As the Treasury Department gradually takes on much of the student loan collection typically done by the Department of Education, a major change will be the knowledge of education policy that agency staff have. The Trump administration announced last month ...

Truist’s reported 83.5% jump in nonperforming indirect auto assets is almost entirely a classification/criteria story, not an abrupt collapse in the underlying auto book. The bank tightened its nonaccrual rules for certain indirect auto loans effective January 1, 2026, which ...

Save for later Bank of America’s BAC-N profit rose in the first quarter, as volatility in the global markets lifted trading activity and a rebound in mergers and acquisitions boosted the lender’s investment banking fees. Shares of the company rose ...

Why Should Delaware Care? With credit cards now the dominant form of payment in the U.S., the fees that banks and payment networks charge for their usage is coming under greater scrutiny. A new debate on applying those fees on ...

Foreclosure starts reached 82,631 in Q1, 20% higher than a year ago, with Texas, Florida and California topping the list. Repossessions also moved higher: lenders took back 14,020 properties, a 45% annual jump, even as the average time to foreclose ...

Credit Acceptance has reportedly laid off about 5% of its workforce, with the cuts occurring on April 16, 2026, ahead of its first‑quarter earnings release. What happened Auto Finance News reported that auto financier Credit Acceptance laid off 5% of ...

The 40‑year‑old furniture chain that just filed for Chapter 11 is SuperNova Furniture, a six‑store home furnishings retailer based in the Houston, Texas area. Who filed and where The company is SuperNova Furniture, founded about 40 years ago by Ana ...

U.S. bank profits are rising sharply again, driven mainly by a rebound in investment‑banking and stronger non‑interest income, with some help from healthier net interest margins at certain institutions. What’s happening The FDIC reported that industry‑wide U.S. bank profits jumped ...

The FTC is asking for public comment on the proposed rule. | Photo: Shutterstock The Federal Trade Commission is considering a crackdown on third-party delivery charges. The consumer watchdog on Thursday proposed a new rule that would address how apps ...