Year: 2026
Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise
Key Points President Donald Trump urged Congress to pass a law limiting credit card interest rates to 10%. It followed a social media post where he urged banks to set that cap. The banking industry has criticized the proposal. Source
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Pending home sales drop sharply in December, dampening 2026 outlook
An “Open House” sign outside a home in Palm Beach Gardens, Florida, US, on Sunday, Jan. 11, 2026. Zak Bennett | Bloomberg | Getty Images Stagnant mortgage rates, falling housing supply and ongoing economic uncertainty weighed heavily on homebuyers in December. Pending home sales, a measure of signed contracts on existing homes, dropped 9.3% last […]
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European lawmakers suspend U.S. trade deal amid Greenland tariff tensions
European lawmakers on Wednesday suspended the approval of the trade deal the EU and U.S. agreed in July. In a statement on Wednesday, European Parliament member Bernd Lange, and INTA chair on EU-US trade relations, said the recent plans by President Donald Trump to impose tariffs of between 10% to 25% on European nations go […]
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Amazon launches AI health-care tool for One Medical members
Dr. Stephanie Long (right), MD, of One Medical Group takes the blood pressure of Danielle Greene (left), who is 20 weeks pregnant, during a prenatal appointment on Thursday, February 4, 2016 in San Francisco, Calif. Lea Suzuki | San Francisco Chronicle | Getty Images Amazon on Wednesday rolled out an artificial intelligence health-care assistant for […]
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OpenAI, Anthropic set sights on enterprise customers at Davos
Artificial intelligence startups OpenAI and Anthropic have their sights set on enterprise customers this year as they race to win more revenue, users and market share. In separate interviews with CNBC at the World Economic Forum in Davos, Switzerland on Wednesday, Anthropic CEO Dario Amodei and OpenAI CFO Sarah Friar highlighted enterprise as a key […]
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Trump tells world leaders: Europe is not heading in the right direction
U.S. President Donald Trump attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 21, 2026. Denis Balibouse | Reuters U.S. President Donald Trump said on Wednesday some areas of Europe are no longer recognizable — and that the continent was “not heading in the right direction.” Trump lauded what he described […]
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How Greenland went from backburner issue to geopolitical flashpoint in just 2 weeks
US President Donald Trump speaks during a briefing in the Brady Briefing Room of the White House in Washington, DC, on Jan. 20, 2026. Saul Loeb | AFP | Getty Images The future of Greenland has shot up the geopolitical agenda in just two weeks, with warnings of potential military action and talk of the […]
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YouTube chief says ‘managing AI slop’ is a priority for 2026
Neal Mohan, the CEO of YouTube speaks during a panel for the Summit for Democracy on March 30, 2023 in Washington, DC. Anna Moneymaker | Getty Images YouTube CEO Neal Mohan said reducing “AI slop” and detecting deepfakes are priorities for the Google-owned video site in 2026. “It’s becoming harder to detect what’s real and […]
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Jamie Dimon says U.S. should impose Trump’s credit card rate cap in Vermont and Massachusetts
Jamie Dimon, CEO of JPMorgan Chase, speaks at the American Business Forum at the Kaseya Center in Miami on Nov. 6, 2025. Chandan Khanna | AFP | Getty Images JPMorgan Chase CEO Jamie Dimon on Wednesday advocated for a test of President Donald Trump’s proposed 10% cap on credit card interest rates in two U.S. […]
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Meta’s $2 billion Manus deal pushes away some of startup’s customers, who are ‘sad that this has happened’
When Meta agreed to spend a reported $2 billion on Manus at the end of last year, the social media giant said it planned to take the startup’s subscription AI agent offering and “scale this service to many more businesses.” But some existing Manus customers aren’t thrilled with the deal and say they’re now going […]
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