Senate leader McConnell weighs endorsing Trump
Senate Republican leader Mitch McConnell shifts from earlier opposition toward discussions with Donald Trump about endorsing the former president. Republican talks aim to unify the party ahead of Super Tuesday as McConnell plans to step down as leader next session.
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Biden administration caps credit card late fees at eight dollars
The Consumer Financial Protection Bureau will cap most credit card late fees at 8 dollars or require banks to justify higher charges. The rule aims to reduce junk fees, with estimates of saving up to 10 billion dollars yearly and average late fees dropping from 32 dollars.
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Stocks slump as Big Tech drags indexes down
Wall Street suffered its worst day in three weeks as Big Tech led losses with Apple down 2.8 percent and Microsoft 3 percent amid concerns over iPhone sales in China and elevated valuations. The Dow fell 404 points, the S&P 500 1 percent, and the Nasdaq 1.7 percent as tech momentum cooled.
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Bitcoin hits new high as ETFs and halving loom
Bitcoin rose to around 68 800 dollars briefly on Tuesday, surpassing the 2021 peak before retreating near 62 000. ETFs approved in January spurred inflows as the next halving approaches, signaling supply constraints and continued volatility.
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