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The firm says 40 million Americans' scores will drop by more than 20 points, and a similar number will rise.

The FTC order came after nearly a third of Credit Karma users who were told they qualified for preapproved credit card offers were actually turned down, wasting their time and hurting credit scores.

Retailers filed lawsuits against the credit card companies for placing restrictions on surcharges. The settlement eases those restrictions.

By the time they turn 18, about one in five high school students already has a credit card. A federal bankruptcy judge is trying to keep students out of his court in the future by teaching them about credit scores and other borrowing basics.

Authorities say they've broken up one of the biggest credit card fraud rings in U.S. history. The group stole more than $200 million by creating fake identities and opening thousands of card accounts.

The Consumer Financial Protection Bureau is imposing some of the same requirements on prepaid debit and credit card providers as on companies that market standard cards.

Though the gap between spending and revenues has narrowed, it has stayed above the $1 trillion mark.

A day after eurozone lenders finally released about $45 billion in loans to Greece, a top credit agency raised its rating on the country by a six points. It's a rare piece of good news for Greece, which still faces Depression-level unemployment and at least another year of recession.

Reports say the decision was already in the works before allegations surfaced over the weekend that lead actor Kevin Spacey had attempted to seduce a teenage actor in 1986.

President Trump says he thinks big companies would use the program to hire foreign students graduating from top U.S. colleges, keeping top talent in America.