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% cap on the interest rate they can charge customers. The move sent shares of large banks including Citigroup, JPMorgan Chase, Wells Fargo and Bank of America down between 1% … Read more
Traders work on the floor at the New York Stock Exchange in New York City, U.S., Dec. 15, 2025. Brendan McDermid | Reuters Stocks fell Monday after the Department of Justice opened a criminal investigation into Federal Reserve Chair Jerome Powell, an apparent escalation by President Donald Trump in his attempt to pressure the central … Read more
Banks and financial services stocks slid Monday after U.S. President Donald Trump called for a one-year cap on credit card interest rates at 10%. Citi Group lost almost 4% in premarket trading and JPMorgan Chase was last seen down 2.88%, paring some earlier losses. Bank of America fell 2.36%, Visa declined 1.94%, and Mastercard was 2.21% … Read more
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
CNBC’s Jim Cramer said Friday that investors shouldn’t read too much into uneventful unemployment data, arguing that a lack of surprises on the labor front is actually giving the market room to reveal the real story: a broad-based rally spreading well beyond last year’s winners. “When you get an employment report that’s basically uneventful, it … Read more
The earnings season that kicks off next week looms large for stock pickers, and could cement the recent broadening out of the bull market. Inflation data is also on the docket. The 2026 stock market that’s taking shape is looking different from what came before. While the S & P 500 is widely forecast on Wall … Read more
Various Halliburton equipment being stored at the equipment yard in Alvarado, Texas. Cooper Neill | Reuters Fresh off a bumper 2025, retail investors are rushing back into the market with a focus on energy stocks. Everyday traders bought at the second-highest level in almost eight months at the start of 2026’s trading year, according to … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Jan. 5, 2026. Michael Nagle | Bloomberg | Getty Images The S&P 500 and Dow Jones Industrial Average notched fresh all-time intraday records on Wednesday, building on their strong starts to 2026, though the rally has lost … Read more
My top 10 things to watch Wednesday, Jan. 7 1. Stocks were little changed this morning after the S & P 500 reached new highs. The index advanced yesterday as Wall Street brushed off concerns about the U.S. operation in Venezuela over the weekend. Meanwhile, the latest ADP data showed that American companies added a … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 22, 2025. Michael Nagle | Bloomberg | Getty Images Stock futures traded near the flatline Monday night after a strong start to a shortened trading week. Futures tied to the Dow Jones Industrial Average lost 9 … Read more