Facebook Says Cambridge Analytica Harvested Data of Up to 87 Million Users
From today’s New York Times: Facebook on Wednesday said that the data of up to 87 million users may have been improperly shared with a political consulting firm connected to…
An International Final Four: Which Country Handles Student Debt Best?
From today’s New York Times: Although an American college degree remains a good investment on average — the higher earnings for most graduates justify the cost— millions of borrowers are…
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Tariffs bad news for American economy, including workers and consumers
From today’s The Hill: There’s never a good time for tariffs. American workers and consumers will pay dearly for the Trump administration’s short-sighted action to protect an industry that shows…
56 years later, JFK’s call for a consumer bill of rights is forgotten under Trump
From the Los Angeles Times: On this day in 1962, President Kennedy laid out in a speech to Congress the framework for a consumer bill of rights and the crucial…
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Some Dems ready to loosen tough bank regulations passed after financial crisis
From today’s LA Times: Before the 2008 financial crisis, BAC Community Bank in Stockton made about 100 mortgage loans a year. Now, after new regulations mandated in the Dodd-Frank Wall…
Breaking News: Dick’s Sporting Goods To Stop Selling Assault-Style Weapons
From today’s New York Times: One of the nation’s largest sports retailers, Dick’s Sporting Goods, said Wednesday morning it was immediately ending sales of all assault-style rifles in its stores.…
The Tyranny of Convenience
From the New York Times: Convenience is the most underestimated and least understood force in the world today. As a driver of human decisions, it may not offer the illicit…
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When Wall Street Writes Its Own Rules, It’s An Age of Unprecedented Corruption
From today’s New York Times: On July 25, 2013, a high-ranking federal law enforcement officer took a public stand against malfeasance on Wall Street. Preet Bharara, then the United States…
How Wells Fargo and Federal Reserve Struck Deal to Hold Board Accountable
From today’s New York Times: On a Thursday evening in mid-January, a group of top Wells Fargo executives sat down for dinner in an upscale surf-and-turf restaurant near the White…
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CFPB to reconsider rule on payday loans
From CNN Money Edition: The watchdog agency said in a statement Tuesday that it intends to “reconsider” a regulation, issued in October, that would have required payday lenders to vet…