Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
What do affluent Americans want in a credit card?
Turns out it's not so different from what the rest of the country wants: cash back. Sixty percent of credit card holders with investable assets of $100,000 or more say cash back is their favorite credit card perk, according to a new CreditCards.com survey. Just 22 percent said they preferred frequent flier miles.
That's in line with a recent Fidelity survey that found 55 percent of cardholders own a rewards credit card and, among them, nearly two-thirds prefer a cash-back rewards card. (Credit cards offering points toward merchandise, airline miles, or gas and dining discounts followed.)
The Creditcard.com survey found some differences among cardholders. Cash back is more attractive to wealthy women than men, for example. Affluent women prefer cash back over miles nearly four-to-one (67 percent to 17 percent), while wealthy men prefer cash back more than two-to-one (56 percent to 25 percent). Millennials are also far more likely to opt for cash back over other rewards. Two-thirds said they prefer cash-back cards, while just 14 percent opt for miles.
Cash back was the top-rated perk among even the wealthiest Americans. Fifty-three percent of those with investable assets of $500,000 or more said they prefer cash back over other rewards, while one-third said they'd choose miles.
Read MoreThe best of the best credit cards
Rewards credit cards have become increasingly popular. A 2014 CardHub study found the value of credit card rewards has increased to record levels in recent years with issuers using initial rewards bonuses worth hundreds of dollars to attract consumers with good credit. But many consumers don't cash them in: While roughly $48 billion in loyalty rewards are dispensed each year, CardHub found, one-third of that amount is never redeemed. The top reason? Simple forgetfulness.
Reward limitations can also play a role. Some rewards have expiration dates. Other card issuers have limitations on when or how the card rewards can be cashed in. So consumer advocates say it's important to read the fine print and to select a card with rewards that match your needs.
"These cards can be a good deal, but you want to get something that fits your life," said CreditCards.com senior industry analyst Matt Schulz. There's no point in getting a card that gives you airline miles if you don't fly much. But if you have an hour-long commute to work every day, a cash-back card on gas can be of real value.
As credit card use begins to climb back to pre-recession levels, such rewards have become more appealing. Revolving credit grew at a 7.9 percent pace in December, the most recent month for which data is available—the largest monthly increase since March. Total outstanding consumer credit (which includes debt outside of real estate loans) expanded to $3.31 trillion in December, the Federal Reserve said Friday.
But while consumers are using their credit cards more, data shows they're still not charging as much as before the financial crisis and recession. That may be a good sign, said Schulz. Managing credit responsibly is key if you want to benefit from the rewards.
"To get the most out of these cards, you need to pay your balance off each month," said Schulz. "If you don't, the math starts to work against you in a hurry."