On Tuesday, Sen. Josh Hawley, R-Mo., and Sen. Bernie Sanders, I-Vt., proposed a bill that would cap credit card interest rates at 10%. The legislation would be in effect for five years. For context, ...

Despite the Federal Reserve's recent cuts, credit card interest rates have been hovering near record highs. A new bipartisan bill would cap them at a dramatically lower figure, but experts say it may ...

The World Bank observed similar outcomes in other countries, including Cambodia, Kenya, and the U.K. It found that interest ...

American households are scaling a mountain of credit card debt, thanks to the inflation affordability crisis brought to us by the Biden-Harris administration. Former President Donald Trump has ...

In a seemingly peculiar bipartisan alliance, conservative House Freedom Caucus member Rep. Anna Paulina Luna, R-Fla., and Congressional Progressive Caucus member Rep. Alexandria Ocasio-Cortez, D-N.Y., ...

President Donald Trump has recently reignited a contentious debate in American finance with his proposal to cap credit card interest rates at 10%. This announcement comes amid soaring credit card debt ...

With the 2024 presidential race getting close to the home stretch, both candidates are throwing out ideas about how to handle the economy. Kamala Harris is expected to roll out new economic policy ...

Conventional wisdom has long said: where interest rates go, cap rates soon follow. In other words, when the cost of capital is high, so too is the ratio of a property’s net operating income to its ...

The Securities and Exchange Commission’s proposal to impose a 10-percent monthly interest rate cap on unsecured loans of up to P20,000 has revived a debate that global regulators, multilateral ...

The new interest rate limit for loans of P10,000 and below may make borrowing inaccessible, CitizenWatch Philippines told the Securities and Exchange Commission (SEC) on Wednesday. In its statement, ...