Bank of America may introduce credit card with 10% APR
Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
Last updated: 2026-01-26 11:05:06 ET
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Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
Turkey’s central bank reduced borrowing costs for a fifth meeting in a row, cutting its benchmark rate to 37% from 38.0%.
Two different nursing school programs in Ohio offer a glimpse into what may happen when federal student borrowing has limits.
Policymakers said inflation was still too high, with the underlying measure hovering around 3% and a restrictive monetary policy remained necessary.
More money than expected was collected through tax and higher National Insurance Contributions, although public sector spending also increased.
President Donald Trump on Wednesday intensified pressure on the Federal Reserve to lower interest rates while defending his administration's aggressive housing market policies, arguing that institutional investors and high borrowing costs have priced...