Trump calls for one-year cap on credit card interest rates at 10%

Trump calls for one-year cap on credit card interest rates at 10%

A shopper pays with a credit card at the farmer’s market in San Francisco on March 27, 2025. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump said on Friday he was calling for a one-year cap on credit card interest rates at 10% starting on Jan. 20, but he did not provide details … Read more

Bernie Sanders and Ron DeSantis speak out against data center boom. It’s a bad sign for AI industry

Bernie Sanders and Ron DeSantis speak out against data center boom. It’s a bad sign for AI industry

Democratic Socialist Sen. Bernie Sanders and right-wing Gov. Ron DeSantis agree on virtually nothing. But they found common ground this year as leading skeptics of the artificial intelligence industry’s data center boom. The alignment of two national figures on the left and right signals that a political reckoning is brewing over the AI industry’s impact … Read more

September jobs report will be out Thursday as first data since shutdown starts to trickle out

September jobs report will be out Thursday as first data since shutdown starts to trickle out

Job seekers wait to enter the SacJobs Career job fair in Sacramento, California, US, on Thursday, Nov. 13, 2025. David Paul Morris | Bloomberg | Getty Images The first economic data report that went unreleased due to the government shutdown will be released next week, the Bureau of Labor Statistics said Friday. As the U.S. … Read more

Senate passes first stage of deal that could end government shutdown

Senate passes first stage of deal that could end government shutdown

The U.S. Capitol is shown up North Capitol Street on Nov. 6, 2025 in Washington, DC. Eric Lee | Getty Images The Senate late Sunday night passed the first stage of a deal that would end the U.S. government shutdown, which began on Oct. 1. The procedural measure that allows other votes essential to the … Read more

Senate leader eyes potential shutdown deal but there’s no guarantee of success

Senate leader eyes potential shutdown deal but there’s no guarantee of success

Senate Majority Leader John Thune (R-S.D.) speaks to reporters during the Weekly Senate Policy Luncheon news conference on November 4, 2025 on Capitol Hill in Washington, DC. Tom Brenner | Getty Images As the Senate held a rare Sunday session, the Republican leader said a potential deal was “coming together” on the government shutdown. But … Read more