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Finance

Think your credit card is safe in your wallet? Think again.

By Mary Hadar The Washington Post
Sep 15, 2019 6:00 am - Check your bank balance, Avril Rhoades in Valdez, Alaska. Freeze your credit, Nazaryah Minnieweather of Victorville, California. And cancel your credit card, Jennifer Ke...
AmEx says 70% of its new credit card customers pay annual fees

Jenny Surane Bloomberg
Sep 15, 2019 6:00 am - Annual fees aren't scaring customers away from American Express Co.'s credit cards. Roughly 70% of cardholders the lender added in the second quarter have premium, fee-p...
Average FICO credit score hits new high

By Michelle Singletary
Sep 14, 2019 1:00 am - I've had a perfect 850 credit score for more than a year. How has my life changed? Not one little bit. I've been getting about the same number of credit card offers as w...
Discover names new CFO

Sep 14, 2019 1:00 am - RIVERWOODS - Discover Financial Services announced John T. Greene, a financial executive in the banking, insurance and pharmaceutical industries, has been named executiv...
Illinois Secure Choice program takes aim at 'retirement crisis'

By Jerry Nowicki Capitol News Illinois jnowicki@capitolnewsillinois.com
Sep 10, 2019 1:00 am - SPRINGFIELD - More than 24,000 private-sector workers in Illinois have collectively stashed away more than $5 million in retirement savings since January as part of a ne...
Analysis: It was a wild August on Wall Street. Maybe next year I'll take that vacation.

Thomas Heath The Washington Post
Sep 08, 2019 6:12 am - If you are an investor who just lived through August, it's tough to ignore Wall Street volatility caused by an unpredictable president, a confusing bond market and a see...
How the firm behind many store credit cards is using AI to fight fraud

Jennifer Surane Bloomberg
Sep 08, 2019 6:09 am - All shoppers are familiar with the offer of a discount at checkout in exchange for taking out a store credit card. Their wallets may already be stuffed with plastic bear...
Minority business owners with better credit scores face more scrutiny, study says

Tracy Jan The Washington Post
Sep 08, 2019 6:08 am - Black and Hispanic men seeking small business loans faced more scrutiny and worse treatment from bank officers than less qualified white men, according to a study releas...
Banks fire up their mortgage machine for a refinancing boom

By Hannah Levitt and Claire Boston Bloomberg
Sep 01, 2019 6:00 am - Lenders thought it was time to shrink their mortgage businesses. Now they're finding they were wrong. With rates for home loans sinking to their lowest levels since late...
Paying for college comes down to managing expectations, for parent and child

By Thomas Heath The Washington Post
Sep 01, 2019 6:00 am - Washington-based financial adviser Lori Atwood's latest impossible mission is schooling clients on how to send their kids to college without draining their retirement sa...

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