Consumer banking

Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, Wednesday, Sept. 18, 2019, in Washington. (AP Photo/Patrick Semansky)
September 18, 2019 - 4:03 pm
The Federal Reserve has cut its benchmark interest rate again, big news for the U.S. economy but something that will likely have a muted impact on Americans' personal finances, experts say. That's because the reduction doesn't offset the increases of recent years. And as the key rate creeps closer...
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FILE - This Aug. 11, 2019 file photo shows Visa credit cards in New Orleans. A credit card’s fine print can more than strain your eyes; your wallet can also feel the pain if you don’t understand the terms. (AP Photo/Jenny Kane, File)
September 10, 2019 - 1:00 pm
Sifting through a credit card's terms and conditions can be daunting. The language isn't always straightforward, and it's not uncommon to feel lost. Two-thirds of consumers report fully understanding credit cards' rewards offerings, according to J.D. Power's 2019 Credit Card Satisfaction Study ...
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FILE - This Monday, Aug. 8, 2011, file photo shows the Fannie Mae headquarters in Washington. The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, those are the two giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out by taxpayers at a total cost of $187 billion, Thursday, Sept. 5, 2019. (AP Photo/Manuel Balce Ceneta, File)
September 05, 2019 - 7:17 pm
WASHINGTON (AP) — The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, the two giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out at a total cost to taxpayers of $187 billion. The...
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In this Aug. 11, 2019, photo, U.S. currency and credit cards sit on a table at a restaurant in New Orleans. Credit card companies want to turn your unused credit line into cash that you can borrow for things like home improvements or unexpected expenses. But accepting this loan offer may not be the best choice for your wallet or your credit score. (AP Photo/Jenny Kane)
August 29, 2019 - 9:38 am
Credit card companies want to turn your unused credit line into cash that you can borrow for things like home improvements or unexpected expenses. But accepting this loan offer may not be the best choice for your wallet or your credit score. In recent months, two of the largest credit card issuers...
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August 22, 2019 - 7:39 am
When it comes to credit card rewards, it's not all about gas, groceries and restaurants anymore. Issuers are moving beyond suburban staples to include millennial-friendly categories such as transit and streaming subscriptions. The trend toward streaming rewards, in particular, is hard to miss, with...
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FILE - In this Feb. 8, 2019, file photo a pedestrian walks down South Broad Street in Philadelphia. Bounce back from a personal loan rejection by building your credit score, growing your income and paying off debt. Shop around and apply at lenders whose minimum qualifications you meet. (AP Photo/Matt Rourke, File)
August 08, 2019 - 12:58 pm
Getting rejected for a personal loan can feel like a punch to the gut. It's easy to get discouraged, especially if it delays plans to consolidate debt or renovate your home. Instead of taking the rejection personally, use it as motivation to build your credit and supplement your income so you win...
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August 07, 2019 - 6:09 am
THE HAGUE, Netherlands (AP) — The Netherlands' central bank has ordered ABN AMRO to check all of its retail customers for possible financial crimes as part of a government crackdown. ABN AMRO revealed the order Wednesday alongside second-quarter results that showed its net profit edged up 1% from...
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August 05, 2019 - 9:01 am
RALEIGH, N.C. (AP) — A corporate executive in North Carolina is accused of stealing more than $5 million from his medical technology company, going on lavish trips, staying at the Trump International Hotel in New York, spending $145,000 at a steakhouse and making big donations to his church. The...
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This Monday, July 22, 2019, photo shows Capital One mailing in North Andover, Mass. Capital One says a hacker got access to the personal information of over 100 million individuals applying for credit. The McLean, Virginia-based bank said Monday, July 29, 2019, it found out about the vulnerability in its system July 19 and immediately sought help from law enforcement to catch the perpetrator. (AP Photo/Elise Amendola)
July 29, 2019 - 11:29 pm
SEATTLE (AP) — A hacker gained access to personal information from more than 100 million Capital One credit applications, the bank said Monday as federal authorities arrested a suspect in the case . Paige A. Thompson — who also goes by the handle "erratic" — was charged with a single count of...
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FILE- In this July 17, 2018, file photo, a customer buys gas with a Visa credit card in Salem, N.H. Visa Inc. reports earnings Tuesday, July 23, 2019. (AP Photo/Elise Amendola, File)
July 23, 2019 - 6:02 pm
NEW YORK (AP) — Payment processor Visa Inc. said Tuesday that its fiscal third quarter profits rose by an adjusted 11% from a year earlier, as more consumers spent more on Visa credit and debit cards. The San Francisco-based company reported a profit of $3.10 billion, up from $2.33 billion last...
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