The Federal Reserve has cut rates for the third and final time this year. At its Dec. 10 meeting, the Fed reduced rates by 0.25 of a percentage point, making the new federal funds rate 3.5% to 3.75%.
The Federal Reserve cut rates by a quarter point in October — the second cut of 2025. Another quarter-point cut is widely expected when the Fed meets next week, though chair Jerome Powell isn't ...
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INDIANAPOLIS (CONSUMER REPORTS) — If you have credit cards, loans, and a savings account, the recent cut by the Federal Reserve on short-term interest rates likely impacts you. Consumer Reports breaks ...
NEW YORK - Visa and Mastercard agreed to cut some of the fees they charge US merchants and relax two of their most controversial rules in an effort to bring a 20-year legal battle with retailers to a ...
The proposed settlement — which is meant to bring more than 20 years of litigation to an end — could ultimately save merchants more than US$200 billion, according to Joseph Stiglitz and Keith Leffler, ...
Visa and Mastercard are about to reach a settlement with merchants to reduce interchange fees and allow stores to refuse certain credit cards, in a move to end a 20 year old legal dispute, according ...
The potential deal aims to resolve a 20-year-old legal dispute over interchange fees, the charges merchants pay to banks when customers use credit cards, and acceptance rules, reported The Wall Street ...
Acmer's got a major Black Friday sale on laser cutters and engravers right now - with the excellent Acmer P3 IR & Diode now $1049 (was $1999). And to sweeten the deal, it also includes a free Air ...
This is read by an automated voice. Please report any issues or inconsistencies here. The Federal Reserve cut its benchmark rate for the second time since September, but consumer relief could come ...
The second interest rate cut of 2025 is likely to hit before Halloween once the Federal Reserve concludes its two-day policy meeting on Oct. 28 and Oct. 29. At least, that's what most analysts expect.
Credit card balances have dropped 2.5% in the past 12 months – the largest decline we've seen since the height of the COVID-19 pandemic in 2020 – and credit card spending has dipped for the third time ...
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