Tennessee, Montana AGs lead effort questioning credit card CEOs about tracking gun purchases
Attorneys general from Tennessee, Montana and 22 other states warned credit card companies a plan to track gun purchases could violate consumer protection laws.
American Express hiring 1,500 tech workers
American Express plans to hire 1,500 workers for various technology jobs by the end of the year, the credit card company said Monday. The company employed over 60,000 in 2021.
Senate Republicans demand credit card companies reverse decision to track gun store sales
A group of Senate Republicans sent a letter to the CEOs of Visa, Mastercard and American Express demanding they reverse the decision to track gun store sales.
House Republicans demand answers as credit card companies pressured to track gun purchases
House Republicans asked credit card CEOs if they are going to support a move to create individual codes identifying gun purchases, making it easier to track individual buyers.
Some consumers using credit card rewards to pay for essentials amid high inflation, study says
A Wells Fargo study said that consumers are increasingly using credit card rewards as a way to offset higher costs.
Average credit card rate highest since 1996
The average credit card rate has reached its highest level in decades, hitting 17.96% on Wednesday, according a recent survey from Bankrate.com.
Illinois music festival attendees shocked by high charges due to payment glitch: 'It added one or two zeros'
Several guests at the Sacred Rose Music Festival in Bridgeview, Illinois, experienced thousands of dollars of incorrect charges after a payment error added zeros to their tips.
New York City officials urge credit card companies to track gun and ammo sales, flag 'suspicious' sales
New York City Mayor Eric Adams and state officials are calling on credit card companies like American Express, MasterCard and Visa to uniquely flag gun-related credit card purchases.
American Express slapped with lawsuit alleging discrimination against White employees
A class action lawsuit filed Tuesday alleges that American Express discriminates against White employees and shows "callous indifference" to civil rights law.
Back-to-school scams: College students beware of potential scheming swindlers
College is back in session, which means college students are preparing to dole out a hefty chunk of change on tuition fees and school supplies. They are targets for scammers.
Seattle CEO who made headlines for pay cut so workers could earn $70K resigns
Dan Price announced on Twitter that he was stepping down as CEO of credit card processing company Gravity Payments so he could fight "false accusations" of assault.
NerdWallet CEO reveals the best credit cards for ‘trimming costs’ amid record inflation
NerdWallet CEO and founder Tim Chen provides professional insight into the role of credit cards and interest rates amid the current economic landscape.
Small businesses deserve relief from soaring credit card swipe fees
Small businesses are struggling to cope with soaring credit card swipe fees. Congress can make a difference if lawmakers approve the Credit Card Competition Act of 2022.
Dave Ramsey’s inflation survival tips
Inflation has created big financial problems for families and host and author Dave Ramsey has some tips to help them through this difficult time.
CFPB is investigating Goldman Sachs’s credit-card practices
Goldman Sachs is under investigation by the CFPB related to its credit card business, one that is expected to bring in over $4 billion in revenue by 2024.
Lawsuit accusing Pornhub parent Mindgeek of monetizing child pornography can move forward, judge rules
A California judge has ruled that a lawsuit accusing Visa and Pornhub parent company MindGeek of violating child porn and trafficking laws by monetizing illegal content can move forward.
Household credit card debt surges in second quarter, highest jump in over 20 years
American household credit card debt surged by the highest amount in over 20 years during the second quarter, according to the New York Federal Reserve.
This is how much credit card late fees cost customers per year, the CFPB says
Consumers are paying about $12 billion per year in credit card late fees. Now, the CFPB is looking into what credit card companies are charging consumers.
3 in 4 online shoppers experience buyer's remorse, survey says
Online shopping can result in impulse purchases and the temptation to overspend, keeping consumers from meeting their financial goals, according to a new survey.
Here's how to stay debt-free after credit card consolidation
Make the most out of your debt repayment plan by taking these simple financial steps after credit card consolidation.

















