'Fees can be like whack-a-mole,' analyst says. 'One goes down, another comes up.' Some of the biggest clothing and department-store chains rely on their own private-label credit cards to cushion ...
The $8 cap, which only applies to large card issuers with more than 1 million open accounts, is 75 percent less than the current average late fee of $32. The CFPB estimates the rule would save ...
A raging debate in Washington has put a damper on Hollywood's urge to merge as regulatory leaders implement a radical ...
Caroline Woods brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Thursday, April 11. CAROLINE WOODS: I’m Caroline Woods reporting ...
The Consumer Financial Protection Bureau has taken a series of actions to cut excessive and hidden junk fees in the financial marketplace, which will save consumers billions of dollars. Consumers ...
On March 5, the Consumer Financial Protection Bureau (CFPB) finalized a rule capping credit card late payment fees at $8 for the biggest card issuers after inviting public comment on the matter ...
March 26 (Reuters) - The U.S. Chamber of Commerce has turned to a conservative appeals court for help as it tries to fend off the potential transfer of its lawsuit challenging a new Biden ...
NEW YORK (AP) — A Texas federal judge on Thursday accused the major banking industry groups and U.S. Chamber of Commerce of venue shopping in their lawsuit against the Consumer Financial ...
Editorials and other Opinion content offer perspectives on issues important to our community and are independent from the work of our newsroom reporters. From our readers Regarding “Mayor calls ...
Some of the biggest clothing and department-store chains rely on their own private-label credit cards to cushion their bottom lines. Those cards, often laden with incentives, keep shoppers coming ...