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NewsWatch: Have a Citi credit card? You may be getting some money back

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Citi settled with the Bureau of Consumer Financial Protection over failure to adjust cardholders’ interest rates See full story.

Housing is the least affordable in 10 years — here’s what’s to blame

Housing affordability – defined as housing payments divided by income – is at its most stretched since 2008, largely due to tepid wage growth. In reality, higher mortgage costs made housing less affordable before the housing bubble inflated. See full story.

Trump says Saudi Arabia agreed to raise oil output by ‘maybe up to’ 2 million barrels a day

President Donald Trump early Saturday said that crude-oil swing producer Saudi Arabia has agreed to raise output by as much as 2 million barrels a day.

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