Photo of rewards offered through Chase bank on an iPhone in the Brooklyn borough of New York

For Banks, Data on Your Spending Habits Could Be a Gold Mine

NEW YORK — There’s a powerful new player watching what you buy so it can tailor product offerings for you: the bank behind your credit or debit card. For years, Google and Facebook have been showing ads based on your online behavior. Retailers from Amazon t...
Photo of Jerome Powell

Powell: US Economy Healthy and Rate Hikes Aren’t Automatic

WASHINGTON — Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of its credit tightening. Powell's ...