Tag: Banks
Banks drop prime interest rates to 7.75%
PROVIDENCE – Most major banks have reduced their prime lending rates by a quarter-point recently to match the Federal Reserve's decision to cut its...
Stocks and bitcoin jump after Trump’s victory. So do worries about...
NEW YORK (AP) – The U.S. stock market, Elon Musk's Tesla, banks and bitcoin are all storming higher Wednesday as investors bet on what...
R.I. feels effects of global technology outage
WARWICK – A global technology outage grounded flights around the world, including at Rhode Island T.F. Green International Airport, knocked banks and hospital systems...
Five Questions With: Schuyler Weiss
Schuyler Weiss, a Barrington native, has come back home.
Weiss, who moved to Switzerland to earn his MBA and then established a Swiss digital private bank...
4 Florida men convicted for fraudulent use of stolen personal identities
PROVIDENCE – Four Florida men were convicted for their role in a conspiracy that used stolen personal identifying information to defraud banks of more...
Some Americans have become saddled with credit card debt as rent,...
NEW YORK (AP) – While the U.S. economy is broadly healthy, pockets of Americans have run through their savings and run up their credit card...
Politics of bank regulation never about making banks safer
The modern banking structure has been around for at least 700 years. And banks have been failing for 700 years.
From 1980 until the early...
U.S. economy grew at weak 1.1% rate in Q1 in sign...
WASHINGTON (AP) – The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered...
Is my money safe? What you need to know about bank...
NEW YORK (AP) – The recent failures of Silicon Valley Bank and Signature Bank, which catered mostly to the tech industry, may have you worried about...
New proposal could put customers in charge of their financial data
If information is power, then banks and credit unions are in control.
That’s because every morsel of customer financial data, from spending patterns to credit...
