How credit card companies reward the rich and punish the rest of us

Cash registers across America should post a new holiday shopping sign: The richer you are, the less you pay. That may sound outrageous, but it’s true. Though it’s unlikely to be advertised on a sign anywhere soon, the U.S. payment system has turned cash registers into engines of economic inequality. Driving this new system, in … Continue reading How credit card companies reward the rich and punish the rest of us