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Bank of America accused of opening fake accounts and charging illegal junk fees

Federal regulators said Tuesday they found that Bank of America harmed customers by double-dipping on fees, withholding credit card rewards and opening fake accounts, all of which are violations of various consumer financial protection laws.  
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Will inflation come down this year? We're about to get a big clue

This week kicks off the second quarter earnings season, when firms in the US report on how much money they made (or didn’t make) from April through June of 2023. It also brings a slew of new inflation data.  
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McDonald's is getting rid of these sweet menu items

McDonald’s is discontinuing its selection of baked goods less than three years after their debut.  
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'Too much': Burger King's new offering in Thailand has no meat and 20 slices of cheese

Burger King is causing a stir in Thailand with its new offering: a burger with no meat and a jaw-dropping amount of cheese.  
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PGA Tour officials say they had no choice but to reach deal with the Saudis

Two top officials of the PGA Tour said the sport’s governing body had no choice but to reach a truce in its yearlong battle with LIV Golf and try to reach a merger with the Saudi-funded tour.  
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Sweltering Americans have fewer protections against power shutoffs this summer

With another searing heat wave blanketing parts of the United States this week, many Americans are sweating being able to afford their air conditioning. And often there’s not a lot of public assistance available.  
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Source: CNN Business