Southwest Airlines is revamping its Rapid Rewards loyalty program, replacing old status labels with a new Silver, Gold, and Platinum tiered structure and restructuring credit card earnings.

Australia is eliminating debit and credit card payment surcharges nationwide in a sweeping Reserve Bank of Australia overhaul expected to save shoppers billions.

The Federal Reserve raised its benchmark interest rate by a quarter-point to a range of 3.75% to 4.00% to combat persistent inflation, impacting borrowing and saving.