Visa and Mastercard reach deal with merchants over credit card swipe fees
As part of the proposed settlement, the credit card companies will temporarily lower the swipe fees for merchants. But not everyone sees this as a satisfying end to a legal battle that stretched on for 20 years.
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Why doesn’t trickle-down economics work in practice?
The very rich have 1,000 times more wealth than the poorest households, according to a new report. That wealth is not improving the livelihoods of other people in the economy.
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