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Visa and Mastercard reach swipe fee settlement with merchants

Visa and Mastercard say they've reached a deal to resolve a long-running battle with businesses over "swipe fees." But retailers and restaurants say it doesn't go far enough.

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Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Sink your teeth into our annual collection of dining — and drinking — stories, including a tally of Sin City's Tiki bars, why good bread is having a moment, and how one award-winning chef is serving up Caribbean history lessons through steak. Plus, discover how Las Vegas is a sports town, in more ways than one. Bon appétit!