Browsing: Cap

Key insight: Bank CEOs are expressing alarm about the potential impacts of President Trump’s call for a 10% limit on credit card interest rates.What’s at stake:…

US President Donald Trump during a meeting with oil executives in the East Room of the White House in Washington, DC, US, on Friday, Jan. 9,…

Key insights: A 10% interest-rate cap could reduce lending volume and earnings for payment companies.What’s at stake: Credit card debt is at record highs, with consumers…

Bank executives were sent scrambling over the weekend after President Donald Trump declared late Friday that American credit card companies would be subject to a 10%…

Maskot | Digitalvision | Getty ImagesThe IRS has announced new 401(k) contribution limits for 2026.In its release Thursday, the agency increased the employee deferral limit to $24,500 next…

The IRS has unveiled the individual retirement account contribution limits for 2026.In its release Thursday, the agency increased the 2026 IRA contribution limit to $7,500, up from $7,000…

Next year, millions of workers will be subject to a new maximum earnings threshold for Social Security payroll taxes.The Social Security maximum taxable earnings will be…

Years ago, a friend of mine asked me for a stock recommendation or two. “I need to make some money,” he said. I told him I…

Congress can and should enact meaningful deposit insurance reform, but the current proposal before lawmakers is misguided, writes Christopher Williston, of the Independent Bankers Association of…

TD Bank has shrunk its U.S. business by $48 billion since it was hit with an asset cap last October, as the Canadian megabank makes room…