As the economic fallout of the pandemic continues to unfold, banks are rushing to close credit card accounts or slash credit limits to curb their risk.

“These are really big numbers,” said Matt Schulz, chief industry analyst at CompareCards. “It means that an awful lot of Americans had one of their financial security nets taken out from under them in one of the most difficult economic times in American history.” 1 in 5 cardholders saw a credit decrease of at leastContinue reading “As the economic fallout of the pandemic continues to unfold, banks are rushing to close credit card accounts or slash credit limits to curb their risk.”

Apple could announce move to put its own chips in Macs during WWDC event: report – MarketWatch

Apple Inc. undefined could make an announcement as soon as this month about its plans to put its own main processors in its Mac computers, according to a… — Read on http://www.marketwatch.com/story/apple-could-announce-move-to-put-its-own-chips-in-macs-during-wwdc-event-report-2020-06-09