December Sales Will Warm Merchants’ Hearts

Shoppers didn’t disappoint, buying presents at both low- and high-end prices, from jewelry to shoes. Most analysts predict sales will show year-over-year increases of 3% to 4% on Thursday, when major chains post December figure…

The Early Line on Holiday Retail Sales: Up a Merry 5.5%

Shoppers did their part this holiday season, spending more on clothes, jewelry and luxury items than last year, according to new sales tallies from MasterCard SpendingPulse, which tracks purchases by credit card, cash and other…

Consumers May Get Hit With Higher Debit Card Fees

New rules proposed by the Fed for debit card transactions may mean consumers end up paying more to use their cards, while big retailers save billions. The rules would sharply limit the transaction fees sellers pay, so banks cou…

MasterCard and Visa May Face Legal Battle Over WikiLeaks

MasterCard (MA) and Visa (V) may face a legal challenge to their decision to cut ties with WikiLeaks.

DataCell, a data-hosting company based in Iceland, says that the two companies’ refusal to process donations to WikiLeaks are costing it revenue. Dat…