Microsoft is slashing hundreds of customer-support roles and saving over $500 million by transitioning call-center operations to AI-powered systems, a move illustrating both technological progress and unsettling job displacement (economictimes.com). The shift leverages generative-AI bots to field queries, troubleshoot issues, and escalate ...

The US Consumer Financial Protection Bureau headquarters in Washington, D.C., on Feb. 2, 2025. Photographer: Al Drago/Bloomberg The Consumer Financial Protection Bureau placed its top fair lending official on leave as the Trump administration pulls back on fair lending enforcement ...

FILE PHOTO: U.S. President Donald Trump speaks during an Invest America Roundtable in the State Dining room, at the White House, in Washington, U.S., June 9, 2025. REUTERS/Evelyn Hockstein/File Photo© Thomson Reuters WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday ...

Will U.S. tariffs cause shoppers to sit out this year’s Prime Day? Amazon kicked off its annual summer sale on Tuesday (July 8), but as Bloomberg News reported, the trade war has caused some consumers — and some brands — to stay away ...

As the state of Texas recovers from damage caused by severe storms, straight line winds and flooding, the NCUA is monitoring the situation closely and has resources to help credit unions affected. The Cornerstone Foundation also has resources availableto assist ...

By Brooke Conkle, Jason Cover, Chris Capurso, Taylor Gess & Carlin McCrory on July 10, 2025 POSTED IN ALL ENTRIES, FEATURED POSTS, FEDERAL TRADE COMMISSION (FTC), REGULATORY ENFORCEMENT + COMPLIANCE, STATE ATTORNEYS GENERAL, CFPB + FTC On July 8, a ...

As he sought to recapture the White House in 2024, Donald Trump promised to "put a temporary cap on credit card interest rates at 10%." During his presidency, bipartisan lawmakers have introduced bills to cap credit card interest rates, but ...

Following this announcement, Nacha has 45 Direct Members, which consist of financial institutions, banks, and Payment Associations. The partnership with USAA is set to enable Nacha to continue the process of developing and improving the modern ACH Network. The Nacha ...

Fireworks exploding near the White House and Capitol Hill during Fourth of July were more than just recognizing Independence Day. President Trump and Republicans cheered passage and the signing of the One Big Beautiful Bill into law, which included a ...