banks

Julie Jacobson / AP

Bank of America said last month it would stop doing business with companies that make “military firearms for civilian use.” But now the bank is lending to Remington Outdoor, the company that makes the same type of military-style guns used in many of the recent mass shootings.

Andrew Harnik / AP

The largest teachers union in the country is ending its relationship with Wells Fargo because the bank does business with the gun industry and the NRA.

Evan Vucci / AP

Across the country, small bankers are calling a compromise in the U.S. Senate a “game changer” that will boost the economy, not just in big cities, but in smaller communities often ignored by the “Too Big To Fail” banks. But watchdogs and academics say the bill rolls back major parts of the Dodd-Frank financial reform bill.

Courtesy of Pixabay

Bank profits continue to rise. A report out by the FDIC says bank earnings for the first quarter of this year rose 13 percent. That's on top of what was already a record setting year in 2016. Higher interest rates account for most of the gains.

Of the top 100 cities around the country with homes under water financially, Hartford has the most. More than half of homeowners there owe more than their homes are worth, according to a study out Thursday. 

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