Several popular U.S. companies filed for bankruptcy in 2025 as economic pressures continued to weigh on retailers, restaurant operators, and manufacturers. Rising inflation and shifting consumer habits have hit pharmacy chains, jewelry retailers, automotive suppliers, fragrance brands, and restaurant operators ...

Speaking at a recent financial conference, American Express’ CEO offered a blunt opinion on surcharges. “Our card members should not be discriminated against,” Steve Squeri said at the Goldman Sachs U.S. Financial Services Conference. “I think surcharging in general is a ...

Credit cards have solidified their dominance in high-value consumer spending in India, while Unified Payments Interface (UPI) has emerged as the go-to method for everyday transactions, according to a recent report by Worldline. The findings reveal a significant shift in ...

The full U.S. Court of Appeals for the District of Columbia Circuit has agreed to hear a case involving the Trump administration’s attempts to lay off nearly 90% of workers at the Consumer Financial Protection Bureau (CFPB). The move tosses ...

The headline refers to new data showing that about 3% of U.S. home mortgages were delinquent (at least one payment past due) in September, essentially unchanged from a year earlier and from the prior quarter, though there are growing signs ...

KEY TAKEAWAY Millions of borrowers on the Saving for a Valuable Education repayment plan will soon need to transition to a new repayment plan and resume payments after nearly six years. Since the COVID-19 payment pause, millions of SAVE borrowers ...

The Third Circuit has held that the TCPA’s robocall restrictions do not apply to state legislators when they are making automated or prerecorded calls as part of the legitimate functions of their office.​ The Perrong v. Bradford decision In October ...

Older Americans are estimated to have lost as much as $81.5 billion to financial fraud in 2024, once unreported scams are taken into account. Officially reported losses by people 60 and older were about $2.4 billion, but regulators say that ...

PayPal has applied for a U.S. banking charter so it can create “PayPal Bank,” an industrial loan company in Utah focused mainly on small-business lending and savings products, but it is not yet an approved bank.​ What PayPal Is Doing ...