Biden called upon by pro-growth groups to withdraw CFPB’s late fees rule
A coalition of groups is calling for the Biden administration to withdraw the new rule put forward by the Consumer...
Credit Cards
Intuit Credit Karma launches AI-powered financial assistant for consumers
Intuit Credit Karma is launching a new tool on Wednesday that leverages generative artificial intelligence (AI) to help consumers with...
Gen Zers credit card balances grow the fastest: TransUnion
Credit card balances grew the fastest among Gen Z cardholders in the second quarter of 2023, according to a recent...
Small businesses open to AI and automation but worry about evolving tech, Visa research finds
Small businesses are open to using artificial intelligence (AI) tools to boost their competitiveness and efficiency but have concerns about...
Consumer credit increased by nearly $5 trillion
Total consumer credit increased at an annual rate of 2.5% in July to reach about $4.98 trillion, according to the...
Josh Hawley wants to cap credit card interest rates and introduced legislation to do it
Senator Josh Hawley, R-Mo., introduced new legislation this week to implement a federal cap on credit card interest rates as...
States with the highest credit card debt
Californians are racking up the most credit card debt, according to recent data from personal finance website WalletHub. Currently, consumers...
Taco Bell employee in hot water after customer makes disturbing find on bank statement: police
An Ohio Taco Bell employee was arrested this month after allegedly scamming customers with fraudulent credit card transactions, reports said....
Retail trade group urges passage of bill that would reduce credit card ‘swipe fees’: Here’s why
The National Retail Federation (NRF), the nation's largest retail trade group, is urging Congress to pass the bipartisan Credit Card...
Fed pauses interest rate hikes in September but could raise rates again this year
The Federal Reserve announced a pause on interest rate hikes during its September meeting on Wednesday. That means the federal...
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Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation
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Retail sales surged in March led by autos as consumers looked to beat tariffs
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US job growth cooled in April amid economic uncertainty
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Retailer Forever 21 files for bankruptcy for second time in 6 years
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