Personal Finances – Page 64

Those Billion-Dollar Lottery ‘Jackpots’ Aren’t Even Half That Big

The latest enticing lottery prizes are the product of misleading advertising and high interest rates, our columnist says.

By Jeff Sommer

Banking and Financial Institutions Credit Cards Personal Finances Robinhood Financial LLC

A Review of Robinhood’s 3 Percent Cash-Back Card

Charles Schwab stopped offering a 2 percent card years ago, and most banks don’t hand over more than 2 percent either.

By Ron Lieber

Banking and Financial Institutions Credit Cards Personal Finances Shopping and Retail Suits and Litigation (Civil)

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

Financial Brokers Individual Retirement Accounts Labor Department (US) Personal Finances Regulation and Deregulation of Industry Retirement

Labor Department Proposes New Fiduciary Rule to Protect Investors

The Labor Department’s latest push for a new fiduciary rule would protect investors’ retirement savings and require financial services providers to change.

By Tara Siegel Bernard