These stocks in the S&P 500 have significantly moved away from their trading ranges and may be due for a pop.» Read More
Here are a few smart reasons to consider using credit cards over cash when shopping this holiday season. NBC News reports.
NEW YORK, Nov 19- The credit card industry won a big legal victory on Thursday as a federal appeals court rejected claims by a group of consumers that big issuers colluded to require that disputes be settled in arbitration rather than through class action lawsuits. By a 3-0 vote, the 2nd U.S. Circuit Court of Appeals in New York upheld a lower court ruling that...
Morgan Stanley plans to offer savings accounts and certificates of deposits next year to wring more profit from its wealth management clients.
Millennials think they know a lot about their credit score. Here's what they're missing.
"We're getting deeper into earnings season and not watching any one company, but the cumulative effect," said Mark Luschini at Janney Montgomery.
So far the earnings season has been lackluster, and some high-profile warnings have already given investors pause.
WASHINGTON, Sept 29- The U.S. consumer watchdog reported widespread failures in the servicing of student loans on Tuesday and urged new rules to protect borrowers. Among the problems cited by the Consumer Financial Protection Bureau: inaccurate loan statements; refinancing delays that kept borrowers in high-rate loans; lost payments; and surprise late fees.
CHICAGO, Sept 29- The majority of payment terminals at U.S. merchants will not be ready to accept cards with embedded microchips aimed at reducing fraud by Oct. 1, missing a deadline set by banks and credit card companies, according to the National Retail Federation. The urgency to meet the new standards, known as EMV, which stands for Europay, MasterCard and Visa, for...
Sept 10- Google Inc said it would roll out Android Pay, a one-touch payment app on Android devices, in more than 1 million locations in the United States on Thursday. The company said the payment service could be used at stores operated by companies including Aeropostale Inc, Macy's Inc, GameStop Corp and Staples Inc.. Android Pay will support credit and debit cards...
Amerrica’s credit card debt is the largest it's been since the Great Recession, according to a new analysis.
WASHINGTON, July 22- The banking arm of Discover Financial Services agreed to pay $18.5 million in consumer refunds and penalties on Wednesday to settle allegations of illegal practices tied to its student loan servicing business, a U.S. regulator said. The Consumer Financial Protection Bureau said that Discover Bank overstated the minimum amounts due on...
WASHINGTON, July 22- The U.S. Consumer Financial Protection Bureau on Wednesday directed Discover Financial Services' banking unit to pay $18.5 million in consumer refunds and penalties over accusations of illegal practices tied to student loan servicing. Discover overstated the minimum amounts due on billing statements and took unfair actions in debt...
*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...
Even if you're not a sports fan, many team credit cards are still offer lush cash-back benefits and low interest rates.
Financial stocks are surging, thanks to the Fed's signals it is raising rates and recommendations by major Wall Street research shops.
June 16- Credit card issuer Discover Financial Services said it would close its mortgage origination business and cut about 460 related jobs to focus on its direct banking products. Discover Financial, which acquired the mortgage origination business in 2012, said it would continue to originate home equity loans through Discover Bank.
U.S. equity markets may not have much more room to run in 2015, David Kostin told CNBC.
A survey shows Americans still have some big gaps in their knowledge about the high cost of low scores.
Some of the names on the move ahead of the open.
Outside of your Social Security number, your credit score may be the most important number you have. Here's how to improve it.