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Issue:CommerceTopic:BankingClear all

50 articles, grouped into stories

Wall Street week ahead: Fed minutes, unemployment data, consumer sentiment updateWall Street has a busy week ahead with a mix of economic updates and details about the Federal Reserve’s decision to raise interest rates at its last meeting. The updates include fresh data on the health of the services sector, unemployment and consumer sentiment. Those reports can help give investors and economists more insight into how businesses and…
The Atlanta Journal-Constitution3d agoWhole story →
EconomyCommercefed minutes release
Visa Mastercard Antitrust Suit Targets Card Giants Over Billions in Merchant FeesA San Diego pizza restaurant has taken aim at two of the world’s biggest payment networks, accusing Visa and Mastercard of continuing to squeeze merchants with excessive “swipe fees” despite billions of dollars already paid to resolve earlier antitrust litigation. The Pizza Standard filed a proposed class action Thursday in federal court in New York,…
USA Herald4d agoWhole story →
EconomyCommercevisa mastercard antitrust suit
Ponzi Scheme Promised 15% Weekly Returns, Delivered $406 Million in Losses Instead, CFTC SaysThe Fraud, By the Numbers Federal regulators say four men ran a forex trading scam that pulled in nearly $1 billion from everyday investors. Almost all of that money never touched a currency market — it went straight into the pockets of the people running the operation. Participants who bought in are now out at CFTC charges Cash FX Group, CEO Huascar…
USA Herald10d agoWhole story →
EconomyJusticecftc forex scam charges
Banks made $3 billion from overdraft fees in just 6 months: Here's how to avoid paying themThe average overdraft fee is about $35, according to the Consumer Financial Protection Bureau (CFPB), and U.S. banks collected $2.96 billion in combined overdraft and non-sufficient funds (NSF) fees in just the first six months of 2026, according to a Motley Fool Money analysis of Federal Financial Institutions Examination Council (FFIEC) Call Report…
ABC17News.com11d agoWhole story →
EconomyCommerceoverdraft fee revenue
US futures climb ahead of Fed interest rate call and the latest retail sales numbersU.S. futures are rising as investors await the Federal Reserve’s decision on interest rates, with high expectations of a hike. The potential hike will be the first in three years as inflation remains elevated in the United States and above the Fed’s target. Futures for the S&P 500 gained 0.2% on Wednesday, while those for the Dow Jones Industrial Average…
The Atlanta Journal-Constitution20d agoSources (2)Whole story →
EconomyCommercefed interest rate decision
The Fed might raise interest rates Wednesday. How could it hit Gainesville?The Federal Reserve is expected to raise interest rates on Wednesday for the first time since July 2023, reversing a series of cuts made in 2024 and 2025. The Fed, which is the U.S. central bank, conducts monetary policy by setting the interest rate banks charge each other to borrow money overnight. Any changes ripple outward, and it impacts Gainesville…
The Independent Florida Alligator21d agoWhole story →
EconomyCommercefederal reserve rate decision
Fed Chairman Warsh faces pressure to ‘put up or shut up’ after hot CPI reportFederal Reserve Chairman Kevin Warsh faces intense pressure to raise interest rates at next week’s policy meeting after a highly anticipated inflation report showed U.S. consumer prices marched higher last month. Underlying inflation rose more than expected in August, as the core consumer price index, which excludes food and energy costs, increased 0.3%…
Hartford Courant24d agoWhole story →
EconomyCommercefed rate hike decision
Wall Street week ahead: Federal Reserve decision on interest rates, retail sales updateThe Federal Reserve and its interest rate policy will be the main focus for Wall Street this week. The central bank will close out its two-day meeting on Wednesday, and it could raise its benchmark interest rate in an effort to tame stubbornly high inflation. Wall Street will also get an update Wednesday on U.S. retail sales for August. That could…
The Atlanta Journal-Constitution24d agoWhole story →
EconomyCommercefederal reserve interest rate decision