jp morgan

JP Morgan to Cut $200 Million off Chase Sapphire Reserve Cards

JP Morgan to Cut $200 Million off Chase Sapphire Reserve Cards

JP Morgan Chase & Co. (NYSE: JPM) aims to cut costs of about $200 million in the unit that oversees the Sapphire Reserve credit card due to high demand and the card’s generous rewards.Consumers are willing to pay the $450 annual fee for a ..

U.K. Bans Credit Card Surcharges

U.K. Bans Credit Card Surcharges

On Wednesday, the U.K.’s Treasury Ministry announced that British retailers will be forbidden from forcing customers to pay surcharges when they pay for a transaction using a credit card. British consumers tend to face up to 20 percent of surc..

Intel Presented New Line of Chips

Intel Presented New Line of Chips

Intel Corporation (NASDAQ: INTC) revealed this week the latest line of microprocessor chips for servers and cloud data centers. The chips proved to be innovative, according to experts, and showed larger-than-expected performance improvements.In..