Cfpb Announces Rule Limiting Bank Overdraft Fees
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UK watchdog tells banks to prepare for redress scheme on car loans
FCA to announce decision on compensation within six weeks of court rulingFinancial Times - 9h -
Here's why banks don't want the CFPB to disappear
For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...NBC News - 1d -
Here's why banks don’t want the CFPB to disappear
The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.CNBC - 1d -
‘Nuclear bomb’ ruling on car finance could spur UK bank deals
Consolidation is back on the agenda for industry as bankers eye more mergers and acquisitionsFinancial Times - 1d -
CFPB official details DOGE ‘chaos’ in overtaking agency
A top official at the Consumer Financial Protection Bureau (CFPB) gave an inside account of the “chaos” and “confusion” that overtook the agency when the Department of Government Efficiency (DOGE) ...The Hill - 23h -
It's 'shoot first and ask questions later' as DOGE tries to dismantle CFPB: Official
At a court hearing Monday, CFPB’s COO Adam Martinez gave a sworn account of the chaos that has consumed the federal agency meant to stop unfair corporate practices.ABC News - 4h -
The anywhere-but-America trade has been working. But there are limits.
Investors have been rewarded for investing outside the United States — but real headwinds are emerging that could limit the successful trade.MarketWatch - 3h -
Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - 1d -
Success Has No Age Limit
10 entrepreneurs who made it big later in lifeInc. - 22h -
Russia imposes fees to stem flood of low-cost Chinese cars
Moscow hardens stance as vehicle imports targeted by western sanctions overwhelm local marketFinancial Times - 1d -
Marco Rubio announces 83% of USAID programs terminated
Secretary of State Marco Rubio on Monday announced the cancellation of 83% of USAID programs. Rubio said the remaining programs will be run under the State Department and thanked Elon Musk's ...CBS News - 20h -
Trump considers easing safety screenings for chemicals
The Trump administration will consider easing regulations under which it considers the safety of existing chemicals — drawing concerns from public health advocates. The administration announced ...The Hill - 21h -
Trump announces more tariffs on Canada's steel, aluminum as stocks continue stumbling
President Trump announced more tariffs on Canada's steel and aluminum after Ontario announced a tax on electricity for the U.S. CBS Moneywatch correspondent Kelly O'Grady reports and CBS News' Fin ...CBS News - 2h -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - 2d -
Trump’s Shipbuilding Plan Could Cause Turmoil for Ocean Cargo Industry
The administration seeks to finance American shipbuilding through steep port fees.Inc. - 3d -
21 House Republicans ask leadership to limit changes to energy tax credits in reconciliation
A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as the GOP seeks to overhaul the U.S. tax code. In a new letter dated ...The Hill - 1d -
New Proofs Expand the Limits of What Cannot Be Known
By proving a broader version of Hilbert’s famous 10th problem, two groups of mathematicians have expanded the realm of mathematical unknowability.Wired - 2d -
Iran Signals Openness to Limited Nuclear Talks With U.S.
Iran’s U.N. mission said it would be willing to discuss its nuclear program if talks were restricted to military concerns, after its supreme leader appeared to reject President Trump’s offer to ...The New York Times - 23h -
Buying a Home? Without the CFPB, You Need to Be Your Own Watchdog.
The C.F.P.B. had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, starting with shopping for the best mortgage rates.The New York Times - 4d -
Olivia Culpo announces she's expecting a baby with husband Christian McCaffrey
Olivia Culpo is expecting a baby with Christian McCaffrey, she announced Monday. The model-actor-influencer and the NFL running back got married last summer.Los Angeles Times - 1d -
Child deaths surge amid ‘Gazafication’ of West Bank, report says
Palestinians facing mass displacements, airstrikes and rise in attacks on children and other civilians, rights group says. Israel has brought the military tactics of its war in Gaza to the occupied ...The Guardian - 1d -
USDA halts more than $1B in funding for local food banks, schools
The U.S. Department of Agriculture (USDA) says it has nixed more than $1 billion in funding for local food banks and schools by terminating two programs that aid state, tribal and territorial ...The Hill - 3h -
House Rules Committee advances GOP’s stopgap ahead of shutdown deadline
The House Rules Committee voted Monday night to advance the GOP's bill to avert a government shutdown, dispatching the measure to the full chamber for consideration ahead of Friday's deadline. The ...The Hill - 17h -
China’s Geely sells Saxo Bank stake to Swiss private bank
Eight-year joint venture was a bet on Chinese capital markets opening up to the westFinancial Times - 1d -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - 1h -
Ramadan in the West Bank: Displacement and Despair
An Israeli military operation has uprooted tens of thousands of Palestinians who can’t break their fast in their own homes and don’t know when, or if, they will ever return.The New York Times - 2h -
Noem announces new ICE acting chief after predecessor reassigned
Homeland Security (DHS) Secretary Kristi Noem announced a new acting chief of Immigration and Customs Enforcement (ICE) on Monday, just weeks after the agency's previous director was reassigned. ...The Hill - 1d -
Nasa announces shuttering of two departments and office of chief scientist
Office of technology, policy and strategy and one covering DEI initiatives were eliminated in line with ‘efficiency’ cuts. Nasa announced on Monday it had eliminated the office of its chief ...The Guardian - 23h -
Former Orange County Rep. Katie Porter announces run for California governor
Former Orange County Rep. Katie Porter made the announcement Tuesday morning, joining a long list of other Democrats hoping to fill Gov. Gavin Newsom's seat next year.CBS News - 4h -
Southwest Airlines as we know it is over. Here's what's changing, from bag fees to basic economy
Southwest will start charging customers to check bags, launch basic economy tickets in a bid to drive up revenue.CNBC - 2h -
Markets open down again, Trump announces more tariffs against Canada
Traders on Wall Street hoping to rally back after Monday's major selloff are starting Tuesday with another dip. Meanwhile, President Trump has announced additional tariffs for Canada. CBS News' ...CBS News - 5h -
The Biggest US Banks Have All Backed Out of a Commitment to Reach Net Zero
In the lead up to the inauguration, the six largest US banks left a voluntary alliance with the UN to reach net zero by 2050. Now, critics are calling for new climate laws.Wired - 3d -
Stirtz, Banks lead Drake past Bradley 63-48 for third straight Missouri Valley championship
Bennett Stirtz scored 24 points, Tavion Banks added 13 and top-seeded Drake defeated No. 2-seed Bradley 63-48 to win Arch Madness for the third consecutive timeABC News - 1d -
Packers, OL Aaron Banks agree to 4-year, $77 million deal: Report
Jordan Love is getting another solid guard this fall. The Packers struck a four-year, $77 million deal to land 49ers offensive lineman Aaron Banks, according to the NFL Network.Yahoo Sports - 19h -
Trump doesn't rule out recession as trade war stirs uncertainty
As President Donald Trump doubles down on his escalating trade war against some of the country’s biggest economic partners, he is declining to rule out a recession as economic uncertainty grows. ...NBC News - 1d -
Markets plummet after Trump doesn't rule out recession
Markets plummeted Monday as investors expressed fear of an economic slowdown. In an interview that aired Sunday, President Trump was asked point blank if he's expecting a recession this year, and ...CBS News - 19h -
DOGE likely subject to open records law, judge rules
The Department of Government Efficiency (DOGE) is likely covered under the Freedom of Information Act (FOIA), a federal judge ruled late Monday, rejecting the Trump administration’s position that ...The Hill - 18h -
Myanmar's military leader announces dates for general election
State-run media in Myanmar say the head of the military government has declared the country will hold a general election within 10 monthsABC News - 3d -
One of Wall Street’s biggest bulls now says a flash crash can’t be ruled out
Ed Yardeni says a bear market for stocks may already be underway, and a “flash crash” can’t be ruled out.MarketWatch - 1d -
Trump to sign executive order limiting Public Service Loan Forgiveness program
President Donald Trump is expected to sign an executive order excluding certain student loan borrowers from the Public Service Loan Forgiveness program.CNBC - 3d