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CFPB sues Capital One, alleges it misled consumers on savings rates
The Consumer Financial Protection Bureau announced it was suing Capital One for "cheating" customers out of more than $2 billion in interest.Read More...
JPMorgan Chase exec Daniel Pinto, longtime No. 2 to Jamie Dimon, will step down in June
Pinto has worked at JPMorgan and a predecessor firm for more than four decades.Read More...
Klarna scores global payment deal with Stripe to expand reach ahead of blockbuster U.S. IPO
The deal will let Klarna offer its popular buy now, pay later plans to merchants using Stripe's payment tools in 26 countries.Read More...
China’s electric car boom is expected to slow down in 2025
China's electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive.Read More...
Investor Cliff Asness says bitcoin is a bubble unless uses besides speculation and criminality emerge
"I'm on the bubble side, on net. To move me off that, you really need not a price change, but a use case," Asness said of bitcoin.Read More...
Why you may be paying to help make the mattress industry more eco-friendly
Oregon began levying a $22.50 fee in 2025 on consumers who buy a mattress. It's the fourth state to adopt such a policy, to help fund recycling efforts.Read More...
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