Varying credit scores can lead to consumer confusion, frustration and anger. But you can clean up the mess made by the financial industry. » Read More
Stocks mostly rose on Wednesday as investors weighed earnings and tracked global events.
While stocks have generally moved higher, winning themes have emerged for the second half of the year.
Americans rack up $7.4 billion in payday loans annually. Silicon Valley has a plan to make what critics call extortion palatable.
Cisco and Whole Foods Market are among those moving after the bell Wednesday.
The Dow closed at 15,994, a gain of 1.2 percent. The Nasdaq was up 1 percent at 4,191, higher on the year but still off its January highs.
The Fed chair's first testimony before Congress is the big event for markets in the week ahead, as traders sift through economic data.
Check out which companies are making headlines after the bell Monday:
Not all scores are created equal and depending on the wrong "free" score can hurt you financially.
Barack Obama said that U.S. authorities are investigating whether hackers unearthed and posted online financial information that belongs to first lady Michelle Obama and a variety of celebrities like Beyonce and Jay-Z.
Take a look at some of Monday's midday movers:
ATLANTA-- Equifax Inc., which collects and sells consumer credit information, said Wednesday that its profit grew 17 percent in the third quarter, aided by stronger revenue in its consumer-information business. Excluding the impact of acquisition-related expenses, Equifax's earnings amounted to 75 cents per share.
NEW YORK-- The Federal Trade Commission said Wednesday that credit reporting firm Equifax Inc. will pay $393,000 to resolve allegations it broke the law by selling lists of consumers who were late on their mortgage payments. The agency said Equifax and Direct Lending Source violated the FTC Act and the Fair Credit Reporting Act.
*Equifax pays $393,000; Direct Lending $1.2 million. WASHINGTON, Oct 10- Consumer credit rating company Equifax Inc has agreed to pay $393,000 to settle allegations that it improperly sold information on consumers who had fallen behind on their mortgages, the Federal Trade Commission said on Wednesday.
*Began notifying some former employees of offer to pay pension benefits in. *Equifax- group represents about 20% of co's qualified pension plan liabilities. which were about $630 million as of December 31, 2011.
The companies that determine Americans' credit scores are about to come under government oversight for the first time. The Consumer Financial Protection Bureau said that it will start supervising the 30 largest firms that make up 94 percent of the industry.
We’re nearly three-quarters of the way through earnings season, with the bulk of the companies so far beating expectations. Bespoke Investment Group found dozens of “triple play stocks”—shares of companies that (a) beat earnings estimates; (b) surpassed revenue estimates; and (c) ramped-up future guidance on their reporting days.
With the financial industry recovering and fee income reduced by new regulations, lenders are seeking to woo back less creditworthy borrowers. The New York Times reports.
What follows is a roundup of corporate earnings reports for Wednesday, April 27.
What follows is a roundup of corporate earnings reports for Wednesday, Oct. 27.
What follows is a roundup of corporate earnings reports for Wednesday, July 28.