Business
Big banks have drastically cut overdraft fees, but customers still paid $2.2B last year
The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap...
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S&P 500 closes above 5,000 for first time ever, notches fifth straight winning week
Stocks rose on Friday after December’s revised inflation reading came in lower than first reported, and the S&P 500 closed above 5,000...
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Average credit card balances jump 10% to a record $6,360 as more consumers fall behind on payments
Credit card debt has notched another new high. Americans now owe $1.08 trillion on their credit cards, the Federal Reserve Bank of New York reported...
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Honda recalls 750,000 U.S. vehicles over air bag defect
Honda said on Tuesday it was recalling 750,000 vehicles in the United States over a defect involving air bags which...
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A Big Mac combo for $18? Fast foodies are getting fed up with price hikes
Look no further than the fast-food drive-thru for evidence of inflation fatigue. Food companies have been passing along higher labor...
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New sports bundle could give cord-cutting fans their biggest single source of content yet
Disney, Fox and Warner Bros. Discovery announced plans Tuesday to launch a new streaming service that could become the biggest...
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Mortgage rates jump back over 7% as stronger economic data rolls in
The average rate on the popular 30-year fixed mortgage crossed over 7% on Monday for the first time since December,...
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ESPN, Fox and Warner Bros. Discovery to launch joint sports streaming platform this year
Walt Disney’s ESPN, Fox and Warner Bros. Discovery plan to launch a joint sports streaming service this fall, giving consumers a new way to...
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FAA increases oversight of Boeing 737 Max 9 jets after Alaska Airlines near-disaster
The Federal Aviation Administration announced Monday that it will start taking a closer look at Boeing 737 Max 9 jets....
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Waiting for your tax refund? There are other ways to get cash back all year long
Inflation is slowing and consumer confidence is rising, but so is credit card debt. That’s where rewards programs can help....
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