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Harmful Credit Legislation Targets Main Street

The following content is Electronic Payments Union. Whenever you stroll down the main street of any beautiful, charming small town, the bustling family-owned storefronts remind you of just how important small businesses are to the U.S. economy. Unfortunately, Senators Dick Durbin (D-IL) and Roger Marshall (R-Kansas) are seriously disrupting the economic future of our small […]

Bipartisan Opposition Grows to Debanking by Wall Street

A bipartisan coalition of unlikely “allies” is emerging to oppose financial blacklisting by Big Tech and Wall Street giants. Independent Journalist Lee Fang Written In a court filing last week, CFPB Director Chopra noted that entire political and religious groups have been “debanked” by major financial institutions and have lost banking services — a practice […]

Wall Street firms fined $390M in over text, WhatsApp messages

The SEC watchdog on Thursday levied $390 million in fines on 26 Wall Street investment firms as part of its latest crackdown on misuse of text and WhatsApp messaging. The fined firms included Ameriprise Financial, Edward Jones, LPL Financial and Raymond James, which each agreed to pay $50 million to settle the allegations. BNY’s Pershing […]

Walmart beats Wall Street expectations as it offers more grocery discounts

CFRA Senior Vice President Arun Sundaram analyzes Walmart and Target’s earnings, expectations for their stock prices, and changes in the way consumers shop. Walmart, America’s largest retailer and private employer, lured shoppers with deeper discounts on groceries and reported strong quarterly results that beat Wall Street expectations. The Arkansas-based company said consolidated sales rose 4.8% […]