Ken Sweet
All Stories

Jeffrey Epstein victims settle sex trafficking lawsuit against JPMorgan for $290 million
JPMorgan Chase announced a tentative $290 million settlement Monday with the victims of Jeffrey Epstein who had accused the bank of being the financial conduit that allowed the financier to...

Wells Fargo to pay $3.7B over consumer law violations
WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed customers by charging illegal fees and interest on auto loans and...

FTX founder charged in scheme to defraud crypto investors
NEW YORK (AP) — The U.S. government charged Samuel Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes on Tuesday, alleging he intentionally...

As “buy now, pay later” plans grow, so do delinquencies
Americans have grown fond of “buy now, pay later” services, but the “pay later” part is becoming increasingly difficult for some borrowers.

Ruble plummets as sanctions bite, sending Russians to banks
MOSCOW (AP) — Ordinary Russians faced the prospect of higher prices and crimped foreign travel as Western sanctions over the invasion of Ukraine sent the ruble plummeting, leading uneasy depositors...

West unleashes SWIFT bans, more crushing penalties on Russia
The United States and European nations agreed Saturday to impose the most potentially crippling financial penalties yet on Russia over its unrelenting invasion of Ukraine, going after the central bank...

U.S. death toll from COVID-19 hits 900,000, sped by omicron
Propelled in part by the wildly contagious omicron variant, the U.S. death toll from COVID-19 hit 900,000 on Friday, less than two months after eclipsing 800,000.

U.S. death toll from COVID-19 hits 900,000, sped by omicron
Propelled in part by the wildly contagious omicron variant, the U.S. death toll from COVID-19 hit 900,000 on Friday, less than two months after eclipsing 800,000.

Stocks sink on new COVID variant; Dow loses 905 points
Stocks sank Friday, with the Dow Jones Industrial Average briefly falling more than 1,000 points, as a new coronavirus variant first detected in South Africa appeared to be spreading across...

Americans sour on economy amid inflation woes, according to poll
Americans’ opinions on the U.S. economy have soured noticeably in the past month, a new poll finds, with nearly half expecting economic conditions to worsen in the next year.