Credit card companies are hiking rates to record highs to pad their profits, according to a government report released Thursday. The share…
Business News
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The firm formerly known as Toshiba is recalling 15.5 million AC laptop adapters due to the potential for burn and fire risks.…
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JPMorgan Chase was sued by customers who accused the largest U.S. bank of having unfairly charged fees when they deposited checks that, through…
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Business News
The IRS will pursue business private jet usage in a new round of audits on high-wealth taxpayers
First, there were trackers on Taylor Swift and other celebrities’ private jet usage. Now, there will be more scrutiny on executives’ personal use of…
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Business News
Capital One-Discover merger could put a bigger squeeze on credit card users, experts warn
Capital One’s $35.3 billion deal to buy Discover is a long way from being completed. But consumer advocates and some lawmakers are…
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If you’re checking a bag for an American Airlines flight, expect to pay more. The carrier has announced it is raising its…
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Capital One Financial is set to acquire Discover Financial Services in a $35.3 billion all-stock deal. Under the agreement, Discover shareholders would receive 1.0192 Capital One…
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As consumers continue to struggle with persistently high inflation, Target is unveiling a low-price, in-house brand it’s calling dealworthy. Target’s dealworthy products…
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Business News
Self-driving Cruise vehicle accused of nearly hitting kids in two separate close calls one day apart
Cruise, the driverless car company owned by General Motors, is back in the spotlight after another close call with a pedestrian. The…
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Stock markets threw a tantrum Tuesday, posting big losses after slightly hotter-than-expected inflation data stoked worries that interest rate cuts may not…