Browsing: Cap

Key insights: Amex’s earnings beat analyst estimates on revenue but missed on EPS. What’s at stake: Amex is in the midst of a refresh of its premium…

President Donald Trump’s call for a temporary 10% cap on credit card interest rates, if implemented, could have significant impacts — both positive and negative —…

Jamie Dimon, CEO of JPMorgan Chase, speaks at the American Business Forum at the Kaseya Center in Miami on Nov. 6, 2025.Chandan Khanna | AFP |…

President Donald Trump on Wednesday urged U.S. lawmakers to pass legislation to limit credit card rates to 10%, following his social media post this month ordering…

Key insight: Trump continued to call on Congress to pass credit card legislation. Expert quote: “Whatever happened to usury?”  — President Donald Trump.What’s at stake: Earlier in…

Key insight: Treasury Secretary Scott Bessent avoided confronting the rate cap directly, but argued banks already are benefitting from deregulation elsewhere.Supporting data: Bessent argued that banks…

Earlier this week, President Donald Trump took to social media in support of a cap on credit card interest rates, saying Americans are being “ripped off”…

Key insight: Bank CEOs are expressing alarm about the potential impacts of President Trump’s call for a 10% limit on credit-card interest rates.What’s at stake: Credit-card…

Maskot | Digitalvision | Getty ImagesThe IRS has announced new 401(k) contribution limits for 2026.In its release Thursday, the agency increased the employee deferral limit to $24,500 next…

The IRS has unveiled the individual retirement account contribution limits for 2026.In its release Thursday, the agency increased the 2026 IRA contribution limit to $7,500, up from $7,000…