The bank will pay $1.25 billion in forfeiture (the largest forfeiture ever in this type of case) and pay $655 million in civil penalties. More
Posts by Newser
Unemployment Rate at 4-Year Low
The unemployment rate fell from 7.9% to 7.7% in November, but you should care less than usual. Here’s why. More
Money Mayhem: Starbucks Releases $450 Gift Card
Starbucks has announced that it will sell a limited run of exclusive gift cards crafted from steel and preloaded with a $400 credit. More
Congress Might Discontinue the $1 Bill
Congress would replace the bills with the $1 coin, a move that would save taxpayers $4.4 billion over the next three decades. More
Could We Be Closer to A Fiscal Cliff Deal Than We Realize?
Depending on who you ask, the fiscal cliff confrontation in Washington is either a massive standoff, or a massive mirage. More
After Cyber Monday, Giving Tuesday
Charitable groups have dubbed tomorrow, the day after Cyber Monday, “Giving Tuesday.” How does it work? More
Amazon Now Sells Wine
Amazon launched its wine market, featuring bottles from more than 1,000 domestic brands, ready to ship to a dozen states and Washington, DC. More
Theater Avoids Ticket Tax By Selling Admission Carrots
Why not sell carrots (yes, the vegetable), instead of tickets? One theater owner tries something new. More
Survey Says the Most Important Part of Working Is …
Deadlines? Attention to detail? According to a new survey, workers’ top priority might surprise you. More
Pre-Election Unemployment Rate Improving
The last jobs report before the election hit Friday, and it was a good one. More