Shane Oldfield News Today : Breaking News, Live Updates & Top Stories | Vimarsana

credit card companies. and that's true here too. when you read the fine print, it's eye-opening. they're not going to reduce the fees even for the eight months. what they're going to do is give merchants the equivalent of that amount of cash and keep raising the fees. the cruel joke is by the time any merchant gets some of this money, they will have raised the fees on the merchants more than what they paid out in the first place. so merchants are paying for it themselves. >> so the bottom line here then, what will this actually mean for any of us who like to use our credit cards? >> ...

the cards for the u.s. >> and this is such a popular area for tourists. i mean, and then you hear about these kidnappings. and they're certainly on the rise, right? >> reporter: they are on the rise, randi, because in the last year since the fall of hosni mubarak, the area's been more lawless than usual. really it's an explosive mix of militants and criminals and trafficking. but since hosni mubarak's fall, the egyptian authorities really haven't had the bandwidth to pay extra attention to this region because they're dealing with a lot of turmoil and protests and political chaos in c...

how one man was rescued just hours from death. good morning everybody. i'm randi kaye. we start this hour with a historic credit card settlement that could have you paying more out of your pocket. if you're just joining us, here's the deal. visa, mastercard and some of the country's biggest banks have agreed to a massive settlement with retailers that totals a whopping $7.25 billion. the lawsuit centers around credit card swipe fees. merchants allege credit card companies were fixing the price on those fees, but the proposed settlement now gives retailers the green light to tack on...

"cnn saturday morning." it is saturday july 14th. i'm randi kaye. egyptian security steps up its effort to find and free a kidnapped american couple and their tour guide. a staggering number of murders on the streets of chicago. 259 so far this year. we'll track how illegal weapons get into the hands of killers. and the anticipation builds for london 2012. gold medallist dominique dawes and jacqui joie ner courier si joins me. we begin with the search for two american tourists and their guides. they were kidnapped in the sinai peninsu peninsula. it's the third time american touri...