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Credit card companies make money in a variety of ways.
Top credit card companies have stumbled on a winning formula at odds with almost every other sector of America’s inflation-obsessed economy: Raising their prices is good for business. A large ...
Chase Sapphire Leapfrogs Amex Platinum With a New $795 Annual Fee The price jump is part of an ongoing shift for credit card companies and airlines toward premium rewards and high-end travelers.
In early 2025, Americans made significant progress in reducing their credit card debt. According to a new report, during the first quarter of 2025, consumers in the United States paid off approxima… ...
The Marshall-Durbin Amendment’s fix is to let merchants pick between a minimum of two different credit card networks when processing a transaction. Simply creating competition will incentivize ...
At small mom-and-pop restaurants, diners are accustomed to signs restricting credit card use. Visit a hole-in-the-wall, and it might be cash only or cash-discounted or have a minimum $10 spend ...
Lawmakers voted to delay by a year the implementation of a ban on certain credit card fees as banks fight the ban in federal court.
Investor Kevin O'Leary warns Americans about high credit card interest rates, urging them to pay off their debt and avoid it to build wealth.
Weigel’s CEO writes: In 2024, businesses like mine paid $148 billion in credit card swipe fees. It’s time to break the Visa-Mastercard duopoly.
If the economy heads into a recession, consumers who signed up to get blockbuster points deals might find credit card companies changing their perks.
The Credit Card Competition Act is included as an amendment to the larger GENIUS Act cryptocurrency bill.
Oaktree Capital has struck a $250 million deal with Coign, a conservative-focused credit card company, marking one of the largest institutional investments in the so-called parallel economy.