Verizon will offer customers impacted by a seven-hour outage a $20 credit, the company confirmed to USA TODAY. The nation's largest wireless network outage began around 12:30 p.m. ET on Wednesday, Jan ...

Bankers argue that the proposal is often framed as consumer‑friendly, but consumers could face reduced access to affordable credit. Some 47 percent of credit cardholders report having a credit card ...

Trump called for a one-year cap on credit card interest rates at 10%. For years, limited regulation has allowed companies to charge high rates, and consumers have fallen further into debt. Some ...

Jan 12 (Reuters) - U.S. financial stocks and UK-listed lenders fell on Monday as President Donald Trump's call for a one-year cap on credit card interest rates threatened a key revenue stream for the ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Thana Prasongsin / Getty Images The average credit card balance ...

President Trump on Friday called on credit card companies to cap interest rates at 10% for one year, beginning later this month. “Please be informed that we will no longer let the American Public be ...

NEW YORK — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate ...

President Donald Trump says he’s keeping a campaign promise to make carrying credit-card debt cheaper for Americans, writing in a social-media post Friday night that he would cap interest rates on ...

President Donald Trump announced Friday he is calling for a one-year cap limiting credit card interest rates to 10%. Trump blamed the Biden administration for allowing rates to rise as high as 20–30%, ...

President Donald Trump has called on credit card companies to cap interest rates at 10 percent for a year, effective from Jan. 20, without specifying how the proposal could be implemented or enforced.

No law dictating a 10% interest rate cap is on the books, and passing one through both chambers in just over a week would be a major challenge. An effort to impose an executive order on private-sector ...