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Ken Sweet

Stay informed with Ken Sweet’s coverage and analysis.

Biden administration eases Wells Fargo oversight, saying bank has sufficiently fixed its toxic culture after years of scandals
FinanceBiden administration eases Wells Fargo oversight, saying bank has sufficiently fixed its toxic culture after years of scandals
By Ken Sweet and The Associated PressFebruary 16, 2024
North Carolina
FinanceFirst National Bank caught ignoring Black, Latino neighborhoods in North Carolina as redlining mortgage scandal grows
By Ken Sweet and The Associated PressFebruary 6, 2024
Joe Biden
PoliticsThat bank charge from a transaction getting declined in real time is another ‘junk fee,’ Biden’s CFPB claims
By Ken Sweet and The Associated PressJanuary 25, 2024
Close up of hand holding credit cards.
Personal FinanceBank overdraft fees could drop to $3 under new Biden proposal: ‘Banks call it a service—I call it exploitation’
By Ken Sweet, Cora Lewis and The Associated PressJanuary 17, 2024
‘We are not where we need to be’: Boeing vows to step up quality inspections on 737 Max planes after door panel blowout
Finance‘We are not where we need to be’: Boeing vows to step up quality inspections on 737 Max planes after door panel blowout
By Ken Sweet and The Associated PressJanuary 16, 2024
Taylor Swift performs onstage during "Taylor Swift | The Eras Tour"
FinanceElon Musk, Taylor Swift, inflation and AI—here are the business stories that dominated 2023
By Paul Wiseman, Ken Sweet and The Associated PressDecember 20, 2023
CEOs from left, Charles Scharf, Wells Fargo, Brian Moynihan, Bank of America, Jamie Dimon, JPMorgan Chase, Jane Fraser, Citigroup, and Ronald O'Hanley, State Street, testify during the Senate Banking, Housing, and Urban Affairs Committee hearing
FinanceWall Street’s biggest rivals unite on Capitol Hill to slap down Biden’s proposed changes to how banks are regulated: ‘It just doesn’t make sense’
By Ken Sweet and The Associated PressDecember 7, 2023
FTX founder Sam Bankman-Fried’s former hedge fund chief (and ex-girlfriend) Caroline Ellison says he hoped to be U.S. president someday
CompaniesFTX founder Sam Bankman-Fried’s former hedge fund chief (and ex-girlfriend) Caroline Ellison says he hoped to be U.S. president someday
By Ken Sweet, Larry Neumeister and The Associated PressOctober 11, 2023
FEMA has paid Maui fire survivors $4 million so far—and overall damage in the area could top $3 billion
EnvironmentFEMA has paid Maui fire survivors $4 million so far—and overall damage in the area could top $3 billion
By Ken Sweet, Mae Anderson and The Associated PressAugust 18, 2023
Citigroup says slavery indirectly helped its predecessor companies, joining a wave of businesses reexamining their troubled pasts
FinanceCitigroup says slavery indirectly helped its predecessor companies, joining a wave of businesses reexamining their troubled pasts
By Ken Sweet and The Associated PressJuly 27, 2023
Bank of America CEO Brian Moynihan.
FinanceBank of America caught opening accounts without consent, withholding customer reward bonuses and ‘double-dipping’ on overdraft fees
By Ken Sweet, Michelle Chapman and The Associated PressJuly 12, 2023
Check fraud has gotten so rampant that postal officials are warning Americans to avoid mailing checks
FinanceCheck fraud has gotten so rampant that postal officials are warning Americans to avoid mailing checks
By Ken Sweet and The Associated PressJune 13, 2023
PayPal and Venmo users shouldn’t store money on the apps long term because the funds might not be safe during a crisis, federal watchdog warns
FinancePayPal and Venmo users shouldn’t store money on the apps long term because the funds might not be safe during a crisis, federal watchdog warns
By Ken Sweet and The Associated PressJune 2, 2023
Jamie Dimon responds emphatically to lawsuit over sex trafficker Jeffrey Epstein: ‘I’ve never met Jeff Epstein. I never knew Jeff Epstein’
FinanceJamie Dimon responds emphatically to lawsuit over sex trafficker Jeffrey Epstein: ‘I’ve never met Jeff Epstein. I never knew Jeff Epstein’
By Larry Neumeister, Ken Sweet and The Associated PressMay 31, 2023
The chiefs of failed banks will be in the Senate hot seat today about what went wrong—and why CEOs were paid millions
SuccessThe chiefs of failed banks will be in the Senate hot seat today about what went wrong—and why CEOs were paid millions
By Ken Sweet and The Associated PressMay 16, 2023
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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
Personal Finance
Current price of oil as of June 10, 2026placeholder alt text
By Joseph HostetlerJune 10, 2026
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