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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 ...
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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 ...
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
California last year saw large numbers of workers go on strike, including a simultaneous work stoppage by the Writers Guild of America and the Screen Actors Guild that significantly impacted the ...
Unemployment rate has reached 12.4 percent in 2010 which is highest recorded from 1976. Unemployment rates in California reached historic lows in 2000 and 2006. Unemployment rates in California were relatively low during the early 2000s but increased drastically in late 2000s.
In California, for instance, the state unemployment rate hit 5.3% in February, up 0.8% from a year ago and the highest in the nation. New Jersey's unemployment rate hit 4.8% in February, also up 0.8%.