The Trump family has refiled a lawsuit against Capital One, alleging the bank closed hundreds of accounts linked to them for political reasons after the January 6, 2021 Capitol attack. The new complaint, submitted by Eric Trump on behalf of The Donald J. Trump Revocable Trust, claims the bank acted due to the political climate, though it removes previous language accusing the bank of "woke" debanking. Capital One denies these claims. A judge had dismissed the original lawsuit for lacking detail but allowed the family to refile by mid-July 2026. The case highlights ongoing tensions around alleged political bias in banking and intersects with political scrutiny over a Capital One executive nominated to lead the Consumer Financial Protection Bureau.
Capital One has completed moving its debit cards to the Discover network and is now testing the migration of its credit cards to the same network. The company reported a 26% year-over-year increase in credit card purchase volume, reaching $253.8 bill...
Wall Street is preparing for a volatile week with major earnings reports from Big Tech companies like Alphabet and Tesla, which are seen as key tests for the AI-driven market rally. Over 70 S&P 500 companies, including IBM, Intel, and American Expres...
David H. Lerner remains optimistic about the stock market, focusing on aerospace, defense, biotech, AI, and semiconductors like Micron and Nvidia, which he views as undervalued despite recent sector sell-offs. He highlights supportive factors such as...
The Capital One Spark Cash business credit card is offering a limited-time bonus of $1,000 cash back plus a $250 travel credit when you spend $10,000 within the first 3 months. This bonus, combined with the card's unlimited 2% cash back on all purcha...
