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Credit Cards

The most useful and most expensive piece of plastic you own. How credit cards actually work, what the grace period and APR really cost you, and how to weigh rewards against interest without kidding yourself.

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Tech

A deletion request is now a standing instruction

Since August 1, a California deletion request has been a standing instruction rather than a one-time message: brokers must keep deleting every 45 days, and the bar on selling you again has fewer ways out than the duty to delete.

By 5 min read

Markets

PJM's power auction bought less generation at its price cap

PJM's own auction reports, read in one column: the price of scarcity climbed toward its ceiling while the new generation it bought fell to a few hundred megawatts, and PJM has asked FERC to stop counting some of the demand behind that climb.

By 6 min read

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