Shares of credit card issuers and lenders have reportedly risen after the election of Donald Trump, with investors expecting the incoming Trump administration to deliver regulatory changes that are favorable to the industry. Collectively, S&P 500 banks have seen their stocks gain about 7% so far...
The U.S. leisure and business travel sector is number one in the world, but President Trump’s immigration policies and a strong dollar is threatening to hurt that standing. According to a report by the World Travel & Tourism Council, travel and tourism contributed $1.5 trillion or...
The past few years have been marked by prosecutions by the federal government of lending bias, but the pace may slow under the newly installed Trump administration, The New York Times reports. That’s tied to a movement to roll back regulations carrying over into methods...
A growing number of U.S. companies in China are getting behind the Trump administration’s call for some reciprocity when it comes to trade and investment in China. According to a report by The Wall Street Journal, the business community is backing the idea that China should respond...
President Trump isn’t shy when it comes to his opinions on all sorts of things, often tweeting about publicly traded companies that can have an impact on the stock’s performance. A new app, dubbed Trump2Cash, is trying to capitalize on that, using algorithms to enable...
Jessica Rich, head of the FTC’s consumer protection bureau, is leaving the agency. According to a report by American Banker, Rich joined the FTC in 1991 and has held multiple roles, including deputy director of the consumer protection bureau and associate director of the FTC’s financial practices...
Ethics watchdogs are up in arms after court documents from an ongoing libel lawsuit against the Daily Mail suggest that Melania Trump might intend to use her high-profile position as First Lady for profit. While the court documents don’t outright mention her position as First...
The Trump brand could be suffering, even as the man himself settles into the Oval Office. The New York Times reported that “major companies appear to be re-evaluating their relationships” with the brand itself. The fallout from the presidency has been one that has hurt...
Despite taking a stance against Wall Street in the run-up to the election, President Donald Trump signaled a new, friendlier environment for Wall Street, calling late last week for the end of regulation put in place by the Obama administration. According to a report by The Wall...
