Americans are gradually relying less on traditional storefront payday loans because regulators, technology, and consumers themselves are all pushing toward safer, somewhat cheaper, and more flexible small‑dollar credit options. Big picture: why payday is losing ground Several forces are eroding ...

Artificial intelligence (AI) has quickly moved from emerging capability to baseline expectation in financial services. Increasingly, the first interaction consumers have with their financial institutions (FIs) is not through a branch or even a mobile app but through conversational AI ...

The 40‑year‑old furniture chain that just filed for Chapter 11 is SuperNova Furniture, a six‑store home furnishings retailer based in the Houston, Texas area. Who filed and where The company is SuperNova Furniture, founded about 40 years ago by Ana ...

The CFPB’s draft 2026–2030 Strategic Plan represents a significant pivot toward a more deregulatory, fraud‑focused Bureau with narrowed supervision and enforcement, and it is drawing sharply divergent reactions from industry and consumer/AG stakeholders. Core structure of the draft plan The ...

The most likely endgame is court approval of a revised settlement that modestly lowers average credit interchange, caps some rates for years, and weakens “honor all cards” so merchants can reject or surcharge high‑cost plastic—but with continued political and merchant ...

Regulators have finalized a rule that lowers the Community Bank Leverage Ratio (CBLR) from 9% to 8% and lengthens the grace period for falling below the qualifying criteria, easing capital constraints and making the simplified framework accessible to more community ...

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is ...

QVC’s parent company, QVC Group, has filed a prepackaged Chapter 11 case primarily as a balance‑sheet restructuring to cut over $5 billion of debt while keeping operations running. What was just announced QVC Group (parent of QVC and HSN) has ...

Many hospital systems in Connecticut have stopped suing their patients over unpaid bills, stung by criticism about the harm caused by aggressive collection tactics. But physicians, dentists, ambulance companies, and other health care providers are still taking their patients to ...