Banking

Bank of America is being fined $225 million by federal regulators for how they handled a jobless benefits program during the COVID-19 pandemic.

Consumers are growing increasingly concerned about their buy now, pay later payments being put on their credit reports.

Traders are bracing for the start of earnings season from the big banks with results scheduled Thursday from JPMorgan Chase and Morgan Stanley.

Thursday's trading could be impacted by earnings reports from JPMorgan Chase and Morgan Stanley, the producer price index for June, weekly jobless claims and more.

Wednesday's trading session could be impacted by a series of events taking place, the most anticipated being the consumer price report.

Buy now, pay later transactions are rising, and are projected to reach significantly higher levels in the years to come, according to a report from GlobalData. But experts worry about the industry's regulations.

Buy now, pay later is becoming increasingly popular but it may not benefit small businesses, according to one expert.

CFPB Director Rohit Chopra is aggressively pursuing economic changes, and many pro-business groups and politicians are sounding the alarm about what they consider a "lawless" agency

Apple recently entered the buy now, pay later space and one expert said its storage of consumer data will give it a "competitive edge."

The end of the pandemic-era tech boom and proliferation of historic inflation have forced the world's biggest companies to think hard about their next moves.

Apple Pay Later is launching in September, but Big Tech's acceptance of buy now, pay later (BNPL) could raise concerns over regulations in the industry.

Halifax, a bank based in the United Kingdom, recently unveiled a new design for nametags that includes the option for the wearer to display their preferred pronouns.

Pedro Guimarães, the head of Brazilian state-run bank Caixa Economica Federal, resigned on Wednesday due to employees allegations of sexual harassment.

Wells Fargo, Bank of America, Goldman Sachs and Morgan Stanley increased their dividends on Monday after they cleared the Fed's annual stress test exercise last week.

The Federal Reserve found that all of the nation's 33 biggest banks passed its latest "stress tests," meaning they have enough capital to withstand a severe economic contraction.

Montana Sen. Steve Daines sent a letter to the CEO of banking giant HSBC for suspending an executive who argued that “investors need not worry about climate risk.”

Experian will soon begin reporting buy now, pay later payments, but it won't affect your credit score. Here's how it works.

Apple Pay Later will allow iPhone users to pay for purchases through an interest-free payment plan and track their upcoming payments through the Apple Wallet app.

Millennials and Gen Z Americans are using buy now, pay later services as prices rise. They are using BNPL to pay for essential services as well as luxury purchases.

Wells Fargo has hit pause on its diversity-focused hiring policy following a report that the company held "fake" job interviews of minority candidates.