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New Rule Opens Credit Card Companies, Banks To Class-Action Suits
The Consumer Financial Protection Bureau said the new regulation, set to take effect in 60 days, would prevent financial institutions from requiring that disputes be settled by arbitration.
At Davos, Trump calls for laws to make housing and credit cards more affordable
At Davos, President Trump called on Congress to pass two laws to help with housing affordability: a ban on large investors buying up houses, and a 10% cap on credit card interest rates.
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•
4:41
Banks Bet On Plastic As U.S. Credit Card Debt Nears $1 Trillion
As consumers swipe more often, card debt is climbing back towards its pre-recession peak of $1.02 trillion.
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3:40
What Trump's proposal for a 10% cap on credit card interest could mean for consumers
President Trump is calling for a one-year cap on credit card interest rates at 10%.
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3:46
Amid sharp interest rate hikes, credit card balances can be costly for consumers
Americans have blasted through their pandemic savings and are increasingly turning to credit cards to sustain their spending. But keeping a balance on a credit card is getting more expensive.
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3:27
Global Payments Says 1.5 Million Credit Card Numbers May Be Compromised
The data breach has been contained, the company added.
Applebee's Customers In 15 States May Have Had Credit Card Information Exposed
A franchise owner of 167 Applebee's restaurants in 15 states says malware on its point of sale systems could have exposed customers' credit card information to hackers.
Why Teamsters won't endorse a candidate for 2024. And, how to avoid credit card debt.
The Teamsters, a large and prominent union, is not endorsing a presidential candidate this cycle, breaking away from what other labor unions are doing. And, tips on how to avoid credit card debt.
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13:35
'Sherlock,' 'House Of Cards' Top China's Must-Watch List
A popular cafe in Shanghai named after Sherlock Holmes' London address opened last year and features near-shrine-like treatment of the show's actor, Benedict Cumberbatch.
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7:11
The financial industry may use credit card data to identify suspicious gun purchases
Every time you swipe a credit card, you produce data. Now, a new tool could help the financial industry use that data to identify suspicious gun purchases. But will they want to use it?
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3:34
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