US Bancorp

Berkshire Hathaway’s big mystery stock wager could be revealed soon

by
Berkshire Hathaway’s big mystery stock wager could be revealed soon

Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway, led by legendary investor Warren Buffett, has been making a confidential wager on the financial industry since the third quarter of last year. The identity of the stock — or stocks — that … Read more

U.S. Bank fined $36 million for frozen unemployment benefits

by
U.S. Bank fined million for frozen unemployment benefits

WASHINGTON — The Consumer Financial Protection Bureau on Tuesday announced it has fined U.S. Bank nearly $21 million for cutting off access to unemployment insurance benefits during the height of the Covid-19 pandemic. The Office of the Comptroller of the Currency imposed an additional $15 million penalty on the bank over the same practices. “U.S. … Read more