Are Lower Income Americans Paying for Wealthy Consumers Credit Card Rewards Some Economists Say They Are
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U.S. Consumer Watchdog Turns Focus to Credit Card Rewards, Buy-Now-Pay-Later Companies
The Consumer Financial Protection Bureau, acting on increased complaints, will examine rewards market and deferred payment programs.Inc. - Business -
Will the Visa-Mastercard swipe-fee settlement impact your credit-card rewards?
The landmark agreement will limit the fees that businesses pay to accept credit cards — but customers aren’t likely to see savings.MarketWatch - Business -
Visa, Mastercard agree to lower credit-card fees in landmark merchant settlement
Visa and Mastercard agreed to lower and cap credit-card interchange rates as part of a landmark settlement with U.S. merchants.MarketWatch - Business -
Should you use a personal loan to pay off credit card debt?
Want to pay off high-interest credit card debt with a personal loan? Find out if that plan makes sense here.CBS News - Top stories -
3 ways to pay off $30,000 in credit card debt
That amount of card debt can be overwhelming, but there are ways to pay it off. Here are a few to consider.CBS News - Top stories -
Here's how much credit card debt Americans have by age—and which generation owes the most
Collectively, Americans owe over $1 trillion on their credit cards. However, when you break down the numbers by age, one generation owes far more than the rest.CNBC - Business -
How to consolidate credit card debt
Debt consolidation can help you pay off your credit cards faster. Learn more about consolidating your debt here.CBS News - Top stories -
Diners With Lower Incomes Shrink Their Fast Food Orders
McDonald's and Wendy's say they're seeing smaller orders and fewer visits from people earning less than $50,000 a year.Inc. - Business -
The Fallout From the Credit Card Swipe Fee Fight
A proposed settlement between Visa and Mastercard and merchants on swipe fees promises savings, but it may also alter the economics of premium credit cards.The New York Times - Business -
Consumer Credit Lender CURO Files for Bankruptcy Under Heavy Debt Load
Company expects to reduce its debt by roughly $1 billion and save $75 million in annual cash interest payments through restructuring.The Wall Street Journal - World -
Robinhood’s stock jumps after company launches first credit card
The Robinhood Gold Card is aimed at Robinhood Gold members — a subscription product offering premium services for a fee — and has no annual fee or transaction fees, but comes with a 3% cash back on all categories.MarketWatch - Business -
Visa, Mastercard and the largest U.S. credit-card issuing banks agreed to a settlement with merchants over the fees charged for swiping credit cards.
Visa, Mastercard and the largest U.S. credit-card issuing banks agreed to a settlement with merchants over the fees charged for swiping credit cards.The Wall Street Journal - World -
Ending 6% commissions could create a ‘Venus flytrap situation’ for home buyers, economist says
A proposed settlement announced by the National Association of Realtors could quickly saddle home buyers with additional costs, one professor said.MarketWatch - Business -
Don't sweat the prospect of no Fed rate cuts, economist says — markets will still march higher
Markets will continue to rally even if the Fed chooses not to cut interest rates this year, according to Steven Blitz, TS Lombard's chief U.S. economist.CNBC - Business - Federal Reserve -
German consumers pay more for energy than before Ukraine war
Yahoo News - World - Ukraine -
Americans pay a steep economic price for Washington’s failure to confront Russia and Iran
Long-term consequences from short-sighted policies in Europe, the Middle East and China.MarketWatch - Business - Iran -
Institute says German economy is "struggling" and lowers forecasts
Yahoo News - World - Germany -
How Europe's regulatory battle with Apple could signal what’s to come for American consumers
It’ll likely take years before the U.S. government’s massive antitrust lawsuit against Apple is resolved — but the iPhone maker’s troubles with European regulators offer a glimpse of what changes American customers may see down the lineABC News - Tech -
Masimo May Look at Joint Venture for Consumer Split, CEO Says
The medical-device maker has been approached by a potential joint venture partner, CEO Joe Kiani said.The Wall Street Journal - World -
Masimo May Look at Joint Venture for Consumer Split, CEO Says
The medical-device maker has been approached by a potential joint venture partner, CEO Joe Kiani said.The Wall Street Journal - Business -
68% of Americans feel stressed about cost when planning a date—here's who they think should pay
The majority of Americans agree the finances around dating are stressful. But there's differing opinions on who should pay for the first date.CNBC - Business -
They Chose to Take a Pay Cut---and Say They're Happier
Switching to a job with a lower salary often means trimming your expenses, but it can come with a raise in free time and work-life balance.The Wall Street Journal - World -
Teachers Are Quitting. Some States Want to Pay More to Keep Them.
Nationally, average teacher pay has barely budged since 1990. New legislation seeks to increase minimum salaries.The Wall Street Journal - World -
No slowdown in spending among the wealthy on this Bahamian island
CNBC's Bob Pisani checks in from his vacation with a read on the global economy.CNBC - Business -
Trump says he'll pay $175M bond set by court
Former President Trump said Monday he will pay a $175 million bond set by a New York appeals court in his civil fraud case. “We will abide by the decision of the Appellate Division, and post either a bond, equivalent securities, or cash,” Trump ...The Hill - Politics - Donald Trump -
Biden says feds should pay for Baltimore bridge collapse rebuild
President Biden addressed the Francis Scott Key Bridge collapse Tuesday suggesting the federal government should fully fund the bridge's reconstruction efforts. CBS News' Nicole Sganga reports from Baltimore, and Robert Sumwalt, a CBS News ...CBS News - Top stories - Joe Biden -
Trump says he would testify in hush money trial; court lowers bond in fraud case to $175m for now – live
Former president makes statement after judge says trial will begin on 15 April; New York appeals court reduces bond and gives Trump 10 days to pay it. Trump told to pay $175m bond in 10 days in civil fraud caseTrump hush-money trial start date set ...The Guardian - World - Donald Trump -
An 'often overlooked' retirement savings option can lower your tax bill, advisor says. Here's how it works
There's still time to lower your 2023 tax bill or boost your refund with a spousal IRA for married couples. Here's who qualifies.CNBC - Business -
Most Americans in new survey say another world war likely in next 5-10 years
Most Americans say that there will be another world war in the next five to 10 years, according to a new YouGov survey. Around 61 percent of Americans in the survey said it is either “[v]ery likely” or “[s]omewhat likely” that another world war ...The Hill - Politics -
Drug overdoses reach another record with almost 108,000 Americans in 2022, CDC says
Nearly 108,000 Americans died of drug overdoses in 2022ABC News - Health -
Former DHS official says U.S. watching ISIS-K for threats "to American interests and homeland"
Samantha Vinograd, a CBS News contributor and former counterterrorism official for the Department of Homeland Security in the Biden and Obama administrations tells "Face the Nation" that when she worked with the agency, they "were concerned about ...CBS News - World -
What's in tattoo ink? Expert says some additives aren't on the packaging
Chemistry researchers found as much as 90% of tattoo inks in the U.S. might be mislabled, with some containing substances that could cause allergic reactions.CBS News - Top stories -
How life insurance can evolve into retirement income
Life insurance isn't just financial protection for your family; it can also protect you in retirement. Here's how.CBS News - Top stories -
RFK Jr. Names Nicole Shanahan, a Wealthy Lawyer, as Vice-Presidential Pick
Mr. Kennedy’s allies hope his choice of a wealthy Silicon Valley lawyer to be his running mate will inject new energy and financial support into his independent bid for the White House.The New York Times - Top stories -
The Risk and Reward of Taking the Unsexiest Job at a Sex Company
Adult-entertainment companies need white-collar professionals, but pivoting to a “normal”job later can be a challenge when your résumé is risqué.The Wall Street Journal - World -
Feds offer reward after UnitedHealthcare hack
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story State Department offers bounty for hack information The State Department said it would provide a $10 million reward for information about the ...The Hill - Politics -
It’s OK to use donations to pay Trump legal bills if ‘donors know,’ says fmr. RNC Chair McDaniel
Former Republican National Committee Chair Ronna McDaniel’s RNC replacements have vowed to use donations to pay off former President Trump’s legal bills. In an exclusive interview with Meet the Press, McDaniel says, “If they feel strongly [about ...NBC News - Politics - Donald Trump -
Remote workers who switch to in-office jobs are boosting their pay by as much as 30%, says new research
Wage increases for in-person jobs coincide with more companies cracking down on enforcing their return-to-office mandates.CNBC - Business -
Millions of Low-Income Families Set to Lose Internet Subsidies
The Affordable Connectivity Program, a $14.2 billion federal effort to make internet service more affordable, is expected to run out of funding this spring.The New York Times - Top stories -
Top Wall Street analysts like these dividend stocks for portfolio income
TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Bank of America and PepsiCo.CNBC - Business