Finance

Credit card interest rates are at record highs. Cards have ‘never been this expensive,’ CFPB says

Credit card interest rates have ballooned to record highs in recent years — and the growing portion of the formula…

German central bank losses soar, wiping out risk provisions

Losses incurred by the German central bank rocketed into the tens of billions in 2023 due to higher interest rates,…

Block shares surge 16% after company announces surprise profit

Block stock closed up 16% Friday, a day after the payments company reported fourth-quarter earnings that beat analysts’ estimates on…

Stocks making the biggest moves after hours: Block, Carvana, Booking Holdings and more

Check out the companies making headlines in extended trading. Intuit — Shares pulled back roughly 1% after the financial software…

Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal

Capital One‘s blockbuster takeover proposal for Discover Financial includes a $1.38 billion breakup fee if Discover decides to go with…