Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 7, 2022.  Brendan Mcdermid | Reuters Stocks rose Friday as investors returned to buying equities in force in recent days following a short-lived market stumble to start the new year. The S&P 500 rose around 0.7%, trading … Read more

Biden administration unveils proposed changes to big banks’ overdraft fees

The Consumer Financial Protection Bureau headquarters in Washington. Samuel Corum/Bloomberg via Getty Images WASHINGTON — The Consumer Financial Protection Bureau on Wednesday unveiled long-awaited changes to how the nation’s biggest banks structure overdraft protection plans. The independent watchdog agency said the new rule closes a loophole that for decades has exempted overdraft loans from the … Read more