Financial Services
Text size The tax-preparation company recently unveiled Spruce, a mobile-banking app. Cindy Ord/Getty Images As tax season gets under way, H&R Block is continuing its push to offer year-round financial solutions for its customers. Investors will get a look at how the process is going when the company reports its quarterly results on Tuesday. Just […]
One woman being prosecuted in Atlanta for defrauding the Paycheck Protection Program is a Walmart bakery worker. Authorities say she helped a cousin apply for pandemic bailout loans in a multi-state scheme involving phony businesses. Another defendant runs a trucking company and, according to his indictment, hired a financial adviser who helped him and at […]

United States: Effective Date Set For NCUA Final Rule On Complex Credit Union Leverage Ratio 31 December 2021 Cadwalader, Wickersham & Taft LLP To print this article, all you need is to be registered or login on Mondaq.com. The National Credit Union Administration (“NCUA”) set a January 1, 2022 effective date for a final rule that would […]
Consumer credit risk was in retreat in 2021. It might begin to return next year, though not necessarily in a way that should worry bank investors yet. The average rate of delinquent payments rose from October to November across loans from six large credit-card banks, according to master trust figures compiled by S&P Global Market […]

After taking an initial wait-and-see approach on the new omicron variant of coronavirus, Credit Suisse CS, +3.57%, one of the world’s largest investment banks, now sees a “considerable” risk that the U.S. and large parts of Europe will be unable to avoid “stringent” lockdowns this winter. Credit Suisse’s view is at odds with that of […]
Average APRs on personal loans have dipped, both for three-year and five-year loans, according to data released Monday from Bankrate for the week ending December 13th. If you have excellent credit (meaning a score of 751 or higher), the rate dip was especially steep: The average personal loan APR fell to 12.56% for a three-year […]
Opinion: Facebook can change its name to Meta Platforms or anything else, but its current leadership cannot be trusted
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December 22, 2021
When you watch a magician wave his right hand in a flourish, keep an eye on his left, because that’s usually where the real action is. This lesson is certainly true of Facebook’s own recent “magical” flourishes. First, Facebook unveiled a new name — Meta Platforms FB, -1.12% — as part of its project to […]