Regions Bank unlawfully charged a total of $49 million in overdraft fees to consumers who had not opted-in for overdraft coverage, the U.S. Consumer Financial Protection Bureau said Tuesday.
The closure leaves 16,000 students in the lurch and potentially will cost the U.S. government tens of millions of dollars in foregone federal loan payments.
Justice contends the Quicken encouraged its employees to disregard FHA rules and say that mortgages met the guidelines when they actually did not.
Sen. Patty Murray, D-Washington, the top Democrat on the Senate committee that deals with labor issues, plans to introduce a bill to increase the minimum wage from its current level of $7.25 to $12 by 2020.
Seven in 10 (69 percent, up from 62 percent in 2011) say it is possible for them to save $25 a week more than they are currently saving.
In an long overdue move by Congress and the federal government, Medicare cards will no longer display Social Security numbers.
In all, 44 percent conceded that spending on non-essential purchases – like dining out and entertainment – causes them to save less than they should each month.
The percentage of Americans who feel they dole out too much to Uncle Sam has actually gone done since the 1990s, despite the growing debate nationwide over income inequality.
The aim is to reduce the corrosive effect excessive fees are having on Americans’ primary savings vehicles.
He surprised employees by announcing that he planned over the next three years to raise the salary of everyone, from clerks and customer service representatives to salespeople, to a minimum of $70,000.