Investors typically expect rising long-term rates to put pressure on stocks, especially when inflation spikes, but the S&P 500 SPX was up slightly for one week through Thursday, up 4.1% for 2025 and ...
REPORT Good afternoon! I’m Emily Martin, filling in for Cate on this chilly Tuesday. Inside today’s edition:Trump, Musk go ...
Schoar was a CFPB's inaugural advisory board member, lending her expertise in consumer finance to help develop some of the bureau's policies. Musk vaguely acknowledged the CFPB's contributions on ...
Elon Musk has spent years laying the groundwork to transform X into a digital payments platform. Now he appears to be helping dismantle the agency that would oversee it. Over the weekend, the ...
The cease-work order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will ...
The CFPB worked to limit excessive fees and hidden charges from financial institutions. Without CFPB enforcement, they could rise unchecked. For example, overdraft and credit card late fees could ...
The world’s wealthiest person, Elon Musk, has attacked the CFPB, joining a chorus of tech and finance titans who claim the agency has taken a heavy-handed approach to regulation. Musk ...
“So why are these two guys trying to gut the CFPB?” Warren asked Monday. “It’s not rocket science: Trump campaigned on helping working people, but now that he’s in charge, this is the ...
Her focus is reporting on personal finance news ... Newsweek reached out to the CFPB for comment via email on Tuesday. Junk fees, often hidden or unexpected charges that can inflate consumer ...
the CFPB has a mechanism for submitting complaints about financial products or services, and companies would typically respond in 15 days," said credit card and personal finance expert Jason Steele.
The first director of CFPB told BI that Musk's calls to dismantle the bureau are "totally unethical." The first director of the Consumer Financial Protection Bureau warned against eliminating the ...
WASHINGTON — The nearly 1,700 employees of the Consumer Financial Protection Bureau (CFPB) were told Monday not to come to the office or do any work — as the agency became the latest target of ...
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