Trump is gutting America’s consumer watchdog to feed Wall Street’s greed | Business and Economy

Trump is gutting America’s consumer watchdog to feed Wall Street’s greed | Business and Economy

Created after the 2008 financial crash, the Consumer Financial Protection Bureau (CFPB) is that rare Washington creature: An efficient consumer watchdog. Over the years, it has returned many billions in relief for people who got fleeced by Wall Street and Main Street alike. In Trump’s America, it is unsurprisingly fighting for its life. On August…

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Wall Street braces for Nvidia test

Wall Street braces for Nvidia test

A wobble in US technology shares has raised the stakes for Nvidia’s quarterly results on Wednesday, with earnings from the semiconductor giant posing a crucial test for the scorching AI trade. The heavyweight tech sector slumped 1.6% on the week after a huge run for the group, dragging on key indexes. The sector’s weekly decline…

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