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President Donald Trump announced Friday he is calling for a one-year cap limiting credit card interest rates to 10%. Trump blamed the Biden administration for allowing rates to rise as…
Volkswagen’s leadership is warning that the company may need to cut an extra 50,000 jobs to stay competitive with auto industry rivals, according to an internal memo sent to staff.…
Follow Eurofins Scientific SE (ERFSF) Q2 2026 Earnings Call July 23, 2026 8:00 AM EDT…
President Donald Trump’s call for a 10% cap on credit card interest rates could impact access to credit cards for many American consumers while also impacting small businesses. Trump on Friday…
This story about the June 2026 CPI inflation report will be updated with further details. Inflation pulled back in June after surging in prior months due to the Iran war’s…
Bilt, a membership program centered on rewarding consumers for everyday spending, is rolling out a new lineup of credit cards Wednesday. They are not only designed to increase how much…
Federal Reserve Chair Kevin Warsh on Tuesday told House lawmakers that the central bank’s policymakers have “no tolerance for persistently elevated inflation” in his first testimony as Fed chief. Warsh said…
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A new analysis finds that a 10% credit card interest rate cap would shrink access to credit, affecting well over 100 million American cardholders in the process. Some Republican and Democratic lawmakers have expressed support for capping credit card interest rates at 10%, a measure that…
American household budgets are under pressure from higher gas prices and new data shows that consumers are turning to credit…
The affordability of the U.S. housing market may not improve significantly over time for would-be homebuyers, with a new report…
Traffic by tankers transiting the Strait of Hormuz has picked up amid the negotiations between the U.S. and Iran aimed…
As American travelers feel the pinch of inflation and elevated airline costs, Delta Air Lines CEO Ed Bastian revealed exactly…
Mortgage rates ticked slightly higher this week, but were little changed, mortgage…
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Companies in the private sector added 98,000 jobs in June, payroll processing…
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Americans are increasingly reaching a breaking point regarding their household finances. Despite…
