UBS sees peak in yields
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/29/2026
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- Fed chair Warsh kicks off Jackson Hole keynote address
- PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit
- Oil settles lower on clues about Fed policy, rumors of Hormuz deal
- Dollar jumps after Warsh comments, set for weekly gain
- McKesson reports cybersecurity incident affecting its information systems
- Mizuho is bullish on Broadcom ahead of Sept. 2 earnings, citing 30-quarter streak
- BioNTech ends colorectal cancer mRNA therapy trial early
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- Needham sees mature node semiconductor strength in latest tracker
Federal Reserve to propose slashing debit card swipe fees - WSJ
October 25, 2023 1:23 PM EDTThe Wall Street Journal reported Wednesday that the Federal Reserve is set to suggest lowering the fees that merchants pay to banks when consumers use debit cards.
The publication said the Fed is proposing the fees be reduced by about 30%. Merchants currently pay large card issuers such as Bank of America and JPMorgan Chase 21 cents plus 0.05% of the transaction amount. This level was... More
