EUR/JPY stays within limits as attention shifts to Eurozone outlook and Japan’s inflation data
EUR/JPY shows a slight recovery after reaching a weekly low earlier today. Germany’s GFK Consumer Trust (for September) has declined for the third month in a row. Attention now turns to the Eurozone Sentiment Survey on Thursday and Japan’s extensive data releases on Friday. The Euro (EUR) managed to regain some lost ground against the […]
San Francisco landlord limits open house to supporters of MAGA and Israel
A lawyer in San Francisco has stated that a landlord can legally restrict attendance at an open house to individuals who identify as “Maga voters and Israeli supporters.” Joseph Tovener, a tenant’s rights attorney, emphasized that political orientation isn’t considered a protected class under California or federal law, suggesting there’s no legal violation in this […]
Trump’s limits on student loans exclude veterans from the opportunity for the American dream
After leaving the military in the early 2000s due to a service-related issue, I tried to piece my life back together. I returned home to the Pacific Northwest, attended Washington University, and aimed to engage with college life as much as possible. However, I was grappling with both physical and psychological trauma from my service. […]
China limits AI use nationwide to stop kids from cheating, and the U.S. might take notes.
China’s AI Shutdown During Exam Week China is shutting down AI nationwide during exam week. This move reflects concerns from the Chinese Communist Party regarding the impact of artificial intelligence on youth engagement. President Xi Jinping appears to prefer a less AI-dependent approach for students compared to American ones, who often rely on AI to […]
Credit Card Defaults, Balances, Debt, Credit Limits, and Collections in the Second Quarter of 2025
Our drunken sailors and their credit cards. Wolf Richter on Wolf Street. Recently, credit card delinquency rates—referred to by some as “drunken sailors”—have shown some notable improvements. The delinquency rate for credit cards, defined as payments overdue by 30 days or more, decreased to 2.87% at the end of the second quarter, as reported by […]
FTC takes legal action against ticket reseller for bypassing limits on Taylor Swift’s Eras tour tickets
FTC Files Complaint Against Ticket Resellers The Federal Trade Commission (FTC) has filed a complaint, alleging that certain investment groups involved in ticket reselling bypassed purchasing limits to acquire tickets for live events. This includes high-profile events like Taylor Swift’s ERAS tour, which they then resold at inflated prices, as stated in a filing with […]
Texas is pushing digital monitoring to new limits
In the Southern states, where discussions about freedom seem to echo the loudest, a new, unsettling threat is surfacing—it’s a digital one. In Texas, immigration authorities are constructing a surveillance system that relies on GPS technology and app notifications. ICE has increasingly turned to alternatives to detention, effectively placing immigrants on a digital leash. It’s […]
Saudi Arabia limits foreign ownership in public companies to 49%: Only six categories of investors are eligible
New Foreign Investment Regulations in Saudi Arabia The Capital Markets Authority (CMA) of Saudi Arabia has unveiled updated regulations concerning foreign investments in publicly traded securities. These new guidelines aim to clarify ownership limits and define who is eligible to invest. This initiative is part of a larger plan to reform and open up capital […]
Change may be coming to the rule that allows drivers to set speed limits.
Rose Hammond has persistently urged local authorities to reduce the speed limit of 55 mph on two-lane roads that run through her community, which includes supportive living spaces, churches, schools, and a busy park frequented by various youth sports leagues. “What’s it going to take, will someone need to get hurt?” the 85-year-old criticized officials […]
China sets limits and cautions foreign buyers about accumulating rare earth supplies.
Concerns Over Rare Earth Stockpiling by Foreign Companies Joshua Ballard, the CEO of USA Rare Earth, recently spoke about the significance of rare earth elements in technological advancements during an appearance on “Claman Countdown.” As China intensifies its restrictions on rare earth storage, it seems to be gaining new leverage over foreign nations. Reports indicate […]