Car payments hit record levels as affordability issues continue in the US
Record High Car Payments Continue Amid Affordability Challenges The average monthly payment for new cars has reached an unprecedented level in the first quarter, as many American households grapple with rising costs. According to LendingTree’s Q1 2026 report, citing Experian data, the average monthly payment climbed 2.9% from the previous year, hitting $770. New car […]
SSI recipients get two direct deposit payments in July 2026
Changes in Supplemental Security Income Payments Some recipients of Social Security will actually get two checks this July, thanks to a quirk in the calendar affecting the payment schedule. Usually, the Social Security Administration (SSA) processes Supplemental Security Income (SSI) payments on the first day of each month. Unlike standard Social Security retirement benefits, SSI […]
Average car payments hit a record high of $770 in early 2026.
Jason Katz, a Managing Director and Senior Portfolio Manager at UBS, is set to appear on Varney & Company, sharing his market predictions for the latter half of this year. In the first quarter, the average payment for a new car surged to an unprecedented level, as many American households struggle with affordability. According to […]
Many older tech employees are retiring at 55, but starting Social Security early results in smaller payments for life.
It seems many tech workers, especially those who’ve been in the game since before the dot-com bubble, are pondering retirement these days. Some are opting for it, while others… not so much. In fact, over 113,000 people in tech are expected to face layoffs in 2026. This wave of job cuts will affect 179 companies, […]
Social Security Update: Certain Recipients Will Receive Two Payments in July
Social Security Update: Some Recipients Will Get Paid Twice in July In July, millions of Americans dependent on Supplemental Security Income (SSI) will notice an unusual shift in their payment schedules, with some beneficiaries receiving two checks within the same month. While it might seem like a bonus to get double payment, federal authorities and […]
MLB suggests capping free agent contracts and ending deferred payments as concerns about a lockout increase
MLB Season in 2027 Faces Uncertainty Talks regarding the start of the Major League Baseball season in 2027 are, well, looking a bit shaky. During negotiations on Thursday with the MLB Players Association concerning the upcoming collective bargaining agreement, the league suggested contracts of up to five years for players who sign with new teams […]
Finastra Divests Core Banking Division to Shift Focus to Payments and Lending
Pollen Street, a private capital asset management firm, is set to acquire Finastra’s global core banking software division, known as Universal Banking (UB), with plans to support its transition to an independent entity. The announcement made on June 19 states that Pollen Street aims to inject funds into UB to accelerate innovation in products, enhance […]
Eleven undocumented individuals charged with stealing $1.4 million in food assistance and disability payments in Massachusetts.
The Department of Justice (DOJ) has announced plans to charge 15 individuals, including 11 undocumented immigrants, for participating in a welfare fraud scheme that misappropriated roughly $1.4 million in food stamps, health benefits, disability benefits, and unemployment benefits. This information was shared during a news conference on Thursday in Boston, Massachusetts. The specific allegations against […]
District Attorney Nathan Hochman seeks to halt $4 billion in sex abuse payments, stating that 81% of claims might be fraudulent.
Los Angeles County District Attorney Nathan Hochman announced that up to 81% of claims related to the historic $4 billion settlement for sexual abuse victims may be fraudulent. This settlement is reportedly the largest of its kind in U.S. history. A motion filed on Thursday by Hochman asked a Los Angeles County Superior Court judge […]
Bryan Fair to appear before House Judiciary Committee regarding payments to alleged hate groups
Controversial Nonprofit Leader to Testify Amid Allegations The head of a beleaguered left-leaning nonprofit, accused of covertly directing funds to extremist groups while publicly advocating against hate, is set to appear before Congress. Brian Fair, who is currently the interim CEO of the Southern Poverty Law Center (SPLC), will provide testimony to the House Judiciary […]