Wells Fargo's Corset
The Federal Reserve just told Wells Fargo it can't grow. On today's show: Why that's a big deal for Wells Fargo, and for other big banks.
Business
Samsung's Lee Jae-Yong Walks Free After Court Reduces Bribery Sentence
The scandal, in which Lee was sentenced to five years in jail only last August, brought down the government of President Park Geun-hye.
Super Bowl Ads 2018: The Best, The Weirdest And The Most Complicated
Advertisers were careful about which messages they showcased this year, and the results felt handcuffed — so cautious that they were just, well, disappointing.
Hasbro Announces 'Monopoly' For Cheaters
Apparently so many people cheat, Hasbro decided to make a version of the game where you get rewarded for doing bad stuff like moving another player's token or stealing money from the bank.
Lloyds Says It Will Block Bitcoin Purchases On Its Credit Cards
The largest British bank becomes the first to impose such a ban. Reports suggest that Lloyds fears that it could end up with unpaid debt if the cryptocurrency falls further.
Fed Hits Wells Fargo With Penalty For 'Widespread Consumer Abuses'
At issue are abuses committed in a massive consumer banking scandal, when millions of Wells Fargo customers were given checking accounts and credit cards they never asked for.
Interest Rates Are Rising. What Does That Mean For Investors?
The job market continues to tighten which is helping to push up wages. That in turn, is driving up consumer spending. All of that economic activity is pushing interest rates higher.
Fed Slaps Unusual Penalty On Wells Fargo Following 'Widespread Consumer Abuses'
The Fed announced Friday that the bank is forbidden from growing beyond its current size and pushed for the ouster of four board members after the bank admitted to a fake account scandal.
Advertisers Say The Influential Male Demographic Is Waning
Men between the ages of 18 and 34 have been a key demographic for marketers for years. That's starting to change, say some marketing experts, who say the economic fortunes of these men have declined.
Janet Yellen Helped Steer An Economy In Crisis To Stability
Yellen ends her term Saturday as the first woman to chair the Federal Reserve. NPR's Michel Martin talks with Financial Times editor Rana Foroohar about her career and what lies ahead.