Pennsylvania considers adjustments to credit card swipe fees
Pennsylvania Lawmakers Consider Credit Card Fee Legislation Pennsylvania legislators are looking into a bill that would prevent credit card companies from imposing swipe fees on the sales tax part of transactions. This move is aimed at alleviating financial pressures on small businesses, such as Harrisburg’s Broad Street Market. Tito Tep, who owns Tep’s Fresh Seafood, […]
Planning to get a new Bilt or Apple Card? Tips for boosting your credit score during the change.
Understanding Credit Card Transfers and Their Impact on Your Credit Score Your credit score can be influenced by various actions, such as timely bill payments and the amount of available credit you hold. One often-overlooked factor is credit card migrations, which occur when your card issuer changes, sometimes without your knowledge. According to John Alzheimer, […]
Credit Bank of Moscow Reports Unusual Loss Due to Increase in Bad Loans
Moscow Credit Bank Posts First Loss Among Russia’s Top 10 Banks A bank closely linked to Rosneft, a major player in the oil industry, has made headlines as the first in Russia’s top 10 banks by assets to report a net loss, highlighting escalating issues within the banking sector. Moscow Credit Bank (MKB), noted as […]
BondBloxx addresses concerns over private credit downturn, views the sector as a practical means of earning income
The BondBloxx ETF and Private Credit Investment The BondBloxx ETF is making significant moves in the realm of private credit. Even though some on Wall Street are worried about a potential industry collapse, Joanna Gallegos, the co-founder and COO of the company, argues that private credit remains a solid investment option for generating income. “What […]
BofA Revamps Credit Cards to Support Its Bold Consumer Profit Strategy
Bank of America is setting its sights on increasing consumer profits significantly by reshaping its credit card strategy. This move aligns with its ambitious goal to enhance profits from the consumer division, targeting $20 billion annually by the end of the decade—something that’s been accomplished only twice in U.S. banking history. This month, the bank […]
100 Million Americans Should Confirm Their Eligibility for a New Tax Credit
Roughly 100 million Americans are being encouraged to check if they qualify for a new tax credit aimed at those purchasing American-made vehicles. The One Big, Beautiful Bill Act (OBBA) has established a fresh tax credit allowing Americans to deduct a part of the interest paid on their auto loans starting in 2025. However, this […]
Credit union in North Little Rock put under conservatorship
Credit Union Under Federal Oversight The National Credit Union Administration (NCUA) has placed People Trust Community Federal Credit Union under conservatorship, pointing to “unsafe and unhealthy practices.” LITTLE ROCK, AR — In a statement released on January 16, 2026, the NCUA indicated that member services will continue while they address the identified issues impacting the […]
Credit Suisse investigator alleges he was dismissed for not hiding the facts about the bank’s connections to the Nazi regime.
Credit Suisse Investigation Highlights Nazi Connections A lawyer, Neil Barofsky, who was employed by Credit Suisse to delve into the bank’s connections with the Nazi regime, recently shared his experience with the Senate Judiciary Committee. He explained how he was pushed aside during the investigation. “In 2022, I was terminated from Credit Suisse because I […]
Sen. Chuck Grassley reveals discovery of Nazi-connected accounts at Credit Suisse.
Senator Chuck Grassley, a Republican from Iowa, revealed on Tuesday that an investigation conducted by Credit Suisse found numerous accounts connected to Nazi activities. He explained to reporters that various reports indicated there are 890 accounts affiliated with the Nazi regime. These include wartime accounts for the German Foreign Ministry and German arms manufacturers, as […]
Investigation reveals Credit Suisse held almost 900 Nazi accounts during Hitler’s World War II.
Credit Suisse Reveals Nazi-Linked Accounts In a significant internal probe, Credit Suisse has found 890 accounts possibly linked to the Nazis in banks that previously helped Adolf Hitler’s regime and assisted his associates in escaping to Argentina. This startling information will be presented to Congress during a hearing set for Tuesday. The investigation faced delays, […]