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0.000352326959418384 9.60891707505511E-05 -0.000747573748438425 0.00038435668300184 4.80445853753666E-05 0.000320297235834928 -0.00168156048813291 -0.00382755196822631
Stock impact report

Klarna's CEO Urges Trump to Go Further on Credit-Card Rate Cap [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
the credit card industry, calling it an “extraction machine” that rips off poorer borrowers. “If you look at the Fed's own data, it shows that credit card rewards redistribute $15 billion annually from the poor to the wealthy, and that high FICO consumers gain $200 a year, subprime consumers lose $55,” he said in an interview on Bloomberg TV. “That isn't financial product. It's a regressive tax with airline miles.” Most Read from Bloomberg Why the Renovation of Federal Reserve Headquarters Costs $2.5 Billion New Design Plans Revealed for White House Ballroom Summit Properties Wins Auction for Bankrupt NYC Apartments The Latest Brand of Tech City Dreams: Virtual Residents In Birmingham, a Stadium Plan Shows UK Football's Flashy Side Trump has demanded this week that US lenders limit their interest rates to 10%. Siemiatkowski has said in a social media post that the cap should be set even lower at 0%. Klarna, which started out as a buy-now-pay-later provider, has seen Show less Read more
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