Consumer banking

This Sunday, Dec. 1, 2019, photo shows rewards offered through Chase bank on an iPhone in the Brooklyn borough of New York. Banks want to turn data they already have on your spending habits into extra revenue by identifying likely customers for retailers. Wells Fargo became the latest bank to customize retail offers to individual customers. It joins Chase, Bank of America, PNC, SunTrust and a slew of smaller banks. (AP Photo/Jenny Kane)
December 02, 2019 - 9:49 am
NEW YORK (AP) — There’s a powerful new player watching what you buy so it can tailor product offerings for you: the bank behind your credit or debit card. For years, Google and Facebook have been showing ads based on your online behavior. Retailers from Amazon to Walgreens also regularly suction up...
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November 21, 2019 - 8:19 am
Shatoria Smith was tired of the $5,000 in credit card debt she felt was blocking her from reaching her financial goals. She couldn’t see an easy path to being debt-free, so she drew herself a map by adapting a goal-setting framework she’d first heard about in a college business class: the SMART...
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FILE - In this March 25, 2019, file photo, Jennifer Bailey, vice president of Apple Pay, speaks about the Apple Card at the Steve Jobs Theater in Cupertino, Calif. A spokeswoman for the New York Department of Financial Services confirmed Saturday, Nov. 9, 2019 that they are investigating Goldman Sachs for possible sex discrimination in the way it sets credit limits. (AP Photo/Tony Avelar, File)
November 09, 2019 - 4:20 pm
NEW YORK (AP) — A New York regulator is investigating Goldman Sachs for possible sex discrimination in the way it sets credit limits. The bank denies wrongdoing. The investigation follows a series of viral tweets by entrepreneur and web developer David Heinemeier Hansson about algorithms used for...
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FILE - This April 2017, file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. Sometimes, the tasks we put off are the ones that leave people we care about in the lurch. Your financial checklist should include reviewing beneficiary designations, updating contact information and visiting your safe deposit box. (NerdWallet via AP, File)
November 04, 2019 - 4:24 am
Here's an illustration of the many ways slow payment systems can inconvenience you and cost you money. Let's say Homer is two days from payday. The family checking account at First Bank of Springfield is on fumes. There's just enough in the account, Homer thinks, to gas up his Plymouth sedan and...
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In this Wednesday, Oct. 23, 2019, photo the original American Express "Green Card," top, shown with the latest version of the card in New York. For 50 years the "Green Card" was everywhere and has been revamped, with a new look and more travel benefits. (AP Photo/Bebeto Matthews)
October 24, 2019 - 11:16 am
NEW YORK (AP) — For 50 years, the American Express "Green Card" has been the card many people wouldn't leave home without. Launched in 1969, the Green Card gave travelers a sense of importance they didn't feel carrying travelers' cheques. For many people, it was their first AmEx card. Over time,...
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Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, Wednesday, Sept. 18, 2019, in Washington. (AP Photo/Patrick Semansky)
September 18, 2019 - 1:03 pm
The Federal Reserve has cut its benchmark interest rate again, big news for the U.S. economy but something that will likely have a muted impact on Americans' personal finances, experts say. That's because the reduction doesn't offset the increases of recent years. And as the key rate creeps closer...
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In this Spet. 9, 2019, photo, Treasury Secretary Steve Mnuchin speaks to reporters outside the West Wing of the White House in Washington. Trump administration officials are coming before Congress to defend their plan for ending government control of Fannie Mae and Freddie Mac, the giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out at cost to taxpayers of $187 billion. Treasury Mnuchin and Housing and HUD Secretary Ben Carson are testifying Sept. 10 before the Senate Banking Committee on the plan for returning Fannie and Freddie to private ownership. (AP Photo/Andrew Harnik)
September 10, 2019 - 9:37 am
WASHINGTON (AP) — Trump administration officials on Tuesday defended their plan to Congress for ending government control of mortgage finance giants Fannie Mae and Freddie Mac, clashing with Democratic senators on whether the change would raise home borrowing costs and neglect lower-income...
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FILE - This Monday, Aug. 8, 2011, file photo shows the Fannie Mae headquarters in Washington. The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, those are the two giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out by taxpayers at a total cost of $187 billion, Thursday, Sept. 5, 2019. (AP Photo/Manuel Balce Ceneta, File)
September 05, 2019 - 4:17 pm
WASHINGTON (AP) — The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, the two giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out at a total cost to taxpayers of $187 billion. The...
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In this Tuesday, Aug. 13, 2019, photo a woman walks past a home listed in Cambridge, Mass. On Thursday, Aug. 15, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Charles Krupa)
August 15, 2019 - 9:43 am
WASHINGTON (AP) — U.S. long-term mortgage rates remained near historically low levels this week against a backdrop of volatile financial markets around the globe. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year loan was unchanged at 3.60%, its lowest level since...
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FILE - In this Feb. 8, 2019, file photo a pedestrian walks down South Broad Street in Philadelphia. Bounce back from a personal loan rejection by building your credit score, growing your income and paying off debt. Shop around and apply at lenders whose minimum qualifications you meet. (AP Photo/Matt Rourke, File)
August 08, 2019 - 9:58 am
Getting rejected for a personal loan can feel like a punch to the gut. It's easy to get discouraged, especially if it delays plans to consolidate debt or renovate your home. Instead of taking the rejection personally, use it as motivation to build your credit and supplement your income so you win...
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