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 banks to voluntarily lower their rates. “I’m asking Congress to cap credit card interest rates at 10% for one year, and this will help millions of Americans save for […]
Trump urges Congress to enact 10% credit card interest rate cap Read More »
A drone view shows Netflix logos on buildings in the Hollywood neighborhood in Los Angeles, California, U.S., Jan. 20, 2026. Daniel Cole | Reuters Netflix jumped into the advertising business later than its media peers, but its strategy shift is starting to pay off. This week Netflix reported its fourth-quarter earnings, which were mostly overshadowed
Netflix’s advertising strategy is starting to pay off Read More »
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 | Getty Images JPMorgan Chase CEO Jamie Dimon on Wednesday advocated for a test of President Donald Trump’s proposed 10% cap on credit card interest rates in two U.S.
Jamie Dimon says U.S. should impose Trump credit card rate cap in Vermont, Massachusetts Read More »
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Ultra rich families are increasingly using their personal investment firms to bring millennial and Generation Z heirs into the fold. In a tough
When ultra rich hire family members, what to pay them can be tricky Read More »
Procter & Gamble on Thursday reported mixed quarterly results as demand for its Gillette razors and Pampers diapers fell. The company also tweaked its earnings outlook for fiscal 2026. P&G now expects net earnings per share growth in the range of 1% to 6%, down from its prior forecast of 3% to 9%. The company
Procter & Gamble (PG) Q2 2026 earnings Read More »
JPMorgan Chase CEO Jamie Dimon said Wednesday that he disagreed with President Donald Trump’s approach to immigration, offering a rare public rebuke by a U.S. corporate leader of one of Trump’s signature policies. Dimon, speaking on a panel at the World Economic Forum in Davos, Switzerland, initially praised Trump’s moves to secure the borders of
‘I don’t like what I’m seeing’ Read More »
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines is in talks with alternative investment firm Castlelake for a potential takeover as the discount airline looks for a path out
Spirit Airlines in deal talks with investment firm Castlelake Read More »
Employees work on Buick Envision SUVs at General Motors’ Dong Yue assembly plant, officially known as SAIC-GM Dong Yue Motors Co., Ltd., in Yantai, Shandong Province, China, Nov. 17, 2022. Tang Ke | Visual China Group | Getty Images DETROIT — General Motors plans to move production of a Buick compact SUV from China to
GM to move production of China-built Buick SUV to U.S. plant Read More »
An Industrious flexible office space. Courtesy: Industrious A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions,
Flex office firm Industrious is seeing major growth Read More »
Near expansive aisles of home improvement supplies, some of Lowe’s tiniest shoppers worked this Saturday on do-it-yourself projects of their own. The children, some as young as 3, sported miniature versions of the retailer’s signature red aprons while hammering together washing machine-themed piggy banks at the retailer’s kids’ workshop at the company’s store in North
Lowe’s offers kid’s events, loyalty program as Americans buy homes later Read More »
