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Business, Stocks

“Why Mastercard Stock Climbed 58% in 2019”

“Shares of Mastercard (NYSE:MA) gained 58.3% last year, according to data provided by S&P Global Market Intelligence. That compares to a return of 28.9% for the S&P 500 index. The payment processor continued to post stellar growth rates on the top and bottom line. Investors see… Continue Reading…

Economy, Personal Finance

“Americans’ Credit Card Debt Poised to Reach 10-Year High”

“Americans are projected to fall seriously behind on their credit card bills at the highest rate in a decade as banks push a record number of people to get plastic. The share of credit card borrowers who are at least… Continue Reading…

Banking, Economy, Personal Finance

“Mastercard and Visa agree to cut overseas card fees”

“Mastercard and Visa have both agreed to cut their fees for tourists using their cards in the EU, after a long-running battle with the European Commission. The credit card firms will now charge retailers around 40% less on non-EU credit… Continue Reading…

Economy, Personal Finance

“America’s Upper Middle Class Feeling the Pinch Too”

“The cost of many products and services the upper middle class buys, from autos to college educations, is outpacing overall inflation. While having access to credit, these households are increasingly tapping into costlier forms of debt… Credit card interest rates… Continue Reading…