The Senate overturned a rule on Tuesday that would allow consumers to bring class action suits against banks and credit card companies, ending a long-brewing battle over the use of arbitration clauses by financial institutions. William Brangham talks to Elizabeth…
By PBS NewsHour
If these misconceptions are not righted, they can hurt your score and, in turn, the credit available to you.
By Kristen Doerer
The Supreme Court is ordering a lower court to take a new look at a New York law that prohibits businesses from imposing fees on credit-card purchases.
By Associated Press
The Federal Reserve is doing something it hasn't done since 2006: raising interest rates. The long-awaited announcement by Fed chair Janet Yellen hikes a key short-term rate from near zero. For a closer look at how the Fed made its…
By PBS NewsHour
By Rebecca Jacobson, Inside Energy
Out of an anonymous set of credit card data from millions of people, how easily can you find one person? Very easily, it turns out.
By Julie Pace, Associated Press
WASHINGTON -- President Barack Obama wants Congress to pass legislation requiring companies to inform customers within 30 days if their data has been hacked, a move that follows high-profile breaches at retailers including Target, Home Depot and Neiman Marcus.
By Eric Tucker, Associated Press
Though prosecutors do have existing tools and have brought international cybertheft cases in the past year, the Justice Department says a new law is needed at a time when criminals operating largely in Eastern Europe are able to gobble up…
By Dave Sloan
The eurozone is quickly becoming a hotbed for credit card fraud.
After Congress passed credit card legislation last May, new rules governing credit card companies take effect Monday. Some changes to the way companies can set interest rates and pay schedules already took effect last August. For an idea…
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