Credit Karma Tricked Customers over Credit Card Offers Ftc Says
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Lowe’s credit card now has a 31.99% interest rate. Customers call it ‘loan sharking.’
“These interest charges could be astronomical on a big purchase,” says one credit-card expert.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 -
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 -
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 -
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 -
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 -
How the Visa-Mastercard swipe-fee settlement could affect 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 -
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 -
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 -
Robinhood wants to be ‘a one-stop shop’ with its new credit card. Is the Robinhood Gold card a good deal?
Here’s who should consider applying for the 3% cash-back gold cardMarketWatch - Business -
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 -
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 -
UBS makes Ermotti best-paid European bank boss
Swiss lender awards returning chief executive $15.9mn for steering integration of Credit SuisseFinancial 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 -
UBS CEO Ermotti to Steer Credit Suisse Integration
UBS said said Sergio Ermotti is set to stay as chief executive officer to see through the integration of Credit Suisse, and sought to address concerns about its size and potential needs for tighter regulation.The Wall Street Journal - World -
UBS CEO Ermotti to Steer Credit Suisse Integration
UBS said said Sergio Ermotti is set to stay as chief executive officer to see through the integration of Credit Suisse, and sought to address concerns about its size and potential needs for tighter regulation.The Wall Street Journal - Business -
Private-Credit Firms Awash in Cash Boost Hiring
Private-credit firms stoked by surging demand for nonbank lending are pulling out all the stops to hire talent, driving up overall compensation levels and sometimes taking each other to court.The Wall Street Journal - World -
I.R.S. Stepping Up Efforts to Squash Fraud in Tax Credit Program
The Employee Retention Tax Credit continues to be ripe for abuse as Congress mulls shutting the program down.The New York Times - Business -
S&P Global Cuts Paramount Credit Rating Into Junk Territory
The ratings company cut Paramount Global to BB-plus from BBB-minus, citing continuing cord cutting and elevated investments required to support the buildout of streaming services.The Wall Street Journal - World -
Carbon Credits Draw Fresh Attention Under SEC's New Climate Rules
Several private-equity firms have entered the carbon-credit market, seeing opportunity in the demand for high-quality credits as new pollution-disclosure rules are expected to bring more transparency to the sector.The Wall Street Journal - World - Climate -
Biden, Fighting for Credit and Raising Cash, Gets Help From Clinton and Obama
A fund-raiser on Thursday intends to raise $25 million to help re-elect the president, who has amassed a roster of achievements, but whose approval ratings are the lowest of the three.The New York Times - Top stories - Joe Biden -
UBS said Sergio Ermotti would stay on as chief executive officer to see through the integration of Credit Suisse.
UBS said Sergio Ermotti would stay on as chief executive officer to see through the integration of Credit Suisse.The Wall Street Journal - World -
TikTok is under investigation by the FTC over data practices and could face a lawsuit
A person familiar with the matter says the Federal Trade Commission is investigating TikTok over its data and security practicesABC News - Tech - Tiktok -
TikTok is under investigation by the FTC over data practices and could face a lawsuit
A person familiar with the matter says the Federal Trade Commission is investigating TikTok over its data and security practicesABC News - Top stories - Tiktok -
McDaniel says Dolphins have offer out to OBJ
The Miami Dolphins made wide receiver Odell Beckham Jr. a contract offer last week, coach Mike McDaniel said Monday.ESPN - Sports -
Temu U-turns on terms of cash 'giveaway' offer
The retailer changes what it can do with customer data after privacy concerns were raised.BBC News - Top stories -
North Korea says Japan's prime minister offered to meet with leader Kim Jong Un soon
North Korea says Japanese Prime Minister Fumio Kishida has offered to meet with North Korean leader Kim Jong Un soon but stressed that prospects for any summit would depend on Tokyo tolerating its weapons program and ignoring past abductions of ...ABC News - Top stories - North Korea -
Robert Kraft says Patriots willing to match Calvin Ridley's top offer, but WR's wife wanted to stay in South
Kraft added that the Patriots' quarterback situation may have also contributed to the decisionCBS Sports - Sports -
Ice Cube says BIG3 made Caitlin Clark 'historic' $5 million offer to play in 3-on-3 basketball league
Hip-hop mogul Ice Cube announced Wednesday that his BIG3 basketball organization offered superstar college player Caitlin Clark $5 million to suit up for the league.NBC News - Top stories -
It’s time to buy the next leg of the AI story. Think global, says Citi, offering these stock picks.
Citigroup analysts are greenlighting the next round of AI stock buying, but say look beyond U.S. shores.MarketWatch - Business -
Tricks to Get Netflix, Hulu and Other Services to Recommend Better Shows
You’re scrolling and scrolling but find nothing to watch. It’s time to get your streaming service to know you better.The Wall Street Journal - Tech -
Barclays bank payments restored after outage
The bank has apologised as some customers experienced issues with payments into and out of accounts.BBC News - Top stories -
Biggest Gains in Customer Satisfaction in the Management Top 250
Merck is first, with Altria Group and Moody’s close behindThe Wall Street Journal - World -
Biggest Gains in Customer Satisfaction in the Management Top 250
Merck is first, with Altria Group and Moody’s close behindThe Wall Street Journal - Business -
Qualcomm Abandons Bid to Buy Autotalks, FTC Welcomes Decision
The U.S. mobile-phone chip maker had signed the deal in May 2023 to strengthen its portfolio of Snapdragon chips for auto makers, but the proposed takeover faced competition probes from the U.S. Federal Trade Commission and U.K. regulators.The Wall Street Journal - World -
TikTok Talks With FTC Near End as Chinese Sellers Complain About Crackdown
Recent developments in the social media platform's saga show no clear indication of how it will be resolved, but users are feeling the effects.Inc. - Business - Tiktok -
Qualcomm Abandons Bid to Buy Autotalks, FTC Welcomes Decision
The U.S. mobile-phone chip maker had signed the deal in May 2023 to strengthen its portfolio of Snapdragon chips for auto makers, but the proposed takeover faced competition probes from the U.S. Federal Trade Commission and U.K. regulators.The Wall Street Journal - Tech -
FTX customers in line for higher payouts as crypto prices soar
Administrators raise $884mn from partial sale of stake in AI start-up AnthropicFinancial Times - Business - Crypto -
Sue Bird Says 'the Shut-Up-and-Dribble Era' Is Over--on the Court and at the Office
This March Madness, take some notes from the leadership playbook of the two-time NCAA champion turned entrepreneur, who stopped by the Inc. Founders House at SXSW.Inc. - Business -
UK politicians need to get over Brexit and prioritise trade, say businesses
Britain’s reputation as an investment partner demands urgent work, BCC warnsFinancial Times - Business - United Kingdom