12:18 PM EDT, 04/03/2024 (MT Newswires) -- The American Bankers Association said Monday the rules proposed by the Consumer Financial Protection Bureau reinterpret overdrafts as credit while imposing a usury cap, contradicting a founding statute that prohibits the bureau from setting interest rates. The proposed amendments to Regulation Z conflict with the text of the Truth in Lending Act, the...

12:17 PM EDT, 04/03/2024 (MT Newswires) -- SPAR Group (SGRP) said Wednesday its board has approved a repurchase plan of up to 2.5 million shares. Shares of the company jumped nearly 11% in recent trading. Price: 1.70, Change: +0.22, Percent Change: +10.81 ...

April 3 (Reuters) - Global venture capital investments fell to a near five-year low in the first three months of 2024, according to investment intelligence firm PitchBook, as high interest rates weighed on funding for companies despite big investments in the AI space. Investors poured $75.9 billion in the January-to-March period, their lowest since the second quarter of 2019, PitchBook...

12:21 PM EDT, 04/03/2024 (MT Newswires) -- Frontier Group Holdings' ( ULCC ) Frontier Airlines unionized flight attendants are not in favor of overhauling the airline's operations as their labor agreement doesn't cover the changes, Reuters reported Wednesday, citing a letter to Frontier Chief Executive Barry Biffle. The Association of Flight Attendants union said in the letter it will file...