Visa and MasterCard are in talks with Fidelity to replace AmEx, Bloomberg cited the sources as saying.» Read More
Considering shares have climbed 20% over the past 5 days, how should you trade American Express ahead of earnings?
Merchants across the nation have spent years unsuccessfully fighting interchange fees, which generates an estimated $40 billion to $50 billion in income annually for banks that issue credit cards. But after Congress passed a law last month to protect consumers from excessive fees and interest on credit cards, merchants are mounting a fresh offensive.
Capital One Financial is drawing bullish trades in stock and options early Wednesday, after posting credit-card default numbers that were better than expected
Both the Dow and S&P 500 rebounded in late trading on Monday as investors' concerns about the strength of an economic recovery triggered a move into defensive stocks.
Despite swelling delinquencies and reform pressure from the government, credit card companies are using pricing power and staying power to emerge as a favorite among market pros.
With one day left in the quarter, the Dow and S&P ended in positive territory as fund managers snapped up winners in an attempt to embellish their portfolios.
We ran out of time on TV, so in this Web Extra you'll find tomorrow's best trades right now!
A crackdown on credit limits by card companies is squeezing the nation’s 27 million small businesses, exacerbating the problems brought on by a stagnant economy.
Financials weighed down the Dow and S&P on Wednesday as investors sifted through sweeping new regulations designed to eliminate excessive risk-taking on Wall Street.
Stocks ended flat Wednesday as tech and consumer stocks rebounded but banks dragged after a credit downgrade on more than a dozen companies.
Stocks ticked higher Wednesday as consumer stocks rebounded after a tame inflation reading but banks still dragged after credit downgrade. FedEx skidded after it issued a weak outlook.
Credit card holders who in ordinary years might have used their tax refunds to pay down their balances apparently spent the money elsewhere as the recession deepened in the first quarter.
There’s no keeping this market down. The S&P 500 recorded another day of gains; the current four-day advance is now the index's longest winning streak since early April.
Here's our Fast Money Final Trade. Our gang gives you Thursday's best trades, right now!
The bulls took charge of Tuesday’s trading and sent stocks more than 2 higher. The market's gains came after four straight days of losses.
Unemployment hit 8.9 percent in April and some predict that number could climb over 10 percent in 2009 as major companies further streamline operations to combat the recession. While some industries are more labor intensive than others, employee productivity is a key measure that managers and investors look at when evaluating performance. Take a look at which companies are squeezing the most out their shrinking workforces.
Peter Andersen of Congress Asset Management Company and Steve Grasso at Stuart Frankel, told CNBC how investors can prepare their portfolios for the weekend.
You likely know that President Obama is pressing to end abusive credit card practices. But there’s something else in the legislation...
If you're an investor who sells the rips and buys the dips then it's time to make your shopping list!
In time, markets will go higher — but there’s going to be a "vicious correction" along the way, said Doug Kass of Seabreeze Partners. Read his "Miley Cyrus" recovery theory.