NEW YORK–New York City Councilman Ydanis Rodriguez has put forth a plan that seeks to help save the cab industry in this city, and specifically the owners of taxi medallions.
Fresh Today
GENEVA, Switzerland—Addressing the long-running debate about whether mobile payments will ever catch on the forecasts when digital wallets emerged, a new report forecasts that electronic swipes will pass credit card transactions in the near future.
PARIS, Ill.—The Illinois Division of Financial Institutions has suspended the operations of Route 1 Credit Union here for 60 days. The state regulator appointed Decatur Earthmover Credit Union, Forsyth, Ill., as manager-trustee.
SACRAMENTO, Calif.–The state of California will keep in place its financial sanctions against Wells Fargo for a second year in the wake of additional disclosures related to bad practices at the bank since its sham accounts scandal was revealed.
LAWRENCEVILLE, Ga.—A new report shows most used vehicle values strengthening in September following hurricane replacement activity.
SAN FRANCISCO–Social Finance, Inc. (SoFi), the online student finance lender, said it is withdrawing its application for a bank charter following departure of several senior executives, including co-founder and former CEO Mike Cagney.
LONDON—The cost of a plate of food in the world’s poorest countries can reach hundreds of U.S. dollars in purchasing power equivalent, new research from the World Food Program and Mastercard shows.
WASHINGTON–The Consumer Financial Protection Bureau has filed suit in federal court against two companies operating under the name “FDAA,” a service provider, and their owners for falsely presenting FDAA as being affiliated with the federal government.
COTTAGE GROVE, Wis.–Summit Credit Union here has broken ground on a new headquarters with several features not often found in credit union facilities, including a rainwater cistern.
WASHINGTON–Home builders are feeling optimistic again.