It’s only been a few days since President Donald Trump called on lawmakers to cap credit card interest rates at 10%, and Wall Street is already in panic mode. At ‌surface level, reducing interest rates sounds great from a consumer’s perspective. But dig a little deeper, and several experts believe this policy will harm markets and make finance less accessible to the general public. That’s why big-time investors, banks, and credit card companies are all lining up in opposition to Trump’s proposal. More N ...

We recently published 9 Stocks Jim Cramer Talked About.  Visa Inc. (NYSE:V) is one of the stocks on Jim Cramer talked about. Visa Inc. (NYSE:V) is one of the largest payment card processors in the world. Its shares are up by 4% over the past year, but they have lost 5% year-to-date. The stock, like that of American Express, has struggled after President Trump suggested a 10% cap on credit card APR rates in order to improve affordability for consumers. On January 13th, UBS reiterated a Buy rating for Visa ...

Information in Investor's Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. The information has been obtained from sources we believe to be reliable, but we make no guarantee as to its accuracy, timeliness, or suitability, including with respect to information that appears in closed captioning. Historical investment performances are no indication or guarantee of future success or perfo ...