The fight more than a monthly bill focusing on credit card charges pits payment companies towards merchants

The fight more than a monthly bill focusing on credit card charges pits payment companies towards merchants


Vital Points
  • A bipartisan drive in Washington to clamp down on credit rating card charges is pitting stores like Walmart towards network payment processors these kinds of as Visa.
  • Bipartisan assist for the Credit score Card Levels of competition Act has surged given that it was released past year.
  • “It can be time to inject true competitiveness into the credit score card community market place, which is dominated by the Visa-Mastercard duopoly,” Sen. Dick Durbin, D-Unwell., said.



Supply

China’s economic growth likely slowed in third quarter
Finance

China’s economic growth likely slowed in third quarter

China Shipping containers are seen at the port of Oakland as trade tensions continue over U.S. tariffs with China, in Oakland, California, on May 12, 2025. Carlos Barria | Reuters BEIJING — China’s economy likely slowed in the third quarter, with official data due Monday expected to confirm weaker growth, according to analysts polled by […]

Read More
Stocks making the biggest moves midday: Oracle, AST SpaceMobile, Revolution Medicines and more
Finance

Stocks making the biggest moves midday: Oracle, AST SpaceMobile, Revolution Medicines and more

Check out the companies making the biggest moves midday: AppFolio — The cloud-based business software provider climbed 7% after an upgrade to overweight from equal weight at KeyBanc, with a 12-month price target of $285, according to FactSet’s StreetAccount service. AST SpaceMobile — Shares in the space-based broadband cellular network dropped 6% after more than […]

Read More
Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio
Finance

Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio

ETF Edge Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio Published Fri, Oct 17 202511:50 AM EDTUpdated 14 Min Ago Krysta Escobar WATCH LIVE Source

Read More