Latest in Consumer Finance Watchdog Caps Overdraft Fees as Banks Object
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What’s next for banks amid noise around new overdraft-fee cap
Consumer groups applauded the move, but banks said customers could be driven toward more expensive options such as payday loans.MarketWatch - 1h -
Biden administration overdraft rule caps bank and credit union fees at $5
The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.CBS News - 2h -
New Federal Rule Limits Overdraft Fees at Large Banks
It is unclear whether the rule, which could help save Americans billions in fees each year, will remain in place after President-elect Donald J. Trump returns to office.The New York Times - 3h -
CFPB announces rule limiting bank overdraft fees
The CFPB says the rule will save American consumers $5 billion annually.CNBC - 5h -
Consumer Finance Watchdog Caps Overdraft Fees as Banks Object
The CFPB caps fees at $5 per overdraft notice, saying banks have turned added fees into a profit center.Inc. - 5h -
CFPB announces rule limiting bank overdraft fees
The Consumer Financial Protection Bureau on Thursday announced the final version of a rule limiting banks’ ability to charge overdraft fees.NBC News - 4h -
Consumers feeling inflation pinch this holiday shopping season
The Labor Department reported Wednesday that consumer prices rose 2.7% year-over-year in November. The news comes as consumers do their holiday shopping and the Federal Reserve weighs its final ...CBS News - 6h -
Syria’s acting finance minister pushes plan to revive war-torn economy
Riad Abd El Raouf, who served in former regime, says rebels to reopen border crossing and review Russia and Iran dealsFinancial Times - 9h -
Finance Moguls Revel in Trump’s Return and Ignore the Peril
The financial world sees plenty of opportunity in the return of President-elect Donald J. Trump. For now, Wall Streeters are looking past the risks.The New York Times - 21h -
The case for a global defence bank
Transformative solutions are required to overhaul procurement and expand the pool of available capitalFinancial Times - 1d -
Adani drops US financing for strategic Sri Lanka port
Conglomerate pulls out of $500mn loan deal as it wrestles with bribery allegationsFinancial Times - 1d -
South Korean upheaval rattles US plan to counter China
Washington’s attempt to build alliance in east Asia could founder if a left-wing president succeeds Yoon Suk YeolFinancial Times - 1d -
Qatar’s $500bn wealth fund targets bigger deals as LNG windfall looms
New chief says QIA will deploy cash ‘more aggressively’ as it conducts investment review ahead of huge influxFinancial Times - 1d -
Barcelona rush to clear cap space for Dani Olmo
Barcelona are working against the clock to make space within their spending cap to prolong Dani Olmo's registration with LaLiga before it expires on Dec. 31, multiple sources have told ESPN.ESPN - 1d -
Nurseries warn of rising fees ahead of childcare expansion
Bosses in the early years sector say the government's uplift in funding will not cover rising costs.BBC News - 2d -
Reeves says assisted dying unlikely to hit public finances
The Chancellor voted with hundreds of MPs to pass the first stage of Terminally Ill Adults (End of Life) Bill.BBC News - 2d -
Conservatives object as Supreme Court ducks case about high school admissions
The Supreme Court sidestepped a new dispute over race in education by declining to consider whether an admissions program for public high schools in Boston unlawfully considered race.NBC News - 3d -
Consumer watchdog faces daunting future under Trump
The Consumer Financial Protection Bureau (CFPB) is headed for a rocky future under President-elect Trump. The powerful financial watchdog agency is in for a reckoning during a second Trump ...The Hill - 3d -
Scheffler caps big year in Bahamas with 9th win
Scottie Scheffler returned from a two-month break and nothing changed. He won the Hero World Challenge on Sunday with a 9-under 63 to tie the tournament record at Albany Golf Club and win by six ...ESPN - 3d -
Trump's tariffs: A tax on American consumers
President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods from some allies and adversaries, claiming that foreign nations will pay such taxes to the U.S. ...CBS News - 4d -
'Special night': Celts cap season sweep of Bucks
In a game that had a playoff feel, the Celtics made enough plays down the stretch for a 111-105 victory over the Bucks that gave them a 3-0 sweep of the season series.ESPN - 5d -
Comerica Bank abused and neglected customers who relied on prepaid debit cards, watchdog finds
The Consumer Financial Protection Bureau on Friday charged Comerica Bank with abusing and neglecting vulnerable customers who receive federal benefits.NBC News - 6d -
How Consumer Brands Are Preparing for Trump-Proposed Tariffs
Founders will be working overtime this holiday season on reconfiguring their supply chains away from China.Inc. - 6d -
When consumers should buy electric cars
President-elect Donald Trump indicated that once in office, he plans on ending the consumer tax credit for electric vehicle purchases. Business Insider autos senior reporter Nora Naughton joins ...CBS News - 6d -
What are Social Security's trust funds? New debate emerges on program's financing
As Social Security's trust funds run low, one politician is questioning the way the program is financed.CNBC - Dec. 5 -
Etsy Taps Eventbrite Leader as Finance Chief in Flurry of Executive Changes
The e-commerce company named Charles Baker as its next CFO, effective Jan. 1. He succeeds Rachel Glaser, whose retirement was announced in late July.The Wall Street Journal - Dec. 5 -
Colombia finance minister resigns amid corruption probe
Ricardo Bonilla, the second person to hold the post under President Gustavo Petro, will be replaced by his deputyFinancial Times - Dec. 5 -
Manchester United scrap rainbow jackets after Mazraoui cites religious objections
Defender declines to wear jacket supporting LGBTQ+ community on the grounds of his Muslim faith. Manchester United shelved plans to wear pride-themed rainbow jackets supporting the LGBTQ+ community ...The Guardian - Dec. 4 -
Why Rules On Data Scammers and Credit Card Fees May Be the Consumer Financial Protection Bureau’s Swansong
The CFPB is meant to act in the best interest of the American consumer, but powerful corporate opposition and the ire of Elon Musk may mean a dicey future for the agency.Inc. - Dec. 4 -
Lloyds boss warns of UK ‘investability problem’ after motor finance ruling
Sector left reeling after court backs consumer complaints about ‘secret commissions’ on car loansFinancial Times - Dec. 4 -
Welsh tuition fees to rise by nearly £300 a year
The rise is in line with an increase in England and is the second time fees have gone up in a year.BBC News - Dec. 4 -
Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says
Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firmsMarketWatch - Dec. 4 -
Consumer watchdog wants FTC to investigate Oz for influencer marketing violations
A consumer advocacy group wants the Federal Trade Commission (FTC) to open an investigation into whether Dr. Mehmet Oz violated influencer marketing rules by promoting products from a wellness and ...The Hill - Dec. 3 -
At Art Basel Miami Beach, a Dance Performance and Related Objects for Sale
At Art Basel Miami Beach, the Mexican choreographer Diego Vega Solorza explores masculinity in a new work and his gallery sells objects from performances.The New York Times - Dec. 3 -
Top US Consumer Watchdog Has a Plan to Fight Predatory Data Brokers
A new proposal by the Consumer Financial Protection Bureau would use a 54-year-old privacy law to impose new oversight of the data broker industry. But first, the agency must survive Elon Musk.Wired - Dec. 3 -
Consumer watchdog proposes crackdown on personal data sales
The Consumer Financial Protection Bureau (CFPB) on Tuesday rolled out a new proposal aimed at cracking down on data brokers selling Americans' sensitive information. Under the proposed rule, the ...The Hill - Dec. 3 -
Scottish NHS reform 'urgently needed' - watchdog
Audit Scotland says decisions may needed about whether some services can be provided by the NHS.BBC News - Dec. 3 -
England’s environment watchdog told to review risk from lead mines
Government-ordered report comes after FT investigation into impact of toxic metal on human healthFinancial Times - Dec. 2 -
Special counsel objects to dismissing Hunter Biden tax case after pardon
Special counsel David Weiss rejected suggestions that he selectively prosecuted Hunter Biden in court filings where he also objected to dismissing charges following a sweeping pardon. President ...The Hill - Dec. 2
