Madeline Sponlser, FISM News [elfsight_social_share_buttons id=”1″] A U.S. bank regulator approved a new rule on Friday that will make it easier for banks to hire individuals with minor criminal records, expanding the pool of potential candidates and leveling the playing field for aspiring bank workers. The Federal Deposit Insurance Corporation’s new rule aims to reduce […]

Madeline Sponsler, FISM News [elfsight_social_share_buttons id=”1″]  A Singaporean man who set up a fake consulting site to solicit information from U.S. government and military workers has pleaded guilty to acting as an illegal agent of Chinese intelligence, the Justice Department said on Friday. Sentencing for Jun Wei Yeo, also known as Dickson Yeo, will be […]

Madeline Sponsler, FISM News [elfsight_social_share_buttons id=”1″] China ordered the United States on Friday to close its consulate in the city of Chengdu, responding to a U.S. demand for China to close its Houston consulate, as relations between the world’s two largest economies deteriorate. The order to close the Chengdu consulate in southwestern China’s Sichuan province […]

Madeline Sponslers, FISM News [elfsight_social_share_buttons id=”1″] U.S. President Donald Trump on Friday signed four executive orders aiming at lowering prices that Americans pay for prescription drugs as he faces an uphill re-election battle and criticism over his handling of the coronavirus pandemic. One order would allow for the legal importation of cheaper prescription drugs from […]

Samuel Case, FISM News [elfsight_social_share_buttons id=”1″] Institutional Republicans in the Senate are receiving some pushback from the more fiscal conservatives in their midsts over a proposed $1 trillion coronavirus relief package that is hoped to pass this week, before $600 a week unemployment benefits expire. Majority Leader Mitch McConnel has said his goal is to […]

Madeline Sponsler, FISM News [elfsight_social_share_buttons id=”1″] Multiple U.S. states are investigating Apple Inc for potentially deceiving consumers, according to a March document obtained by a tech watchdog group. The Texas attorney general may sue Apple for violating the state’s deceptive trade practices law in connection with the multi-state investigation, according to the document, which was […]

Madeline Sponsler, FISM News [elfsight_social_share_buttons id=”1″] The Federal Reserve Board announced broadened access to three of its lending facilities designed to provide a credit backstop to firms hurt in the coronavirus crisis, allowing broker-dealers that meet certain minimums to participate. To get the programs the Term Asset-Backed Securities Loan Facility, the Commercial Paper Funding Facility, […]

Madeline Sponsler, FISM News [elfsight_social_share_buttons id=”1″]  In a virtual news conference with Reuters Newsmakers, Brian Chesky shared his thoughts on the state of the travel industry amid the pandemic and shared a hopeful vision for Airbnb’s future.  “In trying times, people want joy and they’re looking for it”, Chesky said, adding he thinks Airbnb can […]