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Consumer Financial Protection Bureau

3 Reasons Bank Stocks Soared After Trump’s Reelection

Bank stocks soared after former President Donald Trump secured a second term in the White House. The Financial Select Sector SPDR Fund (XLF) rose more than 6% in intraday trading on Wednesday, with names like JPMorgan Chase (JPM), Bank of…

Why Bank of America, Visa and Capital One are going bankrupt after a Trump victory

Bank stocks jumped after numerous publications and major television networks declared Donald Trump the election winner and the future 47th President of the United States. The SPDR S&P Regional Banking The exchange-traded fund was trading nearly 11% higher as of…

Kroger, Dollar Tree and others charge fees for cashback

A new report from the U.S. Consumer Financial Protection Bureau (CFPB) released Tuesday (August 27) sheds light on a growing trend: major retailers are now charging fees to customers who request cash back via debit and prepaid card transactions. This…