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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What’s certain about results of the presidential election
While we don't know who the next president will be, some outcomes of the election can be foreseen.
How a 20th-century family planning agenda fueled the climate crisis
Broken child welfare policies have undermined political systems and destroyed the planetary ecosystem.
Netanyahu, Putin, and Trump: The three great threats to world peace and stability; all...
With the election on the horizon, America stands at a crossroads that will determine its fate going into the future.
New nuclear push latches on to climate change as reason for nuclear power
“The dirty secret is that nuclear power makes a substantial contribution to global warming. Nuclear power is actually a chain of highly energy-intense industrial processes.”
UN warns Gaza’s economic recovery could take 350 years under Israeli blockade
The UN warns that, should the blockade remain in place, GDP per capita will continue “to decline continuously and precipitously,” placing Gaza’s future in severe jeopardy.