Latest Charles Schwab News
The White House is cracking down on overdraft fees
NEW YORK (AP) — The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House's campaign to reduce junk fees that hit consumers on everyday purchases, including banking services. President Joe Biden had called the fees, which can be as high as...
'Buy now, pay later' is more popular than ever. It can cost more than you think
NEW YORK (AP) — More shoppers than ever are on track to use ‘buy now, pay later’ plans this holiday season, as the ability to spread out payments looks attractive at a time when Americans still feel the lingering effect of inflation and already have record-high credit card debt. ...
How to protect yourself from scammers offering fake jobs
NEW YORK (AP) — Between finding openings, sending out your resume and interviewing, looking for a job is tough. Now a growing trend of scammers impersonating recruiters is making it even harder. In the last year, job scams have been on the rise, according to Eva Velasquez,...
Stock market today: Wall Street falls from its records as oil prices tumble and tech stocks drop
NEW YORK (AP) — Wall Street pulled back from its records on Tuesday after the price of crude oil tumbled and technology stocks faltered. The S&P 500 fell 0.8%, a day after setting an all-time high for the 46th time this year. The Dow Jones Industrial Average dropped 324...
What to know about this year's Social Security cost-of-living adjustment
NEW YORK (AP) — Tens of millions of older Americans will see an increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments. The 2.5% raise is intended to help meet higher prices for food, fuel, and other goods and services. The...
The grace period for student loan payments is over. Here's what you need to know
NEW YORK (AP) — The 12-month grace period for student loan borrowers ended on Sept. 30. The “on-ramp” period helped borrowers who are struggling to make payments avoid the risk of defaulting and hurting their credit score. “The end of the on-ramp period means the beginning of...
Oracle settles suit over tracking your data. How to file a claim
NEW YORK (AP) — Tech behemoth Oracle has agreed to settle a class action lawsuit for $115 million over allegations that it tracked consumer activity both on and offline. The suit alleges Oracle captured, compiled, and sold individuals’ data to third parties without their...
