Discover what the merchant discount rate (MDR) is, why it's important for businesses, and how typical fees range. Learn how MDR affects transactions and pricing.

Understand the differences between the prime rate and discount rate, how each affects borrowing costs, consumer loans, and the role of the Federal Reserve.

Credit markets have transformed America, allowing countless businesses and families to finance their futures. Nearly 80 percent of Americans own a credit card, and an astounding 94 percent of these ...

A 10 percent credit-card cap would be the single worst thing the president and Congress could do to the U.S. economy. It would end Americans’ most-preferred method of payment, cut off the flow of tens ...

For the family living on the margins, credit won't be cheaper under a 10% cap, it will simply be gone.