Capital One and Discover Can Merge, Regulators Say

Capital One and Discover Can Merge, Regulators Say

Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard. But consumer advocates warn that the deal may raise costs.
Court Scraps $8 Limit on Credit Card Late Fees

Court Scraps $8 Limit on Credit Card Late Fees

The Consumer Financial Protection Bureau switched sides and backed a federal lawsuit by banks and business groups seeking to eliminate a fee cap the bureau set last year.
Can I Get a Refund After Booking the Wrong Hotel Dates Online?

Can I Get a Refund After Booking the Wrong Hotel Dates Online?

If airlines must refund airfare up to 24 hours after purchase, why not hotels? A traveler finds that even two minutes is too late to cancel a botched reservation at a ski resort.