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Ken Sweet

Stay informed with Ken Sweet’s coverage and analysis.

Klarna IPO on Wall Street
Big TechKlarna made a solid debut on the New York Stock Exchange with shares up 15% in first day of trading
By The Associated Press and Ken SweetSeptember 10, 2025
Big banks all pass the Fed’s less vigorous stress tests, clearing the way for dividends and buybacks
FinanceBig banks all pass the Fed’s less vigorous stress tests, clearing the way for dividends and buybacks
By Ken Sweet and The Associated PressJune 28, 2025
Wells Fargo let out of the doghouse as Fed lifts restrictions placed on it in 2018 over its fake-accounts scandal
FinanceWells Fargo let out of the doghouse as Fed lifts restrictions placed on it in 2018 over its fake-accounts scandal
By Ken Sweet and The Associated PressJune 4, 2025
Jamie Dimon
FinanceBank profits slide as people struggle with debt
By Ken Sweet and The Associated PressJuly 12, 2024
Jane Fraser
FinanceCitigroup has now been fined more than half a billion dollars for risk issues. CEO Jane Fraser has staked her tenure on fixing the bank
By Ken Sweet and The Associated PressJuly 10, 2024
FDIC chair who quit following report of workplace stalking and harassment will be replaced by Georgetown law professor Christy Goldsmith Romero
PoliticsFDIC chair who quit following report of workplace stalking and harassment will be replaced by Georgetown law professor Christy Goldsmith Romero
By Ken Sweet and The Associated PressJune 14, 2024
‘Cafes’, ‘community centers’ and ‘third spaces’—Banks are redesigning branches to remind you of anything but banks
Finance‘Cafes’, ‘community centers’ and ‘third spaces’—Banks are redesigning branches to remind you of anything but banks
By Ken Sweet and The Associated PressJune 10, 2024
Abrupt bankruptcy of financial middleman Synapse freezes bank accounts of tens of thousands of U.S. businesses and consumers
FinanceAbrupt bankruptcy of financial middleman Synapse freezes bank accounts of tens of thousands of U.S. businesses and consumers
By Ken Sweet and The Associated PressMay 23, 2024
Mastercard says it expects new AI software to find compromised credit and debit cards quicker—before they get used by criminals
TechMastercard says it expects new AI software to find compromised credit and debit cards quicker—before they get used by criminals
By Ken Sweet and The Associated PressMay 22, 2024
President Joe Biden speaks at podium
FinanceJoe Biden’s plan to slash $14 billion in credit-card late fees is halted by a federal judge in Texas
By Ken Sweet and The Associated PressMay 11, 2024
Jamie Dimon
FinanceJamie Dimon calls on America to unite amid ‘great crises’ to protect ‘essential freedoms, including free enterprise’
By Ken Sweet and The Associated PressApril 8, 2024
Rohit Chopra
FinanceJudge calls out banking industry for choosing Texas court to challenge credit card fee caps—’Venue is not a continental breakfast’
By Ken Sweet and The Associated PressMarch 28, 2024
Steven Mnuchin
FinanceMnuchin to the rescue as commercial real estate loan victim NYCB secures over $1 billion lifeline
By Stan Choe, Ken Sweet and The Associated PressMarch 6, 2024
Joe Biden
PoliticsBiden’s CFPB cracks down on credit card late fees, caps them at $8
By Ken Sweet, Josh Boak and The Associated PressMarch 5, 2024
Customers make a transaction at a Capital One ATM
FinanceCapital One’s deal to buy Discover for $35 billion ‘will shrink the marketplace a little more now,’ credit card analyst says
By Ken Sweet and The Associated PressFebruary 20, 2024
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Most Popular
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longerplaceholder alt text
By Sasha RogelbergJune 10, 2026
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese militaryplaceholder alt text
By Kate O'Keeffe and BloombergJune 8, 2026
Innovation
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45placeholder alt text
By Amanda GerutJune 9, 2026
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