Big Banks Have Mixed Results After Sweeping Tax Reform

Ken Leon, Global Director of Research and Industry Analyst at CFRA, explains how the new tax reform is impacting big banks. In 2018, the tax rate will decrease to about 19 percent. For full interview [click here](https://cheddar.com/videos/big-banks-could-be-headed-for-big-gains).

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Homebuilders Confidence and Demand for Homebuying Increases

New data from the National Association of Home Builders shows that falling mortgage rates have improved homebuilder confidence and increased demand to buy homes.

40% of Student Loan Borrowers Missed First Payment

About nine million people with student loans missed their first payment after the recent pandemic pause, according to data.

Survey: Holiday Spending Rising

Spending this holiday season is set to significantly rise, according to an economic survey from CNBC.

Biz Breakdown: Google Settles Suit, Tesla Reportedly Raises Pay, Utah Sued Over Social Media

Google settled an antitrust lawsuit, Tesla is reportedly raising pay, a group is suing Utah over its social media policies for kids and the founder of Nikola was sentenced to prison.

White House Backs Industry Effort to Standardize Tesla's EV Carging Plugs

The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States.

Retailers Are Improving Their Delivery Speeds, Meaning Good News for Late Holiday Shoppers

Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.

Group Suing to Block Utah Social Media Policies for Kids

A group representing several big tech companies is suing Utah over state laws about children's social media use.

Google to Pay $700 Million in Settlement

Google has agreed to pay $700 million to settle an anti-trust settlement.

Stocks Up as Wall Street Continues to Digest Fed Comments

Stocks were up after the closing bell as Wall Street continued to pin their hopes on rate cuts after last week's comments from the Fed.

Securitize: The Private Credit Boom Has Arrived

Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.

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