Years-long push on swipe fees for credit cards gets a...
A bipartisan bill focused on credit-card swipe fees has failed to gain traction for years, but it has another shot in the U.S. Senate this week thanks to a separate...
Tag: credit
15 results found
The ‘mother of all credit squeezes’ is coming — hang...
Homes can’t find buyers; consumer confidence is buckling, and debt is mounting. Here’s how to steer your portfolio. Source link
Tech stocks took a hit after the last two U.S....
Investors should still watch rising bond yields, which could eat into appetites for high-growth tech stocks. Source link
Bond yields jump after Moody’s downgrade of U.S. credit. Why...
Yields in the Treasury market are rising, threatening to make it more expensive for consumers and the U.S. to manage debt. Source link
Mortgage rates jump above 7% after Moody’s downgrade of U.S....
The potential increase in mortgage rates could deliver a fresh blow to the housing market. Source link
Investors brace for reaction after Moody’s strips U.S. of its...
Strategists warned the move, announced after the market close on Friday, could spark some near-term selling in stocks and Treasurys. Source link
The U.S. just lost its last pristine credit rating. What...
Years of rising deficits and budget chaos finally caught up with the U.S. credit rating Friday when Moody’s Investor Service downgraded the government, stripping its last triple-A rating. Source link
House plan calls for annual fees of $250 for EVs,...
House Republicans’ plans for their party’s “big, beautiful” tax and spending bill include new federal fees for electric vehicles and hybrids. Source link
Republican Bill to End E.V. Tax Credit Could Hurt G.M....
Sales of electric vehicles have been rising in recent years, partly because of a $7,500 tax credit from the federal government that helps lower the cost of buying one. But...
Child tax credit to jump to $2,500 in House plan....
Republicans in Washington, D.C., are working on preventing a child tax credit of $2,000 from dropping back to the $1,000 level, as a key House committee has released its plan...
The student-loan trend that’s ‘alarming’ lenders: Even borrowers with great...
Delinquency trends are going from bad to worse, according to one analysis. Source link
Trump blames Biden for stock-market fall, a year after taking...
President Donald Trump on Wednesday blamed his predecessor, former President Joe Biden, for the stock market’s weak performance, as the main U.S. indexes headed for losses after a report showed...
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