Credit Card Merchant Fee Hikes Could Mean Higher Prices for Everyone

Consumers are paying higher interest rates on their credit card balances than they have in more than a quarter-century, and the Federal Reserve's rate cuts.....»»

U.S. consumers are paying higher interest rates on their credit card balances than they have in more than a quarter-century, and the Federal Reserve’s rate cuts are no guarantee that they will receive much relief......»»

Don’t want to deal with rotating or select categories on cash-back cards? A handful of cards now offer 3% back on all purchases. But there are catches......»»

American Express Co warned of higher operating costs this year as the credit card issuer spends heavily on rewards programs to attract customers in an increasingly crowded market, sending its shares down 2.5% on Friday......»»

Credit card issuer American Express Co beat analysts' estimates for quarterly profit on Friday, as a healthy U.S. economy fueled higher spending by its customers......»»

According to the Federal Reserve, Americans owe more than $1 trillion in credit card debt, which is higher than the GDP of 170 countries. American Express issued the first cre.....»»

Consumers would likely see higher prices for luggage, phones and even food if the U.S. hikes duties on Chinese goods.....»»

Consumers would likely see higher prices for luggage, phones and even food if the U.S. hikes duties on Chinese goods.....»»

Libya: The Wild Card For Higher Oil Prices.....»»

Higher prices and greater demand for its premium fabric care and beauty products helped Procter & Gamble Co's exceed analyst estimates for quarterly revenue and profit on Tuesday, even as grooming product sales were hurt by a stronger U.S. dollar......»»

Credit card issuer American Express Co's quarterly revenue missed analysts' estimates on Thursday, due to muted growth in its global merchant and network services unit......»»

Is it better to opt for a rewards card with a higher APR or for a card with the lowest annual percentage rate you can find? We have the answer.Image source: Getty Images......»»

Cheerios cereal maker General Mills racked up higher-than-expected profit in the third quarter after it lifted prices to combat higher costs, spurring a rise in its full-year forecast and driving shares up 6 percent......»»

Capital One's (COF) Q1 earnings are expected to improve on the back of higher credit card loans and rise in interest rates. Capital One Financial Corporation COF is slated to release first-q.....»»

(Reuters) - Credit card issuer American Express Co easily topped Wall Street targets for quarterly profit as record investments in card rewards and a strengthening U.S. economy contributed to higher customer spending......»»

(Reuters) - Credit card issuer American Express Co topped Wall Street targets for quarterly profit and forecast annual earnings at the high end of its expected range as a strengthening U.S. economy contributed to higher customer spending......»»

LONDON (Reuters) - The dollar broke into positive territory for the year on Tuesday and bond yields were creeping higher again, as rising oil prices fueled bets that the Federal Reserve will flag more U.S. rate hikes this week......»»

LONDON (Reuters) - The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fuelled bets that the U.S. Federal Reserve will flag more interest rate hikes this week......»»

LONDON (Reuters) - The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fueled bets that the U.S. Federal Reserve will flag more interest rate hikes this week......»»

(Reuters) - Wall Street was higher on Thursday after U.S. consumer prices increased modestly in April, cooling worries of accelerating inflation that would have made a case for faster interest rate hikes......»»