Faced with potentially losing billions, colleges rallied behind a compromise plan. It now has a thumbs-up from Congress.
AT&T's long-term returns and earnings growth remain weak and inconsistent. Read more to see why I recommend a Strong Hold on ...
U.S. President Donald Trump said he would ask Congress to implement his proposal to cap credit card interest rates at 10% for one year, a policy that’s drawn pushback from some of the biggest banks ...
Jan 21 (Reuters) – JPMorgan Chase CEO Jamie Dimon warned on Wednesday that a proposal to cap credit card interest rates would amount to economic disaster, while U.S. President Donald Trump doubled ...
President Donald Trump called for credit card companies to cap interest rates at 10%, roughly half the industry average, effective Jan. 20. That date arrived, and credit card rates have hardly budged.
In a Truth Social post, President Trump stated that he would no longer let Americans be ripped off by credit card companies charging consumers 20% to 30%. While this sounds good on the surface, I ...
Although credit has been used throughout history, the first “modern” card dates back to 1950, when Diners Club issued a one available for use at several locations. Banks soon followed, issuing cards ...
NEW YORK (AP) — President Donald Trump a week ago told the credit card industry it had until Jan. 20 to comply with his demand for a 10% cap on interest rates. With just days to go, consumer groups, ...