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BofA Slapped With $10M Fine After Garnishing Customers Illegally

Th garnishment orders conducted by Bank of America  (BAC) – Get Bank of America Corp Report against customer accounts were illegal and the retail bank is required to pay a $10 million fine to the Consumer Financial Protection Bureau (CFPB). The enforcement action from the CFPB occurred because the retail bank processed out-of-state garnishment orders against its customers’…

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Dan Ives Makes Cathie Wood Seem Squeamish

In recent years, big tech names like Apple  (AAPL) – Get Apple Inc. Report, Meta Platforms  (FB) – Get Meta Platforms Inc. Class A Report and Amazon  (AMZN) – Get Amazon.com, Inc. Report seemed almost immune from Wall Street downswings. In fact, for most of 2021 their strong performance masked otherwise dismal showings in many other companies’s…

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Goldman Sachs Gives Bitcoin Another Boost

The crypto market has not been at its best since the year.  Volatility has never been so high. After months of falling coin prices starting with bitcoin, the king of crypto, a slight rebound followed.  But since then the prices of digital currencies have been zigzagging, unable to exceed certain symbolic thresholds. Bitcoin, for example,…