Market Insight Blog

First National Bank of Omaha will stop issuing NRA Visa card
Survivors and parents spar with Rubio, the NRA First National Bank of Omaha said it will stop issuing an NRA-branded Visa card as the national debate over guns reaches a fever pitch. "Customer feedback has caused us to review our relationship with the NRA. As a result, First National Bank of Omaha will not renew its contract with the National Rifle Association to issue the NRA Visa Card," spokesperson Kevin Langin said in a statement Thursday. The bank declined further comment.

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Betsy DeVos may make it easier for student loan borrowers in bankruptcy
How to talk to your kid about paying for college The Department of Education may make it easier for people filing for bankruptcy to get out of their student loans. Currently, borrowers must still repay their student loans even if their other debts have been wiped away after filing for bankruptcy -- unless they can prove a high standard of financial hardship. According to federal law, borrowers must show "undue hardship."

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BlackRock has questions for gun companies after Florida massacre
Has the NRA become a right-wing media company? BlackRock has some questions for gun companies about their response to the school shooting in Florida. The giant investment management company "will be engaging with weapons manufacturers and distributors to understand their response to recent events," spokesperson Ed Sweeney said in a statement.

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The persistence of Parkland: How the Florida shooting stayed in the media spotlight
Students released from a lockdown embrace following following a shooting at Marjory Stoneman Douglas High School in Parkland, Florida, Wednesday, Feb. 14, 2018. Seven days after a horrific shooting claimed the lives of 17 people at Marjory Stoneman Douglas High School, the front pages of some of the nation's largest newspapers are still featuring stories about gun control and school safety. Victims' family members and survivors in Parkland, Florida, are still being interviewed, nearly by the […]

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It's getting more expensive to buy a home
Here's the reality behind inflation worries Here's some more bad news for home buyers: It's getting even more expensive to buy a home. The average rate of a 30-year fixed rate mortgage jumped to 4.40% this week — the highest level since April 2014, according to Freddie Mac's latest report. This is the seventh consecutive week of higher mortgage rates.

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Are rubber bands putting American jobs at risk? Trump trade team is investigating
U.S. trade moves could spark Chinese retaliation The Trump administration wants to determine whether foreign-made rubber bands pose a risk to American workers. The nation's leading producer of rubber bands, a small company in Arkansas, is worried that imports from China, Thailand and Sri Lanka are putting its 150 workers in jeopardy. It petitioned the Commerce Department to start an investigation, which began Thursday.

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Year after coronation, Breitbart has diminished presence at CPAC
Last year's edition of the Conservative Political Action Conference served as something of a coronation for Breitbart. The conference's lineup was littered with the website's writers. Steve Bannon, Breitbart's former executive chairman who at that point served as one of President Trump's top advisers, received a rock star's welcome. And the far-right site carried an indomitable presence throughout the week, staking out a prime position on radio row and hosting a glitzy party on a boat. This […]

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For self-driving cars, car washes are a nightmare
Driving without a driver The most cutting-edge cars on the planet require an old-fashioned handwashing. Car washes have been automated for decades, but companies developing fully autonomous vehicles must rely on a human touch to keep their cars and trucks in working condition. There are a range of problems with putting a self-driving vehicle through a traditional car wash, experts say. For example, soap residue or water spots could effectively "blind" an autonomous car. A traditional car wash's […]

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Airbnb adds fancier rental options and loyalty program
5 stunning stats about Airbnb Airbnb is adding more lodging types to its site, such as boutique hotels, bed and breakfasts, and high-end rentals. It's also making it easier for bigger groups to stay together for work trips, weddings, and family getaways. CEO Brian Chesky outlined on Thursday at an event in San Francisco the company's new 10-year roadmap. Among its goals: host more than a billion guests by 2028. As a part of the expansion effort, Airbnb will now offer more ways to search for […]

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Nasdaq wants to boot iced tea maker for taking advantage of bitcoin craze
Lagarde: Bitcoin regulation 'inevitable' Nasdaq wants to boot an iced tea maker off its exchange for allegedly trying to fool investors caught up in the cryptocurrency mania. Last year's rebranding of Long Island Iced Tea into Long Blockchain symbolized the moment that the bitcoin movement went from a boom to a craze. The bizarre makeover from Long Island beverage company to blockchain powerhouse sent the stock spiking nearly 200% the same day.

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