Interest Rates

JPMorgan CFO Says Proposed Credit Card Caps Would Hurt Consumers

JPMorgan CFO Says Proposed Credit Card Caps Would Hurt Consumers
JPMorgan CFO Says Proposed Credit Card Caps Would Hurt Consumers
January 13, 2026  |  Credit Cards

A JPMorgan Chase official says the banking industry could fight proposed credit card price caps. Jermey Barnum, the bank’s chief financial officer, made those remarks...

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President Trump Seeks 10% Cap on Credit Card Interest Rates
President Trump Seeks 10% Cap on Credit Card Interest Rates
January 11, 2026  |  Credit Cards

President Donald Trump has called for a one-year, 10% cap on credit card interest rates. “Please be informed that we will no longer let the...

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Colorado Court Ruling Puts BNPL Lending Models Under Fresh Pressure
Colorado Court Ruling Puts BNPL Lending Models Under Fresh Pressure
November 19, 2025  |  BNPL

Buy now, pay later (BNPL)’s rapid expansion across retail, travel, healthcare and even everyday essentials has made it one of the fastest-growing credit products in...

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Bitcoin Drops Below $95,000 Amid Concerns About Interest Rates and AI Investments
Bitcoin Drops Below $95,000 Amid Concerns About Interest Rates and AI Investments
November 14, 2025  |  Cryptocurrency

Bitcoin reportedly declined for a fourth day on Friday (Nov. 14), dropping as low as $94,491.22 early in the day.  Week to date, the cryptocurrency...

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NY Fed Prez Warns Affordability Pressures Threaten Economy
NY Fed Prez Warns Affordability Pressures Threaten Economy
November 09, 2025  |  Economy

A leading Federal Reserve official warns that problems of poorer Americans could threaten economic growth. In an interview Saturday (Nov. 8) with the Financial Times...

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Capital One’s $425 Million Settlement Rejected by Judge
Capital One’s $425 Million Settlement Rejected by Judge
November 09, 2025  |  Legal & Regulation

A federal judge has rejected Capital One’s $425 million settlement with depositors. Those depositors had sued the financial services giant saying they were cheated out...

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Fed Governor Says Stablecoin Demand Could Lower Interest Rates
Fed Governor Says Stablecoin Demand Could Lower Interest Rates
November 09, 2025  |  Cryptocurrency

Federal Reserve Governor Stephen Miran says rising stablecoin demand could lower U.S. interest rates. In a speech to economists in New York on Friday (Nov....

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Paycheck-to-Paycheck Families Feel No Relief From Fed Rate Cut
Paycheck-to-Paycheck Families Feel No Relief From Fed Rate Cut
September 17, 2025  |  Consumer Finance

The U.S. Federal Reserve’s quarter-point interest rate cut, a move widely expected after months on pause, offers a glimmer of hope for U.S. households, but...

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