Perhaps feeling the heat of “affordability” concerns, President Donald Trump recently revived one of those bad ideas that never seem to die: a cap on credit card interest rates. His current proposal ...

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Feb 11 (Reuters) - Citigroup (C.N), opens new tab incoming Chief Financial Officer Gonzalo Luchetti said on Wednesday that he sees continued growth in the bank's credit card business, but warned that ...

A proposed 10% cap on credit card interest rates may sound appealing on first blush, but some industry experts are warning of unintended consequences. Such a rate cap, they say, could result in more ...

Credit card companies are coming under bipartisan attack in Washington as persistent inflation leaves many Americans struggling to make ends meet. The economic uncertainty has even put President ...

A top White House economist called on banks to cut credit card rates. Legislation to cap rates is highly unlikely, however. The interest rate outlook for banks is looking better suddenly. The Trump ...

January’s jobs data, released on Wednesday, bolstered expectations that the Federal Reserve will hold interest rates steady for longer than previously expected. By Colby Smith Colby Smith covers the ...

We Energies has proposed a new, separate energy rate for large data centers in Wisconsin. The proposal aims to prevent the high energy costs of data centers from being passed on to other customers.

Airlines fear economic impact from credit card interest cap Airlines rely on loyalty programs for revenue, Sununu warns Legislation could affect airline-branded credit card rewards ARLINGTON, Virginia ...

Gold prices rose more than 2% on Friday as weaker than expected U.S. inflation data reignited hopes for Federal Reserve rate cuts this year, offsetting concerns from stronger than expected jobs data ...

Sen. L. Louise Lucas, D-Portsmouth, on Monday introduced an amendment to her Senate Bill 253, which would levy more energy costs onto data centers served by Dominion Energy and less on residential ...