Money
Amazon agreed to a $2.5 billion settlement after the Federal Trade Commission accused the company of misleading customers into Prime memberships and making cancellations difficult. The company will pay a $1 billion civil penalty and return $1.5 billion to affected consumers, the FTC announced Thursday. The deal came just days after the trial started in […]
Money stress isn’t just hitting wallets; it’s stealing rest. A survey found that more than three-quarters of Americans report losing sleep over money concerns. Of those, 52% say their sleepless nights come from personal finances, followed closely by family issues (47%), mental health (39%), health problems (37%), and the economy (35%). The top concern? Paying […]
Six co-workers who call themselves “The Money Team” are celebrating after scoring a $100,000 Powerball prize. The group includes Dwane Heyward of Georgetown, South Carolina; Keshia Gary of Southern Pines; Thomasine Hairston of Bennettsville, South Carolina; Saad Pressley of Rockingham; Genesis McLaurin of Hamlet; and Kaprise McLean of Laurinburg. They’ve made a tradition of pooling […]
It turns out kids meals aren’t just for kids anymore, almost half of U.S. adults say they’re ordering from restaurant kids menus to save money and get smaller portions, according to new research. A survey by Lightspeed Commerce, a point-of-sale technology provider for restaurants, found that 44% of adults are now opting for kids meals. […]
If you’ve found yourself breaking up your grocery bill into payments, you’re not alone. A new poll shows that most Americans are feeling pressure when it comes to the cost of food. Nearly half say grocery prices are a major source of stress. According to the Associated Press-NORC Center for Public Affairs Research, only 14% […]
It’s Mo’ Money Monday, and while I’m not here to tell you to spend money you don’t have, I am here to help you spend smarter if you’re planning to shop. Amazon Prime Day kicks off tomorrow, July 9, and it’s one of the biggest sales events outside of Black Friday. The sale ends Friday, […]
More than two million federal student‑loan borrowers could see money taken from their paychecks as early as this summer. Why wage garnishment is back on the table: Roughly six million borrowers are now 90‑plus days late, and about one‑third of them (nearly 2 million people) could slip into default in July, triggering collections. Once a loan is in […]
Your “buy now, pay later” (BNPL) habits may soon directly impact your credit score. FICO, the company behind the most widely used credit scores in the U.S., announced Monday that its upcoming scoring models will include data from BNPL transactions for the first time. The move reflects the growing popularity of these short-term installment loans, […]
If your credit score recently took a hit, you’re not alone. Millions of Americans are seeing their credit scores plummet now that the federal government has resumed collecting on student loans. After a three-year pause during the pandemic, the U.S. Department of Education officially restarted the debt collection process. Borrowers who have gone 90 days […]
As federal investigators continue to crack down on pandemic-era loan fraud, two high-profile North Carolina cases are making headlines—highlighting the government’s ongoing efforts to hold individuals accountable for misusing COVID-19 relief funds. In Raleigh, 45-year-old Pastor Mitchell Summerfield pleaded guilty to conspiracy to commit bank and wire fraud after receiving more than $400,000 in fraudulent […]
Apple has agreed to pay $95 million to settle a class action lawsuit over claims that its voice assistant Siri recorded users without their consent. The lawsuit, Lopez v. Apple Inc., accuses the tech giant of unintentionally activating Siri during private conversations and then sharing that data with third parties. Some users say they were […]
As global trade tensions rise, the sneaker world is bracing for impact—especially Jordan Brand. With new tariffs threatening international supply chains, industry insiders say it’s only a matter of time before price hikes hit the shelves. Sneaker production is a global operation, from sourcing raw materials to assembling and packaging. Disruptions in that process can […]