Frenzy and desperation as small businesses grab for government aid
A $349 billion program to throw them a financial lifeline got off to a rocky start on Friday as the U.S. economy continued to seize...
Banks warn of ‘overwhelming’ demand and messy start for small business loans
The government has promised to lend $349 billion to small businesses starting Friday, but banks and owners have no idea how it will play out.
The student loan appeal process the government doesn’t tell you about
It turns out the Education Department already has a system for investigating complaints and making fixes to student loans gone bad — it just keeps...
Wells Fargo ex-chief fined $17.5 million over fake accounts
John Stumpf and two other former executives were fined Thursday, and Wells Fargo’s chief federal regulator said it would seek penalties against five others.
The unforeseen risks of a device to curb drunken driving VIEW
Over the past decade, states have increasingly turned to a powerful tool to stop drunken driving before it starts: ignition interlocks. But while these breath-test...
University of Phoenix will pay a $50 million penalty and cancel $141 million in debts in ‘deceptive’ ads settlement
The for-profit school lured students by advertising employer partnerships that did not exist, the Federal Trade Commission said.
Emails show DeVos aides pulled strings for failing for-profit colleges
The Education Department let a megachurch with questionable finances take over a chain of for-profit trade schools. Barely a year later, it went insolvent, dozens...
Safe-deposit boxes aren’t safe, customers learn the hard way
When Philip Poniz opened Box 105 at his Wells Fargo, he discovered it was empty — and that he was totally unprotected by federal law....