Morgan Stanley reportedly upgraded its rating and price targets on shares of several credit card companies and lenders, citing stabilization in consumer credit and an...
More than a quarter of consumers own a store card, defined as a card that exclusively features a retailer’s branding. While co-branded cards can be...
A lawsuit in the United Kingdom alleges that the country’s Financial Conduct Authority (FCA) unfairly “shut out” some small businesses when compensating customers who were...
The Personal Consumption Expenditures Price Index for October showed a re-ignition of inflation. The PCE increased at an annualized 2.3% rate, which is a quickening...
Headed into Black Friday, consumers are more positive than they have been in months. That’s among the takeaways from the latest reading of The Conference...
The Federal Reserve’s pandemic-era Main Street Lending Program reportedly had $1.23 billion in interest and principal payments in default as of Oct. 31. The program...
All eyes were on the Federal Reserve’s interest rate cut this week. As widely expected, the central bank delivered a 0.25% trimming to the federal...
Capital One disclosed Thursday (Oct. 31) that it could face an enforcement action by the Consumer Financial Protection Bureau (CFPB) regarding its introduction of a...
The U.S. economy added the equivalent of a large company in October, according to data released Friday (Nov. 1) from the Bureau of Labor Statistics....