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Some Banks Want to Consign Credit-Card Interest to History


Updated Jan. 11, 2021 4:49 pm ET
SYDNEY Interest charges have been one of the defining features of credit cards for decades and so when an employee at a big Australian bank suggested getting rid of them, he was taking a risk.
“He said, ‘Well, what about a no-interest credit card?’ ” said Rachel Slade, personal banking group executive at National Australia Bank Ltd. , recalling a feedback session at one of the lender’s Melbourne offices. “And everyone’s like, ‘What? That’s not how a credit card works.’ ”
Worried about dwindling credit-card usage during the coronavirus pandemic and the rapid rise of startups like Australia’s Afterpay Ltd. and Sweden’s Klarna Bank AB that allow consumers to pay for goods in installments, some banks are rethinking what has been one of their most lucrative businesses. ....

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Tucson zip code remains a top COVID hot spot in Arizona


Tucson zip code remains a top COVID hot spot in Arizona
Zip code COVID-19 southside
By Jasmine Ramirez | January 7, 2021 at 6:26 PM MST - Updated January 8 at 12:07 PM
TUCSON, Ariz. (KOLD News 13) - Arizona continues to have one of the highest COVID infection rates in the country, and a Tucson zip code has one of the highest case counts in the state.
Researchers on the University of Arizona’s COVID modeling team said the 85706 zip code has remained a hot spot since Nov. 1, 2020.
“If you standardize it to the population, right now we’re seeing about 124 cases per 10,000 people every week,” said Bonnie LaFleur, a professor of Biostatistics at University of Arizona and member of the COVID Modeling Team. ....

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FOXNEWS Fox Report with Jon Scott February 1, 2020 23:58:30

Transcripts for FOXNEWS Fox Report with Jon Scott 20200201 23:58:30
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