Trump’s Deadline for 10% Cap on Credit Cards Is Here—Have Banks Complied?
In an effort to deliver on his affordability promises, President Donald Trump announced on Jan. 9 that he would be giving banks and issuers 11 days to meet his demand of capping credit card interest rates at 10% for one year. His Jan. 20 deadline has now come and gone, and despite drawing bipartisa
The Top 1% Now Control Nearly a Third of America’s Wealth
The rich get richer, indeed. The wealthiest 1% of households controlled 31.7% of the nation’s wealth—to the tune of $55 trillion—in the third quarter of 2025, according to Federal Reserve data—the highest since World War II. These numbers are being driven significantly by an even more elite class wi
Cody Bellinger Re-Signs With the New York Yankees on a $162 Million Deal—Will He Sell His $9 Million Arizona Home?
Baseball pro Cody Bellinger has re-signed with the New York Yankees on a five-year, $162.5 million deal–so will he give up his newly purchased $9 million Arizona home? According to ESPN, the former Los Angeles Dodgers player is returning to New York on a contract that includes an opt-out in the seco
Florida CEO Accused of Using Multimillion-Dollar Trust for $9 Million Martha’s Vineyard Home—Which Is Now for Sale
Vera Muzzillo, the CEO of a Tampa,FL-based company, has been accused by two of her stepchildren of improperly diverting assets from a trust created for their benefit, including the purchase of a $9 million dollar vacation home on Martha's Vineyard. Greg Muzzillo Jr. and Barbara Muzzillo—two of Profo
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