Credit Cards – Page 11

Visa and Mastercard Agree to Cap Swipe Fees in Settlement

The deal could save merchants $30 billion over five years. It would also allow them to adjust prices based on the costs of accepting different credit cards.

By Tara Siegel Bernard

Artificial Intelligence Content Type: Service Credit Cards Elections Inflation (Economics) Interest Rates Personal Finances Stocks and Bonds United States Economy

In the Markets, a Tug of War Between Big Tech and the Fed

On Wall Street, excitement about A.I. outweighs concern about interest rates. But rocketing stocks could make it tough for the Federal Reserve to cut rates.

By Jeff Sommer

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What the Fed’s Rate Moves Could Mean for Loans, Mortgages and Savings

Higher rates benefit those who can save, but for borrowers, falling rates would reduce bills on credit cards, student loans and other forms of debt.

By Tara Siegel Bernard

Banking and Financial Institutions Consumer Bankers Association Consumer Financial Protection Bureau Consumer Protection Credit Cards Regulation and Deregulation of Industry Suits and Litigation (Civil) Texas United States Chamber of Commerce

Trade Groups Sue to Block Credit Card Late Fee Limit

Banking groups and Texas business associations asked a federal court to abolish a new federal rule that would cap most late fees at $8.

By Stacy Cowley