Middle and low income Americans running out of disposable cash: SF Fed
The Conference Board’s chief economist, Dana Peterson, analyzes the job market and consumer confidence on “Making Money.” Low and middle-income Americans are short on discretionary cash and are on track to have less than they had before the COVID pandemic upended the economy, a survey by the National Statistics Office has found. Federal Reserve System […]
Cash App users could get payment due to $15M lawsuit settlement
See what’s clicking on FoxBusiness.com Some Cash App users may be eligible to receive money if they file claims in connection with a proposed settlement of a class action lawsuit filed against the company. Under the terms of a proposed settlement reached in the consolidated lawsuits, Salinas, et al. v. Block, Inc. and Cash App […]
Cash App settlement: Are you eligible to claim up to $2,500?
(NEXSTAR) — Have you used Cash App since 2018? You may be eligible to get a share of the $15 million settlement agreed to by Block Inc. (which owns Cash App) after being sued for negligence following two data breaches. According to the class action lawsuit, Block and Cash App Investing were “negligent and in […]
NYC cyber squatter hopes to cash in big on Harris-Walz website he bought in 2020
It’s a vice presidential contest. A Brooklyn cybersquatter who bought the website HarrisWalz.com in 2020 could sell the domain for $15,000 if Kamala Harris chooses Minnesota Gov. Tim Walz as her running mate. Trademark attorney Jeremy Green Etche bought the URL for just $8.99 in the hopes that Harris and Waltz will one day become […]
Warren Buffett’s Berkshire cuts Apple stake by half, boosts cash stockpile to $277B
Neuberger Berman Senior Research Analyst Dan Flax predicts earnings for big tech companies and which stocks are well-positioned. Warren Buffett’s Berkshire Hathaway The company plans to sell about half of its Apple shares, increasing its cash holdings to about $277 billion, according to figures released on Saturday. Berkshire’s quarterly report It suggests that the 93-year-old […]
Veterans outraged at US cash benefiting the Taliban via the UN
A report detailing how U.S. currency is flowing into Taliban-controlled Afghanistan, propping up a regime that U.S. troops have fought for decades, has sparked frustration and anger among prominent veterans. Late last month, an Afghan government monitoring group released a report concluding that since December 2021, the UN, working with other groups, has helped funnel […]
2024 Cash Dash: Harris fundraising surge more than doubles Trump’s haul last month
Vice President Kamala Harris raised a staggering $310 million in July, her campaign announced Friday morning, touting it as “the largest fundraising effort of the 2024 election cycle.” The presumptive Democratic presidential nominee’s fundraising total is more than double the $138.7 million he raised last month, his campaign said on Thursday. Harris has enjoyed a […]
Republican ex-Rep. Mike Rogers secures key endorsement, cash boost in Michigan Senate race
DETROIT — Republican former Rep. Mike Rogers is lagging behind Democratic Rep. Elissa Slotkin in fundraising for his Michigan Senate race, but help is on the way after he secured the backing of a key conservative faction on Wednesday. The Americans for Prosperity Action League endorsed Rogers with six days to go until the Aug. […]
Warren Buffett dumps $3B worth Bank of America shares to cash in on soaring stock price
Billionaire investor Warren Buffett has profited by selling more than $3 billion worth of Bank of America stock in the past few weeks after shares of the second-largest US bank surged. According to a regulatory filing late on Monday night, the 93-year-old Buffett, known as the “Oracle of Omaha,” liquidated 18.4 million shares of the […]
Legal or not, Harris is seizing Biden’s campaign cash
President Biden’s sudden and unprecedented withdrawal with just months to go until the 2024 presidential election raises many questions. One key question is how this unusual scenario will affect Kamala Harris and the Democratic Party from a campaign finance perspective. First, the Democrats have already renamed the “Biden Campaign for President” to the “Harris Campaign […]