Wells Fargo to pay $3.7B over consumer loan violations
The Consumer Financial Protection Bureau on Tuesday ordered Wells Fargo to repay $2 billion to consumers and enacted a $1.7 billion penalty against the bank.
Starbucks workers plan 3-day walkout at 100 US stores as union effort continues
More than 1,000 baristas at 100 stores are planning to walk out on a three-day strike starting Friday as part of their effort to unionize the coffee chain’s stores.
Many parents fear inflation's impact on college savings, survey says
Inflation and higher costs have many parents concerned if they can afford their children's college tuition, a recent survey said.
Nearly half of young adults are living at home with their parents, spending more on luxury goods: report
Only 1-in-5 millennials living at home say their parents charge them rent. Of those, nearly half were paying less than $500 per month.
With 10 days of holiday shopping left, shoppers are cutting back on spending
The director of Santa Clara University’s Retail Management Institute says it’s been a tough year for consumers and retailers. Recent data shows people may be looking for a social experience and are not spending as much money on gifts while shopping.
Gas prices plunge to new low, expected to keep dropping in 2023: AAA
The national average cost for a gallon of gas fell to $3.26, 52 cents less than a month ago and six cents less than a year ago, according to AAA.
Good news: Today’s 30-year mortgage rates tumble below 6% | Dec. 14, 2022
Check out the mortgage rates for Dec. 14, 2022, which are largely down from yesterday.
Elon Musk no longer world's richest person
Have you heard of the person who's now the richest in the world?
Today’s 20-year mortgage rates dive below 6% | Dec. 13, 2022
Check out the mortgage rates for Dec. 13, 2022, which are largely up from yesterday.
McDonald's ranks last in new survey of customer loyalty
Meanwhile, Chick-fil-A and In-N-Out Burger received the highest customer loyalty marks, according to the survey.
Credit card balances hit record high amid inflation: TransUnion
Inflation and an uncertain economy influenced record-high credit card balances in the third quarter of 2022, according to TransUnion. Here’s how you can pay off your high-interest debt.
What is the first-time homebuyer tax credit and how does it work?
The new version of the first-time homebuyer tax credit hasn’t passed Congress yet, but there are some tax credits homeowners can take advantage of today.
Good news: Student loan refinance interest rates fall for 5- and 10-year loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
San Francisco nail salon targeted by burglars 3 times in 5 months
A nail salon owner in San Francisco is pleading for burglars to stop targeting her business. Wendy Nguyen has owned The Final Touch 2 on Presidio Avenue in the Laurel Heights neighborhood for ten years. She said her shop has been burglarized three times since July.
Personal loan interest rates edge up for both 3- and 5-year fixed-rate loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
2 arrested after defrauding thousands from Bay Area's 'most vulnerable'
Two men have been charged with several financial felonies and misdemeanors after allegedly defrauding hundreds of Californians on public assistance, authorities said.
Nearly half of Americans expect to go into debt buying holiday gifts
Nearly half of Americans expect to go into debt during the holidays this year. Here’s how to pay down your holiday debt quickly.
New York Times journalists, other employees go on 24-hour strike
The 24-hour walkout on Thursday is the first strike of its kind at the New York Times in more than 40 years.
Amazon sued for allegedly stealing more than $1M in tips from delivery workers
Amazon says tips were already paid to drivers as part of a settlement last year. Amazon was accused of stealing tips from delivery drivers to subsidize its own labor expenses between 2016 and 2019, according to a lawsuit.
Ex-Theranos executive Sunny Balwani sentenced to 13 years
Former Theranos chief operating officer Sunny Balwani was sentenced to 13 years in prison after being convicted of fraud for his role in the failed blood testing company.