Comments

Ticker Summary (^DJI)

10,429.77+109.67 (+1.06%)
Open 10,321.92
High 10,451.15
Low 10,321.84
Volume 103,072,360
Market Cap N/A
52 Week High 11,309.00
52 Week Low 9,252.93
P/E N/A
F P/E N/A
EPS N/A
Dividend N/A
Yield N/A
1 Year Target N/A

^DJI 10,429.77 +1.06%

The Federal Reserve on Thursday will vote on a huge reform of the credit card industry, which would ban the practice of retroactively increasing interest rates. Under the new guidelines, credit card company's would only be permitted to increase interest rates when consumers are late making payments. The move marks the largest reform to the credit card industry in over a decade.

Negative Impact Positive Impact +2 | Circulate

Del.icio.us Digg Reddit StumbleUpon NewsVine

2 years 305 days ago by Tim

Submit comment

Please sign in or register to leave a comment.