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Wall Street hits back at Trump’s plan to limit interest on credit cards

Banks such as Citigroup and Wells Fargo say capping rates would limit credit and hurt economic growth...

6dFinancial TimesPoliticsImpact

Microsoft explains how it plans to keep energy prices down for Americans from its data center buildout

Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...

Jan 13Business InsiderTechnologyImpact

How business leaders are responding to Trump's plan to cap credit card interest rates, from JPMorgan to SoFi

Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...

6dBusiness InsiderPoliticsImpact

Crypto’s 2026 comeback hinges on three outcomes, Wintermute says

Bitcoin’s muted 2025 rally and fading altcoin cycle point to a structural market shift, leaving crypto’s 2026 outlook tied to institutions, rates and retail return....

Jan 13CoinTelegraphcryptocurrencyImpact

Bilt unveils credit cards with 10% interest rate for first year after Trump calls for cap

Bilt Rewards CEO Ankur Jain Taylor Hill/Getty Images Trump has called for a 10% cap on credit card interest rates. Bilt is rolling out a new suite of 3 credit cards offering 10% interest for the first...

6dBusiness InsidereconomicsImpact

Private credit investors pull $7bn from Wall Street’s biggest funds

Funds managed by Apollo, Ares and Blackstone were among those hit by redemption requests in late 2025...

3dFinancial TimeseconomicsImpact

Washington sees tariffs as geopolitical tool, US trade chief tells Euronews

The US trade chief also explicitly warned the EU against activating its anti-coercion instrument, an emergency mechanism that would restrict US companies' ability to operate in European markets, calli...

10hEuronewsPoliticsImpact

Trump moves on the Fed, Italy warns ‘fin-fluencers’: Global Express

US President Donald Trump is bringing criminal charges against the head of the Fed in what many see as a political move motivated by a desire for lower interest rates....

4dCoinTelegraphPoliticsImpact

Wind power slashed 4.6B euros off electricity bills in Spain last year

Article URL: https://www.surinenglish.com/spain/wind-power-slashes-billion-euros-off-electricity-bills-20251217082020-nt.html Comments URL: https://news.ycombinator.com/item?id=46622463 Points: 39 # C...

6dHacker NewseconomicsImpact

Point72 sells off stakes of fintech startups to Goldman Sachs and others

Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...

6dBusiness InsidereconomicsImpact

China’s big people shortage just got bigger, and the risks are growing too

Adek Berry/Getty Images China's population declined for the fourth year in a row, reaching 1.405 billion. Falling birth rates and an aging population threaten China's economy and the global economy. G...

1dBusiness Insiderworld_newsImpact

Crypto sells off amidst Trump Tariff Turmoil! $Trove falls 90% in awful TGE! Pump Fund announced!

Crypto majors are red following Trump’s tariff turmoil; BTC -2% at $91,100; ETH -4% at $3,105, SOL -3% at $129; XRP -2% to $1.93. CC (+12%), MYX (+5%) and SYRUP (+4%) led top movers. The NYSE began pr...

11hDecryptcryptocurrencyImpact

Dell tells staff to get ready for the 'biggest transformation in company history.' Read the memo.

Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...

Jan 13Business InsidereconomicsImpact

JPMorgan's CFO warns cutting credit card interest could make the business not worth being in

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...

Jan 13Business InsidereconomicsImpact

Microsoft chief Satya Nadella warns AI boom could falter without wider adoption

Big tech boss tells delegates at Davos that broader global use is essential if technology is to deliver lasting growth...

16hFinancial TimesTechnologyImpact

These three XRP charts hint at a price rally toward $2.80

XRP’s technical and onchain signals hint at a bullish breakout, with bulls eyeing a significant rally toward $2.80 by the month’s end....

5dCoinTelegraphcryptocurrency

Bessent meets China’s He Lifeng in Davos, praises trade progress on soybeans, rare earths

US Treasury Secretary Scott Bessent said he met with his Chinese counterpart, Vice-Premier He Lifeng, on Monday on the sidelines of the World Economic Forum in Davos. The two men have been the primary...

12hSouth China Morning PostPoliticsImpact

How to de-risk from America

There is no precedent of a dominant power abandoning its primacy, as Trump is doing...

Jan 13Financial TimesPolitics

Executives' favorite explanation for spending big on AI: FOMO

JPMorgan's CEO Jamie Dimon Noam Galai via Getty Images This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here . If you're ...

6dBusiness Insidereconomics

Trump's sweeping proposals for credit cards and student debt could be a big deal for other lenders

Proposed policy changes could lead more consumers to turn to private or personal loans. Tatiana Maksimova/Getty Images New caps on student-loan borrowing could prompt more Americans to turn to private...

6dBusiness InsidereconomicsImpact
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