The US Bank Business Altitude Connect card is a small business card with benefits designed for digital nomads. They offer generous spend bonuses and multiple travel privileges on qualifying travel purchases.
U.S. household debt soared to a record $16.9 trillion from October to December last year, the largest quarterly increase in 20 years.
Goldman Sachs has dropped plans to develop a Goldman-branded credit card for retail customers, another casualty of the firm’s strategic pivot.
The Federal Reserve raised interest rates by a quarter of a point at the end of its two-day policy meeting, citing persistent inflation.
According to consumer insolvency firm MNP Ltd, 59% of us are feeling the effects of these rate increases, and with an estimated two million Canadians renewing their mortgages within the next 12 months, more people are likely to feel the pinch.
The Bank of Canada won't be lowering its key lending rate this year despite financial markets already pricing in multiple cuts starting this fall, according to a senior economist at Vanguard.
