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American Express Buys Tock to Pursue Customers Shelling Out on Dining
Posted inCredit Cards Mergers, Acquisitions and Divestitures Reservations (Airlines, Hotels, Etc.) Restaurants Resy Network Inc Squarespace Inc Tock LLC

American Express Buys Tock to Pursue Customers Shelling Out on Dining

The credit card company acquired Tock, a restaurant reservation company, after buying its rival, Resy, in 2019.
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Posted by By Emily Schmall
How Fed Rates Influence Mortgages, Credit Cards and More
Posted inAutomobile Financing Credit and Debt Credit Cards Home Equity Loans Inflation (Economics) Interest Rates Money Market Accounts Mortgages Personal Finances Student Loans United States Economy

How Fed Rates Influence Mortgages, Credit Cards and More

Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of debt.
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Posted by By Tara Siegel Bernard
When a Bank Rescinds a Job Offer Because It Canceled Your Credit Card
Posted inBanking and Financial Institutions Content Type: Service Credit Cards JPMorgan Chase & Company Labor and Jobs Personal Finances

When a Bank Rescinds a Job Offer Because It Canceled Your Credit Card

Last year, JPMorgan Chase wanted to pay Mansoor Shams a low-six-figure salary to work in a marketing role. Then it reviewed his account activity.
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Posted by By Ron Lieber
Judge Blocks New U.S. Rule Limiting Credit Card Late Fees
Posted inBanking and Financial Institutions Chopra, Rohit Consumer Financial Protection Bureau Courts and the Judiciary Credit Cards Personal Finances Pittman, Mark T Suits and Litigation (Civil) Texas United States Chamber of Commerce

Judge Blocks New U.S. Rule Limiting Credit Card Late Fees

Set to take effect on Tuesday, the rule would save households $10 billion a year in “junk fees,” the Consumer Financial Protection Bureau said.
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Posted by By Cade Metz

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