'Mystery Shoppers' Help U.S. Regulators Fight Racial Discrimination At Banks
When the Consumer Financial Protection Bureau looked into the Mississippi-based regional bank BancorpSouth, it didn't just review thousands of loan applications. It sent in undercover operatives — some...
View ArticleA City Looks To STEM School To Lift Economy, But Will Grads Stay?
Much of the anger and anxiety in the 2016 election are fueled by the sense that economic opportunity is slipping away for many Americans. This week, as part of NPR's collaborative project with member...
View ArticleFormer Wells Fargo Employees Describe Toxic Sales Culture, Even At HQ
Former employees of Wells Fargo tell NPR that a toxic high-pressure sales culture at the bank drove some workers to deceive customers and open unauthorized accounts — even in the bank's own...
View ArticleWells Fargo CEO John Stumpf Steps Down
Copyright 2016 NPR. To see more, visit CORNISH, HOST: Wells Fargo has been under pressure for weeks now ever since federal regulators ordered the bank to pay a $185 million fine. Wells Fargo admitted...
View ArticleSenators Investigate Reports Wells Fargo Punished Workers
Elizabeth Warren and two other U.S. senators are demanding answers from Wells Fargo about reports of retribution by bank managers against would-be whistleblowers. This marks the latest development in...
View ArticleAmerica's 'Forgotten' Hear Trump's Economic Battle Cry, But Will He Deliver?
During the campaign, Donald Trump characterized himself as a champion of working-class voters who felt left behind and disconnected from more prosperous parts of the country. And Trump's historic upset...
View ArticleFederal Reserve Chair Throws Cold Water On Trump's Economic Plan
President-elect Donald Trump has pledged a $1 trillion infrastructure spending program to help jump-start an economy that he said during the campaign was in terrible shape.Speaking on Capitol Hill...
View ArticleDOJ's Big Bank Settlements Remove Potential Conflict Of Interest For Trump
In the last days of the Obama administration, the federal government has reached multibillion-dollar settlements with Deutsche Bank and Credit Suisse over their sale of toxic mortgage securities....
View ArticleReports On Wells Fargo Whistleblowers Spark Inquiry In Congress
Copyright 2017 NPR. To see more, visit NPR . ROBERT SIEGEL, HOST: 2016 saw one of the biggest banking scandals in U.S. history. Regulators say Wells Fargo opened as many as 2 million credit card and...
View ArticlePresident Trump To Cut Regulations By '75 Percent' — How Real Is That?
In a meeting with business leaders, President Trump on Monday made an eyebrow-raising claim. As part of an effort to make America more business-friendly, Trump said, "We think we can cut regulations by...
View ArticleOne Of Trump's First Orders Means Home Loan Fees Won't Go Down
Friday was the day that many homebuyers across the country were to start saving on average $500 a year on their loans. A fee reduction was set to go into effect at the Federal Housing Administration,...
View ArticleFinancial Industry Groups Fear Trump Will Block Investor Protection Rule
Copyright 2017 NPR. To see more, visit ARI SHAPIRO, HOST: Some watchdog groups that keep an eye on the financial industry are worried about the fate of a new Labor Department rule that's supposed to...
View ArticleTrump Moving To Delay Rule That Protects Workers From Bad Financial Advice
Over the past two weeks, the Trump administration has taken steps to delay and perhaps scuttle a new rule designed to save American workers billions of dollars they currently pay in excessive fees in...
View ArticleThe Soaring Stock Market And Your Nest Egg
The stock market's been charging higher lately. After the Dow Jones industrial average topped 20,000 for the first time in history in January, it kept surging to close above 21,000 earlier this week....
View ArticleTrump Administration Quietly Starts Review Of China's Trade Status
Just days before President Trump is set to meet with Chinese President Xi Jinping, the administration has made a move that has some U.S.-China experts scratching their heads. The Commerce Department...
View ArticleThe United Airlines Fiasco: How Game Theory Could Help
United Airlines says it will never again use police to forcibly remove passengers from overfull flights. But this week's public relations disaster for United highlights a problem that airlines face...
View ArticleU.S. Economy Grows At Weakest Rate In Past 3 Years
Copyright 2017 NPR. To see more, visit AUDIE CORNISH, HOST: The U.S. economy got off to a rocky start this year. That's according to the latest numbers from the Commerce Department. The economy grew at...
View ArticleRepublicans Scrap Rule For Small-Business Retirement Plans
Senate Republicans voted Wednesday night to rescind an Obama-era policy that allows states to offer retirement savings plans to millions of workers. Retiree and worker protection groups say the move...
View ArticleThe 'Oracle of Omaha' Condemns Republican Health Care Bill At Berkshire Meeting
Billionaire investor Warren Buffett fielded questions at the annual shareholders meeting for his company Berkshire Hathaway. He offered thoughts and insights on everything from Republicans voting to...
View ArticleWhy Isn't The Housing Market Booming The Way Experts Expected?
Copyright 2017 NPR. To see more, visit MARY LOUISE KELLY, HOST: Two things we know - interest rates are low; consumer confidence is high, which means the housing market should be hot. But it is not....
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