CNNW CNN Newsroom July 14, 2012
good morning, everyone. i'm randi kaye. it is 7:00 on the east coast. thanks for starting your morning with us. we start with the massive credit card settlement that could mean more fees for you at home. here's the deal. visa, mastercard and some of the biggest banks agreed to a $7.25 billion settlement with retailers. the lawsuit centers around credit card swipe fees. we all know about those. credit card companies were fixing the price on the fees. it drops bans on credit card surcharges charged by retailers. they are now allowed to charge more if you use plastic. it doesn't mean th...