A new era for digital payments? Here’s what consumers need to know right now. Zelle, a widely used platform for peer-to-peer money transfers, has discontinued its independent mobile app. This change, effective Tuesday, will not affect most Zelle transactions, as the majority of users already access the service through their own bank’s online system. Still, … Read more
Retiring two decades ago on limited savings sounded risky for 93-year-old Manhattan resident, Leila Lieberman. Yet, she’s happier than ever, proving that companionship and passion projects can matter more than a hefty bank account. Lieberman spent years working as a counselor in both Illinois and New York, earning a modest income. When she retired, she … Read more
More than 300,000 federal credit cards face immediate deactivation under a bold new plan. The U.S. Department of Efficiency (DOGE) aims to curb excessive costs and close accounts linked to inactive or suspicious activity. The surprise decision targets accounts deemed redundant or abandoned within various government agencies. In total, DOGE has already identified over 300,000 … Read more
For nearly four decades, Gladys and Nelson Gonzalez built a life in California. They came to the United States in 1989, fleeing violence in Colombia. Their three daughters, all American citizens, never imagined they would one day watch their parents be deported. “We’ve been living in disbelief since it happened,” said Stephanie Gonzalez, the eldest … Read more
For many people, leaving a high-paying finance position sounds risky. But for one former equities trader, it was the key to rediscovering his passion. After realizing the long hours and intense environment weren’t sustainable, he took a leap of faith and returned to what truly inspired his: education. Today, he tutors students and young professionals … Read more
Jackpot remains unclaimed, raising questions about key deadlines and the importance of acting quickly. A staggering $344 million Mega Millions prize remains in limbo after lottery officials confirmed that a single winning ticket was sold in Illinois. The unknown winner guessed the correct numbers, including the crucial Mega Ball, in Tuesday’s draw. However, with no … Read more
Block, Inc. Will Distribute a $15 Million Fund to Resolve User Complaints. A long-awaited settlement has arrived for Cash App users who faced unauthorized transactions or unfair account freezes. Block, Inc., the company behind Cash App, agreed to pay out $15 million in total after a class action lawsuit over alleged fraudulent charges and account … Read more
The Federal Reserve’s gradual phase-out plan promises added security—but also raises questions about everyday transactions. The United States Federal Reserve has announced its ambitious plan to overhaul three of the most common U.S. dollar denominations: the $20, $50, and $100 bills. The update will unfold gradually over the next 15 years, ensuring continuity for consumers … Read more