Consumers are cutting back on Christmas gift purchases amid higher inflation

Consumers are cutting back on Christmas gift purchases amid higher inflation

Inflation weighs heavily on the holidays this year. About half of shoppers will buy fewer items because of higher prices, and more than a third said they will rely on coupons to cut costs, according to a recent survey of more than 1,000 adults by RetailMeNot. While the survey found that many consumers are also … Read more

What the Fed’s latest rate hike means for your debt, savings and financial plans

What the Fed’s latest rate hike means for your debt, savings and financial plans

As the Federal Reserve continues to raise interest rates, many Americans are scrambling their financial plans. On Wednesday, the Federal Reserve raised the benchmark federal interest rate by 0.75 percentage points. As a result, financial advisors say that some money decisions, such as credit card payments should be processed with greater urgency. Others, such as … Read more

What the Fed’s rate hikes mean for your debt, savings and financial plans

What the Fed’s rate hikes mean for your debt, savings and financial plans

As the Federal Reserve continues to raise interest rates, many Americans are scrambling their financial plans. On Wednesday, the Federal Reserve raised the benchmark federal interest rate by 0.75 percentage points. As a result, financial advisors say that some money decisions, such as credit card payments should be processed with greater urgency. Others, such as … Read more

What the Fed’s rate hikes mean for your debt, savings and financial plans

What the Fed’s rate hikes mean for your debt, savings and financial plans

As the Federal Reserve continues to raise interest rates, many Americans are scrambling their financial plans. With another Fed rate hike expected Wednesday, financial advisers say some money decisions, like paying off credit cards, should be treated with greater urgency. Others, such as buying a home, may be better off delaying, they say. “It’s time … Read more

Shares are poised to rise on Monday

Shares are poised to rise on Monday

US stocks are poised to rise on Monday ahead of a busy week of corporate earnings reports. Sunday at By 6:25 p.m. ET, Dow Jones Industrial Average futures were up 262 points, or 0.8%, while S&P 500 futures were up 1% and Nasdaq Composite futures were up 1.2%.

Apple, Amazon, Chipotle, GM, Visa, Intel and other stocks investors can watch this week

Apple, Amazon, Chipotle, GM, Visa, Intel and other stocks investors can watch this week

Apple, Amazon, Chipotle, GM, Visa, Intel and other stocks investors can watch this week

Uncertainty overshadows holiday shopping for consumers as inflation takes a toll

Uncertainty overshadows holiday shopping for consumers as inflation takes a toll

Families don’t like to skimp when it comes to vacations, in any case. But with rising prices and fears of a recession, holiday shoppers are feeling less generous this season. Many consumers plan to make fewer purchases — and at a discount, according to a recent Deloitte holiday retail report. Still, households will shell out … Read more

Visa, Mastercard Draw New Government Controls Over Debit Card Routing

Visa, Mastercard Draw New Government Controls Over Debit Card Routing

The Federal Trade Commission is investigating whether Visa Inc. V 1.45% and MasterCard Inc.’s MUST 2.27% security tokens limit debit card routing competition on online payments, according to people familiar with the matter. The FTC for the past few years has already investigated whether Visa and Mastercard block merchants from routing payments over other debit … Read more

Visa, Mastercard Draw New Government Controls Over Debit Card Routing

Visa, Mastercard Draw New Government Controls Over Debit Card Routing

The Federal Trade Commission is investigating whether Visa Inc. V 1.49% and MasterCard Inc.’s MUST 2.59% security tokens limit debit card routing competition on online payments, according to people familiar with the matter. The FTC for the past few years has already investigated whether Visa and Mastercard block merchants from routing payments over other debit … Read more

What to look for in your credit report to lower borrowing costs

What to look for in your credit report to lower borrowing costs

vitapix | E+ | Getty Images Your credit score can make or break your ability to open a credit card or buy a new car or home at attractive interest rates. To increase your score, you need to know where you need to improve. Keeping track of your credit report — which details your debt, … Read more