Consumer banking

In this Feb. 20, 2020, photo, items from H&M’s new street wear collection are displayed at a store in New York. The collection was designed in collaboration with Ruth Carter, the Academy-Award winning designer behind the costumes for films such as “Black Panther” and “Malcolm X." It debuted as more companies and brands are getting into the business of Black History Month but also trying not to leave the impression that African American consumers are important just once a year. (AP Photo/Richard Drew)
February 25, 2020 - 2:07 pm
NEW YORK (AP) — From shoes and T-shirts to dolls and tote bags, more companies and brands are getting into the business of Black History Month but trying not to leave the impression that African American consumers are important just once a year. Some businesses are using February to show off the...
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FILE - In this April 18, 2016 file photo a person looks at Intuit TurboTax software on display at a retailer in Foster City, Calif. Intuit announced Monday, Feb. 24, 2020, that it is buying consumer finance company Credit Karma in a $7.1 billion cash and stock deal. (Peter Barreras/AP Images for Turbo Tax Via AP, File)
February 24, 2020 - 6:38 pm
Intuit is buying consumer finance company Credit Karma in a $7.1 billion cash and stock deal that will take it deeper into the financial products realm. The agreement announced Monday would bring together the maker of TurboTax, QuickBooks and other personal finance tools with one focusing on...
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FILE - In this Jan. 9, 2020, file photo specialist Brian Giannettino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 24. (AP Photo/Richard Drew, File)
January 24, 2020 - 5:03 pm
Health care companies led a broad slide in U.S. stocks Friday as increased fears over the spread of a deadly outbreak of coronavirus rattled markets. The S&P 500 had its worst day since early October and snapped a two-week winning streak. The sell-off followed news that a Chicago woman has...
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A restaurant sign alerts customers that it's "now cashless," Thursday Jan. 23, 2020, in New York. Lawmakers in New York City were voting Thursday on a measure to require stores and restaurants to accept cash. Critics of the cash-free business model say it discriminates against people who don't have bank accounts or who prefer to use cash. (AP Photo/Bebeto Matthews)
January 23, 2020 - 5:34 pm
NEW YORK (AP) — New York City lawmakers voted Thursday to require stores and restaurants to accept cash for payment, saying businesses that accept only credit and debit cards are discriminating against New Yorkers who lack bank accounts and credit cards. “This practice punishes the underbanked,”...
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FILE - In this Oct. 14, 2019, file photo a Bank of America logo is attached to the exterior of the Bank of America Financial Center building in Boston. Bank of America reports financial results Wednesday, Jan. 15, 2020. (AP Photo/Steven Senne)
January 15, 2020 - 8:48 am
NEW YORK (AP) — Consumer banking giant Bank of America said Wednesday that its fourth-quarter profits fell 4% from a year ago, as the bank was impacted by the rapid decline of interest rates in late 2019. The Charlotte, North Carolina-based bank said Wednesday that it earned a profit of $6.99...
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FILE - In this Oct. 14, 2019, file photo a Bank of America logo is attached to the exterior of the Bank of America Financial Center building in Boston. Bank of America reports financial results Wednesday, Jan. 15, 2020. (AP Photo/Steven Senne)
January 15, 2020 - 7:27 am
NEW YORK (AP) — Consumer banking giant Bank of America is saying its fourth-quarter profits fell 4% from a year ago, as the bank was impacted by the rapid decline of interest rates in late 2019. The Charlotte, N.C.-based bank said Wednesday that it earned a profit of $6.99 billion, or 74 cents a...
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January 13, 2020 - 6:06 pm
NEW YORK (AP) — Visa is purchasing the financial technology company Plaid for $5.3 billion, a major push by the payment processing giant into other types of money transfer systems outside of Visa's traditional credit and debit card business. Plaid allows consumers to link their bank accounts to...
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Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., smiles during a rally at West Delaware High School, Saturday, Jan. 4, 2020, in Manchester, Iowa. (AP Photo/Andrew Harnik)
January 07, 2020 - 8:54 pm
WASHINGTON (AP) — Sen. Elizabeth Warren is promising to remake the nation’s consumer bankruptcy system if elected president, returning to her political roots while also potentially picking a fight with a top rival for the Democratic nomination, former Vice President Joe Biden. The Massachusetts...
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Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., smiles during a rally at West Delaware High School, Saturday, Jan. 4, 2020, in Manchester, Iowa. (AP Photo/Andrew Harnik)
January 07, 2020 - 4:43 pm
WASHINGTON (AP) — Sen. Elizabeth Warren is promising to remake the nation’s consumer bankruptcy system if elected president, returning to her political roots while also potentially picking a fight with a top rival for the Democratic nomination, former Vice President Joe Biden. The Massachusetts...
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Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., smiles during a rally at West Delaware High School, Saturday, Jan. 4, 2020, in Manchester, Iowa. (AP Photo/Andrew Harnik)
January 07, 2020 - 4:39 pm
WASHINGTON (AP) — Sen. Elizabeth Warren is promising to remake the nation’s consumer bankruptcy system if elected president, returning to her political roots while also potentially picking a fight with a top rival for the Democratic nomination, former Vice President Joe Biden. The Massachusetts...
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