Biden Administration Sues 3 Big Banks over Zelle Fraud
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US banking lobby sues Fed over stress test framework
Announcement comes a day after central bank unveiled proposed changes to annual examinationsFinancial Times - 2h -
Federal Reserve proposes more transparency in bank stress tests, but banks still sue
Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve’s bank stress tests imposed after the 2008 global ...MarketWatch - 2h -
Here's why business leaders are spending big on Trump's inaugural committee
Donations to President-elect Donald Trump's inaugural committee offer a "unique opportunity" to curry favor with the White House, experts told CNBC.CNBC - 2h -
Biggest banks sue the Federal Reserve over annual stress tests
A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests, saying the current process falls short.CNBC - 3h -
Hawaii’s Kilauea Volcano Erupts on Big Island
Scientists said that the main hazard from the eruption on Monday was increased levels of volcanic gas.The New York Times - 3h -
Netflix carrying 2 NFL games on Christmas Day. It's a big step.
Netflix will have one of its biggest days Wednesday since the site launched in 1998 when it airs two NFL games for the first time.CBS News - 5h -
Southern Africa elections brought big changes in 2024
Old liberation movements in Southern Africa suffered serious electoral declines this year as millions of people made their voices heard in electionsABC News - 10h -
'Self-doubt, errors & big changes' - inside the crisis at Man City
As Pep Guardiola and Manchester City's current crisis continues, Spanish football expert Guillem Balague takes a look at their issues - and potential solutions.BBC News - 11h -
WATCH: Kilauea volcano erupts on Hawaii’s Big Island
Scientists are monitoring air quality after Hawaii's Kilauea volcano erupted early Monday, sending plumes of smoke and lava into the sky.ABC News - 15h -
CFPB Sues Rocket Homes Over Alleged Kickbacks
The lawsuit alleged that the real-estate company provided incentives to brokers and agents to steer home buyers to its parent company’s mortgage-lending wing, Rocket Mortgage.The Wall Street Journal - 20h -
Biden administration withdraws student loan forgiveness plans. What borrowers should know
The Biden administration has withdrawn its two major plans to deliver student loan forgiveness to millions of Americans. Here's what borrowers should know.CNBC - 22h -
U.S. sues Walmart, Branch Messenger over payment accounts for delivery drivers
The CFPB filed a complaint Monday against Walmart and Branch Messenger for allegedly forcing delivery drivers to use costly deposit accounts to get paid.CNBC - 23h -
CFPB Sues Walmart for Pay Practices for 'Last-Mile' Drivers
The lawsuit alleges that Walmart deposited drivers’ pay into accounts with payment platform Branch Messenger without the drivers’ consent.The Wall Street Journal - 23h -
Sabrina Ionescu is joining Unrivaled as the new 3-on-3 league's final player
Sabrina Ionescu is joining Unrivaled as the new league’s final player for this seasonABC News - 23h -
How Google Maps Makes It Harder for Palestinians to Navigate the West Bank
One user told WIRED that Google Maps directed them to “drive right into a wall that’s been up since 2003.”Wired - 1d -
Texas sues NCAA in latest push to block transgender athletes in women's sports
Texas Attorney General Ken Paxton has sued the NCAA to block the participation of transgender athletes in women’s sports, arguing that it tricks and misleads fansABC News - 1d -
How will history remember Biden's presidency?
What will Joe Biden's legacy be as president?ABC News - 1d -
After Years of Going Big, American Car Buyers Are Downsizing
Sales of smaller cars and SUVs have been on the rise this year with more shoppers giving priority to affordability.The Wall Street Journal - 1d -
Both sides of Amazon scored big wins this year that should carry over into 2025
A fast-growing advertising business was the icing on the cake in 2024.CNBC - 2h -
Justin Baldoni’s Ex-Publicist Sues Over Alleged Blake Lively Smear Campaign
An ousted P.R. executive alleges a conspiracy to harm her and steal her clients, in connection with an effort to tarnish Blake Lively.The New York Times - 2h -
Biden administration withdraws birth control rules
The Biden administration is withdrawing a set of proposed rules aimed at expanding access to contraception that would have made it more difficult for employer-sponsored health plans and insurers to ...The Hill - 5h -
RMDs are due in a week. There are valid reasons to procrastinate — but they pose big risks.
Haven’t taken your RMD for 2024 yet? The deadline is Dec. 31.MarketWatch - 8h -
Southern Africa elections brought big changes in 2024
Yahoo News - 13h -
California wharf collapse sends 3 people into the ocean
Three people dropped into the ocean Monday when a California wharf partially collapsed.NBC News - 18h -
Texas AG sues NCAA over transgender athletes
Texas has sued the NCAA to stop transgender athletes from competing in women's sports across the state or in sports that involve Texas programs.ESPN - 19h -
Fed says it is weighing changes to bank tests for systemic risk
Overhaul could alter the models for hypothetical losses, averaging results over two years to cut results’ volatilityFinancial Times - 19h -
Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access
The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts to receive their pay.NBC News - 20h -
Biden administration withdraws student loan forgiveness plans. What borrowers should know
The Biden administration has withdrawn two major plans to deliver student loan forgiveness.NBC News - 20h -
EPA Administrator Michael Regan to depart at year’s end
Environmental Protection Agency (EPA) Administrator Michael Regan will leave the Biden administration at the end of this year — about a month before the presidency changes hands. While Regan could ...The Hill - 20h -
Sabrina Ionescu is joining Unrivaled as the upstart 3-on-3 league’s final player
Liberty star joins 3-on-3 league due to start in January Ionescu helped New York to first WNBA title in October Sabrina Ionescu is joining Unrivaled as the new 3-on-3 league’s final player for ...The Guardian - 21h -
Texas attorney general sues NCAA over transgender athletes competing in women's sports
Texas Attorney General Ken Paxton is suing the NCAA, accusing the association of misleading fans by allowing transgender athletes to participate in women’s events.NBC News - 21h -
Kilauea on Hawaii’s Big Island, one of world’s most active volcanoes, erupts
Eruption was confined to volcano’s summit caldera, with torrents of red-hot lava and cloud-line plumes of gas visible. Red torrents of lava and billows of volcanic gas began erupting from Kilauea ...The Guardian - 21h -
Sabrina Ionescu fills Unrivaled's final roster spot: Liberty star signs 'historic' contract with 3-on-3 league
Ionescu is fresh off a WNBA championship with the LibertyCBS Sports - 22h -
Why Biden didn't commute 3 federal death row sentences
President Biden commuted the sentences for 37 of the 40 federal inmates on death row. CBS News senior White House and political correspondent Ed O'Keefe breaks down why the president opted not to ...CBS News - 23h -
Texas AG Paxton sues NCAA for allowing transgender women to compete
Texas Attorney General Ken Paxton (R) sued the NCAA on Sunday, accusing the organization of engaging in “false, deceptive, and misleading practices” by allowing transgender women to participate in ...The Hill - 23h -
Trump’s pick to lead Federal Railroad Administration a positive for railroad stocks: analyst
David Fink, the former president of Pan Am Railways, is “carrier friendly,” according to TD Cowen.MarketWatch - 23h -
Liberty's Ionescu joins Unrivaled 3-on-3 league
WNBA star Sabrina Ionescu has signed a deal with Unrivaled that "puts her in a category of her own" among those playing in the 3-on-3 league, sources told ESPN.ESPN - 23h -
"Sonic the Hedgehog 3" wins box office battle over the weekend
"Sonic the Hedgehog 3" took down the competition at the box office over the weekend. Erik Davis, the managing editor of Fandango, discusses the movie and other hits to see this holiday season.CBS News - 1d -
Who are the 3 federal death row inmates whose sentences Biden didn't commute?
President Biden left in place the capital punishment sentences of just three federal inmates: Robert Bowers, Dzhokar Tsarnaev and Dylann Roof.CBS News - 1d -
These 3 federal death row inmates were not on Biden's commutation list
President Biden gave commutations of sentences to 37 people on federal death row Monday. Those who received the Monday commutations of their sentences saw them go from execution to life with no ...The Hill - 1d