KEN SWEET,

Ken Sweet is an AP Business writer. He covers banking and consumer finance issues from New York. IsValidBiography: true

Biography:  https://apnews.com/author/ken-sweet

63%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

85%

Examples:

  • The article implies that banks are unfairly profiting from overdraft fees and opposes the Biden administration's efforts to regulate them.

Conflicts of Interest

50%

Examples:

  • The article does not disclose any potential conflicts of interest of its author.
  • The article presents the banking industry's perspective without mentioning other stakeholders such as customers, regulators, or smaller banks and credit unions.

Contradictions

85%

Examples:

  • The article contradicts itself by acknowledging some safeguards but not others.
  • The article does not provide any evidence or data on how overdraft fees affect consumers or banks.

Deceptions

50%

Examples:

  • The article does not address the potential impact of overdraft fee regulations on consumers.
  • The article uses vague terms like 'junk fees' and 'safeguards' without defining them or providing context.

Recent Articles

Biden Proposes Eliminating Billions in Overdraft Fees Charged by Banks to Customers

Biden Proposes Eliminating Billions in Overdraft Fees Charged by Banks to Customers

Broke On: Wednesday, 17 January 2024 The Biden administration proposes a new rule to eliminate billions of dollars in overdraft fees charged by banks, which could potentially save customers from paying junk fees. Under the proposal, banks would only be able to charge what it costs them to provide overdraft services and this cost would have to be shown to the Consumer Financial Protection Bureau (CFPB). The nation's biggest banks still take in roughly $8 billion in overdraft fees every year.