Sunday, May 25, 2025

Tag: banking

Capital One announces plan to buy Discover

Capital One announced a definitive agreement under which the company will acquire Discover in an all-stock transaction valued at $35.3 billion.

Bank of America pays $250 million to customers and in penalty fees...

CFPB said Bank of America implemented a "double-dipping scheme" to "harvest junk fees" from customers and those actions are "illegal and undermine customer trust."

Why are there fees on everything? 

They hide the true cost when you buy a good or service.

How activists are trying to change the way banking gets done

A public bank would allow the state of New York to keep its money closer to home, and put it to good work.

Standing Rock’s surprising legacy: A push for public banks

A public bank is an institution owned by a governmental body, funded with taxpayer money, and mandated to serve the public interest.

Tenth anniversary of financial collapse, preparing for the next crash

Many of the root causes of the crisis remain today, making another economic downturn or collapse possible.

HSBC will no longer fund fossil fuel industry

HSBC is among other banks, such as BNP Paribas, to take such critical action against climate change.

A bank even a socialist could love

The fight for public banking is gaining ground in cities and states across the country.

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Hundreds dead from hunger in Gaza as Netanyahu vows to empty the strip

As children die from hunger and medicine shortages, global outrage mounts over what critics call a campaign of extermination in Gaza, enabled by U.S. policy and a vision of forced displacement.

The country Trump seems dead set on imitating

The Trump administration has begun offering wealthy foreigners the chance to emigrate to the U.S. if they fork over $5 million for a so-called gold card—an alternative to the “green card.”

Trump’s ‘big beautiful bill’ slashes healthcare and food aid while delivering massive tax cuts...

New CBO analysis confirms steep losses for poorest Americans under GOP-backed plan as Medicaid, SNAP, and public programs are gutted to fund tax cuts for the top 1 percent.

Elon Musk has the blood of 19 Kentuckians on his hands

DOGE cuts are killing Americans.

States can take meaningful climate action, even without federal support: Study

The team also found that there was potential for state efforts to impact pollution in neighboring states.