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It is long past time for the Federal Reserve to use its authority to bring transparency and competition to the debit market, says the Retail Industry Leaders Association's Austen Jensen.
February 21
Retail Industry Leaders Association -
The Treasury secretary's statements are a sign that government agencies are still in the early stages of understanding this fundamentally new technology.
February 21
University of Pittsburgh -
Ally Financial's recently announced $2.65 billion cash-and-stock deal for CardWorks, which offers unsecured credit cards among other products, places a high price tag on a traditionally risky product.
February 21
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Walmart Inc. is parting ways with grocery-delivery partner Skipcart, the latest defection from its network of logistics companies who often struggle to make ends meet schlepping cola and cantaloupes for the nation’s biggest food retailer.
February 21 -
Fannie Mae and Freddie Mac are expected to retain “limited and tailored government support” after they are released from U.S. control, Treasury Secretary Steven Mnuchin said in a letter to lawmakers.
February 21
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Roger Heacock, president and CEO of the South Dakota-based institution, will step down in January.
February 21
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Wells Fargo & Co. is poised to pay roughly $3 billion to settle federal investigations into a range of consumer abuses that were rampant at the bank for years, according to a person with direct knowledge of the matter.
February 21
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The bank could announce as early as Friday a deal on charges it wronged customers; the acquisition allows Morgan Stanley to compete in retail banking.
February 21
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The Treasury Secretary's statements are a sign that government agencies are still in the early stages of understanding this fundamentally new technology.
February 21University of Pittsburgh -
It’s an odd, and unwelcome, test of new retail technology that allows consumers to shop with minimal interaction with others.
February 21
