Hyundai’s and Kia’s American financing arm will pay $334,941 to settle charges it illegally repossessed vehicles belonging to military service members, the U.S. Department of Justice said on Wednesday. According to papers filed in Los Angeles federal…
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Business
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Business
CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze
A Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards faces a last-ditch effort to stave off its implementation. Led by the U.S. Chamber of Commerce, the card industry in March sued the CFPB…
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Disney will release no more than three Marvel films and up to two Disney+ shows each year as it works to place more focus on quality output. CEO Bob Iger made the announcement as Disney shares…
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Business
The great wealth transfer has started — but millennials, Gen Z may not inherit as much as they anticipate
There’s a massive wealth transfer underway. “It has started and it’s only going to accelerate,” said Liz Koehler, head of advisor engagement for BlackRock’s wealth advisory business. Baby boomers are set to pass more than $68 trillion on to…
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Business
The great wealth transfer has started — but millennials, Gen Z may not inherit as much as they anticipate
There’s a massive wealth transfer underway. “It has started and it’s only going to accelerate,” said Liz Koehler, head of advisor engagement for BlackRock’s wealth advisory business. Baby boomers are set to pass more than $68 trillion on to…
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Disney will release no more than three Marvel films and up to two Disney+ shows each year as it works to place more focus on quality output. CEO Bob Iger made the announcement as Disney shares…
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Business
Biden administration orders online banker Chime to pay $4.55 million over delayed refunds to customers
The Biden administration has told the online banking group Chime it must pay $4.55 million for failing to issue refunds in a timely manner to customers who had closed their accounts. The Consumer Financial Protection…
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Business
Biden administration orders online banker Chime to pay $4.55 million over delayed refunds to customers
The Biden administration has told the online banking group Chime it must pay $4.55 million for failing to issue refunds in a timely manner to customers who had closed their accounts. The Consumer Financial Protection…
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For the first time since 2009, the box office doesn’t have a Marvel film to kick off the summer movie season — and it shows. Since the 2008 release of “Iron Man,” Marvel Cinematic Universe…
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For the first time since 2009, the box office doesn’t have a Marvel film to kick off the summer movie season — and it shows. Since the 2008 release of “Iron Man,” Marvel Cinematic Universe…