President Financial News
11.01 / 10:01
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Bank stocks brace for impact after Trump calls for 10% cap on credit-card interest rates
Subscribe to enjoy similar stories. President Donald Trump on Friday called for credit-card companies to cap the interest rates they charge customers, as the president leans harder into addressing consumers’ affordability concerns. “Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10%," he said in a Truth Social post.
11.01 / 09:13
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Inside Minneapolis’s sprawling network of ICE watchers
Subscribe to enjoy similar stories. MINNEAPOLIS—The Trump administration’s immigration-enforcement crackdown in blue cities like Los Angeles and Chicago has sparked a rolling countermovement: Neighbors armed with whistles and cameras observe ICE officers, chant at them to leave, trail their movements and warn people ahead of their arrival.
11.01 / 06:05
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Trump’s oil grab is a big problem for the Opec cartel
Subscribe to enjoy similar stories. OPEC members struggling to preserve their market share amid a sinking price for oil now have an unexpected new variable to contend with: President Trump’s move to dominate Venezuela’s oil supply and push the market in a direction that would benefit American consumers.
10.01 / 13:19
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As protests surge, the Iranian regime’s options are narrowing
Subscribe to enjoy similar stories. The scale of the unrest now gripping Iran is the largest since the demonstrations of 2009; some veteran Iran-watchers reckon the protests are the biggest since the overthrow of the shah in 1979. What began as scattered demonstrations on December 28th swelled over 12 days into crowds of many thousands by January 9th.
10.01 / 13:19
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International
Can Trump make Venezuela an oil giant again?
Subscribe to enjoy similar stories. “No one was paying any attention to Venezuelan oil two weeks ago," a longtime oilman said to me the other day, “but now everyone is." Donald Trump made that happen. Following the dramatic seizure of dictator Nicolás Maduro by American forces on Jan.
10.01 / 08:55
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From Venezuela to Iran: Trump’s New Year shock and a world on edge
Subscribe to enjoy similar stories. The New Year started with a bang. Three days into 2026 came the extraordinary news that the US had captured Venezuelan President Nicholas Maduro and his wife Cilia Flores.
10.01 / 02:07
09.01 / 15:11
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Iran’s supreme leader says he won’t bow down to protests or Trump
Subscribe to enjoy similar stories. Iranian Supreme Leader Ali Khamenei said Friday the Islamic Republic won’t back down in the face of fast-growing protests and threats from President Trump to intervene. New protests have been called for Friday, a day after the largest demonstrations in years swept through Tehran.
09.01 / 13:37
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Trump’s grand plan for housing relies on his Fed pick. Here’s why.
Subscribe to enjoy similar stories. So much for a quiet first week of the new year. President Donald Trump is looking to micromanage various sectors of the market, but his pick for Federal Reserve chair remains the most important economic intervention the president can make.
09.01 / 10:39
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How Donald Trump can dodge a Supreme Court tariff block
Subscribe to enjoy similar stories. If trade deficits are a national emergency, they are an emergency of a peculiar sort. America began to run them consistently in the mid-1970s.
09.01 / 09:17
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The 100-year history behind Trump’s push for Venezuela’s oil wealth
Subscribe to enjoy similar stories. America’s enchantment with Venezuelan oil is a century-long tale of fortunes made and lost, starting with a 1922 letter to President Warren Harding’s secretary of state and culminating with President Trump’s move to wrest control of the country’s oil wealth. U.S.
09.01 / 09:17
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Oil isn’t the only commodity at play in the US ouster of Maduro
Subscribe to enjoy similar stories. Oil isn’t the only commodity to drive President Donald Trump’s decision to oust Venezuelan President Nicolás Maduro. The nation’s critical minerals shouldn’t be overlooked as a potential motive for regime change.
09.01 / 09:17
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International
Why America shouldn’t intervene in Iran like it did in Venezuela
Subscribe to enjoy similar stories. You know Iran’s leaders are worried about the implications of last weekend’s US raid in Venezuela when the editor of the hardline Javan newspaper feels he has to write a polemic, headlined Iran Is Not Comparable—Don’t Waste Your Time, saying there aren’t any.
09.01 / 03:49
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Trump’s risky fixation with other countries’ oil
Subscribe to enjoy similar stories. WASHINGTON—A smooth-faced 41-year-old Donald Trump settled in before a live studio audience assembled for The Oprah Winfrey Show and held forth on how America should be getting a cut of Kuwaiti oil. “Kuwait is not paying us for all the oil they’re sending out," said Trump, wearing a familiar solid red tie, as Oprah pressed him on his foreign policy views during the April 1988 interview.
09.01 / 02:41
09.01 / 02:41
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Venezuela says it will release political prisoners as peace gesture
Subscribe to enjoy similar stories. Venezuela’s regime said it would release political prisoners as it looked to appease the Trump administration less than a week after U.S. commandos captured the country’s former leader, Nicolás Maduro.
09.01 / 02:41
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Three crude oil stocks to benefit amid US-Venezuela tension
Subscribe to enjoy similar stories. Tensions mounted in Venezuela following recent US military strikes on Caracas and the capture of its President Nicolás Maduro and his wife, Cilia Flores. According to a PTI report, a possible US-backed restructuring of Venezuela’s oil industry could deliver a meaningful financial and strategic gain for India, including recovery of nearly US$1 bn in long-pending dues and a restart of crude production from fields involving Indian companies.
08.01 / 10:41
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Mint Explainer: Why haven't oil prices crashed after US action in Venezuela?
Mint explains why oil prices have remained range-bound and what it means for India.Oil prices are back to where they were before the US action in Venezuela. On 3 January, US forces attacked the Venezuelan capital Caracas and captured President Mudaro. When the markets opened on 5 January, the benchmark Brent Crude saw a marginal spike to $62.56 a barrel.
08.01 / 10:41
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The rupee’s decline and what it means for your investment portfolio
rupee stood at about 10 to the dollar. From then to now, the average annual depreciation works out to roughly 4.5%. At independence, when the rupee was on a par with the dollar, the long-term annual depreciation is closer to 6%.The faster pace in earlier decades is largely a matter of arithmetic.
08.01 / 08:01
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Features
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Venezuela’s crisis poses India a challenge of oil diplomacy as it tries to secure its energy interests
The unfolding crisis in Venezuela draws into sharp relief a less-recognized feature of the modern global economy: the movement of expectations often matters more than that of physical goods. Venezuela has long been a distant yet symbolically important pillar of India’s energy security framework.
08.01 / 00:57
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Auto majors allay fear over slowing EV adoption after tax cut for traditional cars
Data from the Federation of Automobile Dealers Association (Fada) data released on Tuesday showed EV penetration grew for two consecutive months after a dip in October, leading to fears that New Delhi’s move to cut tax on ICE vehicles could hurt EV penetration in the long run, as the fossil-fuelled ones were already much cheaper in the price-sensitive Indian market.“Electric vehicle sales are here to stay. There was softening in the last few months, but penetration levels have grown in 2025.
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