Citi Avoids CFPB Fine for Overcharging Cardholders $335 Million

Citigroup Inc. got a break from the Consumer Financial Protection Bureau, avoiding a fine after failing to adjust rates for cardholders and costing them more than $335 million. The agency, which is being reshaped under President Donald Trump, announced the decision Friday. It credited the lender for discovering the error, alerting regulators and setting out…

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The full list of 229 US products targeted by Canada’s retaliatory tariffs

Ingots 25% 7206.10.00 Other primary forms 25% 7206.90.00 Containing by weight less than 0.25% of carbon: Of rectangular (including square) cross-section, the width measuring less than twice the thickness 25% 7207.11.00 Containing by weight less than 0.25% of carbon: Other, of rectangular (other than square) cross-section 25% 7207.12.00 Containing by weight less than 0.25% of…

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Tesla lagging on Model 3 production, workers say

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world’s media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn…

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Delta passenger claims flight attendant threw her, others off plane over her phone’s ‘airplane mode’

The passenger (lower left) said the flight attendant “menacingly stood over” her before takeoff.  (Instagram/DJReborn) An airline passenger is claiming she and three others were unjustly removed from a SkyWest flight by an attendant who snapped at her over her phone’s “airplane mode.” Robyn Rodgers, from New York, boarded Delta Flight 4727 in Fort Wayne,…

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BANK OF AMERICA: Global markets are echoing the 1998 financial crisis, and there’s evidence for another crash

A dramatic morning session at the Hong Kong Futures Exchange on July 4, 1997. David Gray/Reuters Global markets are echoing the 1998 financial crisis, according to Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch. The crisis was caused by a financial meltdown in several Asian countries that forced investors out of…

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Digital marketers have been lulled into false comfort about Europe’s new privacy laws, and Facebook could be in for a shock when they wake up

It’s been a month since Europe passed tough new privacy rules, and Facebook isn’t breaking a sweat. Analysts are predicting that GDPR (General Data Protection Regulation), the EU’s new rules on how companies can handle European data, won’t have any meaningful impact on Facebook’s bottom line — but it might mask bigger dangers on the…

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