News
Important Only
Consumer Bankers Association Says Banks Respond To Proposed Cap On Credit Card Interest Rates In The US
Jan 9 (Reuters) - CONSUMER BANKERS ASSOCIATION: BANKS RESPOND TO PROPOSED CAP ON CREDIT CARD INTEREST RATES IN THE USCONSUMER BANKERS ASSOCIATION: SHARE THE PRESIDENT’S GOAL OF HELPING AMERICANS ACCESS MORE AFFORDABLE CREDITCONSUMER BANKERS ASSOCIATION: HOWEVER, EVIDENCE SHOWS THAT A 10% INTEREST R...Reuters
Sat, Jan 10
Washington National Opera latest to leave Kennedy Center after Trump takeover
Opera official has cited box office collapse, 'shattered' donorsCenter says departure supports its financial stabilityTrump asserted control, was added to center's name last yearKennedy Center has been home to Washington National Opera since 1971By Kanishka Singh and Bhargav Acharya W...Reuters
Sat, Jan 10
Bessent says US Treasury can easily cover any tariff refunds
U.S. Treasury has nearly $800 billion in cash on handBessent says any tariff refunds would be 'corporate boondoggle'Tariffs not contributing to U.S. inflation, Bessent saysBy David Lawder SAVAGE, Minnesota, Jan 9 (Reuters) - The U.S. Treasury has more than adequate funds to pay any tariff...Reuters
Sat, Jan 10
Bill Ackman says Trump's call for a one-year cap on credit card interest rates 'a mistake'
Jan 9 (Reuters) - U.S. hedge fund manager Bill Ackman said on Friday that U.S. President Donald Trump's call for a one-year cap on credit card interest rates at 10% starting on January 20 "is a mistake". "Without being able to charge rates adequate enough to cover losses and earn an ...Reuters
Sat, Jan 10
Walmart to replace Astrazeneca on Nasdaq-100 on Jan 20
Jan 9 (Reuters) - Walmart WMT.O will replace British drugmaker AstraZeneca AZN.L in the Nasdaq-100 Index on January 20, the exchange operator NDAQ.O said on Friday.The retail giant said in November it would shift its longtime listing on the New York Stock Exchange to its main rival.Companies typical...Reuters
Sat, Jan 10
Oil tanker Minerva returning to Venezuelan waters, Venezuela says
Jan 9 (Reuters) - The U.S. and Venezuela carried out a joint operation to return the oil tanker Minerva to Venezuelan waters, the South American nation's oil ministry and state-run oil firm PDVSA said in a joint statement on Friday.The ship had taken off "without payment or authorization by ...Reuters
Sat, Jan 10
Trump calls for one year cap on credit card interest rates of 10%
WASHINGTON, Jan 9 (Reuters) - U.S. President Donald Trump said on Friday he was calling for a one year cap on credit card interest rates of 10% starting January 20."Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10...Reuters
Sat, Jan 10
Weekend Talk Shows/Jan. 10-11
THE REUTERS TV WEEKEND DAYBOOK Saturday and Sunday ----- The daybook editor is Timothy Ryan (reachable at 202-843-6282 or Tim.Ryan@TR.com or DCDaybook@yahoo.com). Subscribers: For any problems in receiving daybook content, call: 1-833-282-6915 and press 1. ...Reuters
Sat, Jan 10
Judge blocks Trump from freezing $10 billion in child, family aid to five US states
By Jonathan Stempel and Blake Brittain NEW YORK, Jan 9 (Reuters) - A U.S. judge on Friday temporarily blocked President Donald Trump's administration from freezing access by five Democratic-led states to more than $10 billion of federal funds for childcare and family assistance based on what ...Reuters
Sat, Jan 10
Bessent says US Treasury can easily cover any tariff refunds
By David LawderSAVAGE, Minnesota, Jan 9 (Reuters) - The U.S. Treasury has more than adequate funds to pay any tariff refunds ordered if the Supreme Court rules against President Donald Trump's emergency tariffs, but any repayments would be spread out over weeks or even a year, U.S. Treasury Secr...Reuters
Sat, Jan 10
New video emerges of Minnesota shooting, further inflaming tensions
Minnesota officials say they have jurisdiction to determine whether charges are warrantedMinneapolis mayor accuses Trump administration of predetermining probeTrust severely frayed between federal and local, state leadersBy Renee Hickman, Brad Brooks and Joseph Ax MINNEAPOLIS, Jan 9 (Reuters) - T...Reuters
Sat, Jan 10
Bessent says overseas money transfers are fine if people can prove origin of funds
By David Lawder SAVAGE, Minnesota, Jan 9 (Reuters) - The U.S. Treasury Department's plan to increase scrutiny of overseas transfers of money should not harm people who can prove the funds did not come from social service payments, U.S. Treasury Secretary Scott Bessent told Reuters on Friday.B...Reuters
Sat, Jan 10
US FTC wins ruling blocking Edwards Lifesciences' acquisition of JenaValve
Jan 9 (Reuters) - The U.S. Federal Trade Commission won a ruling on Friday blocking Edwards Lifesciences' EW.N acquisition of JenaValve Technology, court records showed.The FTC sued in August, saying the deal would decrease competition in the market for a device meant to treat a potentially fata...Reuters
Sat, Jan 10
Bessent: Goal of MBS buys is to match Fed run-off
Treasury's Bessent: MBS buybacks aim to match Fed's $15 bln monthly roll-offTrump orders $200 bln bond purchases to address housing affordabilityBessent: Buybacks may boost Fannie Mae, Freddie Mac earningsBy David LawderSAVAGE, Minnesota, Jan 9 (Reuters) - U.S. Treasury Secretary Scott Besse...Reuters
Sat, Jan 10
FCC approves SpaceX plan to deploy an additional 7,500 Starlink satellites
FCC approves 7,500 more Starlink satellites for SpaceXFCC allows SpaceX to upgrade satellites, operate on five frequenciesSpaceX must launch 50% of satellites by December 2028By David Shepardson WASHINGTON, Jan 9 (Reuters) - The Federal Communications Commission said on Friday it has approved Spa...Reuters
Fri, Jan 9
Edwards Says Co Will Not Acquire Jenavalve
Jan 9 (Reuters) - Edwards Lifesciences Corp EW.N:EDWARDS COMMENTS ON JENAVALVE ACQUISITIONEDWARDS LIFESCIENCES CORP - REVISES 2026 EPS GUIDANCE TO $2.90-$3.05EDWARDS LIFESCIENCES CORP - FTC BLOCKS EDWARDS' ACQUISITION OF JENAVALVEEDWARDS LIFESCIENCES CORP: EDWARDS WILL NOT ACQUIRE JENAVALVEReuters
Fri, Jan 9
Dermatology firm Veradermics discloses wider loss in US IPO paperwork
Jan 9 (Reuters) - Clinical-stage dermatology company Veradermics filed for an initial public offering in the United States on Friday and reported wider losses for the first nine months of 2025.The New Haven, Connecticut-based company reported a net loss attributable to common stockholders of about $...Reuters
Fri, Jan 9
