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Feb 26, 2024

Credit card fee feud

Retailers are sick of rising credit card fees. Banks say the fees have stayed pretty much the same.

Credit card fee feud
Justin Sullivan/Getty Images

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Segments From This Episode

  • It's gonna be a big week for economic data

    by Kai Ryssdal and Sean McHenry

    Everything from homes prices to the Fed’s favorite inflation measurement are coming out. David Vera at Cal-State Fresno and Nicole Cervi at Wells Fargo explain what they’ll be watching for.

  • Years later, pandemic purchases trigger buyer’s remorse

    by Kristin Schwab
    Purchases of exercise equipment, air fryers and outdoor heaters boomed. But now some of those purchases are collecting dust.
    Ezra Shaw/Getty Images

    From outdoor heaters to exercise equipment to homes, people made purchases they now regret.

  • Why do we measure consumers’ feelings?

    by Kai Ryssdal and Sofia Terenzio
    Sentiment and confidence, says professor Sasha Indarte, are "related to people's behavior and decisions." That influences what companies and government plan for and invest in.
    Stefani Reynolds/AFP via Getty Images

    Consumer sentiment and confidence indexes are used in forecasting, which influences planning and investment. But feelings can be tricky.

  • The fees war between retailers and credit card companies is heating up

    by Sabri Ben-Achour
    Merchants from gas stations to ice cream shops to Amazon have complained about credit card fees and contracts, and many are lobbying for credit card regulation.
    Justin Sullivan/Getty Images

    Merchants paid $126 billion in credit card fees in 2022, up 20% from the year before. The pushback is playing out in lobbying campaigns and Congress.

  • Behind the scenes, this gift store is rolling with the inflation punches

    by Mitchell Hartman

    We check in with Annie Lang Hartman, owner of Wild Lettie in Leelanau, Michigan, about how her winter is going.

The Team