The Credit Card Reform Act is designed to protect consumers from things like unauthorized overdraft fees and other penalties. It has cost credit companies a boatload, but they've already found ways to make up for it. Stacey Vanek-Smith reports.
The financial regulation bill gives the government a larger role in regulating financial products like securities and derivatives. But critics say the bill doesn't do enough to police credit cards and mortgage loans. Stacey Vanek-Smith reports.
The global market for vaccines is expected to soon top $30 billion, but a new technology utilizing tobacco plants could change the market entirely. Stacey Vanek-Smith reports.
The credit card industry has lost an estimated $150 billion since the recession began, as people have defaulted on their debt and cut back on card use. Now the industry is catering to a new consumer. Stacey Vanek-Smith reports.
The credit card reforms Congress approved last year take effect today, making it more difficult for card companies to raise interest rates right away. The industry is making up for lost revenue with a host of new fees. Stacey Vanek-Smith reports.
Despite the changes hitting the industry, credit card companies are finding ways to make money.
Reporter Stacey Vanek-Smith tells Tess Vigeland just how.
At the Mobile World Congress in Barcelona, more than two dozen wireless carriers and handset makers announced they're coming together to create a communal site for cell phone applications. Stacey Vanek-Smith reports.
Apple's new iPad tablet has touched off a fight with Adobe over the new technology's exclusion of Flash software, a snub that started with the iPhone. Are the two brawlers evenly matched? Stacey Vanek-Smith reports.
The biggest moment on Oscar night is when Best Picture is announced and all the producers file onto the stage. But when the nominations were unveiled, there was something missing. Stacey Vanek-Smith reports.
