Thursday, April 25, 2024

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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How Summer Lee’s landslide victory defies billionaire influence in politics

In a resounding rejection of billionaire-funded opposition, U.S. Rep. Summer Lee secures a primary win, highlighting a growing resistance against corporate and dark money in American politics.

Global military spending hits record $2.4 trillion amidst rising conflicts

As conflicts in Ukraine and Gaza intensify, world powers led by the US ramp up military expenditures, sparking debate over global security priorities and economic consequences.

10 times as much of this toxic pesticide could end up on your tomatoes...

Did the chemical industry helped fashion EPA’s testing strategy?

Shock and awe at UT Austin as state troopers in riot gear quash student...

An aggressive show of force by Texas state troopers raises questions about the right to peaceful assembly, as students at the University of Texas at Austin face riot gear and arrests during a Gaza solidarity protest.

Electric vehicles sales remain strong globally new report from IEA confirms

The IEA said that electric vehicle sales will reach 17 million in 2024, which is up from 14 million in 2023, according to its new Global EV Outlook 2024.