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  • American Express profit hurt by strong U.S. dollar Wednesday, 22 Jul 2015 | 4:14 PM ET

    July 22- Credit card issuer American Express Co reported a 5 percent fall in quarterly profit as a stronger dollar reduced revenue from markets outside the United States. The company's net income attributable to common shareholders declined to $1.44 billion, or $1.42 per share, in the second quarter ended June 30, from $1.52 billion, or $1.43 per share, a year...

  • Trades to go: Earnings edition Wednesday, 22 Jul 2015 | 1:40 PM ET

    The "Halftime Report" traders give their trades for the second half.

  • Cook County sheriff sued in adult services ad fight Wednesday, 22 Jul 2015 | 10:41 AM ET
    Cook County Sheriff Tom Dart.

    Online classified portal Backpage.com sued Sheriff Tom Dart after he pressed credit cards to cut off the website, USA Today says.

  • *Citi to pay $700 mln in relief to borrowers. July 21- Citigroup Inc's consumer bank has been ordered to pay $700 million in relief to borrowers for illegal credit card practices, the U.S. Consumer Financial Protection Bureau said. Citi will also pay civil penalties of $35 million each to the consumer finance watchdog and the Office of the Comptroller of the...

  • July 21- Citigroup Inc's consumer bank has been ordered to pay $700 million in relief to borrowers for illegal credit card practices, the U.S. Consumer Financial Protection Bureau said. The $770 million total payout is about 1 percent of Citi's estimated revenue for 2015, according to Thomson Reuters StarMine. "Citi is fully reserved to pay costs associated...

  • July 21- Citigroup Inc's consumer bank has been ordered to pay $700 million in relief to borrowers for illegal credit card practices, the U.S. Consumer Financial Protection Bureau said. Citigroup is not the only big U.S. bank whose credit card practices are under scrutiny. Citigroup shares were up 0.6 percent at $59.19 in late morning trading on the New York Stock...

  • Delta plans to radically change its SkyMiles program Tuesday, 21 Jul 2015 | 6:52 AM ET
    Delta Airlines planes sit at Terminal 4 at John F. Kennedy Airport in New York.

    Delta Air Lines will radically change its SkyMiles frequent flier program next year.

  • Delta causes more headaches with Skymiles changes Thursday, 16 Jul 2015 | 7:11 AM ET
    Delta Airlines planes sit at Terminal 4 at John F. Kennedy Airport in New York.

    It's been a few months, so Delta decided it was about time to make even more changes to its recently revised SkyMiles program.

  • TORONTO, July 14- Bank of Nova Scotia said on Tuesday it will buy Citigroup Inc's retail and commercial banking operations in Panama and Costa Rica, expanding its presence in Central America. The Canadian lender, which operates under the Scotiabank banner, said the deal will lift its market share in credit cards to about 18 percent in Panama and to 15 percent in...

  • July 8- JPMorgan Chase& Co will pay $136 million and reform its credit card collection practices as part of a joint state-federal settlement, U.S. state attorneys general and the Consumer Financial Protection Bureau said on Wednesday. It will also pay at least $50 million in consumer refunds and $30 million to the Office of the Comptroller of the Currency in a...

  • AUTHORITIES OVER CREDIT CARD COLLECTION PRACTICES, BAD DEBT SALES-- NEW YORK ATTORNEY GENERAL.

  • JPMorgan pays up Wednesday, 8 Jul 2015 | 10:00 AM ET
    JPMorgan pays up

    Reports are JPMorgan will pay $125 million to settle credit card debt probes.

  • EXCLUSIVE: JPMORGAN CHASE TO PAY AT LEAST $125 MILLION TO SETTLE U.S.

  • Gen X, baby boomers see credit cards as a lifeline Tuesday, 7 Jul 2015 | 11:02 AM ET
    Credit card transaction

    A new survey suggests more Generation Xers are comfortable using their credit card as a lifeline as they are saddled with debt. USAToday reports.

  • July 6- In the midst of moving from Atlanta to St. Louis last year, Thomas Nitzsche discovered his parked rental car had been hit by another car, causing $791 in damage. To keep costs low, he had rejected the "collision damage waiver" insurance offered by the rental car company, which can run as much as $45 a day and can include a deductible. It took three months or so for the...

  • July 1- Real estate developer Donald Trump's string of luxury hotel properties, The Trump Hotel Collection, could be the latest victim of credit card breach, KrebsonSecurity reported, citing data shared by several U.S.-based banks. Credit card data at various Trump properties in the United States, including those in Chicago, Honolulu, Las Vegas, Los Angeles,...

  • July 1- Real estate developer Donald Trump's string of luxury hotel properties, The Trump Hotel Collection, could be the latest victim of credit card breach, KrebsonSecurity reported, citing data shared by several U.S.-based banks. Credit card data at various Trump properties in the United States, including those in Chicago, Honolulu, Las Vegas, Los Angeles,...

  • July 1- Real estate developer Donald Trump's string of luxury hotel properties, The Trump Hotel Collection, could be the latest victim of credit card breach, KrebsonSecurity reported, citing data shared by several U.S.-based banks. Credit card data at various Trump properties in the United States, including those in Chicago, Honolulu, Las Vegas, Los Angeles,...

  • ATHENS, June 29- Greece imposed capital controls and ordered banks to close temporarily after the European Central Bank froze a vital financial lifeline following the breakdown of bailout talks between Athens and foreign creditors. All credit institutions in Greece, including branches of foreign banks, are affected. -Payments via debit or credit cards to...

  • UPDATE 1-Credit bureau TransUnion's shares rise in debut Thursday, 25 Jun 2015 | 11:09 AM ET

    June 25- Shares of credit bureau TransUnion rose as much as 10 percent in their debut, valuing the company at about $4.5 billion. TransUnion provides a number of information services for businesses and consumers such as consumer credit reports, risk scores and analytical services. TransUnion raised $664.8 million after the 29.5- million-share offering was...