The U.S. and China have restarted their trade talks, but signs are showing a deal could be even harder to reach now.Marketsread more
The speech comes as market participants are strongly anticipating a rate cut at the July 30-31 Federal Open Market Committee policy meeting.The Fedread more
Dimon is making his own bet on a digital coin that could transform the global payments landscape: JPM Coin.Financeread more
Stone, 66, a notorious Republican political operative who has described himself as a "dirty trickster," had previously been dressed down by the judge for his public remarks...Politicsread more
The Dow slipped from a record high set earlier in the day after President Trump cast doubt on the trade progress between China and the U.S.US Marketsread more
Facebook's David Marcus said at a Senate hearing Tuesday that U.S. sanctions could be at risk without financial services innovation.Technologyread more
Goldman Sachs' transition from the bank of choice for millionaires to a more inclusive, consumer friendly shop isn't cheap.Financeread more
"Look, this is a court that's ruled it's constitutional twice," Biden said. "We'll see. I'm not going to go down that route and speculate what's going to happen in a negative...2020 Electionsread more
KeyCorp says in a filing the fraud involves a "business customer" and was discovered "on or about" July 9.Banksread more
These are the stocks posting the largest moves midday.Market Insiderread more
The Trump administration "will take a look" after billionaire investor Peter Thiel said the FBI and CIA should see if Chinese intelligence has infiltrated Google.Technologyread more
Want to waive those credit card late fees or snare a lower interest rate? Often all you have to do is ask.
About 89 percent of credit card holders who asked for a late-fee waiver had their request granted. And 78 percent who requested a lower interest rate on balances received one, according to CreditCards.com.
Younger card users didn't fare quite as well. Only 56 percent of millennials got the lower rates they requested, the report said. Why the difference?
"I think it's basically an issue of building a track record," said Matt Schulz, CreditCards.com's senior industry analyst. "In a lot of ways, loyalty doesn't really pay with a credit card, especially if you're shopping for rewards or that sort of thing."
However, "if you're a long-term customer, and you're asking for a break, that's when it can," Schulz said.
Despite the relative ease of getting more favorable terms, only 1 in 5 card holders have tried it, the report found.
"People have way more negotiating power with their credit card issuer than they think they do," Schulz said. "The credit card market is incredibly competitive right now, and consumers should use that to their advantage."
Federal Reserve data show that consumer credit card spending is on the rise while bankruptcies and delinquencies are down. "Add it all up and banks want to lend," Schulz said.
"Like my father used to say, you should ask. The worst thing they can say is 'no' but most of the time they're going to say 'sure'," Schulz said. He also said card holders should adjust their expectations based on their current credit history.
"If you have a 25 percent rate, don't expect to drop it down to 15, but even if you can take an interest rate in the 20s and drop it down 3, 4, 5 points, it can save you some real money," he said.