Powell Under Criminal Probe as Banks Brace for Rate Cap Fallout

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UnitedHealth is facing fresh Senate scrutiny over its Medicare billing practices, banks are pushing back against a proposed cap on credit card interest rates, and the Fed is dealing with uncertainty as Chair Jerome Powell faces a criminal probe. At the same time, Walmart is accelerating its push into drone delivery, signaling how aggressively big retailers are investing to cut costs and gain an edge in a slowing consumer environment.

Today’s Top Stories:

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Fed Chair Jerome Powell Under Criminal Investigation

Regulators are reportedly examining potential legal violations tied to Powell’s conduct, and markets hate uncertainty at the top of the Fed. Any leadership shake-up could shift rate policy, bond yields, and stock valuations fast.

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Trump’s 10% Credit Card Rate Cap Sparks Bank and Market Backlash

A proposed cap on interest rates sounds great for consumers, but it could slam bank profits, tighten credit, and ripple through lending markets. Investors are already watching which sectors could take the hit if this gains traction.

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Senate Finds UnitedHealth Used Aggressive Tactics to Boost Medicare Payments

A Senate report raises serious questions about how insurers maximize reimbursements under Medicare Advantage. With healthcare stocks already sensitive to regulation, this could invite tighter oversight and margin pressure.

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Walmart Expands Drone Delivery to 270 Stores in Massive Nationwide Push

Walmart is betting big on automation to cut delivery costs and speed up fulfillment. This isn’t just a cool tech story. It is about logistics efficiency, retail margins, and how fast big-box competition is changing.

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