A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money for nearly two weeks, according to recent court documents.
Category Archives: business
How the bidet market boomed after the pandemic
Bidet sales are rising after the pandemic caused the public to turn to a toilet paper alternative. NBC News’ Zinhle Essamuah reports on why the emerging bathroom must-have has even spawned influencers.
Warner Bros. Discovery and ESPN strike 5-year deal for College Football Playoff games
In a move to strengthen its sports offerings, Warner Bros.
Biden admin grants more legal protections to ‘buy now, pay later’ users
The Biden administration announced Wednesday that consumers who use “buy now, pay later” (BNPL) services for purchases are entitled to the same legal protections as consumers who use credit cards.
Federal Reserve minutes indicate worries over lack of progress on inflation
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence to move forward on interest rate reductions.
Target, McDonald’s and others are offering value as they lose ground with bargain hunters
Target’s weak quarterly earnings underscored why it cut prices on thousands of household staples: it’s struggling to win over bargain hunters.
Most Americans falsely think the U.S. is in recession, poll shows
More than half of Americans think that the United States is in an economic recession, although gross domestic product has been increasing for the past several years.
Fentanyl test strips are being used by drug dealers to advertise ‘clean pills’
Law enforcement officials warn that drug dealers now use fentanyl test strips on their pills and then post photos on social media to prove their drugs are “clean.”
Average U.S. vehicle age hits record 12.6 years as high prices force people to keep them longer
DETROIT — Cars, trucks and SUVs in the U.S. keep getting older, hitting a record average age of 12.6 years in 2024 as people hang on to their vehicles largely because new ones cost so much.
Amazon plans to give Alexa an AI overhaul — and a monthly subscription price
Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the cost of the technology, according to people with knowledge of Amazon’s plans.