How Trump’s proposed cap on credit card rates could reshape consumer lending
It could wipe out billions of dollars in interest income for banks and card issuers, and result in them tightening credit boxes A proposed…
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It could wipe out billions of dollars in interest income for banks and card issuers, and result in them tightening credit boxes A proposed…
She will guide overall strategy with a particular focus on Meta’s AI infrastructure efforts Meta Platforms has appointed a former top…
“It’s too bad that the Ballroom hasn’t completed because, if it were, it would be PACKED,” Trump continued. “We apologize to those Oil…
“It’s too bad that the Ballroom hasn’t completed because, if it were, it would be PACKED,” Trump continued. “We apologize to those Oil…
It will house the new business within its wholly owned venture capital unit, SC Ventures Standard Chartered plans to set up a prime…
The Agriculture Department’s new-look food pyramid, released last week to accompany a new set of Dietary Guidelines for Americans, appears…
Legacy foreign carmakers such as Volkswagen have ceded share to Chinese rivals due to a slower shift to EVs Volkswagen was overtaken by…
Malaysia’s state energy company Petroliam Nasional Berhad (Petronas) said on Monday (Jan 12) it has filed a motion at the country’s top…
The following is a lightly edited transcript of the January 12 episode of the Daily Blast podcast. Listen to it here. Greg Sargent: This…
Data suggests the labour market is holding, aiding belief that the Fed will leave borrowing costs unchanged at its January meeting…
Hou Wey Fook is confident that AI-related optimism is based on sound fundamentals The so-called “artificial intelligence (AI) bubble”,…
A military incursion into Latin America. A war to control another country’s oil. A corrupt administration engineering spectacle (“We want…
Indeed, as Kessler noted in his final Fact Check column, fact-checking is in retreat everywhere. Meta ended its fact-checking program…
It’s worth asking how things came to this. We’ve done a lot of terrible things over the decades—installed dictators who imprisoned and…
British Land CEO Simon Carter plans to step down this year to join European logistics developer P3 Logistics Parks, the real estate group…
The Malaysian businessman succeeds Ng Ser Miang, who steps down on Jan 31 after a decade Mainboard-listed Thomson Medical Group has…
The other day, five Senate Republicans helped pass a measure blocking President Trump’s authority to wage war in Venezuela without…
The lender warns the proposal would add huge costs and threaten the continuation of its successful business model UBS on Monday (Jan 12)…
South Korean authorities summoned seven local banks last week to question them about increasing US dollar deposits, officials and bank…
Some of these young women—part of a corps of thousands of young Mormons on assignment around the world, including the church’s own…
Bombs over Latin America: It’s giving Wag the Dog, if you ask me. The administration, seemingly hot to bring back neoconservative military…
The automaker’s pullback comes as Detroit carmakers reassess electric-vehicle spending amid policy changes under US President Donald Trump…
The data centre construction boom has also prompted major players, including Meta Platforms OpenAI and SoftBank Group will invest US$500…
The company and other computer and device makers have been under pressure from rising prices for components such as memory chips Apple…