Billions are on the line for lenders as White House finalizes credit card late fee cap
WASHINGTON — The Consumer Financial Protection Bureau’s ambitious rule proposal to crack down on credit card late fees, a $14.5…
U.S. Bank fined $36 million for freezing unemployment debit cards during Covid-19 pandemic
WASHINGTON — The Consumer Financial Protection Bureau on Tuesday announced it has fined U.S. Bank nearly $21 million for cutting…
Inflation fears down, consumer optimism up: Economy may start to help Biden with voters
Two new surveys released in recent days suggest consumers may be starting to feel more optimistic about inflation. This could…
Bank of America fined $12 million for mortgage disclosure violations by federal watchdog
WASHINGTON — The Consumer Financial Protection Bureau on Tuesday fined Bank of America $12 million for reporting false mortgage lending…
Biden proposes ban on cable cord-cutting fees
WASHINGTON — The Federal Communications Commission on Tuesday announced a rule proposal to ban early termination fees for cable and…
Senate committee subpoenas Live Nation, Ticketmaster after months-long probe
A Senate investigative subcommittee on Monday said it has issued a subpoena to Live Nation Entertainment and its Ticketmaster subsidiary…
Toyota financing arm fined $60 million by consumer watchdog for car loan scam
WASHINGTON — The U.S. financing arm for Toyota was fined $60 million Monday by a federal consumer regulator for preventing car buyers…
Morgan Stanley fined for putting customer personal data at risk in computer purge: New York AG
Morgan Stanley agreed to pay a fine of $6.5 million to a coalition of six states for compromising the personal…
GOP Rep. Elise Stefanik files ethics complaint against Trump NY fraud trial judge
House Republican Conference Chair Rep. Elise Stefanik on Friday filed an ethics complaint calling for the removal of a judge…
Coinbase shares rise 6% as Grayscale ETF ruling takes effect
Shares of cryptocurrency exchange Coinbase rose about 6% Tuesday as optimism about a long-awaited bitcoin spot exchange-traded fund approval buoyed…
