Stocks declined Wednesday as weak demand for today's Treasury auction and a sharp drop in oil prices dragged on the market. A disappointing durable-goods report didn't help either.

Stocks declined Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.

Futures tumbled Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.

Lydia Alcock doesn’t seem like the kind of kid who would run up a $23 quadrillion bill on her Visa Buxx card.

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.

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.

Investors, start-ups and major corporations are pouring money into services that make it easier to use cellphones to buy goods and transfer money, the New York Times reports.

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.

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.

With both economic growth and corporate profits under extreme pressure these days, corporate tax rates are under greater scrutiny around the globe.  So, which countries have the highest corporate tax rates? Click ahead to find out! And in case you were wondering, the lowest rates for OECD member countries are in Ireland (12.5%) and Iceland (15%).