Banking Sector
In a move that has sent shockwaves through the American financial system, the Trump administration has officially proposed a national 10% cap on credit card interest rates. The announcement, which was first teased via social media late Friday evening, January 9, 2026, has triggered a massive sell-off across the banking
finance
The financial markets opened to a sea of red this Monday morning as President Donald Trump’s latest economic offensive—a proposed 10% cap on credit card interest rates—sent shockwaves through the banking sector. The announcement, which the President teased in a late-night social media post on January 9,
Federal Reserve
As of Monday, October 27, 2025, financial markets are on high alert, with a Federal Reserve interest rate cut widely anticipated this week, expected to be announced following the Federal Open Market Committee (FOMC) meeting concluding on Wednesday, October 29. This move, which would likely see a 25-basis-point reduction in