Ken Sweet

September 20, 2023 | Daily Business Review

A growing number of Americans are finding it difficult to afford insurance on their homes, a problem only expected to worsen because insurers and lawmakers have underestimated the impact of climate change, a new report says.

By Ken Sweet

7 minute read

November 16, 2022 | Daily Business Review

Other cryptocurrency firms are failing as a result of FTX's unraveling, events reminiscent of the dominolike meltdowns of the 2008 financial crisis.

By Ken Sweet and Thalia Beaty

5 minute read

November 14, 2022 | Daily Business Review

Sam Bankman-Fried, who founded FTX in 2019 and was recently valued at $32 billion, attracted investments from the highest echelons of Silicon Valley.

By Ken Sweet

6 minute read

September 21, 2022 | Daily Business Review

JPMorgan CEO and Chairman Jamie Dimon said that Americans are currently being "crushed" by inflation.

By Ken Sweet

4 minute read

August 04, 2022 | Daily Business Review

This year, crypto investors have seen prices plunge and companies crater with fortunes and jobs disappearing overnight, and some firms have been accused by federal regulators of running an illegal securities exchange.

By Fatima Hussein and Ken Sweet

5 minute read

May 25, 2022 | Daily Business Review

Treasury Secretary Janet Yellen said the window existed "to allow a period of time for an orderly transition to take place, and for investors to be able to sell securities. The expectation was that it was time-limited."

By Ken Sweet and Fatima Hussein

4 minute read

December 13, 2021 | Daily Business Review

Bank of America Chairman and CEO Brian Moynihan said spending on the bank's debit and credit cards has surged as the economy recovered from recession.

By Ken Sweet

4 minute read

September 21, 2017 | Daily Business Review

The Consumer Financial Protection Bureau could have fined Wells Fargo in excess of $10 billion for its illegal sales practices but instead settled for $100 million, according to the agency's internal documents released by congressional Republicans this week.

By Ken Sweet

4 minute read

April 25, 2017 | Daily Business Review

Even after apologies, Wells Fargo leaders face protests at its first major shareholder meeting since a scandal broke over the creation of unauthorized accounts.

By Ken Sweet

9 minute read

March 22, 2017 | Daily Business Review

Wells Fargo plans to upgrade all 13,000 of its ATMs next week to allow customers to access their funds using their cellphones instead of traditional bank cards.

By Ken Sweet

8 minute read