Latest in Retail Credit
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Retail credit card interest rates hit all-time high
The average rate on credit cards from some of America's biggest retailers has soared to an all-time high of more than 30%, according to personal finance site Bankrate. That's up from just over 24% ...Top stories - CBS News - 5 days ago -
How to get rid of credit card debt without ruining your credit
You don't have to sacrifice your credit score to get rid of credit card debt. There are lots of routes to consider.Top stories - CBS News - November 11 -
Will enrolling in a credit card debt management program hurt your credit?
Certain debt relief strategies can have a negative impact on your credit — but is debt management one of them?Top stories - CBS News - November 19 -
How will a late credit card payment impact my credit score?
Just one delinquent credit card payment could have a big impact on the health of your credit. Here's how.Top stories - CBS News - November 20 -
Will my credit score drop if I pay a credit card debt collector?
Paying off an old debt could have an impact on your credit score — but not always in the way you'd think.Top stories - CBS News - November 21 -
Retailers Stock Supersize TVs Ahead of Holiday Season
In Q4, giant TV sales see a marked holiday boom.Business - Inc. - November 4 -
Retailers Turn to Weather Strategies as Climate Changes
Major chains now factor weather conditions into promotional strategies, inventory decisions, and advertising campaigns.Business - Inc. - November 4 -
Retailers Jump at the Chance to Invest in Fifth Avenue
IKEA and Uniqlo join luxury fashion houses in owning, rather than leasing, huge retail spaces on the strip. Developers are cashing in.Top stories - The New York Times - November 5 -
‘Wicked’ takes over retail ahead of theatrical debut
“Barbie” painted the town pink in 2023, and now “Wicked” is upping the ante by adding a splash of green.Top stories - NBC News - November 9 -
China’s retail sales jump but property gloom persists
Policymakers have unveiled a range of stimulus measures to restore confidence in the economyWorld - Financial Times - November 15 -
Returns Are a Headache. More Retailers Are Saying, Just ‘Keep It.’
In a survey, nearly 60 percent of retailers said they had policies that refund customers for items that aren’t financially viable to send back.Business - The New York Times - November 15 -
Treasury yields finish mixed as spike in rates sparks buying demand
Yields on U.S. government debt closed little changed on Friday after a post-data spike in rates triggered buying demand for most Treasurys.Business - MarketWatch - November 15 -
October Retail Sales Figures Signal Economic Resilience
A positive October sales report shows a strong retail market.Business - Inc. - November 16 -
Installing E.V. Chargers is Finally Paying Off for Retailers
Companies see charging as a potentially profitable business in and of itself, not just as a spur for foot traffic and sales.Business - The New York Times - November 18 -
UK’s largest retailers warn Reeves her Budget makes job cuts ‘inevitable’
Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.Top stories - BBC News - November 19 -
Target shares tumble as retailer’s holiday forecast disappoints
US retailer blames muted sales of non-essential items and rising costsWorld - Financial Times - November 20 -
Which major retailers will be closed for Thanksgiving this year?
You'll have to wait until Black Friday to shop these stores.Politics - The Hill - November 21 -
Bogg Bags Is Launching in Target With a Smart Retail Strategy
Founder Kim Vaccarella anticipates her buzzy brand’s new move will resonate with new and existing customers.Business - Inc. - November 22 -
Massive organized retail theft operation in Queens busted
QUEENS, N.Y. (PIX11) -- One of the largest organized retail theft operations in the history of Queens has been busted with millions of dollars in seized stolen goods recovered. The thieves had an ...Politics - The Hill - 3 days ago -
This is how retailers get you to spend more money
As the holiday shopping season kicks off, here are five ways retailers try to get consumers to spend.Top stories - CBS News - 2 days ago -
For Retailers, Black Friday is Paramount. Here’s Why
Despite some downturn, Black Friday is still seen as the height of the holiday shopping season.Business - Inc. - Yesterday -
Retailers prepare for Black Friday shopping surge
Retailers are preparing for Black Friday, one of the biggest shopping days of the year, with two-thirds of holiday shoppers expected to make purchases this week. The biggest discounts Friday will ...Top stories - CBS News - Yesterday -
Is it ever OK to ignore credit card debt collectors?
It can be tempting to ignore debt collectors' aggressive tactics, but it's generally not the best approach to take.Top stories - CBS News - November 4 -
Tucker Carlson credits demons for the invention of nuclear technology
Ex-Fox News host makes bizarre claim on Steve Bannon’s podcast, days after saying a demon attacked him in his sleep. Demons that Tucker Carlson claimed attacked him as he slept were also ...World - The Guardian - November 4 -
State Street says it is ‘shopping’ for a private credit manager
Money manager tries to catch up with rivals as investors shift into unlisted assetsBusiness - Financial Times - November 5 -
‘Positive’ medical debt credit reporting is a Trojan horse
Congress shouldn’t be fooled and let a Trojan horse hurt consumers by nullifying state laws and the CFPB’s effort to get medical debt off credit reports.Politics - The Hill - November 6 -
Credit Agricole's Shares Fall After Mixed Results
Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.Business - The Wall Street Journal - November 6 -
What Trump's campaign credits its success to
President-elect Donald Trump's campaign told reporters about the strategy it says largely contributed to its success. CBS News' Jake Rosen has the details and Aaron Navarro reports on Vice ...Top stories - CBS News - November 6 -
Can credit card debt in collections be forgiven?
There are lots of ways to deal with credit card debt that's in collections — but is debt forgiveness one of them?Top stories - CBS News - November 7 -
Cop29: what are carbon credits and why are they so controversial?
Once heavily scorned because of fraud and poor outcomes, carbon trading is likely to be high on the agenda in Baku. For the next two weeks, countries will gather on the shores of the Caspian Sea in ...World - The Guardian - November 10 -
How to Choose the Right Travel Credit Card
Fees, sign-up bonuses and whether the card is aligned with a particular hotel brand or airline are all factors in the decision.Business - The New York Times - November 15 -
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Fitch Downgrades Spirit Airlines’ Credit Rating
Spirit Airlines is working on alternatives to improve its liquidity.Business - Inc. - November 16 -
Bolts escape, credit culture shift under Harbaugh
The defense and QB Justin Herbert buoyed the Chargers as they avoided another late-game meltdown to beat the Bengals on Sunday night, a scenario that illustrated how different the team is under ...Sports - ESPN - November 18 -
JPMorgan’s Chase UK bank launches first credit card
Digital-only bank makes first foray into lending after amassing more than £20bn in depositsBusiness - Financial Times - November 19 -
5 hidden costs of carrying credit card debt
These hidden costs are just as damaging — if not more so — than credit card interest and fees.Top stories - CBS News - November 22 -
Newsom Challenges Trump on Electric Vehicle Tax Credits
Gov. Gavin Newsom said California would fill the void for residents if the Trump administration killed a $7,500 E.V. tax credit.Top stories - The New York Times - 5 days ago -
The 10 U.S. states with the highest average credit scores
For the third year in a row, Minnesota residents have the highest average credit scores in the U.S., a recent report from WalletHub finds.Business - CNBC - 4 days ago -
Who qualifies for a credit card debt consolidation program?
While debt consolidation programs can offer relief from high-rate card debt, not everyone is eligible to enroll.Top stories - CBS News - 3 days ago