FedEx, the world’s leading package-delivery service and an ostensible bellwether of the U.S. economy, will report its latest earnings this week. Also, with the holiday shopping season well underway, Best Buy and Discover Financ…
U.S. credit card delinquencies fell in October to the lowest levels of the year as more people were able to restart payments on their consumer debt, The Wall Street Journal reported, citing company filings.
Con…
Five of the six largest U.S. issuers of credit cards reported a drop last month in then percentage of credit-card balances deemed uncollectable. The drop suggests consumers may be making headway in their efforts to pay off thei…
Discover Financial Services posted a fiscal third-quarter profit that fell less than analysts had expected. Sales from its eponymous credit card grew 5% from a year earlier as falling interest rates spurred more usage and as mo…