UBS Chairman Is Said to Mull Merger With Credit Suisse

William Arsn

Shares of UBS  (UBS) – Get Report and Credit Suisse  (CS) – Get Report rose on Monday after a media report said UBS Chairman Axel Weber was examining the possibility of a merger between the two Swiss banking giants. The coronavirus pandemic and low or negative interest rates have buffeted banks around […]

Losing the extra $600 unemployment benefit may not have stopped Americans from spending money, J.P. Morgan credit card data show

William Arsn

© Getty Images In July, personal consumer spending rose by 1.9{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05}, government data shows. At that point, unemployed Americans were still receiving an extra $600 a week in federal unemployment benefits on top of their state benefits. Whether or not you believe the now-expired $600 weekly unemployment benefit was overly […]

Losing the extra $600 unemployment benefit may not have stopped Americans from spending money, J.P. Morgan credit card data shows

William Arsn

Whether or not you believe the now-expired $600 weekly unemployment benefit was overly generous or not, like stimulus checks, they allowed more Americans to spend money. But even without the enhanced unemployment benefit, Americans are still reaching for their wallets in stores, restaurants and auto dealerships, data show. In July, […]

The best travel credit cards of 2020

William Arsn

Taking the family on trip? The right credit card can take the hassle out of your vacation. — Our editors review and recommend products to help you buy the stuff you need. If you sign up for a credit card after clicking one of our links, we may earn a […]