It took about six months for Capital One and Discover to hammer out an acquisition deal, according to a new securities filing. The two companies signed a definitive agreement, which is subject to regulatory approval, on Feb. 19.Bloomberg Capital One ...

A federal court ruled the ban unconstitutional. ST. PETERSBURG, Fla. — Credit cards have become a convenient – and common – way for many to pay for goods and services. But did you know that every time you swipe or ...

Nobody wants to get sued in California.Not sure why. Its such a nice place to visit. Indeed, with the rise of CIPA claims I know many companies that want to stay out of the California market altogether, even georestricting websites and refusing ...

The Buy Now Pay Later (BNPL) giant Klarna is to extend the imposition of fees for missed payments to all customers.The move will particularly hit young adults who have turned to BNPL purchases to fund their lifestyles.Fees were introduced on ...

The St. Louis Board of Aldermen this week unanimously approved a bill that would spend $800,000 of federal coronavirus relief funds to pay residents’ medical debts. Proponents say the bill would cancel millions of dollars in unpaid bills, freeing residents ...

Ally Financial increased its allowance for auto credit losses in the first quarter as delinquencies and net charge-offs rose on a year-over-year basis.  Credit performance improved on a sequential basis but worsened when compared with a year ago, reflecting seasonal ...

At that meeting, it is expected that the FTC will disclose the proposed final rule, Chair Lina Khan will offer brief remarks followed by a presentation by FTC staff, and then the Commission will vote whether to issue the final rule ...

Former FCC Commissioner Ajit Pai. As the Federal Communications Commission prepares a vote on imposing “net neutrality” regulations on the internet, opponents warn the policy will stifle innovation that has led to lower prices and faster speeds for web surfers ...

Enlarge this image The U.S. Federal Trade Commission building in Washington, D.C. Paul J. Richards/AFP via Getty Images Paul J. Richards/AFP via Getty Images After receiving more than 26,000 public comments, the five members of the Federal Trade Commission are ...