Restaurants are set to become the biggest winners of a holiday season that could turn out to be the most normalized since the onset of the pandemic. That’s according to Read more
Tag: credit types
Visa CEO Al Kelly to step down from that role in February
Visa Inc. Chief Executive Al Kelly plans to step down from that role in February, to be replaced by Ryan McInerney, the company’s current president and a veteran of the Read more
7 little-known ways to maximize your credit cards
As prices on goods and services soar, every bit of value squeezed from credit cards helps. Perhaps paying an annual fee became less appetizing. Maybe you scaled back expenses in Read more
Upstart stock melts down after earnings as forecast falls well shy of expectations
Upstart Holdings Inc. has seen its value plummet this year, and it appears set for further declines after posting lower-than-expected results for its latest quarter. On Tuesday, the company, which Read more
Consumers turn to credit cards, personal loans to get by during inflation: data
People are resorting to credit cards and unsecured personal loans to cope with the bite of high inflation, new data shows — all while borrowing costs rise and the U.S. Read more
Affirm earnings: What to expect
About a year ago, Affirm Holdings Inc. was sitting pretty. The company achieved a peak market value of $46.8 billion on Nov. 4, 2021, and it went on to announce Read more
Household balance sheets ‘remained strong’ and debt vulnerabilities are moderate, Fed survey finds
U.S. households balance sheets remained strong in the first half of this year as the debt-to GDP ratio edged down, a new study from the Federal Reserve said Friday. Household Read more
Latinos are crucial to the economy — but banks don’t always meet their needs
When it comes to banking, Mireya Olvera knows that Latino consumers want to feel understood — or, at the very least, like the person on the other end of the interaction Read more
Block earnings: What to expect from Square parent company
Investors have already heard from Visa Inc. V, -2.70%, Mastercard Inc., and American Express Co. AXP, -3.08%, which all signaled healthy consumer-spending trends. Soon it will be Block Inc.’s SQ, Read more
How to spot a good store credit card—and a bad one
As holiday shopping gets underway, many of us will face the pitch at least once at the store register: “Would you like to save 25% on your purchase today by Read more