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Market Watch (Holiday Sales / Credit Card Interest) #652088

CBS Evening News for Monday, Nov 26, 2001
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(Studio: John Roberts) Strong holiday sales for online retailers noted.

(New York: Anthony Mason) Very high credit card interest rates in spite of ten federal interest rate cuts in the last year examined. [Two WOMEN - say the rates should be lower.] [Cardweb.com Robert McKINLEY - says many cards have "bottomed out" their interest rates; says card rates have declined.] [Public Interest Research Group Ed MIERZWINSKI - says credit card company profits are up because the cost of money is down.]

Reporter(s):
Mason, Anthony;
Roberts, John
Duration:
00:02:00

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