Consumer banking

FILE - In this March 18, 2020 file photo, visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns. The coronavirus pandemic has already hurt many households financially.  Americans have been hit with layoffs, furloughs and reduced hours across the country. Those who have not are still facing massive economic uncertainty. Experts say it's more important than ever to manage your budget, reach out to lenders and seek protections available to those hit by the economic impact of the virus. (AP Photo/John Minchillo, File)
March 31, 2020 - 3:22 pm
The coronavirus has dealt a financial blow to millions of Americans and now April's bills are coming due. The good news is there is help available. Reach out immediately to your mortgage lender, student loan servicer or utility provider to see what's available. Other assistance, such as stimulus...
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FILE - This Wednesday, April 3, 2019, file photo shows a box filled with dollar bills, in New York. A growing number of businesses and individuals worldwide have stopped using banknotes in fear that physical currency, handled by tens of thousands of people over their useful life, could be a vector for the spreading coronavirus.(AP Photo/Mark Lennihan, File)
March 20, 2020 - 12:25 pm
NEW YORK (AP) — In a world suffering a pandemic, cash is no longer king. A growing number of businesses and individuals worldwide have stopped using banknotes in fear that physical currency, handled by tens of thousands of people over their useful life, could be a vector for the spreading...
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FILE - This June 13, 2019, file photo shows a new home is for sale in Mechanicsville, Va. On Thursday, March 12, 2020, U.S. long-term mortgage rates were mixed this week after hitting all-time lows last week amid anxiety over risks to the economy from the deepening coronavirus crisis. (AP Photo/Steve Helber, File)
March 19, 2020 - 1:06 pm
WASHINGTON (AP) — U.S. long-term mortgage rates climbed this week in a whip-sawing market amid deepening anxiety over devastation to the economy from the coronavirus pandemic. Home loan rates had hit all-time lows two weeks ago. Mortgage buyer Freddie Mac reported Thursday that the average rate on...
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In this Feb. 20, 2020, photo, items from H&M’s new street wear collection are displayed at a store in New York. The collection was designed in collaboration with Ruth Carter, the Academy-Award winning designer behind the costumes for films such as “Black Panther” and “Malcolm X." It debuted as more companies and brands are getting into the business of Black History Month but also trying not to leave the impression that African American consumers are important just once a year. (AP Photo/Richard Drew)
February 25, 2020 - 6:36 pm
NEW YORK (AP) — From shoes and T-shirts to dolls and tote bags, more companies and brands are getting into the business of Black History Month but trying not to leave the impression that African American consumers are important just once a year. Some businesses are using February to show off the...
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FILE - In this April 18, 2016 file photo a person looks at Intuit TurboTax software on display at a retailer in Foster City, Calif. Intuit announced Monday, Feb. 24, 2020, that it is buying consumer finance company Credit Karma in a $7.1 billion cash and stock deal. (Peter Barreras/AP Images for Turbo Tax Via AP, File)
February 24, 2020 - 6:38 pm
Intuit is buying consumer finance company Credit Karma in a $7.1 billion cash and stock deal that will take it deeper into the financial products realm. The agreement announced Monday would bring together the maker of TurboTax, QuickBooks and other personal finance tools with one focusing on...
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FILE - In this Jan. 9, 2020, file photo specialist Brian Giannettino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 24. (AP Photo/Richard Drew, File)
January 24, 2020 - 5:03 pm
Health care companies led a broad slide in U.S. stocks Friday as increased fears over the spread of a deadly outbreak of coronavirus rattled markets. The S&P 500 had its worst day since early October and snapped a two-week winning streak. The sell-off followed news that a Chicago woman has...
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FILE - In this Oct. 14, 2019, file photo a Bank of America logo is attached to the exterior of the Bank of America Financial Center building in Boston. Bank of America reports financial results Wednesday, Jan. 15, 2020. (AP Photo/Steven Senne)
January 15, 2020 - 8:48 am
NEW YORK (AP) — Consumer banking giant Bank of America said Wednesday that its fourth-quarter profits fell 4% from a year ago, as the bank was impacted by the rapid decline of interest rates in late 2019. The Charlotte, North Carolina-based bank said Wednesday that it earned a profit of $6.99...
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FILE - This Aug. 11, 2019 file photo shows Visa credit cards in New Orleans. On Wednesday, Jan. 8, 2020, the Federal Reserve releases its August report on consumer borrowing for November. (AP Photo/Jenny Kane, File)
January 08, 2020 - 3:27 pm
WASHINGTON (AP) — U.S. consumers slowed their borrowing in November, mainly by piling up less credit card debt. The Federal Reserve said Wednesday that consumer credit rose by a seasonally adjusted $12.5 billion in November, down from a gain of $19 billion in October. The sharp slowdown reflected a...
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Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., smiles during a rally at West Delaware High School, Saturday, Jan. 4, 2020, in Manchester, Iowa. (AP Photo/Andrew Harnik)
January 07, 2020 - 4:39 pm
WASHINGTON (AP) — Sen. Elizabeth Warren is promising to remake the nation’s consumer bankruptcy system if elected president, returning to her political roots while also potentially picking a fight with a top rival for the Democratic nomination, former Vice President Joe Biden. The Massachusetts...
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Police arrive on a street laid with bricks by protesters in Hong Kong, Wednesday, Jan. 1, 2020. Hong Kong toned down its New Year’s celebrations amid the protests that began in June and which have dealt severe blows to the city’s retail, tourism and nightlife sectors. (AP Photo/Vincent Yu)
January 01, 2020 - 10:31 am
HONG KONG (AP) — Hundreds of thousands of people packed Hong Kong streets for an annual New Year's Day protest march as the monthslong pro-democracy movement extended into 2020 with further violence between police and demonstrators. Police said they arrested some 400 people for unlawful assembly...
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