Attorney representing class action against American Express blasts company after it allegedly seeks to dismiss
The attorney representing plaintiffs in a class action lawsuit alleging racial discrimination by American Express sent a letter to the company's lawyers accusing it of hypocrisy.
Visa profit jump, boosts dividend, shares rise
Visa reported better-than-expected earnings, a boost of its quarterly dividend as well as a new stock repurchase program sending shares higher.
Credit cards can be a trap: Money expert Dave Ramsey’s best tips on cutting out cards
Ramsey Solutions personal finance experts Dave Ramsey and George Kamel joined "Fox & Friends" and shared tips with Fox News Digital on how to live without credit cards amid high interest rates and inflation.
Despite inflation, Americans’ monthly debt bills are below pandemic levels, Experian says
In a blog post, Experian wrote that overall monthly debt payments "are still lower than they were during the pandemic."
Visa, Mastercard draw new government scrutiny over debit-card routing
Visa and Mastercard are being investigated by the Federal Trade Commission over their methods of routing digital transactions involving security tokens.
Surging inflation: How to trim $200 from your monthly budget
Limiting subscriptions to streaming services, fitness memberships and knowing when to save money by dining in are some ways to cut down on your monthly budget.
Apple to offer Goldman Sachs savings accounts to Apple Card holders
Apple will start offering high-yield savings accounts to its credit cardholders in partnership with Goldman Sachs, according to a Thursday press release.
Inflation sees slight improvement in September but still near record-high level
High inflation in September means the Federal Reserve is likely to remain 'hawkish' in its monetary policy, a financial expert said.
Credit card debt burdens nearly half of Americans, survey says: Here’s how to pay yours down
Credit card debt affects nearly half the country and the average American has an outstanding balance of more than $6,000, according to a recent survey. Here's how you can pay off your credit card debt quickly.
AmEx names former SEC chairman to board
Jay Clayton, known for his role as chairman of the Securities and Exchange Commission from May 4, 2017, until Dec. 23, 2020, joined American Express' board of directors.
Average millennial owes more than $100K in non-mortgage debt: survey
The average millennial is dealing with substantial debt, making it hard for them to plan for the future, a Real Estate Witch survey said.
USPS workers arrested in $1.3M credit card fraud, identity theft scheme
The Justice Department said several Postal Service employees had been arrested in connection with the theft and unauthorized use of credit cards and identities.
Many college students with credit cards have debt, survey says
A recent U.S. News & World Report survey said 46% of college students with credit cards have debt.
Credit unions' unsecured personal loan balances increase: report
Unsecured personal loans saw the biggest balance increase among loans borrowed from credit unions, a recent report by CUNA Mutual Group showed.
3 more plaintiffs join class action against American Express alleging discrimination toward White employees
Three new class representative plaintiffs have joined a class-action lawsuit against American Express alleging that the company racially discriminated against White employees.
CFPB looks to regulate buy now, pay later companies
The Consumer Financial Protection Bureau (CFPB) said it plans to issue guidance or rules that would bring the buy now, pay later (BNPL) sector in line with the standards that Congress has already established for credit cards.
Rewards credit cards can be 'inflation fighters' but only if used correctly, expert warns
Credit card rewards can be a great way to get extra cash in today's economic turmoil as long as they are being paid off on time. If not, your costs may outweigh your rewards.
US consumers swap credit cards for other financing options: J.D. Power
Financial stress and the use of alternative financing options means consumers are relying less on traditional credit cards, a study from J.D. Power said.
Dave Ramsey's best advice for fixing credit card debt: 'People are hurting'
Amid today's latest Federal Reserve rate hike plus high inflation, personal finance expert and author Dave Ramsey shared advice for American consumers about getting their credit card balances down.
Why you should not put charges on your credit card amid today's high inflation
After a pandemic and now record-high inflation, many Americans are piling up credit card debt to cover expenses and pay bills. Yet this is not wise — here's how to break the cycle.

















