Finances Feed

Home Depot to pay $17.5 million to settle huge 2014 data breach lawsuit

The Home Depot will pay $17.5 million to resolve investigations into its 2014 data breach that exposed the payment card information of about 40 million Home Depot customers across the nation. Hackers gained access to the company's network and put malware on its self-checkout system. Read more →


Apple to pay $113 million to settle claims it slowed down older iPhones to extend battery life

Apple will pay $113 million in a settlement which resolves charges that the company misled consumers about iPhone batteries and software updates that throttled processing performance in order to manage low battery power. Read more →


Trump administration rushing to reverse hundreds of rules before Trump leaves office

One of President Donald Trump’s big goals when he was elected was to cut regulations and reduce the size of the federal government. Trump claimed when campaigning that regulations were harmful to American businesses and Wall Street. Read more →


Predatory lenders will take advantage of new federal rule allowing higher interest rates, consumer group says

The True Lender Rule, which questions the power of state governments to regulate interest rate limits, will unleash predatory lending in 50 states. The rule, approved by the Office of the Comptroller of the Currency, would protect predatory, nonbank lenders from state enforcement. Read more →