Feds move to crack down on ‘excessive’ credit-card late fees
President Joe Biden is spotlighting new moves by the Consumer Financial Protection Bureau to cut excessive credit-card late fees that cost American families about $12 billion each year. The CFPB unveiled proposals that will potentially save Americans up to $9 billion a year by targeting late fees that are currently protected by an “expansive” immunity […]
Banks Brace for More Consumers to Fall Behind on Their Loans
Delinquencies are rising, in some cases surpassing prepandemic levels, prompting banks to add to their rainy-day funds. Source link
Norwegian Cruise Line, Allstate, Roblox and more
A Norwegian Gateway cruise ship leaves from the Manhattan port during sunset in New York City, United States on April 10, 2022.Tayfun Coskun | Anadolu Agency | Getty ImagesCheck out the companies making the biggest moves midday:Norwegian Cruise Line — Shares sunk more than 6% after the cruise ship operator reported in a filing with […]
Roblox, Discover, Chegg and more
A man photographs a Roblox banner displayed, to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021.Brendan McDermid | ReutersCheck out the companies making headlines in premarket trading.Roblox — Roblox shares fell 6.7% after Morgan Stanley downgraded the gaming company to underweight from […]
Discover Financial, Alcoa and more
An aluminum coil stands in a warehouse awaiting transport, at an Alcoa World Alumina Australia smelting plant, partially owned by Alumina Ltd., in Point Henry, Australia.Carla Gottgens | Bloomberg | Getty ImagesCheck out the companies making headlines in after-hours trading.Discover Financial Services — Shares of Discover Financial Services slid 6.2% after the credit card company […]
World Wrestling Entertainment, Bed Bath & Beyond, Tesla, Costco
Chief Brand Officer and TV Personality of WWE, Stephanie McMahon delivers her keynote address at the opening of Sports Matters in conjunction with All That Matters 2016 in Singapore on September 14, 2016.Roslan Rahman | AFP | Getty ImagesCheck out the companies making headlines in premarket trading.World Wrestling Entertainment — Shares advanced 9.7% after Vince […]