Federal regulators are cracking down on banks that are offering services called deposit advances. Many argue that the service is the same as payday loans and could lead consumers into a cycle of debt.
December 4, 2013 Railroads are increasingly becoming the preferred means of shipping the masses of oil being produced in North Dakota and surrounding states. The railroad industry is eager to fill in for the lack of pipeline capacity. But some say the train growth needs to slow down.
December 4, 2013 Two U.S. banks — JPMorgan Chase and Citigroup — are on the list of institutions targeted by the EU fines. At more than $2 billion, the largest fine ever issued by the European Union in such a case came after a two-year investigation into banks' collusion.
December 4, 2013 The latest ADP National Employment Report says private employers added 215,000 jobs last month, making it the strongest month for job growth since a year ago. And in October, America's trade gap narrowed on the strength of record exports to China, Canada and Mexico.
December 4, 2013 House and Senate negotiators are meeting to reconcile their two different versions of a new farm bill. If they don't reach agreement, the nation faces going over "the dairy cliff" – a reversion to 1949 farm policy that would cause a big spike in milk prices.
December 4, 2013 BuzzFeed's digital traffic is stratospheric, driven largely by animated GIFs and lists, like the 10 most life-affirming dog rescue stories. But the social media outfit is in the process of building up a team of journalists to offer original news reporting, raising questions of just what it intends to be.
December 3, 2013 The company's Falcon 9 booster lifted off from Cape Canaveral, Fla., carrying the satellite into a geostationary orbit.