CFPB fines Equifax $15 million for errors on credit reports

CFPB fines Equifax million for errors on credit reports

Key Points

The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors.
The CFPB alleged the credit bureau failed to properly investigate consumer disputes.
Credit reports have a significant impact on consumer finances, experts said. They may dictate someone’s success in qualifying for a loan, renting an apartment or getting a job.

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Finance

Kalshi traders see April jobs report coming in better than economists’ estimates

May 4, 2026

Key Points If Kalshi traders are right, it would be the first month of back-to-back job growth since May 2025. Traders aren’t confident of a big beat, though. They assign just a 30% chance the report will come in at 100,000 jobs gained or more. Source

Finance

Traffic in the Strait of Hormuz won’t return to normal until August or later, according to Kalshi traders

May 4, 2026

Key Points Traders think there’s a 59% chance traffic returns to normal by September 1. Odds that happens by August are hovering around 50%. Kalshi defines normal traffic flows on the contract as the 7-day moving average of transit through the strait crossing 60 based on data from IMF PortWatch. Source

Finance

Stocks making the biggest moves midday: Berkshire, AMD, Circle, FedEx, UPS & more

May 4, 2026

Check out the companies making the biggest moves in midday trading. Logistics firms — Shares of logistics companies were under pressure after Amazon said it would launch Amazon Supply Chain Services , its own freight, distribution, fulfillment and parcel shipping business. GXO Logistics shed 11%, UPS fell about 10%, while FedEx and C.H. Robinson each […]