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Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk
just now (683+ words) By Ken Sweet and Seung Min Kim | Associated Press NEW YORK " Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew…...
Indonesia eyes 6% growth in 2026 despite a jobs ‘time bomb’
1+ hour, 5+ min ago (176+ words) Economists have cast doubt on the "optimistic" target as educated youth struggle to find work and manufacturing lay-offs neared 80,000 Now, Jakarta sees 2026 as the right time to pick up speed, setting its sights on an annual economic expansion of no…...
Maryland Labor Dept. missed chance to recover $760 million in overpaid unemployment, audit says
1+ hour, 9+ min ago (687+ words) Danielle J. Brown, Maryland Matters January 10, 2026, 1:56 PM Maryland overpaid $807.4 million in unemployment benefits since the COVID-19 pandemic and missed the opportunity to recover $760 million of that amount because it took too long do to so, state auditors said. "That is quite…...
Banks balk at Trump's push for 10% cap on credit card interest rates - Los Angeles Times
1+ hour, 56+ min ago (586+ words) NEW YORK'Reviving a campaign pledge, President Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner....
Martin Lewis issues urgent overdraft warning to millions
2+ hour, 44+ min ago (103+ words) Lucy Leeson | Saturday 10 January 2026 17:21 GMT Martin Lewis has issued a warning to millions over the dangers of bank account overdrafts. The Money Saving Expert founder revealed how most overdrafts cost 40 percent interest, compared to a typical credit card of 24.9 percent....
Crypto market holds $3T as investors digest U.S. jobs data
3+ hour, 12+ min ago (473+ words) The latest US jobs report failed to shake crypto markets, with 50,000 jobs added, and with total market capitalisation holding above $3 trillion. The U.S. nonfarm payrolls [NFP] report released on Friday, 9 January, added another data point to an already cautious macro backdrop....
Trump pushes a 1-year, 10% cap on credit card interest rates. Banks balk
3+ hour, 35+ min ago (629+ words) Trump was not clear in his social media post Friday night whether a cap might take effect through executive action or legislation, though one Republican senator said he had spoken with the president and would work on a bill with…...
RBC stock: Eurasia Group pact and Canada jobs put two dates on investors’ radar
4+ hour ago (536+ words) Toronto, Jan 10, 2026, 15:29 EST " Market closed. Royal Bank of Canada announced plans to launch a three-year strategic partnership with political risk consultancy Eurasia Group starting in 2026. On Friday, RBC's U.S. shares slipped 0.2% to close at $169.19, while its Toronto-listed stock edged up 0.2% to…...
Is Trump Blaming The Wrong Culprit For Unaffordable Houses?
4+ hour, 22+ min ago (533+ words) President Donald Trump is going to war against investment firms he says are scooping up homes that families should live in, but there might be another culprit at play. Winegarden also emphasized that large investment firms such as Blackstone "are…...
Banking Lobby’s War on Stablecoin Yields: Here Is The Real Reason Why Clarity Act Remains Stalled
4+ hour, 37+ min ago (345+ words) The Clarity Act continues to face significant delays despite bipartisan support, with the primary obstacle now clearly identified." Traditional banking institutions are actively blocking legislation that would allow stablecoin holders to earn yields on their digital dollar holdings." Industry analyst…...