Sunday, May 11, 2025

Tag: banks

Consumer Financial Protection Bureau cracks down on credit card late fees

The rule was passed in an effort to save 45 million people an average of $220 or more than $10 billion a year.

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."

World’s biggest banks poured $673 billion into fossil fuels last year

“This is one of the most insane misallocations of capital in human history.”

David Barsamian and Noam Chomsky | Savage capitalism

From climate change to bank failures to war.

What connects Trump’s likely arrest with the bank bailouts?

Let's start with multi-billionaire Peter Thiel, and follow the money.

US mega-banks behind 1/3 of climate-destroying oil and gas expansion: Report

"Global banks' top fossil fuel clients amount to a rogues' gallery of bad actors."

Wells Fargo announces commitment to join Net-Zero Banking Alliance and reach...

"Achieving net-zero emissions by 2050 means stopping financing for the expansion of fossil fuels now."

UK banks defend climate record despite billions lent to fossil fuel...

DeSmog research has found that over 86 percent (13 out of 15) of HSBC’s board of directors have current or past ties to polluting companies and industries.

Bankers eager to continue funding oil and gas

Comments from a recent energy industry conference reveal major financiers of fossil fuels view environmental and social investing concerns as a trend to “inoculate” against.

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The real evil empire may surprise you

Serving in (or thinking about) the U.S. military for 40 years.

One in ten Americans lives in a sinking city, new study finds

Groundbreaking research from Columbia University reveals that land beneath America’s largest cities is sinking—mostly due to groundwater extraction—posing a hidden but growing threat to infrastructure, flood safety, and climate resilience.

Seven dead in ICE custody in Trump’s first 100 days as detainee population swells

At least seven migrants have died in ICE custody since January, as the Trump administration expands detention and dismantles oversight across a system plagued by abuse, neglect, and inhumane conditions.

Texas voters reject far right school boards in sweeping backlash to book bans

Dozens of candidates who backed book censorship policies lost their seats in school board elections across Texas, signaling public fatigue with partisan attacks on students, educators, and libraries.

Millions would lose Medicaid under GOP cuts, says new CBO report

A nonpartisan analysis shows Republican efforts to slash Medicaid by $880 billion would strip healthcare from millions of low-income Americans in order to fund tax cuts for the wealthy.