The Internal Revenue Service will allow Americans with undeclared offshore accounts at UBS and other banks until October 17 to come clean about their holdings and thus avoid fines and prosecution. This extends a September 23 deadline of the IRS progr...

Citigroup has decided to raise interest rates on credit card accounts in a move which is expected to affect as many as 15 million US customers, according to a report in Financial Times. The hike is interest rates on credit cards is being seen as part...