Why Banks Are So Worried About a 10% Credit Card Rate Cap
President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality.
Bilt Launches New Credit Cards With Mortgage and Rent Rewards: What to Know
Bilt, a rewards and payments start-up, has three new credit cards that can help users earn points when they pay their mortgage. You will need to do math.
Kaiser Permanente Agrees to Pay $556 Million to Settle Medicare Overbilling Claims
The Justice Department and whistle-blowers accused the major health insurer of overbilling the government for about $1 billion under the private plans.
Food Prices Keep Climbing, Rattling Consumers and Trump
Weather, supply, tariffs, labor and changing consumer habits continue to drive up the cost of groceries. President Trump falsely claims prices are falling.
2026 May Be the Year of the Mega I.P.O.
If SpaceX, OpenAI and Anthropic go public, they will unleash gushers of cash for Silicon Valley and Wall Street.
These Gyms’ Most Intimidating Machine: The Front Door
A new kind of tap-in, tap-out system at gyms has some New Yorkers flustered.
Republicans Advance Stock-Trading Bill With Limited Restrictions
The bill would allow lawmakers to keep their existing stock and continue to sell it if they provide seven to 14 days of notice. Democrats called it a “gift to insider traders.”
U.S. Weighs Expanding Private Companies’ Role in Cyberwarfare
The proposal raises a host of questions about the legality and practicality of bolstering the involvement of the private sector in offensive cyberoperations.
The Swedish Start-Up Aiming to Conquer America’s Full-Body-Scan Craze
Neko Health, backed by the Spotify founder Daniel Ek, plans to open in New York this spring.
Saks Files for Bankruptcy as Department Stores Fight for Survival
The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.
Britain Awards Wind Farm Contracts That Will Power 12 Million Homes
The British government provided guaranteed electricity prices to a group of wind farm developers in what it says is an effort to bring down power costs for consumers.
Trump Credits ‘Mister Tariff’ for the Country’s Strength. Economists Beg to Differ.
Many indicators appear to suggest that the United States is growing despite tariffs, not because of them.
Mark Carney Heads to Beijing to Discuss Canada-China Relations as U.S. Outlook Darkens
The prime minister is seeking new markets for Canadian goods and to mend relations with China after years of deep acrimony between the two nations.
Banks Ready Battle Plans to Save Their Credit Card Businesses
“Everything’s on the table,” an executive at JPMorgan Chase said, as the industry seeks to head off President Trump’s effort to cap interest rates.
The Swedish Start-Up Aiming to Conquer America’s Full-Body-Scan Craze
Neko Health, backed by the Spotify founder Daniel Ek, plans to open in New York this spring.
U.S. Refiners to Profit as Trump Asserts Control Over Venezuelan Oil
The companies that turn oil into gasoline and diesel are likely to benefit more, right away, than the businesses that pump oil out of the ground.
As Trump Pushes Housing Affordability, His Mortgage Chief Undermines It
Under Bill Pulte, Fannie Mae and Freddie Mac have pulled away from efforts to help low-income people buy homes.
Where Did All the American-Born Roofers Go?
The real story of how immigrant labor came to define the construction industry.
China Announces Record Trade Surplus as Its Exports Flood World Markets
China’s surplus reached $1.19 trillion last year, a 20 percent increase from 2024, as Beijing kept the currency weak and pursued self-reliance to replace imports.
What the Bankruptcy of Saks Means for You
Answers to this and other questions about the financial crisis in America’s biggest luxury department store.