Credit cards are everywhere these days. People use them to buy stuff online and in stores. But with all these transactions, there's a big problem: fraud. Bad guys are always trying to trick the system. The issue is, fraud cases are rare compared to real deals. So, how do we catch these sneaky frauds
Two brothers from Ypsilanti were caught in a tricky online scam. They bought stuff from many online stores and then tricked the stores into giving them money back. But they didn't send the items back. Instead, they sent empty boxes or fake items. They kept the real stuff and sold it for profit. The
Anthropic has introduced a new tool called Claude for Financial Services. This is a special version of their existing Claude for Enterprise. It is designed to help financial companies work better with AI. The new tool has some extra features that make it easier to use. One big change is that it has
The Consumer Financial Protection Bureau (CFPB), once a fierce protector of consumers' financial rights, now sits idle. Employees describe a surreal work environment where they are paid but forbidden to do their jobs. The bureau, tasked with overseeing banks and financial services, has been effectiv
The Salt Path, a popular book and recent movie, is now under scrutiny. The story is about a couple who walk 630 miles after losing their home. But now, some people say the author, Raynor Winn, didn't tell the whole truth. The Observer, a newspaper, says Winn didn't lose her home because of a bad bu
Sports is big business. To make the list of top sports empires, you need to own at least one team worth over a billion dollars and have other sports investments worth at least half a billion. This means only the biggest players in the game get a spot. When figuring out how much these empires are wo
Trump's recent move to impose new tariffs on 14 countries didn't shake up global markets as much as expected. The president announced tariffs ranging from 25% to 40% on goods from countries like Japan, South Korea, and others, set to start on August 1. But markets in Asia and Europe barely reacted.
SoFi Technologies is making waves in the financial world, with its stock price climbing 36% in 2025. This surge is driven by two major factors: changes in crypto regulations and student loan policies. First, let's talk about crypto. The Office of the Comptroller of the Currency (OCC) has issued som
Truth Social is diving headfirst into the world of cryptocurrency, hoping to turn their financial losses around. They've just launched a new ETF with five major cryptocurrencies: Bitcoin, Ethereum, Solana, Cronos, and Ripple. Bitcoin takes the lion's share at 70%, followed by Ethereum at 15%. The re
The past few years have been tough for people with student loans. The hope for widespread debt forgiveness is gone, and the break for those who defaulted on their loans ended in May. Now, the government is taking money from wages, tax refunds, and benefits of those in default. This could hurt millio
