Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
Syria's Kurds said Syrian government forces agreed Sunday to help them fend off Turkey's invasion.World Newsread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
Hagibis dropped record amounts of rain for a period in some spots, according to meteorological officials, causing more than 20 rivers to overflow.Asia Newsread more
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
Any shopper who's been to the mall this holiday season has heard the pitch: Do you have one of our store credit cards? If you sign up today, you'll get an extra 20 percent off your purchase. Plus rewards!
Maybe you shouldn't be so quick to turn a deaf ear to these offers. Racked.com dug into the terms for major retailers' cards and came up with nine that have juicier benefits than your typical rewards credit card. (There's also a naughty list including Saks and J. Crew that, the site said, aren't worth applying for.)
The Gap Visa card, for example, offers five points per dollar spent at Gap and its sister brands, which include Old Navy, Banana Republic and Piperlime, and one point per dollar everywhere else. Cardholders earn $10 in rewards for every 200 points earned—on the highest-earning, cash-back card, the same $200 in purchases would get you $4, max. Of course, you'd have to be a big fan of Gap brands to really benefit.
Still, it's worth noting that even the most rewarding store credit cards can be a horrendous deal if you carry a balance. The average low-interest credit card has rates of 11.09 percent, and cash-back cards 16.42 percent, according to Bankrate.com. The "best" cards Racked.com assessed, in comparison, have rates ranging from 10.9 percent to 26.99 percent. And that lowest rate, on Nordstrom's card, is only for applicants with excellent credit. Less-creditworthy applicants could see rates as high as 22.9 percent.
High rates haven't stopped people from applying. Retailers issued 21.7 million new cards in the first half of this year, a seven-year high and an increase of 2.7 percent from a year earlier, according to Equifax. In September, the credit bureau said, outstanding balances on store cards totaled $195 million, the highest level since January 2009.