U. S. banks are in a tough spot. President Trump recently suggested capping credit card interest rates at 10% for a year. This idea has sparked confusion and concern across the finance industry. The announcement came with no clear plan on how to enforce it. Banks are left wondering what to do next.
UnitedHealth's stock took a hit after President Trump's recent talk about healthcare. He mentioned a new plan to cut out insurance brokers and middlemen. This could lower healthcare costs for people, but it's not great news for UnitedHealth. The company makes money from these brokers and middlemen.
Strategy consultants are often seen as the brainy folks who help companies make big decisions. They're known for their love of data and numbers. But is that all there is to it? A recent study dug deep into how these consultants really think. The study looked at how consultants balance two types of
Starting in 2027, Estonia is set to keep a closer eye on crypto transactions. The country's crypto-asset service providers will have to report transactions to the Tax Board. This isn't just about keeping tabs on money. It's about understanding the value of crypto at the time of the trade. Plus, they
South Korea is making big changes to how people can access crypto. They are tightening rules and using app stores to enforce them. This is part of a bigger plan to create a legal framework for crypto and blockchain-based finance. The country has passed new laws that define security token offerings
South Korea's former president, Yoon Suk Yeol, is facing serious legal consequences. He was recently sentenced to five years in prison. The court found him guilty of creating a fake document to impose martial law in 2024. He also misused his bodyguards to avoid arrest. The ruling came from a panel
Sixteen big drug companies made deals with the Trump administration to lower drug prices. But in January, all of them raised prices on some of their drugs. These deals were supposed to help Americans pay less for medicine and make other rich countries pay more. But according to a new report, these c
Sepsis is a serious condition. It happens when the body's response to infection causes widespread inflammation. This can lead to tissue damage, organ failure, and even death. But not all sepsis cases are the same. Recent studies show that sepsis can have different subtypes, or subphenotypes. These s
Starting fresh in the new year can be tough. Many of us know we should ditch bad habits, but change isn't easy. One common issue is our eating habits. We often eat more than we should, especially processed foods that are high in sugar, salt, and fat but low in nutrients. Instead of making drastic ch
San Diego County is in for more sunny days, with the current dry spell expected to continue until mid-week. The National Weather Service attributes this to Santa Ana winds and a lack of moisture from the North Pacific. Dry spells in winter are not uncommon here, and they usually don't cause concern
