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12.01.2026 17:47
DOJ Serves Fed With Grand Jury Subpoenas Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration’s attacks on the institution. (Source: Bloomberg)

12.01.2026 17:47
Trump’s Credit-Card Cap Would Feed the Weakest to the Sharks A month ago, President Donald Trump called complaints about affordability a hoax and a con-job perpetrated by Democrats. Now, he’s attacking businesses for ripping off Americans. The latest target of this naked cynicism is credit-card lenders, who are being told to cap interest rates at 10% for a year.

12.01.2026 17:30
BHP Is Stuck on the Sidelines of Copper M&A Frenzy It Started BHP Group’s bold bid to buy rival Anglo American Plc in 2024 was supposed to set it up as the clear winner in a copper boom it had long predicted. Two years later, the copper market is indeed booming. And yet the world’s biggest miner is left sitting on the sidelines of an M&A frenzy it began.

12.01.2026 17:08
Powell Vows to Stand Firm as Fed Served With DOJ Subpoenas Federal Reserve Chair Jerome Powell said Sunday in a video statement the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment. Powell said the action was related to his June congressional testimony on ongoing renovations of the Fed’s headquarters. Michael McKee examines this escalation of the Trump administration’s attacks on the institution. (Source: Bloomberg)

12.01.2026 15:00
12.01.2026 14:26
US Bank Shares Tumble as Trump Slams Credit Card Rates Shares in banks with credit card businesses slumped in US pre-market hours after President Donald Trump said that lenders would be breaking the law if they don’t heed his call to cap interest rates on the cards at 10% for one year.