I’ve spent most of my life working in restaurants. At 15, I worked tables at the restaurant my dad managed while my mom bartended. Even then, I knew I wanted to be a chef — though my dad wasn’t ...

Visa and Mastercard say they have reached a settlement to resolve a long-running battle over swipe fees. These are the fees that restaurants and retailers pay the card companies every time a customer ...

Legislation would allow merchants to route transactions over multiple card networks, boosting competition, and more ...

A 20-year feud ends in a deal that could alter swipe fees and rewards programs. Money; Getty Images An accord reached in a 20-year feud between credit card issuers and stores could change the way you ...

Marylanders are no strangers to the strain brought on by stubbornly high expenses. Our state’s cost of living remains 13% higher than the national average, so it’s clear we need action from Congress ...

As part of the proposed settlement, the credit card companies will temporarily lower the swipe fees for merchants. But not everyone sees this as a satisfying end to a legal battle that stretched on ...

Many small businesses are breathing a bit easier as inflation has cooled and the race for workers slows. But consumers’ steady embrace of credit cards is taking a growing bite out of their margins.

Once a credit card swipe crosses the $5,000 mark, the transaction stops being routine and starts triggering a series of behind-the-scenes checks, score calculations, and banking rules that most people ...

During the roughly three years since the pandemic, small-business owners have struggled with higher labor costs, increasing rents, and inflation-driven spikes in the prices of supplies. But many ...