Politics Oct 26 WATCH: Biden announces push to crack down on 'junk fees' amid high inflation With time running out before the election, President Joe Biden highlighted his administration’s push to crack down on so-called junk fees that banks and other companies charge their customers.
Economy Oct 03 Senate report finds increasing cases of fraud, scams on Zelle The report also found that the large banks who partly own Zelle have been reluctant to compensate customers who have been victims of fraud or scams.
Politics Sep 22 WATCH: Heads of major banks testify in Senate Banking Committee hearing The CEOs of the nation’s biggest banks were in for a second day of tough questioning from lawmakers Thursday, as Americans face inflation not seen since the early 1980s and a midterm election is only weeks away.
Economy Aug 03 New cryptocurrency oversight legislation arrives as industry shakes It's the latest attempt by Congress to formulate ideas on how to oversee a multibillion-dollar industry that has been racked recently by collapsing prices and lenders halting operations.
Nation Jul 27 Mortgage company owned by Warren Buffett discriminated against Black and Latino homebuyers, DOJ says A Pennsylvania mortgage company owned by billionaire businessman Warren Buffett discriminated against potential Black and Latino homebuyers in Philadelphia, New Jersey and Delaware, the Department of Justice said Wednesday.
Economy Jul 21 High mortgage rates, prices discourage buyers and chill housing market Sales of previously occupied homes have fallen for five straight months, during what is generally the busiest time of year in real estate.
Politics Jul 21 WATCH: Senate panel explores skyrocketing housing prices The Senate Banking Committee explored the state of housing in the United States in a hearing Thursday, as rising mortgage rates, low inventory and high home and rental prices squeeze consumers.
Economy Jun 13 Bitcoin prices plunge as major crypto lender halts operations The price of bitcoin and other cryptocurrencies are falling Monday, after the major crypto lender Celsius halted all withdrawals citing "extreme market conditions."…
Economy Jun 07 Cryptocurrency meltdown is wake-up call for many, including Congress Meltdowns in the cryptocurrency space are common, but the latest one has served as a vivid reminder that investors, both professionals and rookies, can be rolling the dice when putting money into digital assets.
World May 24 U.S. to end Russia's ability to pay off international debt The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.