Wednesday, May 21, 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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73% of Israelis want the Gaza genocide to end. Netanyahu says, ‘NO, full speed...

Israel did not enter this Land of Palestine to work with the Palestinians to create a two-state solution, as they were expected to do, but rather, they waged war to take over the entire country and its people.

Controversial ‘nonprofit killer’ clause quietly removed from GOP megabill—but advocates warn it could return

A sweeping provision to strip nonprofits of tax-exempt status without due process is no longer in the latest House GOP budget bill, but civil liberties groups say the threat to free speech and advocacy is far from over.

GOP budget plan threatens 34 million children with loss of food and healthcare

New report reveals nearly half of U.S. children could lose access to Medicaid or SNAP under Republican-backed budget reconciliation plan, disproportionately harming marginalized families.

2 million in Gaza face starvation as global call mounts for diplomatic aid convoy...

With famine intensifying under a full Israeli aid blockade, over 750 civil society groups call for governments to escort life-saving supplies into Gaza through Rafah in a diplomatic humanitarian mission.

Trump is trying to reverse the New Deal

The class politics of Trump carry forward the actions of his predecessors across the last century.