Thursday, April 17, 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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It’s time for ‘unified groups’ to declare war against Trump’s unscrupulous retribution schemes

They must use all the innovative techniques that they have to take down Trump before he turns them into his slaves, and America into a fascist state.

Democrats push to ban congressional stock trading amid tariff-triggered market scandal

Lawmakers intensify calls to outlaw stock trades by members of Congress following Trump’s tariff reversal and suspicious GOP investments.

An Indian drugmaker, investigated by ProPublica last year, has recalled two dozen medications sold...

FDA inspectors found serious problems at a Glenmark factory in India that manufactured the recalled drugs.

Trump may be blowing the economy up on purpose

Working-class Americans should view a purposefully engineered recession as blatant aggression by the ownership class.

New study finds CT scans to account for 5 percent of cancer diagnoses

While some experts caution against CT scans, many believe the modeling used in this study left much uncertainty.