As retail sales took a bit of a breather in December, so did the credit cards.
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It’s a game of chicken with the global economy.
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Want to buy a new coat without shelling out the entire cost upfront? For shoppers, that’s becoming an increasingly popular payment option — generating a windfall for the handful of companies that facilitate such services. What’s happening: Square, which owns the Cash App, announced Sunday that it’s buying Afterpay for $29 billion, the largest acquisition of […]
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San Francisco is requiring brick-and-mortar retailers to take cash as payment, joining Philadelphia and New Jersey in banning a growing paperless practice that critics say discriminates against low-income people who may not have access to credit cards. The Board of Supervisors took up the issue at a meeting Tuesday and passed the measure with all […]
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Palm Springs, CA The Federal Reserve announced Wednesday, they’re raising interest rates a quarter of a percentage point, the highest level since 2008. From the housing market to credit cards and loans, there’s some interesting changes happening. Story Here: What to Expect From The Rancho Mirage Observatory "Does have an effect on pretty much everyone […]
