As he sought to recapture the White House in 2024, Donald Trump promised to “put a temporary cap on credit card interest rates at 10%.” During his presidency, bipartisan lawmakers have introduced bills to cap credit card interest rates, but they’ve failed to advance.
Sens. Bernie Sanders, I-Vt., and Josh Hawley,
» Read more about: Bills to cap credit card interest rates languish in Congress »
US stocks rose to eke out fresh record highs on Thursday, as Nvidia (NVDA) ticked higher following a major milestone and bitcoin (BTC-USD) surged to a new record amid fresh tariff threats from President Trump.
The Dow Jones Industrial Average (^DJI) rose around 0.4% on the heels of a winning day for the major gauges.
Social Security, which pays out more than a trillion in benefits to millions of Americans, is set to deplete its trust fund by 2034.
Although retirees will still get benefits, the payouts will be significantly lower and are expected to be cut by 23%.
The system is currently paying out more in benefits than the amount of payroll taxes it brings in due to lower birth rates,
» Read more about: How Trump’s immigration policies could threaten Social Security »
Delta surged 12%, bringing other airlines along with it, after beating Wall Street’s revenue and profit targets. The Atlanta airline also gave a more optimistic view for the remaining summer travel season than it had just a couple months ago.
The airline and other major U.S. carriers had pulled or slashed their forecasts in the spring,
» Read more about: Stocks close higher, nudging the S&P 500 and Nasdaq to more highs »
NEW YORK – Wall Street stocks edged higher on July 10, lifting major indices to records as traders shrugged off worries about US tariffs while strong Delta earnings sent airline shares upward.
The Nasdaq Composite Index added 0.1 per cent at 20,630.66, notching a second straight record, while the broad-based S&P 500 climbed 0.3 per cent to 6,280.46,
» Read more about: S&P 500, Nasdaq edge to fresh records despite tariff fog »
NEW YORK :The S&P 500 and Nasdaq registered record closing highs on Thursday, and Nvidia’s market value closed above $4 trillion for the first time, while the Brazilian real recovered some losses following U.S. President Donald Trump’s announcement of a 50 per cent tariff on the country’s goods.
Also helping Wall Street,
» Read more about: S&P 500, Nasdaq post record closes, Nvidia closing valuation $4 trillion »
U.S. equity futures were little changed Thursday evening after investors continued piling into risk assets, sending the S&P 500 and Nasdaq Composite to new closing records.
Futures tied to the benchmark S&P 500 edged higher by 0.04%. Nasdaq 100 futures rose 0.08%. Dow Jones Industrial Average futures were also flat.
The S&P 500 and Nasdaq set a new record on Thursday as airlines and tech led equities higher.
RICHMOND, Va. (WDBJ) – Interstate 81 will be receiving investments for improvements on safety, decongestion and reliability, the governor’s office announced in a press release on Thursday, July 10.
“From Winchester to Bristol, Interstate 81 is the backbone of western Virginia, playing a critical role in supporting our state’s economy,” said Governor Glenn Youngkin.
» Read more about: Gov. Glenn Youngkin lauds investments and improvements to Interstate 81 »
Florida’s top prosecutor is seeking a diverse range of documents from the trading firm.
The Robinhood trading app is under investigation by Attorney General James Uthmeier for what the state’s top prosecutor says are allegations of violating the Florida Deceptive and Unfair Practices Act.