Almost as soon as regulators proposed a settlement for the mortgage mess that would require banks to obey the law, the banks’ Republican allies began trying to weaken it through obfuscation and confusion. Read on for some plain…
Increasing violence in Libya caused oil prices to rise and stocks to fall 80 points to close at 12,090 on Monday. It didn’t help that a Wells Fargo analyst also downgraded the semiconductor industry, sending shares of Intel dow…
Bank of America is trying to earn more revenue from its existing customer base by requiring customers to use more products and services in order to avoid monthly fees. If the banks are going to charge you more, you might as wel…
Warren Buffett’s Berkshire Hathaway liquidated its positions in a number of high-profile companies during the fourth quarter, but the Oracle of Omaha has hung on to his huge stake in Coca-Cola. And Coke’s nearly 4% drop is a we…
A New Jersey court has invalidated a foreclosure by insisting on a basic concept of due process — that the bank must authenticate the documents it uses to make its case. But in the case of Wells Fargo v. Sandra A. Ford, there …