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Airline loyalty programs seen at risk if Trump caps credit-card interest rates

Airline loyalty programs seen at risk if Trump caps credit-card interest rates

January 28, 2026

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Day: January 28, 2026

Airline loyalty programs seen at risk if Trump caps credit-card interest rates

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By Padraic Halpin and Tim Hepher DUBLIN, Jan 28 (Reuters) – A proposal by U.S. President Donald Trump to cap credit-card interest rates, if implemented, could have a big impact on the profitable loyalty programmes of the

Winter drilling program in Alaska petroleum preserve can proceed, judge rules

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JUNEAU, Alaska (AP) — ConocoPhillips Alaska can proceed with an oil and gas exploration program in a portion of a vast petroleum reserve in the state after a federal judge denied a request from project opponents to

Trump administration says San Jose State broke the law by allowing a transgender volleyball player

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WASHINGTON (AP) — The Trump administration has concluded that San Jose State University discriminated against women by letting a transgender athlete play on the women’s volleyball team, the U.S. Education Department said Wednesday. The department offered San

DA seeks July trial in Luigi Mangione’s state murder case, with his federal trial slated for fall

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NEW YORK (AP) — Manhattan prosecutors urged a judge on Wednesday to set a July trial date in Luigi Mangione ’s state murder case in the killing of UnitedHealthcare CEO Brian Thompson, two months before jury selection

Rubio details how the Trump administration will control Venezuela’s oil money

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WASHINGTON (AP) — The Trump administration soon will allow Venezuela to sell oil now subject to U.S. sanctions, with the revenue initially dedicated to basic government services such as policing and health care and subject to Washington’s

US ICE releases man in Minnesota as agency head faced contempt

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By Jack Queen NEW YORK, Jan 28 (Reuters) – U.S. Immigration and Customs Enforcement has complied with a Minnesota federal judge’s order to release a wrongly detained Ecuadorean man, likely averting an in-person contempt of court hearing

Fed’s Powell declines to comment on staying on at Fed after his chair term 

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Jan 28 (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday declined to say whether he will stay on at the Fed after his term as chair ends, or whether the central bank has responded to subpoenas

Fed’s Powell says he attended Supreme Court arguments over Cook due to case’s importance to Fed

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WASHINGTON, Jan 28 (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday that he attended last week’s Supreme Court arguments over President Donald Trump’s effort to fire Fed Governor Lisa Cook because of the case’s importance

US Marshals probe possible government digital-asset hack, Bloomberg News reports

Jan 28 (Reuters) – The U.S. Marshals Service said it is investigating a possible hack of U.S. government digital-asset accounts, Bloomberg News reported on Wednesday, citing an email from the agency. The agency said it would not

Bruce Springsteen takes aim at Trump in new song ‘Streets of Minneapolis’

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Bruce Springsteen is dedicating his new song to the people of Minneapolis, taking aim at President Donald Trump’s ongoing immigration enforcement operations in the city. The lyrics of “Streets of Minneapolis,” released Wednesday, describe how “a city

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