Credit Card Cap
Goldman Sachs Defies Headwinds with Q4 Profit Beat Amid Wall Street Dealmaking Boom
Goldman Sachs reports a significant Q4 profit beat, driven by a surge in dealmaking and a strategic Apple Card portfolio divestiture, even as the broader banking sector grapples with policy uncertainties.
Trump’s 10% Credit Card Interest Cap: Banks Vow Fight Amid Economic Fears
President Donald Trump’s executive order for a temporary 10% cap on credit card interest rates has sent shockwaves through the financial sector, sparking immediate market declines and strong opposition from banking associations who warn of dire consequences for consumer credit…