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Retail credit card APRs have not changed despite the Federal Reserve slashing interest rates to near zero this year, according to a new report from CreditCards.com.Store-only cards have the highest interest rate at nearly 30%. That's the case for a few jewelers, Discount Tire and Big Lots, which sells furniture and appliances.“They're kind of preying, in some cases, on people who are really desperate to buy something, but may not have the money for it,” said Ted Rossman, an industry analyst at CreditCards.com. “So, it's really all about risk management.”The website’s survey found more than 43% of people have impulsively applied for a store card at checkout.That phenomenon may change this holiday season, when much of the shopping is expected to be online.“It might be less of an issue this year,” said Rossman. “Although, who knows? Maybe the shoppers that are in store are going to be peddled these even more aggressively, so it's something to watch for.”Store credit cards can be worth it if you pay your bills in full to avoid interest and you're loyal to a certain retailer. That's especially true for cards that offer 5% back on everything you buy. Amazon, Walmart, Target and a few clothing stores offer those kinds of rewards.If you're just signing up for an initial discount, don't waste it on a small purchase.Remember a credit card is different from a free loyalty program.You might be getting into something that could hurt your credit score. 1470

President Donald Trump sought to distance himself from the Justice Department official he just named as acting attorney general in the face of mounting criticism about the legality and propriety of his appointment."I don't know Matt Whitaker," Trump said of the new acting attorney general, saying he hired him because he had worked for since-dismissed Attorney General Jeff Sessions. "He was always extremely highly thought of, and he still is. But I didn't know Matt Whitaker. He worked for Attorney General Sessions."The President's comments are at odds with the relationship Trump has forged with Whitaker in recent months, even as his opinion of Sessions continued to sour. Whitaker has been at the White House dozens of times, including in meetings with Trump, and the two have spoken by phone on several occasions, including on the day that Deputy Attorney General Rod Rosenstein was expected to be fired.Whitaker was not hired as Sessions' chief of staff by virtue of any pre-existing relationship with Sessions, but instead because White House officials believed Whitaker's loyalties would lie at the White House and not with the beleaguered attorney general, sources said.  1196

President Trump's senior adviser and son-in-law Jared Kushner told journalist Bob Woodward during a taped interview in mid-April that Trump was "getting the country back from the doctors" amid the coronavirus pandemic.According to newly released audio obtained by CNN, Kushner's comment came as more than 40,000 people in the U.S. had already died from COVID-19. 370

Protests broke out in St. Louis after former police officer Jason Stockley was acquitted Friday of first-degree murder in the 2011 shooting death of black driver Anthony Lamar Smith.At least 23 people were arrested and 10 law enforcement officers injured in protests Friday night.The city had been on edge for days. Shortly after the verdict, people gathered outside the courthouse to protest the controversial ruling. Some protesters locked arms and prayed together, but within hours others were smashing the windshield of a police vehicle and throwing water bottles, rocks and bricks at law enforcement. 613

President Donald Trump suggested on Saturday he's done confronting Russian President Vladimir Putin over his country's election meddling since it's insulting to the Russian leader.Trump said he took Putin at his word that Russia did not seek to interfere in the US presidential election last year, despite a finding from US intelligence agencies that it did. The fraught relations between the two leaders was underscored anew when Putin's spokesman said election meddling did not come up when they spoke, even though Trump said it did.And he stressed that bigger issues persist between the United States and Russia that require the two leaders to move on. 663

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