Thursday, July 25, 2024

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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Trump attempting to recalibrate campaign after Harris becomes Democratic nominee

With Vice President Kamala Harris now the presumptive Democratic nominee, Trump and his campaign face new challenges in the race to the 2024 election.

Mass arrests at Jewish-led protest in US House Building ahead of Netanyahu speech

Hundreds, including rabbis, detained while protesting U.S. support for Israel’s Gaza offensive and Netanyahu’s upcoming address to Congress.

Sanders urges Harris to champion working-class agenda amid 2024 campaign

As labor unions and advocacy groups rally around Vice President Harris, Senator Sanders emphasizes the need for a strong working-class focus in her 2024 campaign.

What’s worse than a devouring, criminal president? A deified, raging outlaw excited by violence

Trumpism is not a slippery slope but a mountain avalanche on steroids.

Biden-Harris administration’s bold plan to phase out single-use plastics across federal agencies

The Biden-Harris administration has announced significant commitments to eliminate single-use plastics from federal operations by 2035, with interim goals set for 2027, marking a crucial step in tackling the plastic pollution crisis.