Financial Harm News Today

In 2022, for the first time, the Financial Conduct Authority (FCA) published a three-year strategy setting out three key themes for promoting positive change, namely: (1) reducing and...

Fox Corp. can proceed with its claims that Smartmatic Corp.’s $2.7 billion defamation lawsuit wildly exaggerates the financial harm it suffered from broadcasts falsely accusing it of rigging the 2020 US election, a New York judge ruled.

The Southern District Court of Ohio on Friday heard oral arguments from the federal government and the Chamber of Commerce in the latter’s lawsuit challenging the Medicare Drug Price Negotiation Program, with both sides rehashing long-held assertions. The Chamber has requested that the Medicare negotiation program be blocked from operating, with the organization asking for…

While many borrowers are preparing to make payments on their student loans when they restart in October, others are ignoring their accounts and going on what has been labeled a “student debt strike.” A movement led by the student loan group Debt Collective, the strike is not as clear cut as it seems. In contrast…

The Consumer Financial Protection Bureau accused Bank of America of knowingly harming customers and ordered the bank to pay millions in penalties because of it.

The Financial Conduct Authority has set out its business plan for the next twelve months, which outlines additional investment into key four areas.

Telecommunications industry regulator the Australian Communications and Media Authority (ACMA) will focus on combating SMS and identity theft phone sc...