Debt collectors can now use social media to send direct messages to borrowers who owe, the Consumer Financial Protection Bureau has ruled.
Category Archives: business
Dow finishes 450 points lower, triggered by first omicron case in U.S.
The major averages gave up solid gains and turned negative on Wednesday after the Centers for Disease Control and Prevention confirmed the first case of the
Facebook whistleblower Haugen urges lawmakers to avert impasse on social media laws
Haugen, a former Facebook product manager, testified at a House hearing Wednesday on legislative proposals to overhaul liability shield provisions of the law..
Capital One to drop overdraft fees for all retail banking customers
Capital One is eliminating all overdraft fees for retail banking customers, according to a memo distributed to employees on Wednesday.
Elizabeth Holmes admits whistleblower was right and reporter was ‘mishandled’
The government got its chance Tuesday to cross-examine Theranos founder Elizabeth Holmes about allegations of fraud tied to the failed blood-testing startup.
One-on-one with labor secretary on shipping backlog and jobs
NBC News’ Jo Ling Kent spoke to Labor Secretary Marty Walsh in an exclusive interview as he visited the Port of Los Angeles as concerns continue about supply chain backlogs and the pandemic’s impact on the workforce.
Dow falls by 600 points after Fed Chair Powell says he'd like to speed up tapering
Wall Street stumbled on Tuesday, with the Dow Jones Industrial Average falling by more than 600 points after Federal Reserve Chairman Jerome Powell said he was
Omicron and inflation did not stop shoppers on Black Friday and Cyber Monday
Holiday shoppers streamed back into stores over Black Friday weekend, in a sign that consumers are eager to return to in-person shopping — despite higher
Omicron expected to cause a travel 'ripple effect,' experts warn
News of the omicron variant of the coronavirus and a growing list of new restrictions is putting a crimp in freshly made travel plans.
'I can’t even afford to buy a cart of groceries': Spiraling inflation leaves some grocery workers struggling
Two weeks ago, Mendy Hughes used $4 from her thinning bank account to pick up a family dinner from McDonald’s on her day off as a cashier at Walmart, the