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Customers Sue Target Over Credit Card Breach
Traffic at stores also declined following a security breach that may have exposed the credit card information of 40 million customers.
American credit card debt passes $1 trillion
To put that in perspective, $1 trillion in bills end to end would stretch past the sun from Earth.
Listen
•
6:06
MasterCard, Visa Warn Of Credit Card Data Theft
Just how big the breach was is still unknown but one security expert says it was "massive."
Are The New Credit Cards Chipping Away At Our Patience?
Despite the switch from the magnetic stripe credit cards to chip cards last October, the new technology is still not widely adopted. Visa unveiled an upgrade to speed up checkouts but barriers remain.
How the chip shortage is affecting the credit card business
It used to take seven to 10 business days to get a new credit card. Because of an ongoing chip shortage, deliveries can take almost two months, and that could be the case through the end of the year.
Listen
•
3:03
How the chip shortage is affecting the credit card business
It used to take seven to 10 business days to get a new credit card. Because of an ongoing chip shortage, deliveries can take almost two months, and that could be the case through the end of the year.
Listen
•
3:03
Credit Cards Under Pressure To Police Online Expression
The Web is full of sites promoting views that many find offensive — and often, those sites do business with credit card companies. Some advocacy groups are pressuring Visa and MasterCard to end those relationships, but others worry these campaigns will have a chilling effect on free speech online.
Listen
•
5:01
Americans Run Up More Credit Card Debt
The average American had almost $5,000 of credit card debt in the third quarter of 2012, up almost 5 percent over the previous quarter. Industry analysts say the increase is partly seasonal, people spending more ahead of the holidays. But they also say it could reflect growing consumer confidence, which has been on the rise since July as job numbers have gradually improved nationwide.
Listen
•
0:41
Millions Of Credit Cards Affected By Data Breach At Target
The retailer acknowledged early Thursday that there was a massive security breach of its customers' credit and debit card accounts. It started the day before Thanksgiving and extended at least to Dec. 15 — the heart of the holiday shopping season.
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•
0:49
Pentagon Rhetoric Belies the Reality in Iraq
U.S. forces are fighting a two-front war with Sunni and Shiite Muslim insurgents and the death toll continues to rise. But there is an increasingly sharp contrast between the official Pentagon take on security and reconstruction efforts in Iraq and the reality on the ground. NPR's Eric Westervelt reports.
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