DC politicians want to enact harmful credit card mandates that could take away your cash back and rewards points.

Perks that stretch your budget and make life a little easier.

Losing these benefits means less money for your family's everyday essentials like gas and groceries.

The perks you rely on could disappear, leaving you with higher costs and fewer

options. Tell Congress to guard your card and oppose the Durban Marshall Credit Card mandates.

Paid for by Electronic Payments Coalition.

Here's your midday brief for Wednesday, January 28th. I'm Alex O'Sullough for the Wall Street Journal.

Amazon says it's cutting around 16,000 corporate jobs, bringing the company's total corporate

layoff since October to about 30,000. Amazon CEO Andy Jassy has portrayed the cuts as an

attempt to reinvigorate the company's culture rather than to cut costs.

Starbucks reported 4% growth in U.S. same store sales in the most recent quarter, the strongest showing since late 2023.

The company says its turnaround efforts are behind the growth as more customers go to its cafes.

But profits declined 62% for the quarter due to tariffs on coffee

and investments in the workforce. And two federal immigration officials fired shots at 37-year-old

Alex Preti during a fatal encounter in Minneapolis on Saturday. A Department of Homeland Security report

says the shooting occurred after a struggle when officers attempted to move Preddy out of a road. The report doesn't say how many shots were fired

or which shots killed Preddy, but noted that a county medical examiner would conduct an autopsy.

Heads up, an artificial intelligence tool helped us make this episode by creating summaries that

were based on WSJ reporting and then reviewed and adapted by an editor.

We'll have more coverage of the day's news on the WSJ's What's News podcast. You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.

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