Wells Fargo Is Asking Customers To "Put Your Money Where Your Heart Is," And This Startup Is Pissed
"Probably the greatest potential for confusion is people wondering what part of 'Put Your Money Where Your Heart Is' applies to Wells Fargo," according to the socially conscious firm Aspiration.
New Rules Make It Harder For Payday Lenders To Put Borrowers In "Debt Trap"
But will the agency director who put out the new rule stick around to see it implemented?
"This Really Stinks, It Really Smells Really Bad": Equifax's Former CEO Faces Day Two Of Hearings
"We've got to change this industry before more people are injured."
“Equifax Deserves To Be Shamed": Former Credit Bureau CEO Faces Bipartisan Criticism
"You’ve accomplished something no one else has been able to accomplish: you’ve brought Democrats and Republicans together in outrage and frustration over what’s happened."
Equifax Says Hack Is 2.5 Million People Bigger Day Before Former CEO Testifies
"There is nothing Mr. Smith can do to stop the Congressional flogging in store for him."
How The Republican Tax Plan Squeezes High-Income Blue Staters
Most people will get a tax cut under the White House plan, while some people will pay more — and they're mostly from a handful of heavily Democratic states.
Square Wants To Be A Bank, And Real Banks Are Pissed
Square — the payment processor behind that cute white cell phone dongle — and the student loan refinancer SoFi want to become banks, and Actual Banks are fighting back.
Puerto Rico's Creditors Face Big Choice: Harden Stance Or Soften?
The island's many creditors are pressing forward with their efforts to get repaid, but — at least in one case — offering some potential financial support.
Departing Equifax CEO Will Get At Least $18.4 Million Pension
Richard Smith stepped down today in the wake of the company's massive security breach -- but it looks like he still will have to testify next week in front of the Senate Banking Committee.
The Fed Stands Pat On Rates
The Federal Reserve opted on Wednesday to leave interest rates unchanged, but borrowers may not be so lucky in December.
Puerto Rico Was Totally Screwed Even Before Hurricane Maria
The island is in a form of bankruptcy, having spent decades taking on more and more debt — and now it will need a lot more money for repairs.
Blue Bottle Coffee Is Being Sold To The Maker Of Purina Cat Chow
Nestlé, the giant Swiss company that owns brands like Alpo, Nescafe and Toll House, is buying a majority stake in the Oakland-based coffee chain favored by hipsters.
Apple Could Become The First Trillion Dollar Company
Wall Street is tantalized by the possibility that Tuesday's big announcement of new iPhones and other wizardry could push Apple's stock market valuation to unseen levels.
The Equifax Hack Was Massive. Here's How To Freeze Your Credit.
Call not just one, but all three credit reporting agencies. Protect your PIN. "At this point it's the prudent course."
Why Is Equifax Keeping Tabs On Me?
Credit reporting agencies don't need your permission to collect your personal information.
Goldman Sachs Interns Have Spoken. Here's What They Had To Say.
The investment bank has been modifying its programs for young employees.
There's More Bad News About ICOs, This Time From China
China — an important market for cryptocurrencies — will no longer permit ICOs.
The Wells Fargo Accounts Scandal Was Worse Than We Thought
Following an expanded review, Wells Fargo said on Thursday it opened 1.4 million more "potentially unauthorized" accounts than was last reported.
Harvey Has Shut Down 16% Of The Country's Gas Refining Capacity. Gas Prices Are Set To Rise.
Gas prices in the Gulf region are expected to jump by at least 10%.
There's A Murky New Way To Raise Money And Regulators Are Not Amused
Startups have raised more than $1 billion from unregulated "initial coin offerings" this year, but the party won't last forever.