Posing as Walmart, scammers send crypto surging 25%

In what appears to be a massively successful pump and dump scheme, cryptocurrency litecoin surged around 25% early Monday after a falsified news release said Walmart would begin accepting the payment for online purchases.

Wells Fargo Returns as Presenting Sponsor for 2021 Leadership Institute

The Institute, now in its 21st year, is part of a larger mission to advance pathways toward economic mobility for HBCU students and intentionally diversify the future work force within corporate America

American Express names Anré Williams, Chief Executive Officer of American Express National Bank (AENB) and Group President, Enterprise Services

As CEO of AENB, Anré oversees all aspects of American Express’ U.S. banking operation, which is responsible for approximately 60 percent of the company’s total billings and revenues. In addition, as Group President of Enterprise Services, Anré leads American Express’ ...

Why Wall Street is in such a rush to get workers back to the office

Wall Street is wasting no time getting its employees back into the office — whether they want to be there or not. Morgan Stanley CEO James Gorman warned this week he'll be "very disappointed" if workers aren't back by Labor ...

Democrats want JPMorgan to refund Covid-era overdraft fees — and scrap them forever

New York Democrats want JPMorgan Chase to return the overdraft fees the bank collected during the pandemic — and to scrap the hated charges altogether.

Bank of America is encouraging vaccinated employees to return to the office after Labor Day

Bank of America is encouraging its vaccinated employees to return to the office after Labor Day in September, the company's CEO Brian Moynihan said in a Bloomberg Television interview Thursday.

5 Ways to Earn Passive Income During Pandemic: from Dogecoin Mining to Internet Connection Sharing

The Covid-19 pandemic and its induced lockdown have made working from home part of many people’s everyday reality. Along with the lockdown-induced increase in online freelancing, the internet has been offering a variety of ways for generating passive income streams.

China's economy needs workers but its three-child policy may not fix the problem

China's decision to allow people to have more children is a dramatic attempt to head off a worsening labor shortage that could weigh on the country's economic rise.

Surging prices are spooking the stock market

US stocks tumbled out of the gate Tuesday as investors grow increasingly concerned about raw material price spikes, shortages and inflation.

Wall Street's losses on Archegos just topped $10 billion

Losses caused by the collapse of US hedge fund Archegos have topped $10 billion. Swiss bank UBS revealed on Tuesday that it lost $774 million from last month's implosion of Archegos Capital Management, a bigger hit than many analysts expected. ...

Money Talk: The Conversations Everyone Needs to Have

People tend to tiptoe around the subjects of politics, religion, race, estate planning, physical & mental health and finances. But why are so many silent on these very crucial topics. It is not as if not talking about them will ...

Black women delivered for Biden. Now it's time for Congress to deliver on a $15 minimum wage

"Thank Black women" has become a familiar refrain from Democratic lawmakers, who are eager to pay lip service to their fiercest, most reliable voting bloc. Black women helped deliver the presidency and the Senate to the Democrats, who ran on ...

IRS, Treasury Has Disbursed 90 Million Economic Impact Payments From The American Rescue Plan

Today, the Internal Revenue Ser- vice, the U.S. Department of the Treasury and the Bureau of the Fiscal Service announced they disbursed approximately 90 million Economic Impact Payments from the American Rescue Plan. As announced last week, Economic Impact Payments ...

Assistance May Be Available from Other Sources if FEMA Cannot Help

Not all survivors of February’s storms are eligible for FEMA assistance. Others may be eligible for some aid, but for less than they need. Where can these survivors turn for help? Whom can they call?

Exclusive: Wells Fargo is joining the green wave sweeping finance

Wells Fargo is the latest big bank to embrace ambitious lending goals to fight the climate crisis.