Capital One Financial Corporation News
Banks Prepare for Consumers Unable to Pay Back Loans
Banks fear that consumers could default on loans and credit card payments.
Here’s What Will Be Open And Closed on Memorial Day
Rite Aid, Best Buy and Pizza Hut will be open. Not so much with the Stock Market, though.
Travel Stocks Like Delta Air Are Seen as Inflation Beaters
Meanwhile, Credit Suisse and JPMorgan offered lists of stocks that can thrive in inflationary times like the present.
BofA Will Reduce Overdraft Fees, Following Capital One's Lead
Bank of America settled a class action lawsuit last year over illegal overdraft fees.
Capital One Agrees to Pay $190M To Settle Hacking Lawsuit
Personal information from the bank's customers were stolen in July 2019 from its cloud servers.
Capital One Ends its Overdraft, Non-Sufficient Fund Fees
Overdraft fees can be $25-$35 a pop. The step will cost Capital One $150 million in revenue annually, the company said.
Wells Fargo Likes Momentum Plays Alphabet, Ford, Marriott, BofA
'Momentum stocks offer an attractive risk/reward into year-end,' Wells Fargo analysts said.
Goldman Reportedly in Talks to Issue JetBlue Credit Cards
Goldman Sachs is in talks to become JetBlue's credit-card issuer, a media report says. Barclays currently issues the carrier's card.
Starbucks and Pepsi Make Wolfe List of Top Dividend Stocks
The S&P 500 Dividend Aristocrats index has slipped 6% year to date, compared with a 17% drop for the S&P 500.
Vietnamese Tesla Rival Sets Sail for the U.S. Market
VinFast is shipping 999 of its electric vehicles to California as the Vietnamese company looks for a place in the U.S. market.