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Walgreens Looks to Credit Card, Financial Services to Drive Loyalty and Boost Revenue
The drugstore chain is looking for growth opportunities as consumers shop more online and competitors take some of its business.
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Black and Hispanic Americans Pay Twice as Much in Bank Fees as Whites, Survey Finds
Black adults report shelling out an average of $12 a month and Hispanics are paying $14 a month, on average, Bankrate found. Whites pay an average of $5.
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JPMorgan and Goldman Sachs Join U.S. Corporations Halting Political Donations After Capitol Riot
The moves were part of the fallout of Wednesday’s riot that forced American corporations to come to terms with how to respond.
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Savings Interest Rates Hit Rock Bottom Just as Americans Stash Away More Cash
The coronavirus crisis has Americans hoarding more money than ever and earning less on it.
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Trump's Business Prospects Just Got Dimmer as Wall Street Backs Away From Tarnished Brand
Moves by Wall Street institutions to distance themselves from Trump make his transition to a post-presidency life much harder.
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Small Business Owner Relying on 2nd Round of PPP Loans, Continued Community Relationships to Stay Open
For so many businesses struggling to survive, the second round of PPP loans could not come sooner. Signature Towing out of Chula Vista has managed to stay open 24 hours a day, seven days a week with a tiny staff of four thanks to the first round of loans. But that’s not all. Owner Larry White said it’s because...
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Walmart to Create Fintech Start-Up With Investment Firm Behind Robinhood
The retail giant interacts with millions of customers, including some who don’t have a relationship with a bank or a financial advisor.
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Goldman Says Bitcoin Is Starting to Mature But Institutional Money Is a Tiny Fraction of the Market
Goldman Sachs’ Jeff Currie says more money from the financial world needs to flow into bitcoin in order for it to stabilize.
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Starbucks Pledges $100 Million to Help Small Businesses and Black Communities
Starbucks will invest $100 million over the next four years in community development projects and small businesses in areas populated by people of color.
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Health Insurer Cigna Says It's Stopping Political Donations to Lawmakers Who Incited Violence
Corporations from Morgan Stanley to Marriott International have taken the rare step of singling out members of the Republican party for last week’s riot.
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Here's Exactly What Banks Are Offering to Do to Help Americans Affected by Coronavirus
CNBC Make It rounded up a list of what many major banks are offering to do for Americans affected by COVID-19.
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Banks May Soon Offer Americans More Loan Options—Here's What Experts Say You Need to Know Before Borrowing
As the number of unemployed Americans soars because of the coronavirus pandemic, federal regulators are looking for ways to get cash into their pockets. One new initiative: get more banks and credit unions to offer small loans at low rates. But experts say that Americans should research their options carefully before signing on the dotted line.
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Mortgage Help Is Available During the Coronavirus Pandemic, But What's Offered Can Vary—Here's What You Need to Know
Banks, lawmakers and regulators are working together to keep the coronavirus pandemic from turning into the next housing crisis by rolling out a number of assistance programs aimed at giving Americans a break on their mortgages. But it can be confusing to navigate, so if you are looking for some help with your mortgage payments, here’s what you’ll need to...
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Here's How to Avoid a Common Mistake Small Businesses Make When Applying for Loans, According to an SBA Official
Congress is making additional loan funding available to small businesses in an effort to mitigate the effects of the coronavirus shutdowns across the U.S. But experts say that business owners need to avoid common pitfalls and do their homework before applying for these latest funds.
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Fintech Start-Up Curve Raises $95 Million to Bring Its ‘Smart' Payment Card to the U.S.
Curve combines all of a customer’s debit and credit cards into one app and a linked “smart” card they can use for payments.
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Op-Ed: The Historic Change Citi Made for Transgender Card Holders
To combat discrimination Citi launched an initiative with Mastercard to offer transgender customers the ability to use their chosen first name on credit cards.
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Deutsche Bank to Pay $125 Million to Settle U.S. Probes Into Overseas Bribes, Trading Practices
The news is the latest acknowledgement of lapses in controls at Deutsche Bank since the 2008 financial crisis.
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Main Street Looks Ahead to PPP Relaunch as Covid Outbreak Grows More Severe
Lending advocates are hopeful the funding will help to bridge the gap for small companies and minority-owned businesses that may have missed out last year.
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Commentary: Fed's Mandate Doesn't Include Climate Change
The greatest risk to financial stability is not an insufficient focus on climate change, U.S. Rep. Andy Barr says.
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American Express Shares Dip on Report That Federal Investigators Are Probing Sales Practices
American Express said Thursday in a statement that it has “robust compliance policies and controls in place, and do not tolerate misconduct.”