CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud
Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled "The Consumer ...
Tag: business news
Bitcoin falls 5% in volatile trade around $96,000 as sell-off intensifies
Omer Taha Cetin | Anadolu | Getty ImagesBitcoin fell sharply on Friday amid broader investor caution toward risk assets.Bitcoin dipped ...
The Fed sees only two rate cuts in 2025, fewer than previously projected
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market ...
Databricks announces $10 billion financing at $62 billion valuation
Databricks, one of the most valuable privately held companies, announced a $10 billion financing on Tuesday that values the software ...
Nike CEO Elliott Hill outlines new strategy after retailer blames promotions for declining revenue and profit
Customers shop at a Nike store in an outlet mall in Los Angeles, Nov. 8, 2024.Frederic J. Brown | Afp ...
Micron shares suffer steepest drop since 2020 after disappointing guidance
Micron CEO Sanjay Mehrotra speaks before President Joe Biden delivers remarks on the CHIPS and Science Act and his Investing ...
Fed cuts by a quarter point, indicates fewer reductions ahead
WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive ...
Amazon workers strike across seven facilities at peak of holiday shopping season
An Amazon delivery truck passes people holding signs and marching during a strike by Teamsters union members at an Amazon ...
FDA says Eli Lilly’s weight loss drug Zepbound is no longer in shortage
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.Brendan ...
Wall Street’s fear gauge — the VIX — saw second-biggest spike ever on Wednesday
A television station broadcasts the Federal Reserve's interest-rate cut on the floor of the New York Stock Exchange (NYSE) in ...
