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BlackAmericans.com
  • Home
  • Black History
    • Black History: 400 Years
    • Our President Barack Obama
    • Our Journey Continues
  • HBCU's
  • Black News
  • Headlines
  • Business
  • Sports
  • Job Interview Basics

Business

JPMorgan CFO warns Trump's proposed credit card cap could cause people to 'lose access to credit'

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13 January 2026
JPMorgan CFO Jeremy Barnum warned that President Trump's proposed 10% credit card interest rate cap could hurt the economy and reduce access to credit for consumers who need it most.
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Trump calls for 'jerk' Powell to lower interest rates after latest inflation data

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13 January 2026
President Donald Trump said December inflation data supports his calls for Federal Reserve Chair Jerome Powell to cut interest rates after CPI showed 2.7% annual price growth.
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Meta cuts over 1,000 jobs in major metaverse retreat

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13 January 2026
Meta cuts over 1,000 jobs from its Reality Labs division as the company shifts its focus from metaverse products to wearable technology investments and development.
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  1. Starbucks terminates employee over pig drawing incident involving LA County deputy
  2. Jamie Dimon warns Federal Reserve subpoena 'not a good idea'
  3. Data center boom powering AI revolution may drain US grids — and wallets
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