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Big Banks Push Back On Trump's Credit Card Cap, Warning Of 'Significant' Economic Slowdown
Some of America’s top bankers are warning that the president’s cap on credit card interest rates would prove disastrous for lower-income consumers.
Growing Number Of Options Traders See No Fed Cuts In 2026
Traders focused on options are increasingly pricing out expectations for any Federal Reserve interest rate cuts in 2026.
Recent
June Inflation Data Reaffirms Fed Pause as Tariff Uncertainty Grows
June's Consumer Price Index (CPI) report likely gives the Federal Reserve room to continue its wait-and-see approach to cutting rates.
Citigroup Considers Issuing Its Own Stablecoin, CEO Says
Citigroup may issue its own stablecoin in effort to facilitate digital payments bank's CEO Jane Fraser told analysts on post-earnings conference call.
BofA Says 'Toppy' Sentiment to Spark Stocks Rotation Not Retreat
Investor sentiment surged in July to its most bullish since February, driven by the biggest jump in profit optimism in five years.
