consumer protection

4 months ago

New York Sues Capital One Over Savings Account Practices

Capital One Faces Lawsuit for Deceptive Practices in Savings Accounts Capital One (COF.N) was sued on Wednesday by New York Attorney General Letitia James, who accused the bank of defrauding customers by

CFPB-Finalizes-Rule-to-Cap-Overdraft-Fees-at-$5

Economy

9 months ago

CFPB Finalizes Rule to Cap Overdraft Fees at $5, Potentially Saving Consumers $5 Billion Annually

The Consumer Financial Protection Bureau (CFPB) has introduced a significant reform to cap overdraft fees charged by banks and credit unions at $5, a sharp reduction from the typical $35. This move,

23andme-files-for-bankruptcy-amid-privacy-concerns

Business

6 months ago

23andMe Files for Bankruptcy Amid Privacy Concerns

Company Seeks Buyer as Customers Worry Over Genetic Data Genetic testing firm 23andMe has filed for Chapter 11 bankruptcy, triggering alarm over the fate of genetic and personal data from its more