Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. “We have food at home” is the go-to response for skipping expensive restaurant prices and sticking to cheaper, home-cooked meals. Now, eating at home is more expensive, too. According to the January 2026 Consumer Price Index (CPI), released Feb. …
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. Perhaps the most easily overlooked features of your credit card are its built-in insurance benefits. With the right credit card, you’re protected when newly purchased items are damaged or stolen. And your card perks can step in when an …
Fotostorm | E+ | Getty Images Welcome to the “boomcession.” The term is a portmanteau of the words “boom” and “recession.” It highlights how the average American doesn’t feel like they’re reaping the benefits of an economy that is — on paper — humming along, according to creator Matt Stoller. …
Wall Street is barreling toward a big week ahead with Big Tech earnings, a critical Federal Reserve meeting and an important meeting between President Donald Trump and Chinese President Xi Jinping that could set the tone for the rest of the year. Stocks are on pace to wrap up a …
Capital One shares rose on Tuesday evening after the credit card issuer reported a sizeable quarterly beat, driven by improved credit quality performance. Revenue in the third quarter ended Sept. 30 increased 53% year over year to $15.36 billion, beating the LSEG-complied consensus estimate of $15.08 billion. Adjusted earnings per share …
Last week started with the big banks delivering strong earnings and ended with regional lenders writing off bad loans. Investors are hoping for calmer waters in the days ahead, as earnings season ramps up and Washington remains in gridlock. Here’s a closer look at what to expect over the next …
Wells Fargo has branches all over the country. And yet, the nation’s fourth-largest bank is barely making a dent in the credit card market compared to its larger rivals JPMorgan Chase and Citigroup . A yearslong effort at Wells, aided by the removal this summer of the Federal Reserve’s punitive …
The stock market has been on a tear over the past month as Wall Street celebrated signs of progress in U.S. tariff negotiations and easing trade tensions with China. Since our last Monthly Meeting on April 16 through Tuesday’s close, the S & P 500 jumped 12.6%, while the tech-heavy …
Credit and debit card issuer Capital One sees a path to make its blockbuster acquisition of Discover Financial even sweeter than investors currently expect it to be. It requires going abroad. At the heart of Capital One’s announced $35 billion all-stock deal for Discover, set to close next month, is …
More than three weeks after the calamitous April 2 “reciprocal tariffs” announcement threw the stock market into chaos, investors are trying to make sense of a world in which higher tariffs are likely here to stay — and one in which the U.S. may have lost its edge. Stocks have …