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Capital One Shuts Down Discover’s Home Equity Lending

Article Summary Capital One Financial Corp. has announced the closure of Discover’s home equity and mortgage refinance lending business following a strategic review of its...

Six-Figure Paycheck Seen as Essential by Many Americans

Financial

Article Summary A May 2025 Bankrate survey found that 77% of U.S. adults don’t feel financially secure, and more than one-quarter say they’d need to earn $150,000 or more...

Affordable Used Cars Are Disappearing Fast

Automotive

Article Summary A new study from iSeeCars reveals a dramatic decline in affordable used vehicles, especially those priced under $20,000. In 2019, nearly half (49.3%) of all...

BofA’s Head of Branches: ‘Proximity Is Still Important to People’

Financial, Real Estate

Article Summary Despite the rise of digital banking, Bank of America continues to emphasize the importance of physical branches in maintaining customer relationships and...

Payments Firms Dominate Fintech Revenue Growth

Financial

Article Summary Payments firms continue to lead the fintech sector, accounting for $126 billion of the $378 billion in global fintech revenues in 2024. Despite fintech representing only 3% of overall banking and insurance revenues, the industry saw...

When Financial Therapy Becomes a Necessary Step

Financial, Health Care

Article Summary: Financial therapy is gaining traction as individuals recognize the emotional and psychological impact of money-related stress. The article highlights four key signs that indicate it may be time to seek professional guidance:...

Wells Fargo Exits Rail Leasing in $4.4B Strategic Shift

Financial

Article Summary: Wells Fargo has agreed to sell its $4.4 billion rail equipment leasing business to a joint venture between Brookfield Infrastructure and GATX Corporation. The deal includes approximately 105,000 railcars, 23,000 finance lease...