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DOGE announces more than $1B in savings after canceling 104 federal DEI contracts

The new federal government announced on Friday that taxpayers will save more than $ 1 billion through the abolition of 104 diversity, fairness, and inclusive (DEI) contracts. On Wednesday, DOGE recorded 85 “DEIA” contracts from 25 federal agencies. According to DOGE's news release, by Friday afternoon, the number has grown to a total of 1,000,060,792 […]

‘I don’t even think it’s the cost savings’ 

Vice President JD VANCE said on Wednesday, the “most important” aspect of the newly formed government efficiency bureau (DOGE), the ability of Program to identify a bureaucratic hurdle that Trump responded to national needs. I claimed that. “DOGE saves money. We have already identified a lot of costs,” Vance said in an interview with Fox […]

Pulaski Savings Bank fails, Millennium Bank assumes deposits – American Banker

Pulaski Savings Bank, a Chicago-based community bank with $49.5 million in assets, was shut down Friday by the Illinois Department of Financial and Professional Regulation. The Federal Deposit Insurance Corporation was appointed receiver, and all of the bank's $42.7 million in deposits were transferred to nearby Des Plaines Millennium Bank in Illinois. “Millennium Bank has […]

Consumer bureau sues Capital One for 'cheating' customers on savings account interest

The government's consumer watchdog group sued Capital One on Tuesday, accusing it of “defrauding” customers of billions of dollars in interest. Consumer Financial Protection Bureau (CFPB) Accusing big banks Despite promising the “highest'' and “highest'' interest rates in the country, interest rates on 360 savings accounts will be frozen at a low level due to […]

Sonic launches ‘Daily Cravings & Savings’ deals, new $1.99 menu

As fast food chains continue to push discounts to attract cash-strapped customers, Sonic has launched a “Daily Cravings & Savings” lineup with deals as low as $1.49. Sonic offers deals on menu items on select days of the week for a month at a time. After that, the company plans to release new daily specials […]

Opening a savings account? Here's what to know

Savings accounts are a great place to stash cash for a rainy day, but their benefits and costs vary by bank. According to , in 2022, the typical American had $8,000 in cash in their bank account. Data from the Federal Reserve System. This is a 30% increase from 2019. Unlike checking accounts, which typically […]

Scammers exploited mom’s fears to steal her entire life’s savings

Imagine receiving a phone call that changes your life forever. The call is full of urgency, authority, and the most convincing deception that can fall prey to even the most cautious person. Barb G's story is one that no family should ever have to endure. She emailed us to tell us that her elderly mother, […]