01
What Trump’s Credit-Card Interest Rate Cap Means for Consumers
The president is demanding lenders cap interest rates at 10% for one year. That could have unintended consequences, experts say.
Bloomberg Wealth - Monday, January 12, 2026
10 stories~15 min
Stories Covered
02
Golden State Warriors’ Parent Valued at $11 Billion in Stake Sale
A minority stake in Golden State Group, the holding company for the NBA’s Golden State Warriors, is up for sale, according to people familiar with the matter.
03
Developer RXR Buys Stakes in Upper East Side Luxury Rental Buildings
RXR purchased stakes in a luxury apartment building and a string of townhomes on Manhattan’s Upper East Side as demand for high-end residential properties persists.
04
Warburg Pincus Targets Up to €1.5 Billion for Defense Fund
Warburg Pincus is considering a dedicated defense fund to tap rising investor demand for the sector as Europe hikes military spending, people familiar with the matter said.
05
Wall Street on Edge After Trump Takes Aim at Credit Cards, Homebuying
For Wall Street, President Donald Trump’s first year back in office was marked by opportunities. The start of the new year has shown the risks of drawing his attention.
06
What Powell’s Spat With Trump Means for Markets
Gold has hit fresh records as concerns grow over US monetary stability.
07
Vanderbilt’s West Palm Beach Campus Moves Forward With Backing From Billionaire Ross
Vanderbilt University is moving forward with a new campus in West Palm Beach for about 1,000 students, after raising enough of its initial $300 million fundraising goal, according to Chancellor Daniel Diermeier.
08
Petro Bets on World’s Biggest Wealth Tax to Fix Colombia’s Finances
Colombia’s left-wing President Gustavo Petro loves to rally against the rich.
09
Nvidia Billionaire Coxe Gifts $100 Million to UT Medical Center
Billionaire Nvidia Corp. board member Tench Coxe and his wife Simone are donating $100 million to help launch a medical center at the University of Texas at Austin, one of the largest gifts in school history.
10
Asset Manager Wellington Makes Break From Aloof Past With Penn Station Ads
Commuters rushing through New York’s Penn Station in coming months might zip past a blue-and-white advertisement making an unlikely introduction.