[NPR, AP] The complaint filed by the Federal Trade Commission alleged that Credit Karma falsely told users they were preapproved for credit cards and other offers, harming their credit scores and wasting their time. The Federal Trade Commission is ordering Credit Karma to pay its users $3 million after pushing […]
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[The Sun, Twitter/thejefflerner] A SELF-MADE millionaire has revealed he managed to pay off nearly $500,000 worth of debts thanks to his range of side hustles. Jeff Lerner has revealed that transcribers who note down audio could earn up to $3,000 a month. Lerner founded the education platform Entre Institute, which […]
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[Fortune, Bloomberg/Getty Images] The company performed well in Q2, providing hope that the broader economy is strong. Americans bought less stuff and spent more on services like travel and recreation coming out of the pandemic, catching major retailers off guard at the start of this year. Now with the threat of a […]
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[CNBC] There are many ways to build a passive income. Among the most popular, historically, have been investing in a given portfolio and letting compounding interest make that money grow and buying and renting out properties. But as social media and platforms like YouTube grow in popularity, many content creators are learning they can reap […]
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[The Motley Fool, Getty Images] KEY POINTS Though bear markets can be unnerving, they’re the perfect time for long-term investors to go on the offensive. These five fast-paced stocks are well positioned for double-digit growth, no matter what the economy throws their way. These phenomenal growth stocks are ripe for […]
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[Business Insider, Getty Images] Over 30,000 tech workers have lost their job as of July. Insider spoke to employees from Tesla to Coinbase to hear their stories. These are their stories of the personal and economic toll of layoffs in the industry. According to the latest data from the US […]
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[Business Insider, Phyllis Iller] 38% of Black investors under 40 own cryptocurrency, compared to 29% of white investors under 40. When the price of bitcoin dropped in June, the Black community was disproportionately affected. Kiersten and Julien Saunders of rich & REGULAR say you can still bounce back and build […]
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[Business Insider] Now they’ve been fined $37.5 million plus interest on unlawfully collected fees. U.S. Bank was fined for using customer data to open sham accounts and new lines of credit without permission. Employees were pressured to access customer credit reports and open new accounts to inflate sales numbers. The […]
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[MarketWatch As the Federal Reserve raised its benchmark interest rate for the fourth time this year on Wednesday to cool off inflation, I caught up with Ben McMillan, founder and chief investment officer at IDX Digital Assets, to chat about the recent status of the crypto market. Crypto in a snap […]
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[Reuters, Getty Images] The dollar pared gains on Thursday after data showed that the U.S. economy contracted again in the second quarter, fueling speculation that the Federal Reserve will not raise rates as high as previously expected. Gross domestic product fell at a 0.9% annualized rate last quarter, the Commerce […]
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