Latest in Mistakenly Credits Trillion
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Citi mistakenly credits $81 trillion to customer account
Citigroup reported the "near miss" to the Federal Reserve and the Office of the Comptroller of the Currency, according to the Financial Times.CBS News - 10h -
Citigroup Makes (and Then Fixes) an $81 Trillion Mistake
The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems after a series of errors.The New York Times - 13h -
Kim Kardashian sued after mistakenly IDing New York man as Texas death row inmate on Instagram
Kim Kardashian is being sued for slander and libel after she posted an Instagram photo that inaccurately labeled a New York man as a Texas death row inmate.NBC News - 4d -
HPV vaccine credited for declining cervical precancer rates
Fewer precancerous lesions are being found in young women undergoing cervical cancer screenings thanks to the human papillomavirus (HPV) vaccine. Rates of precancerous lesions in women between ...The Hill - 4h -
Trillions of Viruses Live in Your Body. A.I. Is Trying to Find Them.
The Human Virome Program will analyze samples from thousands of volunteers in an effort to understand how viruses affect health.The New York Times - Feb. 19 -
Looking forward to the great wealth transfer? Expect an $84 trillion mess instead.
Without proper estate planning, a lot of that money could end up going toward legal fees and taxes instead of to heirs.MarketWatch - 3d -
US House passes budget resolution to cut taxes and spending by trillions
Bill would lead to large increase in America’s deficit, independent analysts sayFinancial Times - 3d -
How the House Republican budget plan hopes to cut trillions of dollars in spending
The budget plan that narrowly passed in the House of Representatives proposes trillions of dollars in cuts over 10 years. CBS News' Taurean Small reports.CBS News - 2d -
DOGE Puts $1 Spending Limit on Government Employee Credit Cards
The restrictions are already in place at the General Services Administration along with several other agencies. Soon they’ll roll out to most of the federal government, sources say.Wired - Feb. 20 -
DOGE claims credit for $4M sale of school building during Biden presidency
DOGE touted the sale of a historic Washington, D.C., property that had been boarded up for years — but the auction happened before President Trump took office.CBS News - Feb. 21 -
JPMorgan Chase sets aside $50bn for direct lending in private credit push
Move by Wall Street bank comes as increasing number of groups bypass traditional debt marketsFinancial Times - 4d -
How much of your paycheck should go to credit card debt?
If you put more than this amount toward credit card debt each month, you may want to consider other solutions.CBS News - 4d -
5 risks of just making minimum credit card payments
The minimum payment option exists primarily to benefit the credit card companies, not the cardholders.CBS News - 3d -
Border officials credit drop in illegal migrant crossings to Trump administration
U.S. Customs and Border Protection is crediting the Trump administration's immigration policies for the drop it's seeing in border apprehensions. CBS News immigration and politics reporter Camilo ...CBS News - 3d -
California legislators propose bills to expand film and TV tax credit program
To address the flight of productions to other states and countries, legislators are proposing bills that they say will make it more attractive to film in California.Los Angeles Times - 2d -
Citigroup erroneously credited client account with $81tn in ‘near miss’
Incident comes as US bank seeks to assuage regulatory concerns over its risk management processesFinancial Times - 21h -
Citigroup credited client’s account with $81tn before error spotted
US bank meant to send $280 but no funds were transferred despite ‘fat finger’ mistake. The US bank Citigroup credited a client’s account with $81tn when it meant to send $280 – before the “fat ...The Guardian - 16h -
Climate change shrinking glaciers faster than ever; 7 trillion tons lost since 2000
A new and massive study finds that climate change is melting the world’s mountain glaciers faster than everABC News - Feb. 20 -
Investors in $6.4 trillion T-bill market are getting less chill about the U.S. debt ceiling
Yields on Treasury bills set to mature in July and August have been climbing, reflecting growing concerns the U.S. debt-ceiling battle.MarketWatch - 3d -
Tesla’s stock skid pushes valuation below $1 trillion for the first time in 3 months
Tesla’s closing market cap slides below $1 trillion for the first time since mid-November.MarketWatch - 3d -
Tesla's market cap sinks below $1 trillion as stock slumps more than 8%
Tesla shares have dropped dramatically since peaking in December, and Tuesday's decline pushed the company's market cap below $1 trillion.CNBC - 3d -
Musk loses more than $100B as Tesla gives up trillion-dollar company status amid sell-off
Elon Musk's status as the world's wealthiest person is in no danger of changing.NBC News - 3d -
Nvidia bounces back from post-earnings slide, climbing above $3 trillion market cap
Nvidia is still the second most valuable U.S. tech company, behind Apple and ahead of Microsoft.CNBC - 5h -
Share of €500,000 jackpot offered to men who bought scratchcard with stolen credit card
Winnings as yet unclaimed by thieves in Toulouse who bought scratchcard amid legal debate over who gets payout. Two homeless men who bought a winning lottery scratchcard with a stolen credit card ...The Guardian - Feb. 21 -
Minimum credit card payments are rising: How to tackle your card debt now
Struggling to pay more than the minimum on your credit card debt? These solutions could help.CBS News - Feb. 21 -
Are your online habits safer than most? 84% of credit cardholders engage in at least 1 risky behavior, survey finds
Behaviors like reusing passwords and paying over public Wi-Fi put your credit card information at risk, cybersecurity experts say.CNBC - Feb. 21 -
Man offers to split winnings after thieves hit jackpot with his credit card
The Frenchman has called on the thieves to strike a deal with him to split the €500,000 (£413,664) prize.BBC News - Feb. 21 -
Actor Faizon Love struck San Diego hotel worker with credit card reader, lawsuit alleges
A San Diego hotel worker alleges that 'Elf' actor and comedian Faizon Love hurled a credit card reader at her last year, according to a lawsuit filed this week.Los Angeles Times - Feb. 21 -
Have $60,000 in credit card debt? Here are 4 realistic options to pay it off.
Paying off tens of thousands of dollars in credit card debt isn't easy, but there are a few solutions to consider.CBS News - 3d -
State Street, Apollo team up to launch first of its kind private credit ETF
Wall Street is eager to provide access to private equity and credit to the masses, and ETFs are the obvious wrapper.CNBC - 1d -
Two thieves bought a $500K lottery ticket with a stolen credit card. The victim wants $250K. Does he deserve it?
This sordid tale is so unusual that it could only be a fictionalized moral quandary dreamed up by the likes of David LynchMarketWatch - 14h -
You can still claim up to $2,000 per kid from the child tax credit, but that amount may drop after 2025—here's what to know
If Congress doesn't address the soon-expiring expanded child tax credit, parents could see a higher tax bill in the coming years.CNBC - 3d