Aug 15, 2012 Shares in the office supply store Staples are down 15 percent this morning after the company said its sales dropped 5.5 percent last quarter. Meanwhile, the discount retailer Target said it made a $700 million profit last quarter
Aug 13, 2012 First came mortgages. Now, courts are ruling against credit card issuers for sloppy paperwork or lack of proof when they sue alleged deadbeats.
Jul 26, 2012 A law restricting credit card acess for poor credit risks has resulted in fewer defaults.
Jul 16, 2012 Major credit card companies -- Visa and Mastercard -- as well as big banks have agreed to pay more than $7 billion to retailers to compensate for alleged price fixing of credit card fees. Some retailers think the settlement does not go far enough to protect retailers and consumers.
Stacey Vanek Smith
Jul 10, 2012 Retailers hoping to offset fees they pay to Visa and MasterCard may soon be able to charge shoppers for paying with plastic instead of cash.
Jul 10, 2012 The high-end and lower-end retailers team up to sell the same designer items at the same prices at both stores. Why? We ask innovative consultant, Debra Kaye.
Jun 7, 2012 I am a graduate student in my mid-20s who has never had a credit card. While I have been able to get by without one, I have finally reached a stage in my personal and professional life where not having one has become a real inconvenience (when trying to reserve a rental car, for example). I would be grateful for advice on the cards, or kinds of cards, that I should seek or avoid for a first credit card -- as well as whether I'm likely to receive one, and (if not) what I can do to make myself a better candidate. Stephanie, Minneapolis, MN
May 31, 2012 I received a large bonus, and I'm going to use it all to pay down credit card debt. I have many cards. They all have about the same outstanding balances and about the same interest rates. At one time, most of the cards were "maxed out," which was bad for my credit score. Should I pay off a couple cards entirely, or should I make larger-than-usual payments to all of them, bringing down the outstanding balances substantially below the credit limits? Thanks. Henry, Chicago, IL
May 28, 2012 Retailers gear up for summer shopping season. With graduation, Mothers Day and Memorial Day, May is one of the biggest shopping months of the year.