Chip Credit Cards

Credit delinquency is on the rise. High credit card rates and enduring inflation are hurting consumers, especially those considered “Gen Z.” Here’s the latest New York Fed data about the American consumer. The Data: The New York Fed's Center for Microeconomic Data released its...

Criminals and credit card fraudsters are delighted that U.S. retailers and banks are taking their time in transitioning towards safer chip-based credit cards. According to a report by Bloomberg, counterfeit-card fraud will surge 12.5 percent in 2016 and reach $4.5 billion as criminals are looking...

U.S. stocks rose today as investors and traders felt that there were plenty of bargains in the market to be found. "Today is just a bounce. I don't think there is really that much behind it, other than some bargain hunters stepping in," Robert Pavlik, a chief market strategist said to CNBC....