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The Zelle peer-to-peer payment network is owned by seven of the largest US banks and has more than 2

JPMorgan Chase, Bank of America and Wells Fargo sued for failing to prevent fraud on Zelle

By Jeanne Sahadi, CNN (CNN) — The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and the operator of Zelle, the most widely available peer-to-peer payment system, “for allowing fraud to fester” on that network. CFPB alleges that, as a result, hundreds of thousands of customers

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The Fed’s go-to inflation gauge ticked up less than expected last month

By Alicia Wallace, CNN (CNN) — The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a worrisome fashion. Still, cost of living concerns are growing as 2025 approaches and uncertainty widens about potential inflationary global events

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People can’t get enough of LongHorn Steakhouse and Olive Garden

By Jordan Valinsky, CNN New York (CNN) — It’s not just Chili’s that Americans are obsessed with. Darden Restaurants, which owns Olive Garden and LongHorn Steakhouse, reported better-than-expected sales at those two chains, helping propel its stock 9% higher in premarket trading Thursday. LongHorn sustained its momentum and posted same-store sales growth of 7.5%, outperforming

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Online dating is about to radically change

By Samantha Murphy Kelly, CNN (CNN) — Personalized chatbots dating other chatbots on your behalf. AI concierges fielding questions about potential matches. Advanced algorithms predicting compatibility better than ever before. Dating apps are on the cusp of a major transformation. As much of the tech industry grapples with how to integrate artificial intelligence into its

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