A group of conservative and libertarian groups have sent Congress a letter urging lawmakers to delay the implementation of the Durbin Amendment, a provision which would cap so-called "interchange" fees financial companies can charge on debit card transactions.
Consumer watchdog Elizabeth Warren discusses regulation of financial markets and companies at the U.S. Chamber of Commerce 5th Annual Capital Markets Summit on Ensuring Competitiveness in a Post-Regulatory Reform Environment.
Assuming you have been unable to achieve paperless perfection, managing household records can be tricky — never mind, time consuming — business, even for the uber organized. Follow these rules.
CNBC's Jon Fortt reports on the growing number of retailers allowing customers to pay for products with their smartphones. And American Express launches a rival to PayPal, called Serve.
Credit card companies are offering a number of incentives to attract wealthy customers as they seek to reduce exposure to the increasingly indebted low-income borrowers, the Financial Times reports.
Responding to criticism that the newly formed Consumer Protection Financial Bureau (CPFB) is too powerful, its head, Elizabeth Warren, told CNBC Tuesday that it’s the “most constrained of all federal agencies.”
There's a battle brewing in Washington that could impact the way you spend your money. I'm talking about how you use your debit card.
"Somehow, my generation has earned a bad rap when it comes to money. We’ve been pegged as ‘generation debt,’ living at home with our parents while taking years to finish school, settle on a career, and choose a romantic partner. But that stereotype, it turns out, isn’t quite accurate," writes the author.
The Federal Reserve is scheduled to write rules for debit card fees in April, and lobbyists for merchants and the banking industry are determined to sway the outcome, the New York Times reports.
Cramer makes the call on viewers' favorite stocks.
Americans now owe more on their student loans than they do on their credit cards. With debt now growing at a rate of $2,853.88 per second, it will surpass $1 trillion in 2012. And neither taxpayers nor consumers can afford it.
Suze Orman has just written a new book (her 10th!) called "THE MONEY CLASS: Learn to Create Your New American Dream" and in it she writes that the American Dream is still very much alive but in need of some "serious reconsideration."
Credit card holders are facing fewer interest rate hikes and forking over sharply less in late fees.
Even if you use the utmost caution, you can still be a victim of credit card fraud. We show you where your credit cards are most and risk, and what you can do to keep them safe.
With financial struggle more the rule than the exception these day, many financially stable parents are looking for ways to help their newly married children alleviate some of the burden. Here's some tips.
Talking about money with family can be extremely stressful, but it is possible to do it and do it well, if you remember some simple rules: Do it early, build the relationship, and have empathy.
Surviving on a single salary, after you’ve built a life on two, takes planning, discipline and above all else, a willingness to make tough choices.
There are a host of financial and legal scenarios for which you need to be prepared--in some case simply by leaving your home state.
Lending money to family members and good friends is always risky, but if you must follow these guidelines to make it rational, reasonable and legal.
If your kids are making their own dinner reservations for Valentine’s Day, it’s probably time to discuss their financial independence. Once they reach college or turn 19, how you form relationships with your children can have fiscal consequences both good and bad.