China's top banks deal painful blow to Russia
The Biden administration's secondary sanctions are proving effective at further isolating Russia, even from lenders in Moscow's most important partner.
Americans' savings hit grim milestone
Households' personal savings rate has slowed, according to Wells Fargo economists.
Banks starting to face "revolt" from customers: Finance expert
Customers are suing banks for not updating accounts to higher-yielding options, leading to financial losses.
Russian traders reel from China payment problems
Russian businesses face challenges in their dealings with cautious Chinese institutions.
Capital One glitch costs California woman month's worth of bills
After Capital One's electronic pay failed a customer, she found out the company hadn't given money to her credit card company.
China deals major blow to Russian economy
At least 2 Chinese banks are reviewing Russian businesses out of fear that they would be targeted by U.S. secondary sanctions.
Citigroup cuts 20,000 jobs amid warning signs of layoffs at other banks
Citigroup announced that it plans to cut 20,000 jobs over the next two years. But does this signal more job cuts elsewhere?
Are banks open on Christmas Eve?
Newsweek looks at when banks will be closed over the Christmas period.
"Argentina's Trump" Javier Milei doubles down on most radical plan
Milei's closure of Argentina's Central Bank and move to dollarize the economy stirs debate over financial stability and sovereignty.
Which banks are closed for Veterans Day: Full list
Because of the federal holiday on Saturday, many banks and other businesses will be closed on Friday.
Banks Must Help Communities Combat Climate Change
New research on past environmental crises highlight the importance of access to credit.
Record debt forces many retirement-age Americans to work longer
According to the New York Fed, total household debt was at its highest ever, at $17.05 trillion in the first quarter of 2023.
How to save nearly $300 in bank fees as prices surge
Bank charges are squeezing some Americans of much-needed cash at a time of high cost of living environment.
I paid $100k student loans and my son's tuition using a simple method
There were three ways I stayed positive throughout our debt journey.
Are banks, post offices open on Rosh Hashanah? Jewish new year on tap
Friday marks the beginning of Rosh Hashanah and the Jewish High Holy Days, culminating in Yom Kippur.
The Poor Get Poorer with ESG Investing
A new investment agenda that embraces equality of opportunity, shareholder value, and growth will lead to more international development, less inequality, more social mobility, and increased human flourishing.
Methane Gas From LNG Production Is a Climate Emergency
Despite the deaths and explosions, banks continue to fund LNG with over 25 export projects being proposed in the U.S. Gulf alone.
Homeowners hit with 90-year mortgages as interest rates surge
Payments made by borrowers with a variable-rate, fixed-payment mortgage are going more towards interest than the loan, meaning longer amortization periods.
Commercial real estate crash sparks bank collapse fears
Commercial real estate owners are currently facing a "double-pronged issue" due to rising interest rates and a decline in revenue in properties.
Bankruptcy filings skyrocket as economist warns of further defaults
More defaults will follow this year as debt and inflation continue to leave U.S. companies struggling, an economist warned.
Are banks open today? Fourth of July hours
Every bank across the U.S. will be closed for the holiday, but that doesn't mean you can't access your money.
Culture wars hit Capital One
Shaquana Chaneyfield, deputy press secretary for the NYC comptroller, confirmed that NYC residents are still free to continue depositing money into the banks.
Quick ways to save $10K regardless of salary, from financial experts
Are you trying to save up for a big personal project but you think you earn too little to be able to do so? These expert tips are what you need right now.
A Credit Crunch Is Coming
Hopefully, after the smoke clears on the coming credit crunch we can raise questions about how the Fed and other central banks behave.
Investors made $7B betting against Biden administration fixing bank crisis
While traders shorting stock in mid-sized banks is an "important indicator" of investor confidence, depositors do not need to "panic," one expert told Newsweek.
PacWest shares plunge 60%, more banks drawn into quagmire
Concern is growing over the fate of PacWest, which many fear could be the latest victim of the banking industry's turmoil.
Trading of bank shares halted after value plunges
Earlier this week, First Republic Bank collapsed and most of its assets were sold to JPMorgan Chase.
First Republic rated one of America's "best banks" months before failure
First Republic was listed by Forbes as the 44th best bank in the U.S. Now it's been sold to JPMorgan Chase after a collapse.
U.S. Treasury seeks to calm fears after First Republic Bank fails
Responsibility for the bank's assets and deposits has been taken over by JPMorgan Chase.
Fed had concerns about Silicon Valley Bank two years before collapse
Earlier this year, the Silicon Valley Bank collapsed, prompting widespread concerns about the U.S. economy.