Consumer banking

FILE - In this Jan. 2, 2019, file photo, women peer in the front door of Lord & Taylor's flagship Fifth Avenue store which closed for good in New York. New York landmark retailer Lord & Taylor has filed for bankruptcy, joining a growing list of retailers flummoxed by the pandemic. (AP Photo/Kathy Willens, File)
August 03, 2020 - 5:45 am
NEW YORK (AP) — Lord & Taylor, America's oldest retailer, is seeking bankruptcy protection, as is the owner of Men’s Wearhouse and Jos. A. Bank, lengthening the list of major retail chains that have faltered in the pandemic. Household names, many longtime anchors in malls nationwide, were...
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FILE- In this April 23, 2018, file photo, the logo for Visa appears above a trading post on the floor of the New York Stock Exchange. Visa Inc. said its fiscal third quarter profit fell by 23% from a year ago, undercut by the world’s consumers and businesses dramatically slowing their spending as the coronavirus pandemic took hold. (AP Photo/Richard Drew, File)
July 28, 2020 - 2:29 pm
NEW YORK (AP) — Credit card processing giant Visa Inc. said its fiscal third quarter profit fell by 23% from a year ago, undercut by the world’s consumers and businesses dramatically slowing their spending as the coronavirus pandemic took hold. Visa said it earned a profit of $2.37 billion last...
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FILE - In this Monday, 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. Consumer banking giant Bank of America saw its profits drop by more than half in the second quarter, the bank reported Thursday, July 16, 2020, as the bank set aside billions of dollars to cover potentially bad loans caused by the pandemic. (AP Photo/Steven Senne, File)
July 16, 2020 - 11:39 am
NEW YORK (AP) — Bank of America's second-quarter profits were sawed in half and the consumer banking giant set aside billions of dollars to cover potentially bad loans caused by the coronavirus pandemic. Earnings from the nation's biggest banks are painting a picture of American families and...
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July 15, 2020 - 9:42 am
NEW YORK (AP) — Investment bank Goldman Sachs posted a massive 41% rise in revenues in the second quarter, the bank said Wednesday, helped by a blowout performance by the bank’s trading desks. The New York-based bank had second quarter revenues of $13.3 billion, which is up from $9.46 billion in...
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Chief Yeoman Warder Peter McGowran, right, speaks on a radio flanked by Yeoman Gaoler Jim Duncan as they stand next to the gates at the main entrance before opening to visitors at the Tower of London, in London, Friday, July 10, 2020. The Tower of London reopened to visitors Friday as the British government continues to relax its coronavirus restrictions. (AP Photo/Matt Dunham)
July 10, 2020 - 10:56 am
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the virus. ________________________ RETAIL: — Clothing company Express has reopened about...
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A hospital staff walks past rows of beds at a makeshift COVID-19 care center at an indoor sports stadium in New Delhi, India, Wednesday, July 8, 2020. India has overtaken Russia to become the third worst-affected nation by the coronavirus pandemic. (AP Photo/Altaf Qadri)
July 08, 2020 - 11:47 am
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global response, the work place and the spread of the virus. ________________________ TRAVEL: Choice Hotels is confident that its...
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A woman looks through an art installation of Rattana Sudjarit at the Bangkok Art and Cultural Center in Bangkok, Thailand, Tuesday, June 23, 2020. Daily life in the capital is resuming to normal as the Thai government continues to ease restrictions related to running business and activities that were imposed weeks ago to combat the spread of COVID-19. (AP Photo/ Gemunu Amarasinghe)
June 23, 2020 - 7:48 am
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the virus. ________________________ TRAVEL & LEISURE: Travel is resuming slowly with...
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FILE - This Feb. 18, 2020, photo shows a real estate sign in front of a home for sale in San Francisco. An estimated 4.1 million Americans have their mortgage in forbearance, according to data released Monday, May 18, by the Mortgage Bankers Association.(AP Photo/Jeff Chiu, File)
May 20, 2020 - 9:11 am
Suddenly out of work or making due with reduced paychecks, an estimated 4.1 million Americans have sought forbearance on their mortgage, according to data released Monday by the Mortgage Bankers Association. That's a staggering number, and experts anticipate more homeowners will seek this...
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In this Saturday, May, 2, 2020, photo, a man uses banknotes to pay for his purchases at the mall in Basra, Iraq. The coronavirus pandemic has reawakened debate about the continued viability of what has been the physical lifeblood of global economies: paper money and coins. (AP Photo/Nabil al-Jurani)
May 19, 2020 - 11:07 pm
BEIRUT (AP) — In troubled times, people have been known to hoard currency at home — a financial security blanket against deep uncertainty. But in this crisis, things are different. This time cash itself, passed from hand to hand across neighborhoods, cities and societies just like the coronavirus,...
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FILE - In this April 27, 2020 file photo, a plastic sheet is laid between two workers needing to face each other to perform their task, as a safety measure for coronavirus contamination, at the Fiat Chrysler Automobiles plants of Atessa, in Central Italy. Fiat Chrysler Automobiles has confirmed a request for an Italian state-backed loan to help the sector relaunch from the coronavirus shutdown, a move that set off debate in Italy over whether such money should be made available to companies with legal headquarters overseas. (Cecilia Fabiano/LaPresse via AP)
May 17, 2020 - 7:08 am
SOAVE, Italy (AP) — Fiat Chrysler Automobiles has confirmed a request for an Italian state-backed loan to help the automotive sector relaunch from the coronavirus shutdown, a move that set off debate in Italy over whether such money should be made available to companies with legal headquarters...
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