American Express customers complain about several problems, company says system is restored
American Express said Friday that some of its cardholders are having problems using their credit cards and that they were working to "resolve" the problem.
Inflation leads more Americans to live paycheck-to-paycheck: survey
Americans are increasingly living paycheck-to-paycheck as a way to deal with rising monthly costs, a recent LendingClub and PYMNTS survey said.
Household debt surpasses $16.5T in Q3 amid inflation, rising demand: NY Fed report
Total household debt increased by more than $300 billion across credit cards, mortgages and more in the third quarter of 2022, according to the latest New York Fed report. Here's what you can do if you're struggling with debt
Growing number of retirees spending more than they can afford: survey — here’s how to save in retirement
More than a quarter (27%) of retirees are spending more than they can afford in 2022, according to a survey from the Employee Benefit Research Institute (EBRI).
Holiday shopping: Credit cards with the best rewards
WalletHub ranked some of the best credit cards for shopping as the holiday season kicks off. The cards offer a variety of rewards and cash bonuses for consumers squeezes by inflation.
Holiday shopping: Consumers lean on store credit cards to offset financial burden
An increasing number of consumers are considering signing up for a store credit card in order to get through the holiday season set against high inflation.
Inflation causes largest pay cut for Americans in 25 years, data shows
As Americans see their purchasing power get squeezed out by inflation, here's what you can do to stay on track.
Credit card balances reach record $866B as consumers battle economic headwinds
Consumers are leaning on credit cards and personal loans in an effort to offset the financial pressures caused by high inflation and high interest rates.
Credit card borrowers slip back into pre-pandemic habits, TransUnion says — here’s how to pay off your debt
Consumers are paying less toward their credit card balances than they did during the pandemic, according to TransUnion. Here are ways to help you pay down your debt quicker.
Personal loan interest rates at near-record gap with credit cards, boosting savings opportunity
The interest rate on personal loans is much lower than the one on credit cards, according to the Federal Reserve Bank of St. Louis. Here’s how you can use these lower interest rates to pay down debt.
Attorney representing class action against American Express blasts company after it allegedly seeks to dismiss
The attorney representing plaintiffs in a class action lawsuit alleging racial discrimination by American Express sent a letter to the company's lawyers accusing it of hypocrisy.
Visa profit jump, boosts dividend, shares rise
Visa reported better-than-expected earnings, a boost of its quarterly dividend as well as a new stock repurchase program sending shares higher.
Credit cards can be a trap: Money expert Dave Ramsey’s best tips on cutting out cards
Ramsey Solutions personal finance experts Dave Ramsey and George Kamel joined "Fox & Friends" and shared tips with Fox News Digital on how to live without credit cards amid high interest rates and inflation.
Despite inflation, Americans’ monthly debt bills are below pandemic levels, Experian says
In a blog post, Experian wrote that overall monthly debt payments "are still lower than they were during the pandemic."
Visa, Mastercard draw new government scrutiny over debit-card routing
Visa and Mastercard are being investigated by the Federal Trade Commission over their methods of routing digital transactions involving security tokens.
Surging inflation: How to trim $200 from your monthly budget
Limiting subscriptions to streaming services, fitness memberships and knowing when to save money by dining in are some ways to cut down on your monthly budget.
Apple to offer Goldman Sachs savings accounts to Apple Card holders
Apple will start offering high-yield savings accounts to its credit cardholders in partnership with Goldman Sachs, according to a Thursday press release.
Inflation sees slight improvement in September but still near record-high level
High inflation in September means the Federal Reserve is likely to remain 'hawkish' in its monetary policy, a financial expert said.
Credit card debt burdens nearly half of Americans, survey says: Here’s how to pay yours down
Credit card debt affects nearly half the country and the average American has an outstanding balance of more than $6,000, according to a recent survey. Here's how you can pay off your credit card debt quickly.
AmEx names former SEC chairman to board
Jay Clayton, known for his role as chairman of the Securities and Exchange Commission from May 4, 2017, until Dec. 23, 2020, joined American Express' board of directors.