What happened to that 10% credit card cap?

Also: Don't worry about that first million ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

Read in browser eNewspaper   |    Crosswords   |   Horoscopes The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW Wed Jan 21 2026 Daniel de Visé |  Personal Finance Reporter Good morning! It's Daniel de Visé with your Daily Money. President Donald Trump  called for credit card companies to cap interest rates at 10%, roughly half the industry average, effective Jan. 20. That date has come and gone. Credit card rates have hardly budged. What happened? Don't worry about that first million. Think smaller. The thought of saving $1.5 million, the sum Americans think they need to retire comfortably, is daunting, Medora Lee reports. But what if you could focus on just the first $100,000? Why did the bottom fall out of the market? The stock market had a rough day Tuesday, seemingly out of the blue. Wall Street's swoon seemed to have something to do with Greenland. Will the slide continue? 📰 More stories you shouldn't miss 📰 • You can now build a golden retriever out of Legos • Pro-Greenland MAGA mockery merch has arrived • Is there a place for gold in your IRA? • Here's how CarMax appraises vehicles • Best places to retire overseas Daniel de Visé covers personal finance for USA TODAY. The Daily Money breaks down complex consumer and financial news. Subscribe here. Banks were supposed to cap card rates at 10% by Jan. 20. Did they? If you were waiting for your credit card interest rate to plummet to 10% on Jan. 20, don't hold your breath. READ MORE Don't sweat saving $1M. Here's another (lower) magic retirement number. The thought of saving $1 million for a comfortable retirement is daunting. But you may be able to aim lower and be fine. Here's how it works. READ MORE Stocks see big drop after Trump's latest tariff threats US stocks fell, with the S&P 500 having its worst day since October, after Trump threatened tariffs on countries that oppose his plans for Greenland. READ MORE Lego unveils Golden Retriever Puppy set. Cost, how to get one. The Lego set features a posable pup and is one of the newest Lego pet sets to be announced by the company. READ MORE As Trump looks to acquire, pro-Greenland merch is popping up online The organization Support Greenland is selling merchandise that benefits Greenlandic causes, like youth resources and sustainable tourism. READ MORE Gold IRA pros and cons: Fees, risks and retirement fit Considering a gold IRA? Learn the pros, cons, fees and risks, plus how gold compares with cash and physical gold for retirement savings. READ MORE Here's how CarMax evaluates your used car's worth CarMax gives drivers offers on used vehicles by using appraisal best practices. Here's how the company decides how much your car is worth. READ MORE More Americans want to retire overseas. Here's where to go As more Americans consider retiring abroad, here are the top 12 destinations for retirees in 2026. READ MORE Barbie launches first autistic doll. Here's what it looks like. The new autistic Barbie aims to represent how individuals with autism experience the world around them, Mattel said. READ MORE Download USA TODAY's app to get to the heart of news Our app gives you award-winning coverage, crosswords, audio storytelling, eNewspaper and more. READ MORE Sign up for the news you want Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. SEE ALL NEWSLETTERS ➔ Newsletters   |    eNewspaper   |   Crosswords Follow Us Problem viewing email? View in browser Unsubscribe  •   Manage Newsletters  •  Terms of Service  •   Privacy Policy/Your California Privacy Rights  •  Privacy Notice  •  Do Not Sell My Info/Cookie Policy  •   Feedback