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  • Early Glance: Credit Card companies Tuesday, 22 Jul 2014 | 11:16 AM ET

    American Express Co. rose$. 84 or. 9 percent, to $93.72. Capital One Financial Corp. rose$. 11 or. 1 percent, to $82.03. Discover Financial Services rose$. 92 or 1.5 percent, to $64.22.

  • Subprime woes are back: This time in used cars Sunday, 20 Jul 2014 | 12:00 AM ET
    Used cars are displayed on a sales lot in San Rafael, California.

    Millions of Americans with shoddy credit records are obtaining used car loans, resembling the subprime mortgage mess, The NYT found.

  • July 18- The success of General Electric Co's impending initial public offering for its private-label credit card unit could ride on investors' willingness to bet that a lukewarm consumer-led U.S. economic recovery heats up.

  • July 18- General Electric Co's credit card unit, Synchrony Financial, said it expects to raise up to $3.25 billion in a public offering of shares, in what is expected to be the biggest U.S. The offering of 125 million shares is expected to be priced at between $23 and $26 per share, the company said in a filing with the U.S. Securities and Exchange Commission on Friday.

  • The company said it expects to price the offering of 125 million shares at between $23 and $26 per share, the company said in a filing with the U.S. Securities and Exchange Commission on Friday.

  • GE targets late July for credit card IPO Friday, 18 Jul 2014 | 7:14 AM ET

    NEW YORK— General Electric is targeting late July for the initial public offering of its credit card business, named Synchrony Financial. General Electric Co. is trying to become a more focused industrial conglomerate by shedding other divisions such as NBC Universal, real estate and some banking operations.

  • Capital One profit rises 8 pct on card growth Thursday, 17 Jul 2014 | 4:18 PM ET

    July 17- Capital One Financial Corp, one of the largest U.S. credit card issuers, reported an 8 percent rise in quarterly profit as card loans grew and credit quality remained stable.

  • U.S. House passes spending bill with Dodd-Frank changes Wednesday, 16 Jul 2014 | 6:06 PM ET

    The Democrat-controlled Senate is not expected to approve the bill as it is now. Earlier this week, the White House said that President Barack Obama "strongly opposes House passage" of the appropriations bill and would veto it if the legislation reached his desk.

  • Feds seek to air consumer finance complaints Wednesday, 16 Jul 2014 | 5:51 PM ET

    WASHINGTON— The Consumer Financial Protection Bureau has heard from hundreds of thousands of consumers who feel wronged by banks and finance companies.

  • Midday Glance: Credit Card companies Wednesday, 16 Jul 2014 | 2:54 PM ET

    American Express Co. rose$. 06 or. 1 percent, to $94.51. Capital One Financial Corp. fell$. 60 or. 7 percent, to $84.30. Discover Financial Services rose$. 37 or. 6 percent, to $63.80.

  • WASHINGTON, July 16- The U.S. consumer finance watchdog on Wednesday proposed publishing on its website individuals' stories about bad experiences with credit cards, student loans and other financial services, prompting quick pushback from banks.

  • 5 money saving tips for exchanging currency Wednesday, 16 Jul 2014 | 1:26 PM ET

    NEW YORK— Headed overseas for summer vacation? It's easy to get hit with extra fees and expensive exchange rates when switching currencies. Most purchases should be done on the credit card, says James Gambaccini, a certified financial planner at Acorn Financial Services.

  • Early Glance: Credit Card companies Wednesday, 16 Jul 2014 | 11:11 AM ET

    American Express Co. rose$. 52 or. 6 percent, to $94.97. Capital One Financial Corp. fell$. 16 or. 2 percent, to $84.74. Discover Financial Services rose$. 32 or. 5 percent, to $63.75.

  • UK regulator imposes caps on payday loans Tuesday, 15 Jul 2014 | 8:15 AM ET

    LONDON— Britain's financial regulator on Tuesday announced new limitations on what payday lenders can charge their customers, the latest step in moves to tackle poor conduct in the short-term credit industry.

  • US consumer bureau sues debt-collection law firm Monday, 14 Jul 2014 | 5:35 PM ET

    The bureau's claim, filed in federal court in Atlanta, states that Frederick J. Hanna& Associates has filed hundreds of thousands of lawsuits on behalf of banks including JPMorgan Chase, Bank of America, Capital One and Discover without doing even basic checks to determine whether the people they sued actually owed debts.

  • Midday Glance: Credit Card companies Monday, 14 Jul 2014 | 1:29 PM ET

    American Express Co. rose$. 11 or. 1 percent, to $94.58. Capital One Financial Corp. rose$. 02 or percent, to $83.98. Discover Financial Services fell$. 16 or. 3 percent, to $62.40.

  • Early Glance: Credit Card companies Monday, 14 Jul 2014 | 10:47 AM ET

    American Express Co. rose$. 76 or. 8 percent, to $95.23. Capital One Financial Corp. rose$. 26 or. 3 percent, to $84.22. Discover Financial Services rose$. 32 or. 5 percent, to $62.88.

  • Midday Glance: Credit Card companies Friday, 11 Jul 2014 | 1:37 PM ET

    American Express Co. fell$. 33 or. 3 percent, to $94.14. Capital One Financial Corp. rose$. 06 or. 1 percent, to $83.75. Discover Financial Services fell$. 12 or. 2 percent, to $62.54.

  • Early Glance: Credit Card companies Friday, 11 Jul 2014 | 10:30 AM ET

    American Express Co. fell$. 38 or. 4 percent, to $94.08. Capital One Financial Corp. fell$. 18 or. 2 percent, to $83.51. Discover Financial Services fell$. 44 or. 7 percent, to $62.22.

  • WASHINGTON, July 10- The U.S. consumer watchdog on Thursday said payday lender ACE Cash Express must pay $10 million to settle accusations that it had used unfair debt collection practices, such as threatening to sue borrowers, to pressure them into taking out new loans.