The president said a search that began in September and once included as many as 11 candidates is nearly over.
Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise
The episode may show the limits of President Trump’s ability to cajole the financial industry into voluntarily giving up billions of dollars in revenue.
Jamie Dimon says U.S. should impose Trump’s credit card rate cap in Vermont and Massachusetts
JPMorgan Chase CEO Jamie Dimon on Wednesday advocated for a test of President Donald Trump’s proposed credit card rate cap in Vermont and Massachusetts.
Berkshire prepares to exit 28% stake in Kraft Heinz as new CEO aims to move on from rare Buffett gaffe
The move underscores Greg Abel’s willingness to look past a deal that has long stood out as a rare blemish in Buffett’s otherwise storied record.
Stocks making the biggest moves premarket: Netflix, United Airlines, Kraft Heinz & more
These are the stocks posting the largest moves in premarket trading.
China’s investment crash raises credit risks for homebuilders, banks, government: Fitch
China’s sharp investment downturn is amplifying credit risks across the economy, weighing on the credit profiles of homebuilders, banks and local governments.
UK inflation rises to 3.4% in December, above forecasts
The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists polled by Reuters.
China says trade deal with U.S. will ‘drain Taiwan’s economy’ for American benefits
China doubled down its rhetorics on the trade agreement between Taiwan and the U.S., saying it would benefit Washington while eroding the island’s strategic advantages.
Stocks making the biggest moves after hours: Netflix, United Airlines, Interactive Brokers and more
These are the stocks posting the largest moves in extended trading.
Jerome Powell could stay at the Fed even after being removed as chair. Here’s what that means
The saga over President Donald Trump’s efforts to reshape the Federal Reserve has another twist.