credit cards

Capital One Financial Corp. (NYSE:COF) is set to report its fourth-quarter financial results after Tuesday's closing bell. Here's a look at what investors will be watching when the financial services company reports.  What To Know: Wall Street will be interested in the performance of Capital One...

Both Mastercard Inc (NYSE:MA) and Visa Inc (NYSE:V) stocks are navigating choppy waters, with bearish trends dominating the technical landscape despite signs of future upside. Here’s a closer look at how the two payment giants stack up and what investors might expect heading into their...

Influential economist Mohamed El-Erian recently pointed out the stark contrast between US “economic exceptionalism” and the struggles of lower-income households in what he calls a “K economy.” What Happened: On Monday, El-Erian posted a comment and shared a story from the...

Mastercard Inc (NYSE:MA) shares are moving higher in extended trading Tuesday after the company boosted its quarterly dividend and announced a new share repurchase program. What Happened: After the market close on Tuesday, Mastercard announced its board declared a quarterly cash dividend of 76...

Americans are racking up debt and having a difficult time paying it off. The 30 or more day delinquency rate for Discover Financial Services (NYSE:DFS) ticked up slightly in October from 3.84% to 3.87%. This is slightly lower than the Riverwoods, Illinois-based company’s yearly high of 4.02...

Mastercard Inc (NYSE:MA) adjusted its financial outlook for 2025-2027, projecting slower net revenue growth than anticipated. The new forecast estimates annual net revenue will grow in the “high-end of low-double-digits,” a noticeable deceleration compared to the high-teens growth...

Credit card debt is a common financial burden, but billionaire entrepreneur Mark Cuban says it could be the very thing stopping people from building wealth. Interestingly, Cuban isn't alone in his stance on credit card use. Other financial icons like Warren Buffett and Dave Ramsey have also...

Visa Inc. (NYSE:V) reported its fourth-quarter results after Tuesday's closing bell. Here's a look at the details from the report.   The Details: Visa reported quarterly earnings of $2.71 per share, which beat the analyst consensus estimate of $2.58. Quarterly revenue came in at $9.6 billion which...

Capital One Financial Corp. (NYSE:COF) reported its third-quarter results after Thursday's closing bell. Here's a look at the key figures from the report.   The Details: Capital One Financial reported quarterly earnings of $4.51 per share, which beat the analyst consensus estimate of $3.76....

The Consumer Financial Protection Bureau (CFPB), a government watchdog agency, issued a $89 million fine against Apple Inc (NASDAQ:AAPL) and Goldman Sachs (NYSE:GS) due to “service breakdowns and misrepresentations” that impacted Apple Card users. The agency claims these missteps...

Discover Financial Services (NYSE:DFS) reported its third-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report.  The Details: Discover reported quarterly earnings of $3.69 per share, which beat the analyst consensus estimate of $3.44. Quarterly...

Payments company Visa Inc (NYSE:V) was hit with an antitrust lawsuit by the U.S. Department of Justice (DOJ) Tuesday that analysts say could take years to sort out and will likely hurt shares in the short term. What Happened: The DOJ alleged Visa used anticompetitive practices in the debit network...

Visa Inc (NYSE:V) shares fell nearly 5% on Tuesday and continued trading lower on Wednesday following reports that the Department of Justice is suing the payment giant for allegedly monopolizing the country's debit card market. The lawsuit accuses Visa of engaging in anti-competitive practices,...

Consumers are turning more frequently to their 401(k) accounts to pay down their credit cards as they face higher prices for essentials such as food, gas and electricity, according to a financial planner. Total credit-card debt in the U.S. reached $1.34 trillion as of June, Federal Reserve data...

The Federal Reserve cut interest rates for the first time in more than four years on Wednesday, opting to lower the rates by 50 basis points to a range of 4.75% to 5%. Here's a look at what the rate cuts could mean for consumers. What Happened: The Federal Reserve's decision to cut interest rates...