Economy

Beware of Credit Card Checkout Fees

Credit cards can be a safety net in emergency situations, give rewards for using them and help build credit. But if you pay with plastic for your purchase, you may want to pay attention. That's because swiping your credit card at the checkout counter could result in a new surcharge.

California Hosts U.S.-China Summit

There's significance behind the choice of California as the venue for the U.S.-China summit between presidents Barack Obama and Xi Jinping. The state is home to more than a third of the China-born population in the U.S., and Chinese-backed investment groups have been pouring billions of dollars into real estate property and private companies based in California. At the same time, exports of California goods to China are surging, and state leaders are bullish about capitalizing on new markets there.