Today, two of the nation's largest oil companies, Exxon and Chevron, reported their latest quarterly profits, together bringing in an eye-popping $31 billion this quarter, racking up nearly $73 billion in profit this year as they continue to price gouge consumers.
Shell Posts $30 Billion in Profits After Price Gouging Consumers, Plans To Spend $4 Billion More on Stock Buy Backs
Today, Shell announced their massive quarter three profits racking up $9 billion this quarter, bringing in over $30 billion in profit this year as they continue to price gouge consumers. This marks a 133% increase in profit margins compared to the first nine months of 2021. At the same time, American consumers have been overburdened with historical
Watchdog: Amazon Resumes Donations to Election Objectors, Argues Violent Insurrection Is So Last Year
Washington D.C. – Online retail giant Amazon has reopened the checkbook for members of Congress who voted against certifying the 2020 presidential election in the immediate aftermath of the insurrection at the U.S. Capitol.
Government watchdog Accountable.US applauded the Consumer Financial Protection Bureau’s announcement today that stands to save consumers billions each year by taking the first step towards curbing abusive and surprise overdraft fees imposed by banks across the country. The guidance marks a major milestone in the CFPB’s initiative.
Watchdog: Judge That Took Financial Industry’s Side Against CFPB Constitutionality Took Thousands In Campaign Cash From Banks
Government watchdog Accountable.US condemns the 5th U.S. Circuit Court of Appeals ruling that the Consumer Financial Protection Bureau’s funding mechanism is unconstitutional – a case filed by the payday lending industry in a targeted attempt to undermine the power of the CFPB.
A new analysis from watchdog Accountable.US found that five publicly-traded companies have already announced nearly $1.5 billion in accelerated share repurchase (ASR) programs —potentially avoiding the roughly $15 million they would owe under the Inflation Reduction Act’s new 1% stock buyback tax—after spending $2.5 billion on buybacks.
The Labor Department’s latest Consumer Price Index (CPI) report makes clear that corporate greed remains a primary driver of inflation.
Ahead of Jan. 6th Hearing, Fortune 100 Companies Notified That Too Many Have Failed to Defend Democracy
With the January 6th Committee expected to release its latest findings today on how close the nation came to losing its democracy, Accountable.US issued letters today to the CEOs of all Fortune 100 companies detailing how the majority of companies have not done their part to protect democracy, despite overwhelming public demand for businesses to do
REPORT: Corporate Interests Have Now Donated Over $27M To Election Objectors Since The Jan. 6 Coup Attempt
Today government watchdog Accountable.US released an updated analysis showing that Fortune 500 companies and corporate trade associations donated over $1.6 million in August alone to those in Congress who voted against certifying the 2020 election in the immediate aftermath of the violent insurrection on January 6.
A new analysis from Accountable.US has found that in the first half of 2022, just three of these “megabanks”—Bank of America, Wells Fargo, and JPMorgan Chase—have together reported over $37 billion in net income while reaping $7.8 billion in revenue from service charges on consumers’ deposit accounts, including over $1.6 billion from overdraft fees