Google bans payday loan ads in search and ad platform policy
Google will no longer accept payday loan advertisements under its AdWords rules, effective July 13, amid consumer group pressure. The change targets loans due within 60 days or with APRs at 36 percent or higher in the United States, while other loan types remain eligible. Critics say the policy unfairly censors legitimate lenders and could curb predatory online lending practices.
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Google
David Graff
Consumer Financial Protection Bureau
Facebook
Microsoft
Yahoo
No serious violations found in VW executives probe
Preliminary results from Volkswagen Group internal inquiry say past and present top executives faced no serious violations. VW will not release details before late 2016 due to ongoing U S criminal investigation concerns. Morley Safer of 60 Minutes to retire after 46 years and more than 900 reports.
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Volkswagen Group
U.S. Justice Department
60 Minutes
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Morley Safer
CBS
CBS News
Bjarke Ingels
Bezos Rises to Fourth Richest Globally on Bloomberg List
Amazon founder Jeff Bezos climbs to fourth richest with an estimated net worth of 61.7 billion as Amazon stock reaches 713.23 a share this week. The Bloomberg Billionaires Index places Buffett at about 679 billion, widening or narrowing gaps as markets shift.
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Jeff Bezos
Bloomberg
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USA SNAPSHOTS Average CD yields As of Wednesday
The report lists average certificate of deposit yields in financial markets as of Wednesday, highlighting rate levels for various term maturities and noting changes from prior periods. Investors examine the data for clues on near term liquidity and income opportunities amid shifting interest rate expectations.
Rates.usatoday links expand banking rate coverage
The user requests to locate more interest rates at rates.usatoday.com with a Source Bankrate.com note. The instruction is to provide a concise historical newspaper style card, preserving named entities and concrete facts from the source.
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Four ways Brexit could damage global markets
The article outlines four main risks of a British exit from the EU. It highlights potential shocks to stock and currency markets, weaker UK growth and negative spillovers for the EU, and shifts in trade negotiations. It cites analysts from Bank of America, IMF, and local economists, and notes opinions from Obama and Boris Johnson.
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Joseph Quinlan
Bank of America Global Wealth & Investment Management
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European Free Trade Association
Open
U.S
Alastair Archbold
National Institute of Economic and Social Research
East & Partners
United States
Boris Johnson
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