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Byline: Ken Sweet-AP Business Writer

18 Nov

GOP paints Biden’s choice for bank regulator as radical

published on November 18, 2021 - 12:58 PM

(AP) — President Joe Biden’s choice to become one of the top banking regulators endured a contentious nomination hearing Thursday,

22 Oct

Justice Department to expand redlining investigation efforts

published on October 22, 2021 - 1:26 PM

(AP) — The Justice Department announced Friday a cross-government effort to investigate and prosecute redlining, the practice of banks discriminating

03 Sep

Collectible prices skyrocket, to the dismay of hobbyists

published on September 3, 2021 - 12:49 PM

(AP) — Americans have become obsessed with collectibles, bidding up prices for trading cards, video games and other mementos of

23 Jun

Big US banks to employees: Return to the office vaccinated

published on June 23, 2021 - 12:33 PM

(AP) — Wall Street’s big investment banks are sending a message to their employees this summer: Get back into the

18 May

Biden reverses Trump changes to bank antidiscrimination law

published on May 18, 2021 - 1:42 PM

(AP) — The Biden administration said Tuesday it will repeal changes made by the Trump administration to a law aimed

26 Oct

Sept. new home sales fall 3.5%, after strong summer season

published on October 26, 2020 - 12:46 PM

(AP) — Sales of new homes fell by 3.5% in September to a seasonally-adjusted annual rate of 959,000 million units,

08 Oct

JPMorgan puts $30B toward fixing banking’s ‘systemic racism’

published on October 8, 2020 - 1:05 PM

(AP) — JPMorgan Chase said Thursday it will extend billions in loans to Black and Latino homebuyers and small business

23 Sep

Wells Fargo CEO apologizes for comments about diversity

published on September 23, 2020 - 12:47 PM

(AP) — Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made about the difficulty of finding qualified Black

23 Jan

Former Wells Fargo CEO fined $17.5M for sales scandal

published on January 23, 2020 - 1:10 PM

(AP) — Federal regulators have slapped former Wells Fargo Chief Executive John Stumpf with a $17.5 million fine for his

28 Jun

Facebook’s digital currency may flourish where banks don’t

published on June 28, 2019 - 1:03 PM

(AP) — Europeans and Americans have their Visa and Mastercards. For everyone else, here comes … Libra? Facebook’s new Libra