This Week In Credit Card News: So Many Retail Credit Cards Rip Off Consumers [Forbes]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: Forbes
Many credit cards offered by major retailers continue to charge exorbitant annual percentage rates, despite moves by the Federal Reserve to lower interest rates in the economy. In a report released Wednesday, the Consumer Financial Protection Bureau found that 19% of retail cards had APRs above 35%. In December 2024, new cards offered by the top 100 retailers had an average private label APR of 32.66%. There is no federal cap on interest rates. And while many states have usury laws, credit card issuers are often domiciled in states with more liberal rules about how much interest they can charge on a credit card. [ NBC News ] Stop using (but don't cancel) your retail credit cards due to outrageous interest rates Getty Images Fed Signals Intent to Slow Interest-Rate Cuts After Approving Quarter-Point Reduction The Federal Reserve agreed to cut interest rates by a quarter-point Wednesday but signaled greater doubt over how much and how fast it would reduce them going forward. Th
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News
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- No, medical debt was not eliminated after CEO's death | Fact check [USA TODAY]USA TODAY
- Finding Appreciation In A Challenging 2024 Media Environment [Forbes]Forbes
- After Trump-backed bill fails, Johnson says "we've got a plan" to avert shutdown [CBS News]CBS News
- Here's what happens if the government shuts down right before the holidays [CNBC]CNBC
CMCSA
Earnings
- 10/31/24 - Beat
CMCSA
Sec Filings
- 12/3/24 - Form 4
- 11/29/24 - Form 4
- 11/29/24 - Form 4
- CMCSA's page on the SEC website