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Major changes announced by Visa this week mean Americans will soon not need to carry around as many credit and debit cards. During Visa’s annual Payments Forum in San Francisco on Wednesday, the company unveiled its new Visa Flexible Credential, which will allow customers to use a single card to…

Homebuyers in the U.S. are turning to riskier adjustable rate mortgages (ARMs) as high interest rates make it less affordable for purchasers locking in new fixed rate mortgages, according to a new report. The Mortgage Bankers Association’s Market Composite Index, which measures loan application volume, found that the share of…

The amount Americans believe they will need to retire comfortably has increased faster than inflation, but what they are saving has dropped, a recent survey said.  U.S. adults believe they will need at least $1.46 million to retire in style, according to a Northwestern Mutual survey. This figure is up 15%…

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market wrap : Stocks were mixed and drifting in Friday afternoon trading. But the S & P 500 and Nasdaq were…

The verdict, when it finally came at midday on Thursday on the 17th floor of San Francisco’s federal courthouse, was stunning. More than 12 years after being accused of what one US investigator called the biggest fraud ever to hit Silicon Valley, Mike Lynch, once one of the UK’s most…

Beyoncé gave Justice Ketanji Brown Jackson four tickets to her concert last year, the justice disclosed in financial disclosure forms published Friday that also revealed that Jackson and other justices received six-figure payments in 2023 for book deals. Jackson, who reported an eye-popping $893,750 payment from a book publisher, was…

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