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Late car payments hit highest level in decades
Americans are falling behind on their monthly car payments at the highest rate in more than 30 years.The Hill - 4d -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - 5d -
Social Security payments scrutinized by DOGE amid search for fraud
DOGE is sifting through Social Security payments in an anti-fraud effort that has some worried the administration could deny payments to vulnerable older Americans.ABC News - 2d -
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.Inc. - 5d -
Former Treasury secretary on Trump's tariffs: 'People are overreacting a bit'
Former Treasury Secretary Steve Mnuchin believes that the economy is not in trouble and that people are overreacting to the new administration's policy changes.The Hill - 3h -
Treasury yields fall as investors weigh the state of the U.S. economy
U.S. Treasury yields inched lower on Monday as investors await a busy week of key economic data, and consider the state of the U.S. economy.CNBC - 2d -
2-year Treasury note yield bounces from October low as investors await U.S. inflation report
U.S. Treasury yields rose on Tuesday as investors looked ahead to the latest consumer price index reading.CNBC - 1d -
Judge orders release of certain owed foreign aid payments
A federal judge on Monday ordered the Trump administration to release foreign aid payments owed under certain existing contracts but stopped short of staving off mass contract cancellations that ...The Hill - 1d -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Former Treasury Secretary Steven Mnuchin said Wednesday he believes “people are overreacting a bit” to the policy changes from the current Trump administration.NBC News - 6h -
Computer owners duped in antivirus scam to get over $25M: What to know about payments
More than $25 million in payments will go out this week to customers who were tricked into paying for fraudulent tech support offered by two companies.The Hill - 2d -
Deadline arrives for Trump administration to make foreign aid payments
The Trump administration faced a judge's deadline of 6 p.m. EDT on Monday to repay millions in foreign aid funds. It's unclear at this point if it followed through with the order. Tom Dupree, ...CBS News - 1d -
Starmer axes UK payments watchdog as part of anti-regulation drive
Government says regulator’s merger with Financial Conduct Authority will reduce complexity and boost innovationFinancial Times - 1d -
Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - 2d -
Treasury value for money unit targets asylum housing costs
Rachel Reeves set up the Office for Value for Money (OVfM) in October to "root out waste and inefficiency".BBC News - 12h -
T-Mobile customers to get payments up to $25K next month after data breach: Here's who qualifies
The $350 million T-Mobile agreed to pay in a 2022 class action settlement will finally start going out to customers next month.The Hill - 7h -
Disability benefit cuts test loyalty of Labour MPs
Some are worried about the possibility of freezing payments for people with long-term conditions.BBC News - 5h -
2-year Treasury yield ends at lowest level in 6 months on recession talk
Bond yields dropped sharply on Monday after President Donald Trump over the weekend shrugged off the possibility that his policies would cause a U.S. recession.MarketWatch - 2d -
Short-term Treasury yields remain near mid-October lows as investors await CPI report and more tariff talks
Bond yields ended higher Tuesday as investors monitored the tariff front, awaited a key inflation report out Wednesday and stayed on guard about a slowing U.S. economy.MarketWatch - 1d -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Mnuchin, who served under Trump in the Republican's first term in office, said does not see signs of an imminent slowdown for the U.S. economy.CNBC - 9h -
Treasury yields end higher for second day after CPI inflation data comes in cooler than expected
Bond yields closed with back-to-back gains Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.MarketWatch - 3h -
Mastercard and Visa linked to illegal gambling sites accused of scamming UK customers
Card giants processing payments for unlicensed operators as customers report losing thousands. Mastercard and Visa are processing payments for illegal gambling websites accused of scamming UK ...The Guardian - 3d -
DOGE Cuts Upend Trump-Voting West Virginia Town
‘Nobody that I’ve talked to understood the devastation that having this administration in office would do to our lives,’ said one fired Treasury Department worker in Parkersburg.Inc. - 5d -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - 4d -
Global stocks sell-off pauses as investors catch their breath
Tumbling stock markets and rallying Treasury bonds steadied somewhat in Europe on Tuesday, as a modicum of calm returned to markets after the previous day’s dramatic moves.NBC News - 1d -
Trump economic team’s effort to calm recession fears falls flat
Calling bad news a temporary phenomenon didn’t work out well for Biden and it won’t for Trump, former Treasury Secretary Larry Summers said.MarketWatch - 5h -
Altadena Residents Face High Costs as They Begin to Rebuild Their Homes
The realities of construction costs and insurance payments after the Eaton fire have set in for residents.The New York Times - 4d -
All HHS workers given $25,000 voluntary buyout offer, source says
All employees in the U.S. Department of Health and Human Services were notified Friday of the option to voluntarily resign in exchange for a $25,000 payment.CBS News - 3d -
I fled our $2.2M home due to domestic abuse. I’m on the loan, but we’re both on the title. My husband won’t sell. What now?
“He contributed a $1 million down payment. I mortgaged the rest in my name.”MarketWatch - 3d -
Keir Starmer defends planned welfare cuts to anxious Labour MPs
Prime minister wants to reform disability benefit payments to help fund greater spending on defenceFinancial Times - 2d -
Is it worth it to get a HELOC rate lock? What the experts say
A HELOC rate lock can provide predictable payments — but may only be worth it in certain cases.CBS News - 1d -
How much does a $200,000 HELOC cost per month in 2025?
What kind of monthly payment would you make on a $200,000 HELOC at today's rates? Find out here.CBS News - 1d -
Ex-Cyclone Alfred floods live updates: emergency disaster relief payment for loss of income approved; Brisbane and NSW flooding; flood evacuation warnings – latest news
Follow today’s news live. Full report: residents warned to head for high ground as flood waters rise Send us your photographs and videos of ex-Cyclone Alfred Get our breaking news email , ...The Guardian - 2d -
The Wirecard fugitive, Russian intelligence and a Bulgarian spy ring
A London espionage trial has provided rare insight into the activities of Jan Marsalek, the former payments executive, and how Moscow is outsourcing its spyingFinancial Times - 5d -
Spotify says it paid $10 billion in royalties in 2024 — but only 4% of its artists make a living
The music-streaming giant has long been the target of criticism from artists about paltry payments, but said it doled out record royalties last year.MarketWatch - 7h -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - 1d -
Aid operations in Gaza imperiled as millions of promised USAID dollars do not arrive
The Trump administration’s cuts to USAID have frozen hundreds of millions of dollars in contractual payments to aid groups, leaving them paying out of pocket to preserve the fragile Gaza ceasefire, ...ABC News - 5d -
Here's the biggest news you missed this weekend
All employees of the Department of Health and Human Services, overseen by Secretary Robert F. Kennedy Jr., received unsigned emails Friday night offering them a “voluntary separation incentive ...NBC News - 3d -
The etiquette of digital debts among friends
A recent article in the Wall Street Journal looked at the "unspoken rules" of digital payment apps like Venmo and tried to decipher the proper etiquette for requesting money back from friends. The ...CBS News - 2d -
HHS offers buyout option for workers who quit, source says
All employees at the U.S. Department of Health and Human Services received an offer of a $25,000 payment if they choose to voluntarily resign, a source familiar with the situation told CBS News. ...CBS News - 2d -
Larry Summers: Odds of a recession 'close to 50/50'
Former Treasury Secretary Larry Summers said Monday that the odds of a recession are “close to 50/50.” “I told [Kasie Hunt] @CNN today, I think there is a real possibility of a recession,” Summers ...The Hill - 1d