Tag: credit cards
Bank of America’s Q1 profits fall 18% on higher expenses, charge-offs
NEW YORK (AP) – Bank of America Corp. said on Tuesday its first-quarter profits fell 18%, as the bank dealt with rising expenses due...
What recession? Professional forecasters raise expectations for U.S. economy in 2024
NEW YORK (AP) – This year looks to be a much better one for the U.S. economy than business economists were forecasting just a...
Some Americans have become saddled with credit card debt as rent,...
NEW YORK (AP) – While the U.S. economy is broadly healthy, pockets of Americans have run through their savings and run up their credit card...
Overspent in December? Here’s how to battle the January blues
The first workday in January after the holidays hits a little bit differently: The parties are over, debt payments are soon due and it...
4 indicted in multistate burglary ring that targeted Asian Americans
PROVIDENCE – A federal grand jury indicted four individuals for their role in a multistate burglary ring that targeted U.S. residents, including Rhode Islanders,...
Report: Rhode Islander’s ability to pay off credit card debt ranks...
PROVIDENCE – Rhode Island ranked No. 34 in the United States for the average amount of credit card debt and the capacity to pay...
Fed unleashes another big rate hike but hints at a pullback
WASHINGTON (AP) – The Federal Reserve pumped up its benchmark interest rate Wednesday by three-quarters of a point for a fourth straight time to...
Study: Credit card spending falls as other payment methods become more...
PROVIDENCE – People are spending less on their credit cards in favor of other payment options, which could spell trouble ahead for credit card...
BayCoast Bank partners with credit card issuing company
SWANSEA – Baycoast Bank has teamed up with credit card issuing company CorServ Inc. to offer a new credit card program to its customers,...
Financial institutions brace for chip shortage
Fewer choices at car dealerships and barren Best Buy shelves are the most obvious signs of the global semiconductor chip shortage – new motor...
- Featured Event -
