JPMorgan Chase is prepared to sue the U.S. government over Zelle scams

JPMorgan Chase is prepared to sue the U.S. government over Zelle scams

JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C., on Dec. 6, 2023. Evelyn Hockstein | Reuters Buried in a roughly 200-page quarterly filing from JPMorgan Chase last month were eight … Read more

FTC cracks down on AI claims by DoNotPay and others

FTC cracks down on AI claims by DoNotPay and others

FTC Chairwoman Lina Khan testifies during the House Appropriations Subcommittee on Financial Services and General Government hearing titled “Fiscal Year 2025 Request for the Federal Trade Commission,” in Rayburn Building on Wednesday, May 15, 2024.  Tom Williams | Cq-roll Call, Inc. | Getty Images The Federal Trade Commission on Wednesday announced a crackdown on what … Read more

The hidden risk of syncing your phone to rental car infotainment system

The hidden risk of syncing your phone to rental car infotainment system

Ford’s first all-electric SUV comes at a pivotal time for the automaker as it restructures operations and spends $11 billion by 2022 on EV and hybrid vehicles. It also comes with a 15-inch display screen. Ford Motor Co. The recent data breach that exposed the sensitive information of some 300,000 Avis customers highlighted some critical … Read more

Trump’s credit card interest cap could backfire, experts say

Trump’s credit card interest cap could backfire, experts say

Republican presidential nominee, former U.S. President Donald Trump arrives for a campaign event, his first since a man carrying a rifle was arrested Sunday near where Trump was playing golf at his club in Florida, in the Dort Financial Center on September 17, 2024 in Flint, Michigan.  Scott Olson | Getty Images Former President Donald … Read more

FTC sues drug middlemen for allegedly inflating insulin prices

FTC sues drug middlemen for allegedly inflating insulin prices

Lina Khan, Chair of the Federal Trade Commission (FTC), testifies before the House Appropriations Subcommittee at the Rayburn House Office Building on May 15, 2024 in Washington, DC.  Kevin Dietsch | Getty Images News | Getty Images The Federal Trade Commission on Friday sued three large U.S. health companies that negotiate insulin prices, arguing the … Read more

Court backs Google’s challenge to the EU’s $1.7 billion antitrust fine

Court backs Google’s challenge to the EU’s .7 billion antitrust fine

A Google logo displays on a smartphone screen and the European flag on a computer screen. Nikolas Kokovlis | Nurphoto | Getty Images The European Union’s second-highest court on Wednesday said a 1.5 billion euro ($1.7 billion) fine imposed on Google by regulators should be annulled, siding with the U.S. tech giant after it challenged … Read more

Navient reaches $120 million settlement with CFPB for misleading student loan borrowers

Navient reaches 0 million settlement with CFPB for misleading student loan borrowers

Sopa Images | Lightrocket | Getty Images Student loan giant Navient has reached a $120 million settlement with the Consumer Financial Protection Bureau over its practices with student loan borrowers, the company tells CNBC. The CFPB sued Navient in 2017 for misleading borrowers and providing them with bad information, causing many to pay more than they needed … Read more

SEC issues Wells notice to NFT marketplace OpenSea

SEC issues Wells notice to NFT marketplace OpenSea

In this photo illustration an OpenSea logo is displayed on a smartphone with stock market percentages in the background. Omar Marques | Lightrocket | Getty Images Crypto marketplace OpenSea has been added to the SEC’s list of targets, as the regulator extends its crackdown on the sector. The company’s CEO said in a post on … Read more

Microsoft Recall AI search for Windows Insiders releases in October

Microsoft Recall AI search for Windows Insiders releases in October

Microsoft Chair and CEO Satya Nadella speaks on the company’s campus in Redmond, Washington, on May 20, 2024. Jason Redmond | AFP | Getty Images Microsoft said Wednesday it will release its controversial Recall artificial intelligence search feature for Windows users to test beginning in October. Recall takes screenshots of activity on screen so people … Read more

FTC bans fake reviews, social media influence manipulation

FTC bans fake reviews, social media influence manipulation

Federal Trade Commission Chair Lina Khan testifies during a hearing of the House Appropriations Subcommittee on Financial Services and General Government, May 15, 2024. Tom Williams | CQ-Roll Call, Inc. | Getty Images The Federal Trade Commission on Wednesday voted unanimously to ban marketers from using fake reviews, like those generated with AI technology, and … Read more