Sunday, January 19, 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.

POPULAR

Trump Treasury nominee Scott Bessent opposes raising $7.25 minimum wage despite millions living in...

Bessent links wage policies to state decisions while critics warn of deepening inequality.

Exclusive prayer for $100K: Trump’s Inauguration Committee faces criticism over ‘pay-to-pray’ event

Trump’s inauguration committee faces scrutiny for exorbitant ticket prices to interfaith prayer event.

The Santa Ana by Joan Didion

Written by Joan Didion, The Santa Ana ("Los Angeles Notebook"/Slouching Towards Bethlehem) was published in The Saturday Evening Post in 1965.

Survivors of deadly LA wildfires demand accountability for Big Oil’s role in fueling climate...

Victims, scientists, and legal experts unite to hold fossil fuel companies criminally responsible.

Democrats have a massive opportunity as a pure opposition party

If they want to win, Democrats should view themselves not as the minority—but as the opposition.