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Tierney L. Cross/Bloomberg via Getty ImagesThe Consumer Financial Protection Bureau is cracking down on so-called paycheck advance programs, which have grown popular with workers in recent years. Such programs, also known as earned wage access, allow workers to tap their paychecks before payday, often for a fee, according to the CFPB. More than 7 million workers accessed about $22 billion in wages before payday in 2022, according to a CFPB analysis of employer-sponsored programs also published Thursday. Consumers may encounter earned wage access under various names, like daily pay, instant pay, accrued wage access, same-day pay and on-demand pay. However, most users do pay fees, CFPB found in its analysis of employer-sponsored programs.
Persons: Rohit Chopra, Tierney L, Biden, CFPB's, they've, Phil Goldfeder, Goldfeder, It's, hasn't, EarnIn, CFPB, Mitria Spotser, EWA Organizations: Consumer Financial Protection, Financial, Bloomberg, Getty, California Department of Financial Protection, Innovation, Federal Reserve, Finance, American Fintech Council, Biden, Workers, Center for Responsible
CNN —Yemen’s Houthi rebels on Friday claimed responsibility for a deadly drone blast in Tel Aviv, the Iranian proxy group’s latest attack in what it says is a response to Israel’s war against Hamas in Gaza. The drone that caused the explosion was detected by an Israeli aerial defense system, but not intercepted due to “human error,” an Israeli military official said. The Israeli military is investigating the attack and does not believe further threats are imminent, the official said. An investigator inspects a damaged window of a building at the site of an explosion in Tel Aviv on July 19, 2024. The drone attack in Tel Aviv Friday comes after the Houthis claimed earlier this month that they had targeted ships in the Israeli port of Haifa with a number of drones in joint military operations with Iran-backed militias based in Iraq.
Persons: Yemen’s, Houthi, Yahya Sare’e, , ” Sare’e, Ricardo Moraes, Israel’s Magen David Adom, , Roi Klein, Organizations: CNN, Embassy, Israel Defense Forces, Reuters, US Embassy, US State Department, MDA, Police, IDF Locations: Tel Aviv, Gaza, Jerusalem, Shalom, Tel, Aviv, Red, Israel, Haifa, Iran, Iraq
Spencer Cox on Friday pledged his support to former President Donald Trump in a notable shift after telling CNN last week he would not vote for Trump in November and hadn’t voted for him in 2016 or 2020. Cox told Trump in a letter he posted on X that God “had a hand in saving you,” after the attempt on the former president’s life at his Pennsylvania rally last weekend. He had not voted for the top of the GOP ticket since 2012, Cox told Collins. In his letter, Cox said he was impressed with the statements Trump and former first lady Melania Trump made following the assassination attempt, saying that “there was strength in those words, and also humility. I’m not writing this letter looking for a position in your Cabinet or a role on your team.
Persons: Spencer Cox, Donald Trump, hadn’t, Cox, Trump, , , Cox’s, ” Trump, CNN’s Kaitlan Collins, Collins, Melania Trump, Mr, I’m, Ronald Reagan, Biden, ” Cox Organizations: CNN, Utah Gov, Trump, Pennsylvania, Republican, Capitol, GOP
Read previewYou don't need to know a lot about tornadoes to understand the massive storms you'll see on screen in the new film "Twisters," debuting in US theaters Friday. 22 science terms to know before seeing 'Twisters'Cap: A layer of warm air thousands of feet high in the atmosphere that can slow or stop the formation of a thunderstorm. Sandwiched between warm, moist air and cold, dry air, the cap can also increase instability and cause a severe storm if it's removed. Eric Kurth/NOAADoppler radar: The National Weather Service's Doppler radars look like they have giant golf balls sitting on top of them. Recent research suggests severe storm activity is shifting to states like Alabama, Arkansas, Kentucky, Louisiana, Mississippi, and Tennessee.
Persons: , Eric Kurth, Ted Fujita, Paul Huffman, Sakuhei Fujiwhara, Matthew Cappucci, it's, Paul Markowski, Yvette Richardson, Joseph, Louis Lagrange, Sean Waugh Organizations: Service, Business, The Washington Post, NOAA, Tornadoes, NWS, FEMA, NASA, Federal Emergency Management Agency, National Aeronautics and Space Administration, Oceanic, Atmospheric Administration, National Weather Service, Library, Laboratory Locations: Elkhart , Indiana, Oklahoma, It's, Norman , Oklahoma, Kansas, Kansas , Nebraska , Oklahoma, Texas, Alabama , Arkansas , Kentucky, Louisiana , Mississippi, Tennessee
These are the general business structures eligible for business credit cards:Sole proprietorships and freelancersLimited Liability CorporationsCorporationsPartnershipsNonprofitsWhat credit score do you need to qualify for a business credit card? Business credit card eligibility requirements vary from card to card, but most credit card companies look for at least a good credit score. Compare credit cardsThe process of choosing the right business credit card is similar to the process of choosing a personal credit card. Business credit card vs. consumer credit cardBusiness credit cards often have very sweet incentives to sign up, but they can also be harder to get than personal credit cards. Business Credit Card Qualifications Frequently Asked QuestionsWhat do you need to get a credit card for your business?
Persons: Uber, Banks, You'll, you've Organizations: Business, Business †, U.S . Bank Business, Cash, Mastercard, Costco, Citi, CitiBusiness, eBay, IRS, Social, Facebook Locations: U.S, Chevron
After a pandemic, a cost-of-living crisis and a major war in Europe, not many feel nostalgia for the past five years. Ursula von der Leyen soon might. On Thursday, Ms. von der Leyen, the president of the European Commission, secured European Parliament approval to lead the European Union’s executive branch for a second five-year term. With the war in Ukraine in its third year and the prospect of a second Trump administration looming, the world is becoming a very different place from the one Ms. von der Leyen has helped the European Union navigate since 2019. A German conservative politician, Ms. von der Leyen was confirmed after a decisive approval vote at the Parliament on Thursday.
Persons: Ursula von der Leyen, von der Leyen, messier, Trump Organizations: European Commission, European Union Locations: Europe, European, Ukraine, E.U
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBranch: Markets will be mixed for a while because there aren't any catalystsGreg Branch, Founder and Managing Partner of Branch Global Capital Advisors, discusses the markets, rates, and geopolitical landscape.
Persons: Greg Branch Organizations: Branch, Branch Global Capital Advisors
This guide will help you decide what to do when you're ready to upgrade your Chase Sapphire Preferred® Card card to a Chase Sapphire Reserve®. Introduction to Upgrading Chase Sapphire Credit CardsThe Chase Sapphire Reserve® and Chase Sapphire Preferred® Card credit cards are so popular — and so hard to choose between — that we've written a full comparison of the Chase Sapphire Preferred® Card vs. the Chase Sapphire Reserve® credit card. How to Request A Chase Sapphire Card UpgradeIf you're sure that the Chase Sapphire Preferred® Card is no longer for you, you'll have to get rid of it before you can get the Chase Sapphire Reserve®. There are several ways to do this:Cancel your Chase Sapphire Preferred® Card before applying for the Chase Sapphire Reserve®Upgrade your Chase Sapphire Preferred® Card to the Chase Sapphire Reserve®Downgrade your Chase Sapphire Preferred® Card to a no-annual-fee Chase Freedom credit card, then apply for the Chase Sapphire Reserve® to earn a new welcome bonus. Chase Sapphire Upgrade Eligibility RequirementsSome Chase representatives have told cardholders that the Chase Sapphire Reserve® requires a $10,000 credit limit minimum.
Persons: cardholders, Chase, revel, You'll, Sapphire cardholders, it's, you'll, you've Organizations: Business, Chase, Chase Sapphire, Sapphire, Chase Travel, Banking
Introduction tothe Navy Federal Credit Union GO REWARDS® Credit CardThe Navy Federal Credit Union GO REWARDS® Credit Card has no annual fee and earns a decent rewards rate on gas purchases and dining out. Navy Federal Credit Union GO REWARDS® Credit Card RewardsWelcome BonusThe Navy Federal Credit Union GO REWARDS® Credit Card does not offer a welcome bonus. Navy Federal Credit Union GO REWARDS® Credit Card Benefits and FeaturesWhile the Navy Federal Credit Union GO REWARDS® Credit Card doesn't offer many robust perks and benefits, some notable features merit a mention. Navy Federal Credit Union CardsThe Navy Federal Credit Union GO REWARDS® Credit Card, Navy Federal Credit Union cashRewards Credit Card and Navy Federal More Rewards American Express® Card are all no-annual-fee cards, but the welcome bonus and reward structure on each card varies. Navy Federal Credit Union GO REWARDS® Credit Card Frequently Asked QuestionsHow do I earn points with the Navy Federal Credit Union GO REWARDS® Credit Card?
Persons: cardholders, pesky, you'll Organizations: Business Insider, Citi, Navy Federal Credit Union, Navy, Credit, National Guard, Department of Defense, DOD, Federal Credit Union, Visa, Mastercard, The Navy Federal Credit Union, GO, Navy Federal, Card, Walmart, Federal, American, Chase Locations: United States, Chevron
F1 Arcade, an F1 racing simulator experience, is coming to Washington DC and Las Vegas by 2025. Netflix's "Drive to Survive" series has boosted Formula 1's US popularity. I tested F1 Arcade in London to see what all the fuss was about. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementF1 Arcade, a restaurant and bar that houses e-sport racing game machines meant to mimic the Formula 1 driving experience, is one of the latest ways the sport is being monetized after Netflix's hit series "Formula 1: Drive to Survive."
Persons: , Netflix's, Liberty Media — Organizations: Washington DC, Service, Formula, Liberty Media, Business Locations: Vegas, London, Boston
CNN —An explosion near the US Embassy branch office in Tel Aviv that killed at least one person early Friday is being investigated as a possible drone attack, according to Israeli authorities. The blast occurred about 100 meters (330 feet) from the compound of the US Embassy branch office, according to a CNN analysis of open-source satellite imagery of the scene. The United States is closely monitoring the situation, a government official told CNN, acknowledging that an explosion happened near the branch office. An investigator inspects a damaged window of a building at the site of an explosion in Tel Aviv on July 19, 2024. A person walks down the stairs of a building damaged from a blast in Tel-Aviv on July 19, 2024.
Persons: Israel’s Magen David Adom, Ricardo Moraes, , Roi Klein Organizations: CNN, Embassy, US Embassy, Israel Defense Forces, Police, MDA, Reuters Police Locations: Tel Aviv, United States, Shalom, Tel, Aviv
You can contact your card issuer to receive a postage-paid envelope and mail your metal card back for them to destroy, or you could drop into a local branch for the issuing bank and ask them to destroy the card. Whether your card has expired, you're cutting ties with your credit company, or you simply need to replace a compromised card, knowing how to safely and effectively destroy a metal credit card is crucial. What Makes Metal Credit Cards UniqueThe uniqueness of metal credit cards lies in their core composition. Methods to Destroy Metal Credit CardsWhen it's time to say goodbye to your metal card, you have a few options. How do I ensure all data is destroyed when disposing of my metal credit card?
Persons: it's Organizations: Chase, American
Michail Chkhikvishvili, a 21-year-old man from the Republic of Georgia, was indicted on four charges, including soliciting hate crimes and acts of mass violence, according to a statement from the US Department of Justice. In November 2023, Chkhikvishvili began planning a “mass casualty event” for New York City on New Year’s Eve, prosecutors said. “The scheme involved an individual dressing up as Santa Claus and handing out candy laced with poison to racial minorities and children at Jewish schools in Brooklyn,” the Department of Justice statement said. He “drafted step-by-step instructions to carry out the scheme” and shared with the undercover officer “detailed manuals on creating and mixing lethal poisons and gases,” the statement said. “For example, and among other things, the handbook encourages its readers to commit school shootings and to use children to perpetrate suicide bombings and other mass killings targeting racial minorities,” the Justice Department statement said.
Persons: Santa Claus, Michail, Chkhikvishvili, Butcher, , , Matthew G, Olsen, Breon, Robert R, Wells, Eve, , Prosecutors, ” Chkhikvishvili Organizations: Nazi, US Department of Justice, Justice Department’s National Security Division, Eastern, of, FBI’s National Security Branch, New York, Jewish, Department of Locations: Europe, New York City, Republic of Georgia, Nazi, of New York, New, Brooklyn, United States
HSBC announced on Wednesday that it has appointed Georges Elhedery as group CEO, starting Sept. 2. Elhedery, who is the current chief financial officer, will replace outgoing head Noel Quinn in September. In late April, HSBC unexpectedly announced that Quinn would depart after nearly five years at the helm. Elhedery's appointment as CEO comes less than two years after he was promoted to chief financial officer in January 2023. HSBC Group Chairman Mark Tucker called Elhedery "an exceptional leader and banker who cares passionately about the Bank, our customers, and our people."
Persons: Georges Elhedery, Elhedery, Noel Quinn, Quinn, Mark Tucker Organizations: HSBC, Bank Locations: United Kingdom
On the line are Olympic medals – gold, silver and bronze – as well as the recognition that comes with them. But, unlike many other professional sports, financial reward isn’t necessarily a prize awarded to Olympic athletes in the past. Here’s everything you need to know about Olympic athletes and the compensation they can receive. A Paris 2024 Olympic Games gold medal (top) is seen on display with Paralympic Games gold (right) and silver medals (left). “And they do so and then many of them reward the athletes with prize money for winning medals or diplomas or whatever.
Persons: James B, Connolly, Louis, Benoit Tessier, , Mark Conrad, ” Conrad, Umar Kremlev, Thomas Bach, Bach, Gabriel Monnet, , ” Bach, Conrad, Simone Biles, Sha’Carri Richardson, Biles, Organizations: CNN, Olympic, Olympic Games, Eiffel, Paralympic Games, International Olympic Committee, IOC, National Olympic Committees, International Federations, NOC, Fordham University Gabelli School of Business, Games, Olympics, Athletics, WA, Los, Association of, International Boxing Association, IBA, Getty, , Paralympic, Forbes Locations: Massachusetts, St, Paris, AFP, Beijing,
Defense has historically outperformed when there's been a single party in control across Congress and the executive branch — in particular, the Republican Party, according to Wells Fargo analyst Matthew Akers. However, Akers believes the defense sector may not benefit if there's a Republican sweep this election cycle. Another two years of low growth for both defense and non-defense looks likely to us," Akers wrote in a Tuesday note. The firm said a Trump presidency is positive for the defense sector. The firm cited the Republican Party's platform, which highlights a "strong military," restoring peace and "made in America" defense systems.
Persons: there's, Wells, Matthew Akers, Donald Trump, Joe Biden, Akers, Trump, TD Cowen Organizations: GOP, Defense, Republican Party, Democrat, Republican, NATO, Ukraine, Caucus, China, Boeing, " Aircraft, Akers, U.S . Aerospace & Defense ETF, ITA Locations: Wells Fargo, U.S, China, America
US District Judge Aileen Cannon — who was appointed to the bench by Trump while he was president — ruled Monday that the appointment of Justice Department Special Counsel Jack Smith, who is overseeing the prosecution, was unconstitutional. The legality of Justice Department special counsels has been the subject of some debate over the past two decades. Since then, the US Attorney General has appointed special counsels with less authority while relying on internal Justice Department regulations. AdvertisementDefense lawyers in special counsel investigations have routinely argued the appointment of these newer special counsels is unconstitutional. His lawyers had signaled that, on appeal, they would challenge the legality of appointing a special counsel in the first place.
Persons: Trump's, Lago, Aileen Cannon —, , Jack Smith, Smith, Trump, Cannon, Jean Carroll's, Carroll, defaming, Ronald Reagan's, Bill Clinton's, General, Clarence Thomas, Robert Mueller, Hunter Biden, David Weiss Organizations: Trump, Business, White, FBI, Justice, Congress, Justice Department, Appeals, US, Defense Locations: Mar, Lago, Florida, Manhattan, Georgia, Iran, United States
There may be a path for Smith to revive the case, Cannon noted in her ruling, and Smith can appeal the decision. Cannon left open a potential pathway in her ruling for the classified documents case to be revived. (He is being prosecuted by a separate special counsel, David Weiss.) And during the Trump-Russia investigation, multiple Trump allies similarly attempted to derail special counsel Robert Mueller’s work. Former Attorney General Edwin Meese and Citizens United argued the same, writing that Smith’s appointment “severely undermines” the constitutional order.
Persons: Donald Trump’s, Aileen Cannon, Jack Smith, General Merrick Garland, Smith, Cannon, Trump, , , ” Cannon, Garland, Bill Barr, John Durham, Smith’s, it’s, Clarence Thomas The, Clarence Thomas, Thomas ’, Thomas, John Roberts, wasn’t, ” Thomas, Steve Vladeck, Joe Biden’s, Hunter Biden, David Weiss, Robert Mueller’s, James Pearce, Cannon’s, Edwin Meese, ” “ Organizations: Washington CNN, Trump, Republican National Convention, Republican, Justice Department, Senate, United, United States Attorney, Defense, Treasury, The, Prosecutors, CNN, Georgetown University Law Center, FBI, Former, Citizens United Locations: Milwaukee, United States, California, Delaware, Russia, Virginia, Washington, DC, Mar
Read previewIn the wake of an assassination attempt against him, Donald Trump has an idea to unite the country: stop prosecuting him. Shortly after a Florida judge dismissed the classified documents case against Trump, Trump urged in a post on Truth Social on Monday that all remaining charges against him should be dropped. Without providing any details, Trump told the Post "we hear" that Biden will order the Department of Justice to drop its criminal cases against Trump. Trump and the GOP have repeatedly alleged, long before Saturday's shooting, that Biden is behind the charges against Trump. "Our prayers are with the victims of the shooting, President Trump and our country."
Persons: , Donald Trump, Trump, Joe Biden's, us, Biden, Biden wouldn't, there's, Robert O'Brien, Mike Lee of, We've, O'Brien Organizations: Service, Trump, Business, Democrat Justice Department, The New York, of Justice, DOJ, GOP, Sunday Locations: Pennsylvania, Florida, Mike Lee of Utah, PA, New York, Georgia
Read the Ruling That Dismisses the Documents Case Against Trump
  + stars: | 2024-07-15 | by ( ) www.nytimes.com   time to read: +2 min
Case 9:23-cr-80101-AMC Document 672 Entered on FLSD Docket 07/15/2024 Page 34 of 93 i. Statutory History The currently codified version of Section 515(b) can be traced back to the establishment of the Department of Justice in 1870. See An Act to Establish the Department of Justice, ch. 150, 16 Stat. 162, 164–65 (1870) (hereinafter, the "DOJ Act"). Put another way, nothing in this language shows Congress's intent that “special assistants”—personnel authorized to "assist in the trial of any case in which the government is interested"—would function with the power of a United States Attorney.
Persons: , Organizations: Department of Justice, Attorney, United Locations: United States
Advertisement"So that is, in theory, taking power away from unelected officials," Justin Crowe, a professor of political science at Williams University who researches the Supreme Court, told Business Insider. With Corner Post, Entin said, the Supreme Court created a statute of limitations that, from the standpoint of federal agencies, never really expires. But the Court didn't stop at giving itself the reins to interpret regulations that federal agencies are beholden to. In the Trump case, the Supreme Court offered Trump broad immunity for some of his acts concerning his January 6 election interference case. In the July 6 episode of Slate's Supreme Court analysis podcast "Amicus with Dahlia Lithwick," Senior Court Reporter Mark Joseph Stern said the Court spent this term expanding its power and "restructuring representative democracy to make it less representative and less democratic."
Persons: , Raimondo, Reagan, presidentially, Justin Crowe, wouldn't, Loper, Jonathan Entin, Entin, Ruth Bader Ginsburg, Ketanji Brown Jackson, Trump, Tanya Chutkan, Dahlia Lithwick, Mark Joseph Stern Organizations: Service, Loper Bright Enterprises, Inc, Governors, Federal Reserve System, Business, Chevron, Environmental Protection Agency, Congress, Williams University, EPA, Securities Exchange Commission, of Health, Human Service, Case Western Reserve University, Federal Reserve Board, Supreme, DC Circuit, Federal, Trump v ., Trump, DC Locations: Chevron, Trump v, Trump v . United States
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Villagers watch the sunset over a small lagoon near the village of Tangintebu on South Tarawa in the central Pacific island nation of Kiribati May 25, 2013. CHINESE INTEREST AS WESTERN BANKS EXIT"The proposed World Bank project is a creative way of addressing the challenge of de-risking and small scale in Pacific Island countries," said Lalita Moorty, the World Bank's East Asia and Pacific director for prosperity. Without access to overseas banks, Pacific countries would struggle to receive remittances - a key component of their economies - welcome holidaymakers or trade with the wider world. "It can create instability for the financial system," said Denton Rarawa, senior economics adviser at the Pacific Islands Forum. "What we're saying is that if you're not going to address concerns and issues we have, Pacific countries will start looking elsewhere for support."
Persons: David Gray, Solomon, Lalita Moorty, Denton Rarawa, Mark Brown, Janet Yellen, Ariff Ali, Lewis Jackson, Lucy Craymer, Ziyi Tang, William Mallard Organizations: REUTERS, Villagers, WELLINGTON, Bank, U.S, Pacific Islands, World Bank, Pacific, ANZ Bank, Westpac, Bendigo Bank, Bank of China, Reuters, Cook, U.S . Treasury, Federal Reserve, Reserve Bank of Fiji, Thomson Locations: Tangintebu, South, Pacific, Kiribati, SYDNEY, Australia, China, Washington, Nauru, Solomon Islands, Taiwan, Beijing, U.S, East Asia, Papua New Guinea, Vanuatu, Tonga, Samoa, Brisbane, Pacific Islands, Sydney, Wellington
Is There a Future in the Doomsday Economy?
  + stars: | 2024-07-13 | by ( Alexander Nazaryan | Emily Najera | ) www.nytimes.com   time to read: +2 min
When it comes to surviving the apocalypse, you could do a lot worse than the West Virginia branch of Fortitude Ranch, a constellation of five survivalist compounds across the United States and one of a growing number of businesses aiming to seize on Americans’ deepening anxieties about the future. Set on a rise above the lush valley cradling the Lost River in eastern West Virginia, about two hours from Washington, D.C., the 50-acre property backs up against the George Washington and Jefferson National Forests. A handsome guesthouse, built of dark timber slats, anchors the property. Two large, boxy dormitories, also timber but more rustic, as well as a bare-bones bunker, are designed to house more than 100 members. On a tabletop sits a 50-caliber rifle, which could be used to take out the engine block of an approaching vehicle.
Persons: George Washington Organizations: Washington , D.C, Jefferson National Forests, Guard Locations: West Virginia, Fortitude, United States, Washington ,
Video: Trump speech interrupted by Secret Service
  + stars: | 2024-07-13 | by ( John Branch | ) edition.cnn.com   time to read: 1 min
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