Students at colleges compensated by banks face dubious debit card fees Attending college can be one of the most expensive endeavors Americans face. According to U.S. PIRG Education Fund’s new report, Debit Cards on Campus: Putting Student Financial Well-Being At Risk, many banks are adding to that expense by partnering with schools to offer and … Continue reading
Tag Archives: Bank
US stocks move little in early trading
NEW YORK (AP) — U.S. stocks moved little in early trading as investors weighed a report on unemployment benefits and corporate news. Oil prices posted another strong gain Thursday, lifting energy stocks. The Labor Department reported that applications for unemployment benefits rose slightly last week, but they remain at levels consistent with a healthy job … Continue reading
U.S. stocks moved solidly higher on Tuesday
NEW YORK (AP) — U.S. stocks moved solidly higher Tuesday, helped by improving economic data from Japan and Europe as well as hopes that the European Central Bank will expand its stimulus program. However, trading remained quiet ahead of the release later this week of the U.S. government’s monthly jobs survey. KEEPING SCORE: The Dow … Continue reading
Bank of China ordered to release counterfeiters’ records
SHANGHAI (AP) — A New York judge has ordered the Bank of China to hand over detailed information about Chinese bank accounts used by a counterfeiting ring that allegedly sold millions of dollars of fake Gucci handbags and wallets in the U.S. The decision could have far-reaching impact on the ability of U.S. courts to … Continue reading
At ‘home’ in Peru, World Bank chief unfazed by slower growth
CARABAYLLO, Peru (AP) — In the 1990s, Jim Yong Kim would climb the dusty streets and hillsides of this sprawling slum outside Peru’s capital distributing expensive pharmaceutical drugs he’d brought hidden in his luggage to tuberculosis patients. Residents recall the Harvard-trained physician as a smiling do-gooder with basic Spanish and shoes permanently caked with dust. … Continue reading
Italian prosecutors seek to indict Bank of China, 297 people
SHANGHAI (AP) — Italian prosecutors are seeking to indict 297 people and the Bank of China in connection with a massive money-laundering investigation reported by The Associated Press earlier this month. The suspects, mostly Chinese migrants living in Italy, include four senior managers of the Chinese state bank’s branch in Milan. According to prosecutors, at … Continue reading