6 best money tips for new college grads
As you enter the workforce after graduation, you should get started on the right financial path. Here are six tips to help you manage your money wisely.
Consumer borrowing goes up again with 3.6% rise in July
U.S. consumer borrowing rose by a solid 3.6% in July, the second monthly gain after the coronavrius pandemic had sent borrowing down sharply in the previous three months.
Navarro slams Biden as siding with credit card companies over consumers with 2005 bankruptcy bill
White House trade adviser Peter Navarro slammed Democratic presidential nominee Joe Biden as an ally of credit card companies over average Americans on Sunday.
US credit card debt declines slightly in June
The drop in credit card debt underscores how the pandemic affected consumer spending habits, as households did not want to take on additional debt.
Capital One slapped with $80M fine for 2019 data hack
Capital One must submit a plan to the U.S. central bank within 90 days outlining how it intends to improve the protection of customer's personal information.
American Express profit plunges 85% as coronavirus zaps spending
American Express, which earned $257 million in the second quarter, said cardholder spending hit bottom in April before improving in May and June.
Why you might not want to zero out every credit card
Contrary to common belief, having 1% of your credit limits in use may help your credit score even more than showing 0% usage.
Merchants lost $20.3B to false credit card declines in 2019: Study
Businesses in the U.S. and 3 other countries lost $20.3 billion in 2019 due to false card declines.
American credit card debt plunges during coronavirus pandemic
American credit card debt plummeted during the coronavirus pandemic, dropping below $1 trillion for the first time in years.
How Americans are using credit card rewards during coronavirus: PayPal
In a recent credit card survey, PayPal reported how Americans are using their credit card points during the coronavirus.
Coronavirus caused surge in online fraud, TransUnion finds
The report found the uptick in fraudulent activity may be linked to the increase in "card not present" activity amid a 250 percent surge in digital transactions since the pandemic began.
Wirecard slumps 40% as search for missing billions turns to Philippines
It is the second day of declines for shares of the company
American Express gets nod to start operating card network in China
Company says it is first foreign payment network to be licensed to clear domestic transactions in mainland China
Borrower, beware: credit-card fraud attempts rise during the coronavirus crisis
Fraudsters are increasingly using pilfered credit-card numbers and phishing attacks to prey on overwhelmed consumers and banks during the coronavirus pandemic.
Coronavirus prompts Mastercard to allow staff to work from home until there’s a vaccine
The payment processor is also considering consolidating offices.
The 5 US cities with the best credit scores
Some issuers have said they would waive fees and interest for those struggling in the coronavirus fallout.
Credit card use dropped alongside coronavirus shutdowns, job loss in March
Consumers stopped using their credit cards in March as the coronavirus shut down the economy, according to data from the Federal Reserve.
Mastercard says touchless transactions spiked amid coronavirus worries
Mastercard Inc. President Michael Miebach said contactless transactions increased 40% worldwide in the quarter that ended in March, and he expects those habits to last.
American Express profit sinks 76%
American Express' first-quarter profit plunged 76 percent from a year ago as the financial-services provider set aside $2.6 billion for losses.
If you must go into debt, here's what to consider
While often discouraged by financial planners, more debt might be a necessity given the depths of economic hardship wrought by the pandemic.















