Donald Trump, JPMorgan Chase and credit card cap
Digest more
Fed, Trump and Powell
Digest more
1don MSN
JPMorgan Chase, AmEx, Capital One and more stocks dive. Trump’s credit-card plan sparks panic.
Citigroup, JPMorgan Chase, American Express, Bank of America, and other financial stocks fell Monday after President Donald Trump called for a cap of 10% on credit-card interest rates as part of his push to ease affordability concerns.
16hon MSN
JPMorgan Chase profits rise 9% in the fourth quarter excluding hit from the Apple Card acquisition
JPMorgan Chase is reporting a 9% rise in adjusted profits for the fourth quarter, benefiting from a strong economy in both consumer and investment banking.
A number of banking and financial stocks slumped Monday after Trump over the weekend suggested that credit card interest rates should be capped.