St. Louis James Bullard discusses interest rate cuts and the labor market on “The Craman Countdown.” Wall Street and Main Street are poised to usher in the fall with the first interest rate cut since March 2020, when the COVID-19 pandemic began, raising hopes of lower borrowing […]

FinTechs Now See Credit Unions as Collaborators, Not Competitors – PYMNTS.com

Download the playbook How Fintech Can Align with Credit Union Innovation Plans Many FinTechs are partnering with credit unions (CUs) and other financial institutions (FIs) to deliver the innovative products and services that today's digital-first consumers expect. In fact, nearly all financial institutions view CUs as collaborators rather than competitors. To be successful partners, FinTechs […]

Harris Casts Trump as Incumbent, Takes Credit for Her Admin’s Record

Vice President Kamala Harris has shown two sides to her campaign, claiming credit for some of the Biden-Harris administration’s accomplishments while simultaneously positioning former President Donald Trump as the incumbent president. This contradiction falsely positions Trump as responsible for three situations that have arisen under the Biden-Harris administration: a surge in immigrant crime, soaring inflation […]

CopenPay: Europe’s first climate-based social credit system

Copenhagen has introduced a reward-based climate credit system that allows both residents and tourists to earn collective benefits by walking, cycling and picking up litter. Denmark’s CopenPay, which appears to be an incentive program conceived by Greta Thunberg, is said to be an initiative born out of a desire to reduce carbon emissions and “reward […]

Here’s why everyone’s talking about the child tax credit – CNN

CNN — The popular child tax credit has become a key issue in this year’s presidential election, with each party vying with the other on who is best for families. Democratic presidential candidate and Vice President Kamala Harris has made an increase to the child tax credit a centerpiece of her recently released four-part policy […]