JPMorgan Chase says banks could fight Trump credit card rate cap: 'Everything's on the table'
Banks say a proposed 10% cap on credit card interest rates would result in fewer credit card accounts for Americans and a hit to the U.S. economy.
Last updated: 2026-01-13 20:06:17 ET
Banks say a proposed 10% cap on credit card interest rates would result in fewer credit card accounts for Americans and a hit to the U.S. economy.
JPMorgan Chase is reporting a 9% rise in adjusted profits for the fourth quarter, benefiting from a strong economy in both consumer and investment banking
JPMorgan Chase on Tuesday marked the unofficial beginning to fourth-quarter earnings season with forecasting-beating results.
JPMorgan will give investors a view into how consumers and corporations fared toward the end of last year and issue guidance on how 2026 may develop.
Shares of Capital One plunged more than 7%, while Citigroup slid over 3% and JPMorgan Chase fell about 2%.
The liquidator for former vehicle-battery company Britishvolt, which collapsed owing money to a major engineering firm, have decided not to pursue a director over a personal cash guarantee he made to the firm. In its latest report, RSM said it had de...
JPMorgan Chase CEO Jamie Dimon marks 20 years as CEO this month. Insiders say he remains as involved as ever managing the sprawling operations of the megabank.
Men’s makeup is shedding stigma as TikTok and Gen Z drives growth, retailers rethink displays and brands chase one of beauty’s last untapped marke...
Bitcoin bulls are making a run on $91,000 as start-of-the-year trading volumes highlight the market’s expectation of a positive Q1.
A Florida traffic stop erupts into chaos as a sex offender allegedly fights deputies while a teen flees in a stolen truck, leading to a dangerous high...