How to avoid store credit cards with a potential debt bomb

A guide on store credit cards detailing the pitfalls of deferred interest, high rates, and key strategies to avoid financial pitfalls while utilizing store credit effectively.

CFPB sues Comerica Bank over allegations of failing disabled and older Americans

Comerica Bank faces allegations of mistreating disabled and elderly customers, according to the CFPB, potentially resulting in penalties for illegal fees and poor customer service.

Fed's Powell says he will not quit even if asked by Trump

Federal Reserve Chair Jerome Powell asserts he won't resign early if Trump tries to remove him, emphasizing legal protections for Fed leadership amid ongoing interest rate adjustments.

Earnings call: Comerica reports $184 million Q3 earnings

Analysis-Regional banks brace for tougher capital rules, get relief from Fed cuts

The Federal Reserve's rate cut aids U.S. regional banks by reducing bond losses and easing capital requirements amid upcoming earnings reports, improving their overall financial position.

US job openings hit 3-1/2-year low as labor market eases

U.S. job openings hit a 3.5-year low, signaling a cooling labor market. Despite declines, a significant rate cut by the Federal Reserve is considered unlikely.

Solid US consumer spending pushes against hopes for hefty Fed rate cut

U.S. consumer spending rose 0.5% in July, signaling economic stability and challenging predictions for a major Fed interest rate cut amid concerns about rising unemployment.