Latest in CFPB Drops Lawsuit Against Banks Over Zelle Scams
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Electric Shocks and Tied Crucifixion-Style: The Life of a Scam-Mill Worker
Tens of thousands of people from dozens of nations have been trafficked to cyberfraud hubs in Myanmar, where they must con victims or endure brutal punishment.The New York Times - 6d -
84 Indonesians taken out of scam centers in Myanmar are set to go home
Eighty-four Indonesians freed rom scam centers in Myanmar arrived at the Thai border city of Mae Sot earlier on Thursday, part of an ongoing large scale repatriation effort following a crackdown by ...ABC News - 6d -
Democratic senator presses Trump CFPB nominee: 'Who's really going to be in charge?'
Sen. Tina Smith (D-Minn.) pressed President Trump’s nominee to lead the Consumer Financial Protection Bureau (CFPB) over who will be making key decisions at the agency Thursday, after it dismissed ...The Hill - 6d -
Senators grill Trump’s CFPB director pick: You are 'on the Titanic, good luck’
Since acting CFPB Director Russell Vought took over, the agency closed its Washington HQ, fired staff and told those who remain to stop nearly all work.CNBC - 6d -
CFPB employees say Trump administration plans to 'wind down' agency
Several employees at the Consumer Financial Protection Bureau (CFPB) said in a series of court filings Thursday that the Trump administration plans to “wind down” the agency, appearing to directly ...The Hill - 5d -
$21M stolen from hundreds of U.S. retirees in 'grandparent scam,' prosecutors say
Twenty-five Canadian suspects are charged with bilking American elders of $21 million as part of a "grandparent scam," according to a federal indictment unsealed Tuesday.NBC News - 22h -
US moves to dismiss SpaceX discrimination lawsuit
Elon Musk has objected to allegations that rocket maker unlawfully discriminated against asylum seekers and refugeesFinancial Times - Feb. 21 -
Delta faces first lawsuit in Toronto plane crash
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first lawsuit in ...CBS News - Feb. 21 -
Trump and Paramount Seek Mediator for CBS News Lawsuit
The move is another indicator that the two sides are exploring ways to resolve the case, over the editing of a “60 Minutes” interview, out of court.The New York Times - Feb. 25 -
LeBron, Bronny deny claims in car-crash lawsuit
Attorneys representing LeBron and Bronny James have denied "each and every allegation" made by two people who said they suffered undisclosed injuries and damage to their vehicle after the current ...ESPN - Feb. 26 -
Gupta’s InfraBuild hit with lawsuit alleging debt default
FitzWalter Capital takes aim at key remaining asset in teetering metals empireFinancial Times - Feb. 26 -
The SEC Is Abandoning Its Biggest Crypto Lawsuits
Regulators at the US Securities and Exchange Commission have called a sudden truce with the cryptocurrency industry, bringing an end to years of legal conflict.Wired - 5d -
Can UK banks stay the course on their climate pledges?
Lenders warn that slow government action may force a rethinkFinancial Times - Feb. 24 -
Bank accounts for $20B climate program frozen
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Bank accounts for $20B climate program frozen The bank accounts of nonprofits administering a $20 ...The Hill - Feb. 24 -
The World Bank Pivoted to Climate. That Now May Be a Problem.
The Trump administration’s deep cuts to clean-energy programs are raising concerns about U.S. commitments to the lender.The New York Times - Feb. 25 -
UK banks risk an outbreak of boardroom exuberance
Three cheers for a steady 2024 but this is no time for complacencyFinancial Times - 6d -
HMRC to ditch Barclays as government’s bank in favour of Lloyds
UK tax authority to retain NatWest and Citigroup but drop Barclays from £334mn contractFinancial Times - 3d -
Tens of thousands could be held in illegal scam compounds in Myanmar, Thai police general says
Head of anti-trafficking agency says dozens of Chinese criminal gangs were running the centres. Tens of thousands of people could be living inside illegal scam compounds in Myanmar that have ...The Guardian - Feb. 21 -
Beatings, torture and electric shocks: freed scam compound workers allege horrific abuse
Lured by the promise of well-paying jobs in Southeast Asia, thousands instead allegedly end up enslaved in jail-like compounds and forced to carry out online scams. “The Chinese would shock me with ...The Guardian - Feb. 25 -
Democrat senators question what Elon Musk plans to do with sensitive CFPB data
Lawmakers questioned whether Elon Musk was conflicted in his moves to dismantle the CFPB, highlighting his recent plan to launch a digital payments service.CNBC - Feb. 25 -
'I need help': Thousands stranded after release from Myanmar scam centres
The camps are unsanitary, food barely sufficient, and many of those being held are in poor health.BBC News - Feb. 26 -
Watch live: McKernan, Trump's pick to lead CFPB, faces Senate confirmation hearing
Jonathan McKernan, President Trump's pick to lead the embattled Consumer Financial Protection Bureau (CFPB) is set to testify Thursday morning before the Senate Committee on Banking, Housing and ...The Hill - 6d -
Trump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency, employees say
Employees testified that CFPB leaders and Elon Musk's DOGE want to wind down the agency to five employees, the minimum required under law.CNBC - 5d -
'Reverse Robin Hood scam' or windfall for middle class? Lawmakers debate Trump tax plan extensions
Democrats and Republicans are making competing claims about how extending tax cuts from Trump's first term would benefit the rich and poor.CNBC - 2d -
Judge keeps pause on mass firings at CFPB as she considers Trump's attempt to shut agency
A federal judge Monday kept in place an order prohibiting mass firings at the Consumer Financial Protection Bureau while she sorts through conflicting claims about whether the Trump administration ...NBC News - 2d -
Tesla starts 2025 with sharp drop in sales in Europe
Sales down 45% in January for EV maker led by Elon MuskFinancial Times - Feb. 25 -
Bitcoin drops under $90,000, hitting November lows
Bitcoin and other cryptocurrencies were under fresh pressure on Tuesday,MarketWatch - Feb. 25 -
Consumer confidence plummets in largest drop since 2021
A gauge of consumer confidence registered its largest monthly drop since 2021.ABC News - Feb. 25 -
New consumer confidence index data drops sharply
New data from the consumer confidence index shows a concerning drop in economic outlook among Americans. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Feb. 25 -
Bitcoin drops to lowest price in 3 months
Bitcoin has dropped to its lowest price in three months as the Trump administration embraces cryptocurrency. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Feb. 25 -
Sharp drop in illegal crossings at U.S. southern border
Apprehensions of migrants attempting to enter the U.S. illegally at the southern border are plummeting. CBS News immigration and politics reporter Camilo Montoya-Galvez has the details from Sunland ...CBS News - Feb. 25 -
Consumer confidence has biggest drop since 2021
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years. Kelly O'Grady explains.CBS News - Feb. 25 -
'Punched in mouth' early, Cavs rally to drop Celts
Donovan Mitchell had 41 points and five assists in 35 minutes in a 123-116 Cavaliers victory.ESPN - 4d -
Oscars Draw 18 Million Viewers, an 8% Drop
The show was broadcast on ABC, as it has been for decades, but also streamed live on Hulu, where there were glitches.The New York Times - 2d -
UK competition watchdog drops Microsoft-OpenAI probe
Digital rights campaigners say it shows the regulator has given into Big Tech and been "defanged."BBC News - 9h -
What's behind steep drop in illegal border crossings
Vice President JD Vance, Defense Secretary Pete Hegseth and Director of National Intelligence Tulsi Gabbard made a day trip to the border town of Eagle Pass, Texas, to highlight the Trump ...CBS News - 2h -
Supreme Court unanimously sides with Hungary in Holocaust survivors’ lawsuit
The Supreme Court unanimously sided with Hungary on Friday by rejecting a group of Holocaust survivors’ legal theory that sought to haul the country into American courts to pay compensation. The ...The Hill - Feb. 21 -
Texas AG adds gender screening request to NCAA lawsuit
Texas Attorney General Ken Paxton asked a judge on Thursday to require the NCAA to start gender testing for athletes who compete in women’s sports. The request for a temporary injunction adds a ...The Hill - Feb. 21 -
Multiple lawsuits challenging DOGE's efforts to cut federal government's size
The Trump administration is facing over 80 lawsuits that are making their way through the legal system. CBS News Department of Justice reporter Jake Rosen breaks down the latest developments.CBS News - Feb. 21