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Byline: KEN SWEET

07 Nov

Advance pay service may reduce use of payday loans

published on November 7, 2018 - 1:22 PM

(AP) – Americans take out roughly $50 billion in payday loans a year, each racking up hundreds of dollars in

23 Oct

Americans who don’t have a bank account at lowest level ever

published on October 23, 2018 - 11:23 AM

(AP) – The number of Americans who do not have a bank account fell to a record low last year,

03 Oct

Teachers union sues student loan servicer Navient

published on October 3, 2018 - 1:36 PM

(AP) – The American Federation of Teachers filed a lawsuit Wednesday against Navient, one of the country’s largest student loan

18 Sep

Visa, Mastercard in new settlement of credit card fee suit

published on September 18, 2018 - 12:41 PM

(AP) — Visa and Mastercard said Tuesday they will pay $6.2 billion to settle part of a long-running lawsuit brought

27 Aug

APNewsBreak: Nation’s top student loan official resigns

published on August 27, 2018 - 12:51 PM

(AP) — The government’s top official overseeing the $1.5 trillion student loan market resigned in protest on Monday, citing what

23 Aug

US banks made more than $60 billion in profits last quarter

published on August 23, 2018 - 12:37 PM

(AP) — U.S. banks set a record by making more than $60 billion in profits in the second quarter, federal

01 Aug

Wells Fargo to pay $2.1 billion for role in housing bubble

published on August 1, 2018 - 1:10 PM

(AP) — Wells Fargo agreed Wednesday to pay a $2.1 billion fine to settle allegations it misrepresented the types of

11 Jun

Stock markets rise slightly ahead of Trump-Kim meeting

published on June 11, 2018 - 1:52 PM

(AP) — U.S. and global markets rose modestly on Monday, as investors made preparations for President Donald Trump’s meeting with

06 Jun

Group that advises gov’t watchdog is disbanded, members say

published on June 6, 2018 - 12:53 PM

(AP) — The head of the Consumer Financial Protection Bureau dissolved a group of outside experts that acts as an

09 May

Watchdog agency signals less focus on student loan abuses

published on May 9, 2018 - 1:11 PM

(AP) — The Trump administration signaled Wednesday that it intends to pull back on investigating potential abuses by companies in