Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says
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CFPB sues Capital One for 'cheating' customers out of over $2 billion in interest
The Consumer Financial Protection Bureau announced it was suing Capital One for "cheating" customers out of more than $2 billion in interest.CNBC - 12h -
Nick Suzuki scores in overtime to lift the Canadiens past the Capitals, 3-2
Nick Suzuki scored at 1:15 of overtime to give the surging Montreal Canadiens a 3-2 victory over the Washington Capitals on Friday nightABC News - 4d -
US regulator plans to toughen customer protection on crypto accounts
CFPB proposes to put digital wallets under same standard as bank accountsFinancial Times - 4d -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - 6d -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - 6d -
Bench’s Jilted Customers Say the Accounting Startup’s Problems Began Long Before Its Abrupt Shutdown
The tax startup’s recent collapse and subsequent acquisition by Employer.com has left customers unsure about where to turn.Inc. - 6d -
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.CNBC - Jan. 7 -
MicroStrategy’s latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin
The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.MarketWatch - Jan. 6 -
Explosive device kills 2 at a school in Nigeria's capital city, police say
Yahoo News - Jan. 6
More from MarketWatch
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SEC lawsuit against Elon Musk is a big political test for Trump administration
Trump appointee Paul Atkins is set to face a major minefield upon taking over leadership of the SEC, given Musk’s close ties to the incoming president.MarketWatch - 2h -
This is Nvidia’s secret weapon and it’s likely to propel the stock in 2025
Strength in data center GPUs, networking, services, and emerging products fortify Nvidia’s competitive ‘moat.’MarketWatch - 3h -
Companies are expected to post their best earnings growth in 3 years. The biggest gains won’t come from Big Tech.
Financials should be the biggest profit gainers this earnings season — but as Trump returns, trends could be “much more volatile than Trump 1.0,” analyst says.MarketWatch - 3h -
‘I’ve never been happier’: I married a wonderful lady from Ukraine. I have two successful kids. Do I put my wife on the deed to my home?
“We are now looking to downsize and move to another home and I’m wondering if we should put the new property in joint names.”MarketWatch - 4h -
‘How can you fit your life in a car?’ After Pacific Palisades fire, Malibu business owners face a grim new reality
When your neighborhood is destroyed by fire, what do you take with you? And how do you face the future?MarketWatch - 4h
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South Korea's President Yoon Suk Yeol arrested as agencies probe his short-lived martial law decree
This was the second bid to arrest the impeached president, following a failed attempt on Jan. 3.CNBC - 47m -
New Zealand won't 'get rich' by focusing trade in the South Pacific alone, PM says
New Zealand is the latest country to sign an economic partnership with the United Arab Emirates.CNBC - 1h -
South Korea’s President Yoon arrested after stand-off with police
Predawn raid on impeached leader’s compound marks latest twist in political crisis over failed martial law bidFinancial Times - 2h -
SEC lawsuit against Elon Musk is a big political test for Trump administration
Trump appointee Paul Atkins is set to face a major minefield upon taking over leadership of the SEC, given Musk’s close ties to the incoming president.MarketWatch - 2h -
Cookies, Cocktails and Mushrooms on the Menu as Supreme Court Hears Bank Fraud Case
In trying to find the line between false statements and misleading ones in the case of a Chicago politician, members of the Supreme Court posed colorful questions.The New York Times - 2h