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As you can see in the chart below, JPMorgan's net charge-off rate on card services bottomed out in late 2021 and early 2022. Chart showing JPMorgan's charge-offs and charge-off rate on credit ...
The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...
The Consumer Financial Protection Bureau in its October 2013 report on the CARD Act found that between the first quarter of 2009 and December 2012, credit card interest rates increased on average from 16.2% to 18.5%, while the “total cost of credit,” that is, the total of all fees and interest paid by all consumers as a percentage of the ...
Blizzard Entertainment#StarCraft privacy lawsuit. Bougainville Copper#US lawsuit. Brazilian hair straightening#Class action lawsuits. British American Tobacco#Canadian class action lawsuit \. Brookfield Asset Management#Birch Mountain class action. Buena Vista Rancheria of Me-Wuk Indians of California#History.
Credit-card charge-offs reached their 20-year peak in February, at a dizzying (Not that we're blaming the messenger.) For charge-offs and unemployment rates, a perfect storm
The figure was up from this time last year when the unemployment rate was 3.7% and 6.1 million people were idle. May marked the 49th month of job market expansion for California after the state ...
Activision Blizzard is a current lawsuit filed by the California Department of Fair Employment and Housing (DFEH), now the Civil Rights Department (CRD) against video game developer Activision Blizzard in July 2021. The lawsuit asserts that management of Activision Blizzard allowed and at times encouraged sexual misconduct towards female ...
Currently California employers pay a federal unemployment insurance tax of 1.2% on the first $7,000 of wages per employee, but that will rise incrementally every year so long as California is in ...