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Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk

Reporter USJanuary 12, 2026

NEW YORK — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner. Trump was not clear in his social media post Friday night […]

Red lines and increasing self-censorship reshape Hong Kong’s once freewheeling press scene

Reporter USJanuary 12, 2026

HONG KONG — From 18th place to 140th. That’s how much Hong Kong’s ranking plunged in a global press freedom index over some 20 years. Behind the decline are the shutdown of pro-democracy newspaper Apple Daily, more red lines for journalists and increasing self-censorship across the territory. The erosion of press freedom parallels a broader […]

UN cites ‘widespread repression’ in Uganda before next week’s presidential election

Reporter USJanuary 10, 2026

KAMPALA, Uganda — The U.N. Human Rights Office said Friday that a presidential election in Uganda next week would be “marked by widespread repression and intimidation” against the opposition and others. Ugandan authorities in the East African country have used lawfare, including military legislation, to restrict the activities of politicians and others before voting on […]

UN cites ‘widespread repression’ in Uganda before next week’s presidential election

Reporter USJanuary 10, 2026

Iran supreme leader signals crackdown coming on protesters

Reporter USJanuary 10, 2026

DUBAI, United Arab Emirates — Iran signaled Friday that security forces would crack down on protesters, directly challenging U.S. President Donald Trump’s pledge to support those peacefully demonstrating as the death toll rose to at least 50. Supreme Leader Ayatollah Ali Khamenei dismissed Trump as having hands “stained with the blood of Iranians” as supporters […]

GM hit with billion in charges as EV incentives cut and emissions standards fade

GM hit with $6 billion in charges as EV incentives cut and emissions standards fade

Reporter USJanuary 10, 2026

General Motors will be hit with charges of about $6 billion as sales of electric vehicles sputter after the U.S. cut tax incentives to buy them and also eased auto emissions standards. Shares slid almost 3% Friday. The charges that will be recorded in the fourth quarter follow an announcement in October that the Detroit […]

Early birds can begin filing their taxes on Jan. 26 this year

Reporter USJanuary 9, 2026

WASHINGTON — Jan. 26 marks the official start date of the 2026 tax filing season, when the IRS will begin accepting and processing 2025 tax returns. April 15 is the filing deadline. Tax experts, including the IRS’ independent watchdog, have warned that this year’s filing season could be hampered by the loss of tens of […]

How Trump shook up defense stocks this week

Reporter USJanuary 9, 2026

President Donald Trump caused some commotion for investors in U.S. defense contractors this week. First, Trump criticized the companies for taking too long to produce military equipment and also failing to maintain it while at the same time paying out billions in dividends and stock buybacks to investors. But then the president proposed a $1.5 […]

Budget office expects Federal Reserve to cut rates in 2026

Reporter USJanuary 9, 2026

WASHINGTON — The Federal Reserve is expected to cut short-term rates in 2026, with its key interest rate settling at 3.4% towards the end of President Donald Trump ‘s term in office in 2028, according to a new report released Thursday by the nonpartisan Congressional Budget Office. Despite the Fed’s cuts, however, the budget office […]

TikTok picked by FIFA as video content partner at 2026 World Cup

Reporter USJanuary 9, 2026

GENEVA — GENEVA (AP) — TikTok was picked by FIFA as the first “preferred platform” for video content on social media at a men’s World Cup, the soccer body said Thursday. The World Cup tie-in will see creators get special access at the 48-nation tournament being co-hosted in 16 cities — 11 in the United […]

How the dispute between Trump and Pope Leo escalated

How the dispute between Trump and Pope Leo escalated

U.S. delegation visited Cuba last week as Trump heaped pressure on island, official says

U.S. delegation visited Cuba last week as Trump heaped pressure on island, official says

Judge blocks Nexstar’s acquisition of Tegna until antitrust suit resolved

ICE head Todd Lyons planning to leave agency this spring

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Category: Business

Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk

Red lines and increasing self-censorship reshape Hong Kong’s once freewheeling press scene

UN cites ‘widespread repression’ in Uganda before next week’s presidential election

UN cites ‘widespread repression’ in Uganda before next week’s presidential election

Iran supreme leader signals crackdown coming on protesters

GM hit with $6 billion in charges as EV incentives cut and emissions standards fade

Early birds can begin filing their taxes on Jan. 26 this year

How Trump shook up defense stocks this week

Budget office expects Federal Reserve to cut rates in 2026

TikTok picked by FIFA as video content partner at 2026 World Cup

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