New York AG announces bill to protect consumers from scams after Trump hobbles CFPB
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We don’t need the Consumer Financial Protection Bureau — we have courts
President Trump has dropped several cases filed by the Consumer Financial Protection Bureau, leading to calls for 1 million lawyers to help consumers instead of a government agency.The Hill - 1d -
How consumers can protect their finances as federal safeguards crumble
As the Trump administration looks to neuter the Consumer Financial Protection Bureau, advocates urge borrowers to step up their own defenses around their money.NBC News - 5d -
Judge denies CFPB funding relief to Baltimore
A federal judge on Friday handed the Trump administration a win by declining to temporarily block its bid to strip the Consumer Financial Protection Bureau (CFPB) of its reserve funds, after ...The Hill - 2d -
CFPB official details DOGE ‘chaos’ in overtaking agency
A top official at the Consumer Financial Protection Bureau (CFPB) gave an inside account of the “chaos” and “confusion” that overtook the agency when the Department of Government Efficiency (DOGE) ...The Hill - 6d -
Here's why banks don't want the CFPB to disappear
For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...NBC News - 6d -
Here's why banks don’t want the CFPB to disappear
The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.CNBC - 6d -
CFPB employees say mass firing plans remain in place
Two employees of the Consumer Financial Protection Bureau (CFPB) testified Tuesday that top officials’ plans to fire hundreds of workers remain intact, as a federal judge weighs whether to ...The Hill - 5d -
How to protect yourself as fraud losses hit $12.5 billion in 2024
A new FTC report reveals a sharp rise in fraud losses, with 2.6 million consumers reporting scams in 2024. With financial fraud surging, CBS News business analyst Jill Schlesinger shares how to ...CBS News - 3d -
7 ways to safeguard your money as the Trump administration weakens consumer protections
The onus is on Americans to wage their own fights against scams, rip-offs and bad deals.MarketWatch - 3d
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Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
The deal with Walmart heightens the rivalry between Affirm and Klarna, two of the world's biggest BNPL players, just as Klarna is set to go public.CNBC - 19m -
Treasury Secretary Bessent says White House is heading off a 'guaranteed' financial crisis
Bessent believes market pullbacks are benign, and Trump's pro-business policies will boost the economy in the long run.CNBC - 27m -
'See you in four years': Canada flexes economic muscle as tariff negotiations continue
Trump's plans for tariffs and comments about Canada becoming a state has enraged the country's consumers and politicians.CNBC - 1d -
'Buy European': Airbus and others call for sovereign fund and higher Europe tech autonomy
"Building strategic autonomy in key sectors is now a recognised urgent imperative across Europe," the letter from Airbus, Dassault Systemes and others said.CNBC - 56m -
Trump’s Canadian tariffs are having a chilling effect on Vermont’s small business owners
The Green Mountain State's small businesses are getting caught in the tariff crossfire between the United States and Canada.CNBC - 1d
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Lululemon ‘surging higher than other brands’ on TikTok: analyst
Lululemon is gaining traction from introducing more new products and a favorable comparison to a softer performance last year, a Truist analyst notes.MarketWatch - 16m -
Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
The deal with Walmart heightens the rivalry between Affirm and Klarna, two of the world's biggest BNPL players, just as Klarna is set to go public.CNBC - 19m -
Rippling Sues Deel, a Software Rival, Over Corporate Spying
A lawsuit by Rippling accuses a top competitor, Deel, of placing a mole in its ranks — which it uncovered via a “honeypot” trap on Slack.The New York Times - 22m -
Treasury Secretary Bessent says White House is heading off a 'guaranteed' financial crisis
Bessent believes market pullbacks are benign, and Trump's pro-business policies will boost the economy in the long run.CNBC - 27m -
U.K. moves to ban former hedge-fund star Crispin Odey
The Financial Conduct Authority is looking to fine and ban Crispin Odey, alleging he “repeatedly” tried to frustrate investigations into his behavior.MarketWatch - 29m