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  • MasterCard, Visa Seen Raising Fees on Small Debit Purchases

    WSJ.com

    NEW YORK—In a move that could discourage some merchants from accepting debit cards for small transactions, Visa Inc. and MasterCard Inc. are raising the fees merchants pay for small-ticket debit purchases, according to analysts.

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    Staid CD Gets a Makeover: Banks Tinker With Options to Lure Funds

    WSJ.com

    With interest rates remaining stubbornly low, a number of banks are trying to breathe life into a savings product that has been out of favor with consumers for years: the certificate of deposit.

  • A nation of suckers; Commentary: Nancy Pelosi, Spencer Bachus and me

    MarketWatch

    SALT LAKE CITY (MarketWatch) — I’m an idiot. After watching the “60 Minutes” expose of insider-dealing by members of Congress, I’m left wondering (not for the first time, I might add): Why on Earth did I choose journalism as a career? Watch ...

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    The Summer of Our Discontent

    WSJ.com

    This summer offered little respite for nervous investors. A fusillade of big news events rocked markets. Shares made huge daily moves, and big existential questions popped up with alarming frequency.

  • Your smartphone may replace your credit cards

    MarketWatch

    Ilana Greene, a Chicago-based freelance writer, contributed to this report. SAN FRANCISCO (MarketWatch) — On a safari in Kenya, Dylan Higgins pulled out his credit card to pay for himself and his family — and so the tourism workers hauled ...

  • Low Rates Are Good—and Bad

    WSJ.com

    Borrowers breathed a collective sigh of relief when the Federal Reserve said earlier this month that it would hold interest rates at rock bottom for the next two years. But savers were far from happy.

  • Hoity-Toity to Hoi Polloi: Neiman Takes More Plastic

    WSJ.com

    It used to be that Neiman Marcus's glossy-page snob appeal didn't stop at what you bought. It extended to how you paid. Cash or American Express was fine. But it was much preferred that you use your Neiman card, please.

  • Banks Dealt a Debit Setback

    WSJ.com

    The Senate rebuffed the most significant attempt so far to roll back the Dodd-Frank financial-overhaul law, in a blow to banks and credit-card companies that had fought against new debit-card rules that they say will cost them billions of ...

  • New Rules to Make It Easier to Get Credit Scores

    WSJ.com

    WASHINGTON—The Federal Reserve and Federal Trade Commission finalized rules that could make it easier for U.S. consumers to obtain free credit scores from lenders.

  • Mortgage Rates Are Great, If You Qualify

    WSJ.com

    With interest rates near rock bottom and home prices down, this ought to be a great time to buy a home. But for most people, it's a lousy time to get a mortgage.

  • Auto Deals Revving Up

    WSJ.com

    You'll find some of the best deals in years on cars this fall. Incentives are up on some 2011 vehicles because U.S. auto makers have a glut of inventory. And their Japanese counterparts are trying to regain market share after a ...

  • Forget About Black Swans, the One Floating Ahead is Neon

    WSJ.com

    You've heard of black swans—events that are unthinkably rare, immensely important, and as unpredictable in advance as they are inevitable in hindsight. Now, with no one ruling out a default or downgrade of U.S. Treasury debt, investors ...

  • Lawmakers Urge Crackdown on Business Cards

    WSJ.com

    A group of four U.S. Senate Democrats, including New York's Charles Schumer and Florida's Bill Nelson, urged the Federal Reserve today to crack down on the marketing of business credit cards, which don't come with many ...

  • Geithner's Faith-Based Finance

    WSJ.com

    Quoted: "There is no chance that the major countries of Europe will let their institutions be at risk in the eyes of the market. "There's not a chance. In fact, I remember the chancellor of Germany saying to the president of ...

  • The Week Ahead; Visa's Update to Shed Light on Rivals

    WSJ.com

    Few new financial rules have been as controversial as the limit on debit-card "swipe" fees. The impact of the rule will be a lot clearer on Wednesday when Visa Inc. gives its business update.

 

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