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It come down to Trump using political pressure to force banks to cap interest rates on credit cards
10+ min ago (345+ words) President Donald Trump a week ago told the credit card industry it had until Jan. 20 to comply with his demand for a10% cap on interest rates. With just days to go, consumer groups, politicians, and bankers alike remain unclear on what…...
Trump says he’s suing Chase over allegedly debanking him over Jan. 6
23+ min ago (566+ words) President Donald Trump says he's suing JPMorgan Chase in the coming weeks. The announcement came amid criticism of a Wall St. Journal article saying the president offered Chase CEO Jamie Dimon the job as Fed chairman. Dimon has recently denied…...
IN OUR VIEW: We dodged an economic bullet
36+ min ago (517+ words) Published 11:45 am Saturday, January 17, 2026 Prime Minister Mark Carney was at B.C. Hydro's Skeena Substation south of Terrace Nov. 13, 2025, to announce that more projects are being referred for quick service to the Major Projects Office. Federal housing and infrastructure minister Gregor Robertson…...
Jamie Dimon Rules Out Fed Chair Role, But Would Consider 'Secretary of The Treasury' If The President Asks: 'I Like Being My Own Boss"
50+ min ago (480+ words) Banking giant JPMorgan Chase & Co.s (NYSE:JPM) CEO, Jamie Dimon, firmly ruled out any possibility of leading the Federal Reserve in the near future, but is open to serving as the Secretary of the Treasury, if asked by the…...
Cost of doing business out of control
1+ hour, 3+ min ago (761+ words) Business NSW New England North West (NENW) is calling for targeted reforms in the upcoming NSW Budget, warning that rising energy, insurance and compliance costs are pushing many small and medium-sized businesses (SMEs) to the brink. The regional peak body…...
The Fed does not create inflation; the fiscal side of the ledger does
1+ hour, 9+ min ago (148+ words) By Martin Armstrong, US Economist People love to blame the Federal Reserve for everything under the sun because it is easier than admitting the real problem: government. The tragic part of this entire monetary experiment is that the Fed, as…...
Cathie Wood Calls US Economy 'Coiled Spring' In 2026 Outlook, Predicts 'Golden Age"
1+ hour, 18+ min ago (510+ words) In its 2026 outlook released on Jan. 15, ARK Invest CEO Cathie Wood declared the U.S. economy a "coiled spring" poised for a powerful rebound, forecasting a "golden age" for U.S. equities comparable to the boom of the 1980s. Wood argues that the "rolling recession…...
Rural Small Business Confidence Improves Heading into 2026
1+ hour, 21+ min ago (221+ words) NASHVILLE, Tenn. (RFD NEWS) " Small business confidence finished 2025 on firmer ground, offering cautious optimism for rural communities and farm-dependent economies entering 2026. The National Federation of Independent Businesses (NFIB) reports its Small Business Optimism Index rose in December, remaining above its…...
Analysts expect ringgit to hover around RM4.05–RM4.08 ahead of BNM OPR decision
1+ hour, 31+ min ago (362+ words) KUALA LUMPUR, Jan 17 " The ringgit is likely to trade within a narrow range against the US dollar next week as investors take a cautious stance ahead of Bank Negara Malaysia's Monetary Policy Committee (MPC) meeting on January 22. Bank Muamalat Malaysia…...
Housing affordability in 2026: Analyst says mortgage rates could fall below 6%
1+ hour, 33+ min ago (495+ words) Buying a home has felt out of reach for many Americans in recent years, but experts say 2026 could bring some relief. Mortgage rates have already started trending down from recent highs, and one analyst predicts they may continue falling, potentially…...