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Credit Card Stocks Sink After Trump Proposes 10% Cap On Fees: 'Yikes'
Shares in major credit card lenders tumbled in early trading Monday after President Trump proposed a 10% cap on the fees these cards charge customers.
Bond Traders’ Big Bet For 2026 Vindicated By Soft US Job Growth
Bond investors’ overarching wager on the path of the Federal Reserve and the Treasuries market in 2026 looks like it has room to run.
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It Sounds Like Trump Now Has A New Minimum Tariff Rate: 15%
President Trump set a new rhetorical floor for tariffs on Wednesday night in comments that have been backed up by recent deals.
Raymond James And Ameriprise Deliver Solid Wealth Management Quarterly Earnings
Raymond James and Ameriprise Financial delivered solid quarterly earnings from their wealth management units with accelerated advisor recruitment.
JPMorgan, BofA Leaders Subpoenaed By US Lawmakers Over CATL IPO
JPMorgan and Bank of America Corp. were subpoenaed by US lawmakers over their role in the initial public offering of Chinese battery maker.
Blackstone's Profit Tops Estimate on Credit Strength, Fee Gains
Blackstone beat second-quarter profit expectations on strong gains in its credit and private equity businesses.