Banking, finance, and taxes
Banking, finance, and taxes Articles
The U.S. Consumer Financial Protection Bureau and Wells Fargo have signed a consent order that will cost the bank $3.7 billion. It is a good deal for the bank.
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The SEC has charged Sam Bankman-Fried with fraud, the U.S. Attorney for the Southern District of New York has had him arrested by Bahamian police, and he may soon face extradition.
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The head of Goldman Sachs's digital assets business says the bank is exploring more investments, perhaps including an acquisition, in the cryptosphere.
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A recent analysis reveals that Wells Fargo has the worst customer satisfaction among America’s largest banks.
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The federal Consumer Financial Protection Bureau has issued a report on buy now, pay later lending that has only baby teeth.
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The head of the Federal Reserve, Jerome Powell, all but signaled a series of rate hikes in the months ahead to bring down inflation. He also remarked that inflation will not go away soon. Powell’s...
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The large majority of Americans own a credit card. Many own more than one. The paperwork credit card companies send to owners is long and complex. It is hard to imagine all but a small number of card...
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The stock market’s support for Coinbase has disappeared.
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Warren Buffett has not set a date for his retirement. He does not have to.
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Softbank's founder and chief executive officer has wiped out billions of dollars of the company’s market cap on risky bets.
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MicroStrategy is the latest new-age financial firm to implode.
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Mark Zandi of Moody’s made a strange observation recently. America may not be in a recession, but enough people believe it is that economic activity has slowed considerably. There is a good deal of...
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Inflation has started to cripple the U.S. economy. High prices for many things Americans find essential have risen in double digits. At the high end of the increases are daily purchases which include...
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Dump Meta shares. Facebook is in trouble.
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It has been years since the stock market created as much anxiety among investors as it has this year. The S&P 500 started January near record levels. It has fallen 20% since then. The figure for...
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