Capital One’s Card Purchase Volumes Grow 7%, Charge-Off Rate Is 6%
Capital One’s fourth quarter results, released after the market closed on Tuesday (Jan. 21), indicated that consumers continue to spend on their cards, and stripping out one-time items, credit perfo...
Netflix Sees 19 Million New Subscribers in Q4
Netflix closed out Q4 of 2024 with a record 19 million net new subscribers in the fourth quarter. This marked the largest quarterly membership increase in the company’s history.
Netflix’s strateg...
FTC Begins Sending Refunds to Victims of Debt Relief Scheme
The Federal Trade Commission (FTC) has begun sending more than $5 million in refunds to consumers who were harmed by a deceptive credit card debt relief scheme.
The funds in this distribution came fro...