This week, the Trump administration appointed a new antitrust chief, Omeed Assefi. While cable news talking heads continue to obsess over the theatrics of the sudden personnel ...
A Trade Deal Without Teeth Isn’t Worth the Paper It’s Printed On Brightline Touches the Third Rail JD Vance Should Take the Moon Shot Time to Spring Trump’s Tariff Trap Banks will find other ways to ...
Those who tout credit cards over debit cards claim usage of the latter is tantamount to giving away one’s money. Conversely, charge cards offer cash-back plans, airline miles, credit toward future ...
The Federal Reserve has done it again! Just when you thought navigating the labyrinth of modern banking couldn't get any more exhausting, they bring out a new proposal that promises to deliver more ...
The Federal Reserve's recent proposal to impose a lower cap on debit card interchange fees than what has previously been implemented may appear to be a consumer-friendly move, but the unintended ...
The Federal Reserve Board on Wednesday requested comment on a proposal to lower the maximum interchange fee that a large debit-card issuer can receive for a debit-card transaction. The proposal would ...
Justices Ketanji Brown Jackson, Sonia Sotomayor and Elena Kagan gave the dissenting votes on the swipe-fee decision. The Fed rule came out of the 2010 Dodd-Frank Act, which included a provision ...
The wolf at the door may not be what you think.
Americans currently use debit cards and credit cards for nearly 82% of their payments and purchases, almost double the share as recently as 2003. In 2022, they used debit cards 98 billion times for ...
BISMARCK — A North Dakota truck stop wants a federal judge to find that the Federal Reserve Board violated the law by neglecting to crack down on mushrooming debit card transaction fees. The fees — ...
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