Capital One to Pay $425 Million to Settle Suit Over Savings Accounts

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Capital One to Pay $425 Million to Settle Suit Over Savings Accounts Capital One to Pay $425 Million to Settle Suit Over Savings Accounts

Depositors said the bank cheated them out of higher interest rates. As part of the settlement, the..
Stocks Slip and Gold Rises as U.S. Government Shutdown Takes Effect Stocks Slip and Gold Rises as U.S. Government Shutdown Takes Effect

Investors have typically been unfazed by government closures, but the longer a shutdown runs, the..
Morgan Stanley Scores an Easier ‘Stress Test’ From the Fed Morgan Stanley Scores an Easier ‘Stress Test’ From the Fed

The investment bank had appealed more stringent oversight in dreaded annual exams, and the Federal..
Por qué el sistema de pagos digital de Brasil está en la mira de Trump Por qué el sistema de pagos digital de Brasil está en la mira de Trump

El sistema de pago digital brasileño, PIX, rápido y gratuito, se ha hecho muy popular. El gobierno..
We Really Want to Trust Crypto Interests With the Future of Money? We Really Want to Trust Crypto Interests With the Future of Money?

Washington shouldn’t trust Silicon Valley with the future of money.
Ex-Wall Street Star Accused of Abusing Women in Penthouse Sex ‘Dungeon’ Ex-Wall Street Star Accused of Abusing Women in Penthouse Sex ‘Dungeon’

Federal prosecutors say Howard Rubin, who faces sex trafficking charges, took victims to his..
Miran Says Interest Rates Should Fall to 2.5 Percent This Year Miran Says Interest Rates Should Fall to 2.5 Percent This Year

Stephen Miran, who joined the central bank last week, said he believes rates should be around 2.5..
He escrito sobre muchas estafas, pero esta vez casi caigo en una He escrito sobre muchas estafas, pero esta vez casi caigo en una

La ciberestafa y la suplantación de identidad —la clonación de un número de teléfono real— siguen..
Fed Cuts Rates for First Time This Year Fed Cuts Rates for First Time This Year

The Federal Reserve lowered rates by a quarter point, but one governor voted for a bigger cut...
Senate Votes In Trump Pick for Fed Board Senate Votes In Trump Pick for Fed Board

Senate Republicans confirmed President Trump’s nomination of Stephen Miran, a top White House..
Don’t Just Defend the Fed. Reinvent It. Don’t Just Defend the Fed. Reinvent It.

What kind of central bank should we want for America?
As the Fed Prepares to Lower Rates, 2 Seats on Its Board Are in Limbo As the Fed Prepares to Lower Rates, 2 Seats on Its Board Are in Limbo

The Senate looks poised to confirm President Trump’s pick to join the central bank in time for the..
PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates

The latest economic data keeps the central bank on track to lower interest rates at its next..
Fed Governor Lisa Cook Sues Trump Over Dismissal Fed Governor Lisa Cook Sues Trump Over Dismissal

Lisa Cook, who has not been charged with a crime, sought to retain her position, arguing her firing ..
The Supreme Court Must Limit This President. Start With the Fed. The Supreme Court Must Limit This President. Start With the Fed.

Trump’s effort to oust Lisa Cook could have all sorts of worrisome consequences.
Trump Announces Firing of the Fed Governor Lisa Cook Trump Announces Firing of the Fed Governor Lisa Cook

President Trump justified Lisa Cook’s removal from the Federal Reserve Board of Governors based on..
Trump Demands a Fed Governor Resign, Escalating Campaign to Remake Central Bank Trump Demands a Fed Governor Resign, Escalating Campaign to Remake Central Bank

The administration accused Lisa Cook of mortgage fraud and said it would refer the matter for..
Frank Savage, 87, Business Leader Entangled in Enron Scandal, Is Dead Frank Savage, 87, Business Leader Entangled in Enron Scandal, Is Dead

He was one of the relatively few Black Americans to reach the upper echelons of global finance. He..
White House Seeks to Inspect Fed Renovation in Bid to Pressure Powell White House Seeks to Inspect Fed Renovation in Bid to Pressure Powell

Russell T. Vought, the head of the Office of Management and Budget, said he and other..
Public Views of the Fed Chair Are Polarized as Trump Mulls His Firing Public Views of the Fed Chair Are Polarized as Trump Mulls His Firing

Few Americans have confidence in the chairman, Jerome Powell, to do the right thing on the economy, ..
Trump Has Penned Letter To Fire Fed Chair Jerome Powell Trump Has Penned Letter To Fire Fed Chair Jerome Powell

The president waved a copy of a draft letter firing Jerome H. Powell at a meeting in the Oval..
Dimon Warns That Private Credit May Be at Its Peak Dimon Warns That Private Credit May Be at Its Peak

The JPMorgan Chase chief has long been skeptical of the nontraditional, and less regulated, lending ..
Fed Defends Renovations as White House Widens Attacks on Central Bank Fed Defends Renovations as White House Widens Attacks on Central Bank

President Trump and his allies have accused the Federal Reserve chair, Jerome Powell, of misleading ..
The Burglars Who Snatch A.T.M.s Instead of Robbing Banks The Burglars Who Snatch A.T.M.s Instead of Robbing Banks

Common tools and a little muscle have fueled a crime wave that may have netted one burglary crew..
Investors on Edge About a Potential Shadow Fed Chair Investors on Edge About a Potential Shadow Fed Chair

Traders have moved on a report that President Trump is again weighing a shake-up at the central..
Federal Judge Blocks Trump From Collecting Data on Small-Dollar Border Transactions Federal Judge Blocks Trump From Collecting Data on Small-Dollar Border Transactions

So far, the courts have sided with business owners who sued after their money service businesses..
Second Fed Official Indicates Support for Faster Rate Cuts Second Fed Official Indicates Support for Faster Rate Cuts

Comments from two officials, both appointed by President Trump, suggest a split among policymakers.
The Markets Are Balancing on a Knife’s Edge The Markets Are Balancing on a Knife’s Edge

The world has been anything but peaceful, but you wouldn’t know that from looking at the markets.
Fed’s Interest-Rate Approach Keeps It on Collision Course With Trump Fed’s Interest-Rate Approach Keeps It on Collision Course With Trump

The central bank signals little urgency to cut interest rates despite demands from President Trump..
Los riesgos de la fiebre del oro en China Los riesgos de la fiebre del oro en China

El rápido aumento de la demanda de oro refleja la escasa confianza de los compradores chinos en..
Fed’s ‘Wait and See’ Approach Is Intact as New Risks Cloud Economic Outlook Fed’s ‘Wait and See’ Approach Is Intact as New Risks Cloud Economic Outlook

The central bank is set to hold interest rates steady for its fourth straight meeting, a pause that ..
Las casas de cambio de la frontera, en aprietos por una nueva regla del gobierno de Trump Las casas de cambio de la frontera, en aprietos por una nueva regla del gobierno de Trump

Los jueces federales han alabado el objetivo del gobierno de erradicar las tramas de blanqueo de..
Trump Is Immensely Vulnerable Trump Is Immensely Vulnerable

If critics focus on his economic failures, corruption and manipulation — and get their own houses..
Federal Reserve Plans to Cut 10% of Its Staff Federal Reserve Plans to Cut 10% of Its Staff

In an internal memo to staff on Friday, Jerome H. Powell, the chair of the central bank, said the..
The Stock Market’s Boomerang Month Has Put Investors in a Bind The Stock Market’s Boomerang Month Has Put Investors in a Bind

Although they long for more clarity about tariffs, investors feel they can’t sit on the sidelines..
Remarrying in Retirement Can Mean Tricky Money Talks Remarrying in Retirement Can Mean Tricky Money Talks

People over 65 who remarry after a death or divorce can face thorny financial questions —..
The Fed Could Be on Hold Until September, Economists Say The Fed Could Be on Hold Until September, Economists Say

Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs ..
Three Economists on Donald Trump’s Battle With Jerome Powell and What Could Still Go Wrong at the.. Three Economists on Donald Trump’s Battle With Jerome Powell and What Could Still Go Wrong at the..

The economic forecasts are murky, the markets are gyrating, and maybe we’ll all get fewer dolls..
Why Designated Beneficiaries Are Key to Your Estate Planning Why Designated Beneficiaries Are Key to Your Estate Planning

Although a will is crucial to making sure your assets go where you want them when you die, you are..
Trump Says He Has No Plans to Fire Fed Chair Jerome Powell Trump Says He Has No Plans to Fire Fed Chair Jerome Powell

President Trump’s recent comments blasting Jerome H. Powell, the Federal Reserve chair, for being..
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