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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...

5hBusiness InsiderPoliticsImpact

The world's central bankers are rallying around Fed chair Jerome Powell in his fight with Trump

Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....

1dBusiness InsiderPoliticsImpact

'Little appetite for regime change’: Trump offers 'help' for Iran's protesters, but what can he do?

US President Donald Trump told Iranian protesters on Tuesday that “help is on its way” as he weighed options to punish Tehran for its brutal crackdown. As the threat of military action looms, analysts...

22hFrance 24PoliticsImpact

Not ‘Trump-compatible’? China expert Rudd exits Australia’s US ambassador role

Australia’s former prime minister and a prominent China scholar, Kevin Rudd, will step down as ambassador to the United States a year ahead of schedule, a move some analysts say underscores a fundamen...

17hSouth China Morning PostPoliticsImpact

Is India fuelling an arms race in Asia or closing a deterrence gap?

In 2025, India approved a number of major defence packages, together worth US$30 billion. Such rapid procurement approvals are relatively rare by Indian standards. However, what they signal to the reg...

18hSouth China Morning PostPoliticsImpact

Ex-refugee and former Iraqi president takes over UN's refugee agency

Bahram Salih, the new head of the UN's refugee agency says that he knows the pain of being ripped from all one knows. The former Iraqi president has just taken over the UNHCR and headed to Kakuma refu...

1dFrance 24world_newsImpact

Republican bill pushes to make Greenland 51st US state amid Trump’s bold arctic move

A Republican congressman from Florida introduced a bill on Monday to annex Greenland and make it the 51st US state as President Donald Trump threatens to seize the autonomous Danish territory. Trump h...

1dSouth China Morning PostPoliticsImpact

Germany’s Merz pledges to fast track India-EU trade deal during first official Asia visit

German Chancellor Friedrich Merz’s first visit to Asia has raised India’s hopes for a long-awaited trade pact with the European Union as Berlin pushes for deeper engagement with South Asia amid height...

1dSouth China Morning PostPoliticsImpact

BBC moves to dismiss Trump’s US$10 billion lawsuit over Capitol riot documentary

The BBC intends to ask a US federal court in Florida to dismiss a US$10 billion lawsuit brought by US President Donald Trump against the British broadcaster, according to newly filed court documents. ...

1dSouth China Morning PostPolitics

Read Jerome Powell's letter to senators following his testimony about renovations to the Fed building

Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...

10hBusiness InsiderPoliticsImpact

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...

5hBusiness InsidereconomicsImpact

Powell criminal probe upends Trump's search for a new Fed chair

White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...

1dBusiness InsiderPoliticsImpact
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