Trump admin begins student loan wage garnishing, copper hits high

Yahoo Finance anchor Josh Lipton tracks Tuesday’s top moving stocks and biggest market stories in this Market Minute.

Mining stocks, like Freeport (FCX), BHP Group (BHP), and Teck Resources (TECK), are rallying as copper (HG=F) reaches a record.

The Trump administration announced on Tuesday that the US Department of Education will begin garnishing wages from defaulted student loan borrowers in January.

Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance’s Market Minute.

Video Transcript

It’s time for Yahoo Finance’s Market Minute.

U.S. stocks aim for another day of gains after Notching a third consecutive win.

Investors weighing bets on interest rate cuts as fresh data showed surprisingly strong US Economic growth.

Consumers, though, remain pessimistic about The current state of the economy.

Turning to mining companies, those stocks rally as copper breaches a record.

The metal crested 12,000 per ton for the first time.

Uh, the all-time high comes as President Trump’s tariff policies and a string of mines Accidents have roiled supply chains.

And lastly, The Education Department is reportedly set to start seizing pay of defaulted student loans Borrowers.

The department expects the first notices soon.

Sent the week of January 7th.

During that time, Notices are to be sent to about 1,000 borrowers.

And thats your Yahoo Finance Market Minute.

Scan the QR code below to track the best and worst-performing stocks of the trading day Session.

By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

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