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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
Finance
Biden 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
Finance
First 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
Politics
That 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 Finance
Bank 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"
Finance
Elon 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
Finance
Wall 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
Companies
FTX 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
Environment
FEMA 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
Finance
Citigroup 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.
Finance
Bank 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
Finance
Check 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
Finance
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
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’
Finance
Jamie 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
Success
The 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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Most Popular
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunchplaceholder alt text
By Marco Quiroz-GutierrezJuly 1, 2026
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last yearplaceholder alt text
By Sydney LakeJune 25, 2026
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away fasterplaceholder alt text
By Preston ForeJune 27, 2026
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