Five days after Trump’s demand to cap credit card rates, bankers and lobbyists told CNBC they have yet to receive any formal or written guidance on the policy.
Stocks making the biggest moves midday: Biogen, Rivian, Bank of America, Airbnb & more
These are the stocks posting the largest moves in midday trading.
Sen. Warren says Trump called her to work on credit card interest rate caps
Republicans on Capitol Hill have lightly thrown cold water on capping credit card interest at 10%.
Airlines to save big money on fuel as new weight-loss pills gain popularity, Wall Street says
Jefferies argued that a 10% reduction in average passenger weight could translate into roughly 2% total aircraft weight savings.
Wholesale inflation was softer than expected, retail sales moved higher in November
Wholesale prices moved up less than expected while consumers kept up a heavy buying pace, according to economic data Wednesday.
Citigroup earnings are out – Here are the numbers
Under CEO Jane Fraser, Citigroup is in the midst of a restructuring, selling off parts of its overseas operations.
Buffett’s philanthropic challenge: Here’s what to know
Warren Buffett’s three children are facing one of the toughest and important jobs in philanthropy. CNBC’s Robert Frank joins ‘Squawk Box’ with the details.
Stocks making the biggest moves premarket: Wells Fargo, Bank of America, Netflix & more
These are the stocks posting the largest moves in premarket trading.
Bank of America tops estimates on better-than-expected net interest income
Bank of America, the second-largest U.S. bank by assets, has been a beneficiary of the industry’s recent tailwinds.
China’s annual trade surplus hits a record $1.2 trillion as December exports sharply beat estimates
China’s exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high.