Personal loans increasingly used by financially vulnerable consumers, J.D. Power report says – here’s why
A report from J.D. Power said financially vulnerable consumers are increasingly leaning on personal loans to help them pay down debt.
West Virginia treasurer rips top banks for blacklisting fossil fuels: 'This is what powers the country'
West Virginia Treasurer Riley Moore detailed the attack on fossil fuels in his state on Fox News Channel's 'Fox & Friends,' Monday, explaining his pushback against top banks.
ECB raises rates by half-percentage point in first hike since 2011
European Central Bank raised interest rates by half a percent which exceeded expectations and devised a plan to purchase debt of Europe's most vulnerable economies.
Republicans introduce bill forcing Biden admin to stop cramming 'woke agenda' upon community banks
A group of House Republicans introduced legislation Wednesday that they said would fight back against President Biden's latest attempts to push his "woke agenda" upon small businesses.
Bank of America posts revenue beat despite quarterly earnings miss
Bank of America's second quarter profit fell to $6.2 billion, or 73 cents per diluted share, compared to $9.2 billion, or $1.03 per share, during the same period a year ago.
Goldman profit halves but beats estimates as fixed-income trading shines
Revenue at the global markets unit, which houses Goldman's trading desks, jumped 32% to $6.47 billion, with fixed income, commodities and trading revenue surging 55% and equities revenue adding 11%.
Alabama lawsuit accuses Regions Bank, trustees of mismanaging trust founded by late secretary of state
Regions Financial has been accused in a lawsuit of allegedly overcharging fees and mismanaging a trust.
Stock futures gain ahead of bank earnings, retail sales
Traders are bracing for another round of earnings reports Friday morning including the latest results from Citigroup and Wells Fargo.
Friday's trading: 5 things to know
Traders will be concentrating on even more bank earnings on Friday including results from Citigroup and Wells Fargo.
Bank of America slapped with $225 million fine by federal regulators
Bank of America is being fined $225 million by federal regulators for how they handled a jobless benefits program during the COVID-19 pandemic.
BNPL inclusion in credit reports causes growing consumer concerns, survey claims
Consumers are growing increasingly concerned about their buy now, pay later payments being put on their credit reports.
Stock futures trade lower ahead of bank earnings
Traders are bracing for the start of earnings season from the big banks with results scheduled Thursday from JPMorgan Chase and Morgan Stanley.
Thursday's trading: 5 things to know
Thursday's trading could be impacted by earnings reports from JPMorgan Chase and Morgan Stanley, the producer price index for June, weekly jobless claims and more.
Wednesday's Trading: 5 things to know
Wednesday's trading session could be impacted by a series of events taking place, the most anticipated being the consumer price report.
Buy now, pay later transactions reach $120B in 2021: report
Buy now, pay later transactions are rising, and are projected to reach significantly higher levels in the years to come, according to a report from GlobalData. But experts worry about the industry's regulations.
Buy now, pay later is problematic for small businesses, expert says
Buy now, pay later is becoming increasingly popular but it may not benefit small businesses, according to one expert.
Consumer finance bureau ‘out of control’ under Biden's director, critics say
CFPB Director Rohit Chopra is aggressively pursuing economic changes, and many pro-business groups and politicians are sounding the alarm about what they consider a "lawless" agency
Apple’s consumer data provides 'competitive edge' for BNPL, expert says
Apple recently entered the buy now, pay later space and one expert said its storage of consumer data will give it a "competitive edge."
US officials unable to measure 'hiring freeze' impact, but confident current openings can limit damage
The end of the pandemic-era tech boom and proliferation of historic inflation have forced the world's biggest companies to think hard about their next moves.
Apple Pay Later could raise concerns over BNPL regulation, expert says
Apple Pay Later is launching in September, but Big Tech's acceptance of buy now, pay later (BNPL) could raise concerns over regulations in the industry.


















