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Credit Card Interest Rate Cap: What's the Deal?

January 12, 2026

Big changes might be coming to credit card interest rates. President Donald Trump recently suggested a temporary limit on these rates. He wants a 10% cap for one year, starting in January 2026. This news didn't sit well with banks and financial companies. Their stock prices dropped on Monday. Citi

finance

Bank Stocks Take a Hit: What's Shaking Up the Market?

October 18, 2025

The stock market is feeling the heat today, especially bank stocks. The Nasdaq 100 futures are down, and the VIX "fear" index has spiked. This is the highest it's been since last April when President Trump announced new tariffs. Two banks, Zions Bancorporation and Western Alliance Bank, revealed th

finance

Bank stocks jump after the Fed's expected 2025 stress test

February 6, 2025

Imagine this: Bank shares going up because the Federal Reserve, the central bank, just did something unexpected with the yearly economic challenges banks. Banking experts are seeing less obstacles ahead for the banks in 2025. The Fed just updated the future financial crisis's expected, hypo

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