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China Consumer Prices Fall, Renewing Fears of Deflation
Posted inBanking and Financial Institutions China Consumer Price Index Deflation (Economics) Factories and Manufacturing Foreign Investments National Bureau of Statistics (China) Producer Price Index

China Consumer Prices Fall, Renewing Fears of Deflation

Consumer prices declined for the second time in four months, while prices charged by factories and other large producers have now been tumbling for over a year.
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Posted by By Keith Bradsher
Citigroup Discriminated Against Armenian-Americans, Regulator Says
Posted inBanking and Financial Institutions Chopra, Rohit Citigroup Inc Compensation for Damages (Law) Consumer Financial Protection Bureau Discrimination Regulation and Deregulation of Industry Suits and Litigation (Civil)

Citigroup Discriminated Against Armenian-Americans, Regulator Says

The bank agreed to pay nearly $26 million to settle claims that its employees denied an immigrant community in Southern California fair access to its credit cards.
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Posted by By Emily Flitter
CFPB Moves to Expand Oversight of Digital Payment Apps
Posted inBanking and Financial Institutions Block Inc Cash App Computers and the Internet Consumer Financial Protection Bureau E-Commerce Google Inc Mobile Applications Mobile Commerce and Payments PayPal Regulation and Deregulation of Industry Venmo

CFPB Moves to Expand Oversight of Digital Payment Apps

A proposed new rule would subject Google, Apple, PayPal and other digital wallet providers to the same scrutiny banks face.
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Posted by By Stacy Cowley
How Do You Use Checks? And Do They Work Well for You?
Posted inBanking and Financial Institutions Checks and Checking Accounts internal-reader-callout Personal Finances

How Do You Use Checks? And Do They Work Well for You?

Banks are worried about check fraud and are trying to discourage the use of paper checks. But nevertheless, they persist.
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Posted by By Ron Lieber and Tara Siegel Bernard

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