By Alan Rappeport in New York

Published: July 12 2010 12:12 | Last updated: July 12 2010 14:36

Aon, the US insurance broker, said on Monday it would acquire Hewitt Associates, human resources consultants, in a $4.9bn deal that will bolster its human resources consulting business.

The deal, which is half cash and half stock, values Hewitt at $50 a share and represents a 41 per cent premium on its closin...

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Many mastercard holders join up for a credit account with an 8.9% interest rate and then later realize that their interest rate has been bumped to 27.4%. Why?

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