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On the surface, a 10% cap on APRs could mean a big hit to credit-card companies' earnings. But a Jefferies analyst thinks it's “highly unlikely” that Trump gets his way.
President Donald Trump on Friday called for credit-card companies to cap the interest rates they charge customers, as the president leans harder into addressing consumers' affordability concerns.
President Donald Trump announced on his social media platform Truth Social that he will impose a one-year cap on credit card interest rates at 10%, effective Jan. 20, the one-year anniversary of his second inauguration. He cited affordability concerns and criticized rates of 20% to 30% under the prior administration. This move represents yet another... Does Trump's 10% Credit Card Rate Cap Make Visa and Mastercard a Buy?.
Capital One Financial Corporation (NYSE: COF) General Counsel Matthew Cooper sold 2,000 shares of the stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $250.00, for a total transaction of $500,000.00. Following the sale, the general counsel owned 92,486 shares of the company's stock, valued at approximately $23,121,500.
Geneos Wealth Management Inc. trimmed its holdings in Capital One Financial Corporation (NYSE: COF) by 58.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,056 shares of the financial services provider's stock after selling 5,729 shares during
Carrying credit-card debt has become increasingly expensive over the past several years, but some warn that lower interest rates could reduce credit access.
Previous proposals to cap interest rates haven't gained much traction in Congress.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Capital One Financial Corporation (NYSE: COF) insider Lia Dean sold 3,163 shares of the stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $244.35, for a total value of $772,879.05. Following the transaction, the insider owned 66,692 shares of the company's stock, valued at approximately $16,296,190.20. The trade
Cerity Partners LLC grew its holdings in shares of Capital One Financial Corporation (NYSE: COF) by 5.3% in the undefined quarter, according to its most recent disclosure with the SEC. The fund owned 330,408 shares of the financial services provider's stock after acquiring an additional 16,513 shares during the period. Cerity Partners LLC
Capital One Financial Corporation (NYSE: COF) insider Celia Karam sold 2,064 shares of the stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $244.35, for a total value of $504,338.40. Following the sale, the insider owned 61,373 shares in the company, valued at $14,996,492.55. The trade was a
COF's Discover deal, strong loan demand and cheaper valuation frame the debate over which credit card stock among COF and AXP is a better bet.
CNBC's “Halftime Report” Investment Committee discuss their top stocks to watch for the second half of the day's trading session.
Uniqlo and Coach are among the prominent retail names that have opened branded cafe concepts in recent years. Experts say experiences, like cafes, are important for driving foot traffic into stores.
Recommended by top retirement consultants, five simple strategies can make a world of difference for baby boomers in their golden years..
Jim Cramer warns against the Venezuela oil trade. Find out which undervalued bank and pharma stocks he says to buy for 2026 instead.
There's a reason beverage behemoth Coca-Cola is one of Berkshire Hathaway's biggest and oldest holdings. Credit card company Capital One has a new not-so-secret weapon that's still arguably underappreciated.
Eldred Rock Partners LLC decreased its holdings in shares of Capital One Financial Corporation (NYSE: COF) by 23.9% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,204 shares of the financial services provider's stock after selling 20,460 shares during the
Guru Stock PicksChris Davis has made the following transactions:Reduce in COF by 6.43%Sold out in CPNGAdd in VTRS by 4.47%New position in CHYMHennessy Japan Sma
Permanent Capital Management LP acquired a new stake in shares of Capital One Financial Corporation (NYSE: COF) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 12,960 shares of the financial services provider's stock, valued at approximately $2,755,000. Capital One Financial comprises about 0.5% of