Thursday, August 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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Private equity looted Connecticut hospitals, leaving patients and staff in crisis

A new Senate report reveals how private equity firms gutted community hospitals, endangered patients, and left taxpayers and workers to clean up the mess.

Texas Republicans push Trump-backed map to entrench power and silence voters of color

A rare mid-decade gerrymander in Texas, championed by Donald Trump, sparks lawsuits, protests, and warnings of a nationwide redistricting arms race.

When the term ‘genocide’ falls short

It is not enough for national governments to "recognize" a Palestinian state. It is time to compel Israel, via sanctions, diplomacy, and UN enforcement, to stop the killing and any talk of forced relocation.

The ultimate caricature

I suspect that, on returning to this eerie world of ours so many decades later, my mother might find it to be the ultimate caricature—a Trump presidency.

America may have invaded Iraq for its oil, but solar power is what Iraqis...

The vogue for solar is sweeping other areas of Iraq, too, such as Kurdistan, where the Kurdistan Regional Government (KRG) is also increasingly committed to solar.