JPMorgan Chase CEO Jamie Dimon pushed back on calls by the administration of United States President Donald Trump to cap credit card interest rates, claiming that if Congress follows through, it would result in an “economic disaster”. Dimon made his comments on Wednesday at the World Economic Forum in Davos, Switzerland. Recommended Stories list of […]
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Trump announces one-year 10% cap on credit card interest rates | Donald Trump
Donald Trump announced a one-year cap that would limit credit card interest rates to 10% this week, in a move that has prompted mixed reaction from lawmakers and beyond. The president’s social media post on Friday night said the restriction would take effect on 20 January, but he did not provide specifics on how the […]
WATCH: New video of person of interest in Ohio dentist murder released
Ohio authorities have released new video of a person of interest after a dentist and his wife were found murdered inside their home on Dec. 30. Source link
Person of interest in custody after fatal Brown University shooting, official says
A person of interest was taken into custody early Sunday in connection with the fatal shooting at Brown University, according to Kristy DosReis, a spokesperson for the Providence Police Department. The person in custody was caught about 3:45 p.m. at a hotel in Coventry, R.I., about 28 miles south of Providence, according to law enforcement […]
Divided Fed set to announce decision on interest rates
The Federal Reserve is set to announce its latest adjustment of interest rates on Wednesday, potentially slashing borrowing costs for the third time this year in an effort to boost sluggish hiring. Top officials at the Federal Reserve have displayed a rare degree of public disagreement over a possible interest rate cut. Inflation has picked […]