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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 threw some red meat to his base this week and claimed he was prepared to defy the Constitution and end birthright citizenship in the U.S.His comments led to cheers from immigration hardliners, outrage from his Democratic critics and a few notable rebukes from senior Republicans in Congress who usually stand behind him.Trump botched some claims about birthright citizenship, such as when he said the U.S. is the only country with that law. Many countries offer the same. A number of legal experts say it is highly unlikely he can end the practice with an executive order-- as did Speaker of the House Paul Ryan.The timing of the proposal dovetails with the President's broader efforts to make the midterm election about illegal immigration, a topic that animates his base. Trump and his allies tie birthright citizenship to the broader effort to curtail illegal immigration. 906

President Donald Trump tweeted on Friday that he has signed an executive order calling for stiff punishment against those who damage statues and monuments.The order comes days after protesters attempted to topple a statue of President Andrew Jackson from Lafayette Park near the White House. Dozens of officers moved in to push the protesters back.In recent weeks, there have been calls from supporters of the Black Lives Matter movement to remove statues and monuments of those tied to slavery and the Confederacy. Those calls have been met with swift opposition from Trump and fellow Republican leaders.But the movement has found support from House Speaker Nancy Pelosi, D-Califfornia, who has asked for 11 statues in the Capitol of Confederate leaders being removed from the complex. “We are looking at long-term jail sentences for these vandals and these hoodlums and these anarchists and agitators,” Trump said earlier this week.Trump later added in an interview with Fox News, “We should learn from the history. And if you don’t understand your history, you will go back to it again."“I just had the privilege of signing a very strong Executive Order protecting American Monuments, Memorials, and Statues - and combatting recent Criminal Violence. Long prison terms for these lawless acts against our Great Country!” Trump tweeted late Friday.The executive order calls for federal laws to be used to arrest those who topple statues and monuments, but it's unclear how the order will be largely enforced across the country. The majority of statues and monuments that have been targeted have not been federal government property. To read the full text of the order, click here. 1690
President Donald Trump will not attend Saturday's funeral service for former first lady Barbara Bush, the White House said in a statement Thursday, citing the desire to "avoid disruptions" and out of respect for her family and friends."First Lady Melania Trump will attend the memorial service for Barbara Bush this Saturday on behalf of the First Family. To avoid disruptions due to added security, and out of respect for the Bush Family and friends attending the service, President Trump will not attend," the White House said in a statement.President Trump offered his condolences to the Bush family Wednesday as he began remarks at a joint news conference with Japanese Prime Minister Shinzo Abe.Barbara Bush, Trump said, was a "wonderful, wonderful person" and "a titan in American life.""Her strength and toughness really embodied the spirit of our country," Trump said at Mar-a-Lago. "She was a woman of proud patriotism and profound faith."Security will already be heightened at the funeral at St. Martin's Church in Houston -- Bush's husband, former President George H. W. Bush, and her son former President George W. Bush will be in attendance, as well as former Presidents Barack Obama and Bill Clinton. Former first ladies Michelle Obama, Laura Bush and Hillary Clinton will also attend.Former President Jimmy Carter and Rosalynn Carter will not attend, as Jimmy Carter will be on a trip overseas and Rosalynn Carter is recovering from recent intestinal surgery, a spokesperson for the Carter Center said in a statement Thursday.Bush, the matriarch of a Republican political dynasty and a first lady who elevated the cause of literacy, died Tuesday. She was 92. 1681
Prince Harry stole the show in London's West End after bursting into song at the hit US hip-hop musical "Hamilton."The Duke of Sussex gave those in the theater something to remember Wednesday night after breaking into song at the end of a charity performance of the show, treating the cast to a song sung by the George III character -- Harry's sixth-great-grandfather.On stage with the cast, Harry broke into mock-song, starting off with "You say ..." before cutting himself amid cheers and laughter from the cast and audience.The show was held to raise money for the Duke's HIV charity, Sentebale. 606
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